Yahoo 2003 Annual Report Download - page 56

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Consolidated Statements of Stockholders’ Equity YAHOO! INC.
(in thousands)
Years Ended December 31,
2001 2002 2003
Common Stock
Balance, beginning of year $ 562 $ 581 $ 611
Common stock issued 19 30 67
Balance, end of year 581 611 678
Additional paid-in capital
Balance, beginning of year 1,830,526 2,067,410 2,430,222
Common stock issued 225,181 303,689 1,792,025
Stock compensation expense 9,096 8,402 22,029
Tax benefits from stock options 1,159 54,648 120,358
Deferred stock-based compensation (2,491) (3,927) (72,311)
Other 3,939 — (3,507)
Balance, end of year 2,067,410 2,430,222 4,288,816
Treasury stock
Balance, beginning of year — (59,988) (159,988)
Repurchase of common stock (59,988) (100,000) —
Balance, end of year (59,988) (159,988) (159,988)
Retained earnings (accumulated deficit)
Balance, beginning of year 42,480 (50,308) (7,493)
Net income (loss) (92,788) 42,815 237,879
Balance, end of year (50,308) (7,493) 230,386
Accumulated other comprehensive income (loss)
Balance, beginning of year 23,346 9,322 (1,082)
Net unrealized losses on securities (10,622) (8,636) (6,705)
Foreign currency translation adjustment (3,402) (1,768) 11,385
Balance, end of year 9,322 (1,082) 3,598
Total stockholders’ equity $ 1,967,017 $ 2,262,270 $ 4,363,490
Other comprehensive income (loss)
Net income (loss) $ (92,788) $ 42,815 $ 237,879
Other comprehensive income (loss):
Net unrealized losses on securities (10,622) (8,636) (6,705)
Foreign currency translation adjustment (3,402) (1,768) 11,385
Comprehensive income (loss) $ (106,812) $ 32,411 $ 242,559
Number of Shares
Common Stock
Balance, beginning of year 561,651 575,520 594,860
Common stock issued 19,253 30,414 65,844
Repurchase of common stock (5,384) (11,074) —
Balance, end of year 575,520 594,860 660,704
The accompanying notes are an integral part of these consolidated financial statements.
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