Yahoo 2011 Annual Report Download - page 70

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Yahoo! Inc.
Consolidated Statements of Stockholders’ Equity
Years Ended December 31,
2009 2010 2011
(In thousands)
Common stock
Balance, beginning of year ............................. $ 1,595 $ 1,410 $ 1,306
Common stock issued (retired), net ...................... (185) (104) (64)
Balance, end of year .................................. 1,410 1,306 1,242
Additional paid-in capital
Balance, beginning of year ............................. 11,643,635 10,640,367 10,109,913
Common stock and stock-based awards issued ............. 112,654 167,368 156,211
Stock-based compensation expense ...................... 463,469 235,558 226,270
Tax benefits from stock-based awards .................... 6,860 43,119 33,497
Tax withholdings related to net share settlements of restricted
stock units ........................................ (68,344) (48,600) (44,593)
Retirement of treasury stock ............................ (1,516,895) (977,970) (643,401)
Other .............................................. (1,012) 50,071 (11,998)
Balance, end of year .................................. 10,640,367 10,109,913 9,825,899
Treasury stock
Balance, beginning of year ............................. (5,267,484) (117,331) —
Repurchases of common stock .......................... (113,444) (1,749,311) (1,618,741)
Tax withholdings related to net share settlements of restricted
stock awards ...................................... (4,780) (100) (168)
Retirement of treasury stock ............................ 5,268,377 1,866,742 1,202,672
Balance, end of year .................................. (117,331) — (416,237)
Retained earnings
Balance, beginning of year ............................. 4,752,920 1,599,638 1,942,656
Net income attributable to Yahoo! Inc. .................... 597,992 1,231,663 1,048,827
Retirement of treasury stock ............................ (3,751,274) (888,645) (559,189)
Balance, end of year .................................. 1,599,638 1,942,656 2,432,294
Accumulated other comprehensive income
Balance, beginning of year ............................. 120,276 369,236 504,254
Net change in unrealized (losses) gains on available-for-sale
securities, net of tax ................................. (1,936) 3,813 (16,272)
Foreign currency translation adjustment, net of tax .......... 250,896 131,205 209,887
Balance, end of year .................................. 369,236 504,254 697,869
Total Yahoo! Inc. stockholders’ equity ........................ $12,493,320 $12,558,129 $12,541,067
The accompanying notes are an integral part of these consolidated financial statements.
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