Yahoo 2010 Annual Report Download - page 65

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Yahoo! Inc.
Consolidated Statements of Stockholders’ Equity
Years Ended December 31,
2008 2009 2010
(In thousands)
Common stock
Balance, beginning of year ............................. $ 1,527 $ 1,595 $ 1,410
Common stock issued (retired), net ...................... 68 (185) (104)
Balance, end of year .................................. 1,595 1,410 1,306
Additional paid-in capital
Balance, beginning of year ............................. 10,032,252 11,643,635 10,640,367
Common stock and stock-based awards issued ............. 363,322 112,654 167,368
Stock-based compensation expense ...................... 434,639 463,469 235,558
Tax benefits from stock-based awards .................... 117,716 6,860 43,119
Tax withholdings related to net share settlements of restricted
stock units ........................................ (49,276) (68,344) (48,600)
Debt conversions ..................................... 749,516 — —
Retirement of treasury stock ............................ — (1,516,895) (977,970)
Other .............................................. (4,534) (1,012) 50,071
Balance, end of year .................................. 11,643,635 10,640,367 10,109,913
Treasury stock
Balance, beginning of year ............................. (5,160,772) (5,267,484) (117,331)
Repurchases of common stock .......................... (79,236) (113,444) (1,749,311)
Tax withholdings related to net share settlements of restricted
stock awards ...................................... (27,476) (4,780) (100)
Retirement of treasury stock ............................ — 5,268,377 1,866,742
Balance, end of year .................................. (5,267,484) (117,331) —
Retained earnings
Balance, beginning of year ............................. 4,333,999 4,752,920 1,599,638
Net income attributable to Yahoo! Inc. .................... 418,921 597,992 1,231,663
Retirement of treasury stock ............................ — (3,751,274) (888,645)
Balance, end of year .................................. 4,752,920 1,599,638 1,942,656
Accumulated other comprehensive income
Balance, beginning of year ............................. 331,202 120,276 369,236
Net change in unrealized (losses) gains on available-for-sale
securities, net of tax ................................. (20,017) (1,936) 3,813
Foreign currency translation adjustment, net of tax .......... (190,909) 250,896 131,205
Balance, end of year .................................. 120,276 369,236 504,254
Total Yahoo! Inc. stockholders’ equity ........................ $11,250,942 $12,493,320 $12,558,129
The accompanying notes are an integral part of these consolidated financial statements.
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