iHeartMedia 2006 Annual Report Download - page 59

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59
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
(In thousands, except share data)
Common
Shares
Issued
Common
Stock
Additional
Paid-in
Capital
Retained
(Deficit)
Accumulated
Other
Comprehensive
Income (Loss)
Other
Treasury
Stock
Total
Balances at December 31, 2003 616,321,231 $ 61,632 $ 30,950,820 $ (15,630,387) $ 194,406 $ (1,293) $ (21,239) $ 15,553,939
Net loss (4,038,169) (4,038,169)
Dividends declared (265,221) (265,221)
Common Stock issued for business acquisitions 933,521 93 31,405 31,498
Purchase of common shares (1,841,482) (1,841,482)
Treasury shares retired and cancelled (51,553,602) (5,155) (1,838,115) 1,843,270
⎯
Exercise of stock options and other 1,871,586 187 36,711 6,747 43,645
Amortization and adjustment of deferred compensation 2,774 1,080 (170) 3,684
Currency translation adjustment 50,722 50,722
Unrealized gains (losses) on cash flow derivatives (65,827) (65,827)
Unrealized gains (losses) on investments 15,289 15,289
Balances at December 31, 2004 567,572,736 56,757 29,183,595 (19,933,777) 194,590 (213) (12,874) 9,488,078
Net income 935,662 935,662
Dividends declared (373,296) (373,296)
Spin-off of Live Nation (687,206) (29,447) (716,653)
Gain on sale of subsidiary common stock 479,699 479,699
Purchase of common shares (1,070,204) (1,070,204)
Treasury shares retired and cancelled (32,800,471) (3,280) (1,067,175) 1,070,455 ―
Exercise of stock options and other 3,515,498 352 31,012 8,558 39,922
Amortization and adjustment of deferred compensation 5,800 213 456 6,469
Currency translation adjustment 28,643 28,643
Unrealized gains (losses) on cash flow derivatives 56,634 56,634
Unrealized gains (losses) on investments (48,492) (48,492)
Balances at December 31, 2005 538,287,763 53,829 27,945,725 (19,371,411) 201,928 ― (3,609) 8,826,462
Net income 691,517 691,517
Dividends declared (374,471) (374,471)
Subsidiary common stock issued for a business acquisition 67,873 67,873
Purchase of common shares (1,371,462) (1,371,462)
Treasury shares retired and cancelled (46,729,900) (4,673) (1,367,032) 1,371,705 ―
Exercise of stock options and other 2,424,988 243 60,139 11 60,393
Amortization and adjustment of deferred compensation 38,982 38,982
Currency translation adjustment 87,431 87,431
Unrealized gains (losses) on cash flow derivatives 76,132 76,132
Unrealized gains (losses) on investments (60,516) (60,516)
Balances at December 31, 2006 493,982,851 $ 49,399 $ 26,745,687 $ (19,054,365) $ 304,975 $ ― $ (3,355) $ 8,042,341
See Notes to Consolidated Financial Statements