iHeartMedia 2000 Annual Report Download - page 55

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55
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
(In thousands)
Accumulated
Additional Common Other
Common Paid-in Stock Retained Comprehensive Treasury
Stock Capital Warrants Earnings Income Other Stock Total
Balances at December 31, 1997 $ 9,823 $ 1,541,865 $ $ 169,631 $ 19,916 $ 6,236 $ (687) $ 1,746,784
Net income 54,031 54,031
Proceeds from sale of Common
Stock 2,100 1,279,318 1,281,418
Common Stock issued related to
Eller put/call agreement 13 5,820 5,833
Common Stock and stock options
issued for business acquisitions 1,929 1,199,928 1,201,857
Exercise of stock options 89 52,782 (1,311) (1,286) 50,274
Currency translation adjustment 5,801 5,801
Unrealized gains on investments 137,431 137,431
Stock split 12,416 (12,416) —
Balances at December 31, 1998 26,370 4,067,297 223,662 163,148 4,925 (1,973) 4,483,429
Net income 72,470 72,470
Proceeds from sale of Common
Stock 805 512,112 512,917
Common Stock issued related to
Eller put/call agreement 190 130,440 130,630
Common Stock, stock options and
common stock warrants issued
for business acquisitions 6,180 4,413,530 253,428 4,673,138
Conversion of Liquid
Yield Option Notes 10 3,271 3,281
Exercise of stock options and
common stock warrants 306 90,307 (566) (2,621) (2,953) 84,473
Charitable donation of
treasury shares 4,102 4,102
Currency translation adjustment (47,814) (47,814)
Unrealized gains on investments 167,411 167,411
Balances at December 31, 1999 33,861 9,216,957 252,862 296,132 282,745 2,304 (824) 10,084,037
Net income 248,808 248,808
Common Stock, stock options and
common stock warrants issued
for business acquisitions 24,497 20,258,721 (61) 20,283,157
Deferred compensation acquired (49,311) (49,311)
Purchase of treasury shares (4,745) (4,745)
Conversion of Liquid
Yield Option Notes 76 76
Exercise of stock options and
common stock warrants 219 83,154 (3,550) (203) 79,620
Amortization and adjustment of
deferred compensation 20,709 20,709
Currency translation adjustment (92,296) (92,296)
Unrealized gains (losses) on
investments (222,882) (222,882)
Balances at December 31, 2000 $ 58,577 $29,558,908 $ 249,312 $ 544,940 $ (32,433) $ (26,298) $(5,833) $30,347,173
See Notes to Consolidated Financial Statements