Yahoo 2009 Annual Report Download - page 70

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Years Ended December 31,
2007 2008 2009
(In thousands)
Comprehensive income
Net income ............................................ $ 642,005 $ 424,686 $ 605,289
Other comprehensive income (loss):
Unrealized gains (losses) on available-for-sale securities, net
of taxes of $(8,131), $18,736, and $10,276 for 2007, 2008,
and 2009, respectively .............................. 2,999 (21,195) (9,652)
Reclassification adjustment for realized losses (gains)
included in net income, net of taxes of $(1,384), $(785),
and $(10,060) for 2007, 2008, and 2009, respectively ..... 2,075 1,178 7,716
Net change in unrealized gains (losses) on available-for-sale
securities, net of tax ................................ 5,074 (20,017) (1,936)
Foreign currency translation adjustment, net of tax ............. 175,623 (190,909) 250,896
Other comprehensive income (loss) ......................... 180,697 (210,926) 248,960
Comprehensive income ............................... 822,702 213,760 854,249
Less: Comprehensive income attributable to
noncontrolling interests ......................... (2,850) (5,765) (7,297)
Comprehensive income attributable to Yahoo! Inc. ......... $ 819,852 $ 207,995 $ 846,952
Number of Outstanding Shares
(In thousands)
Common stock
Balance, beginning of year ................................ 1,360,247 1,330,828 1,391,560
Common stock and restricted stock issued .................... 36,968 28,609 22,227
Repurchases of common stock ............................. (66,332) (3,388) (7,409)
Debt conversions ........................................ 13 36,563 —
Tax withholdings related to net share settlements of restricted stock
awards .............................................. (68) (1,052) (303)
Balance, end of year ..................................... 1,330,828 1,391,560 1,406,075
The accompanying notes are an integral part of these consolidated financial statements.
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