Yahoo 2012 Annual Report Download - page 82

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Yahoo! Inc.
Consolidated Statements of Stockholders’ Equity
Years Ended December 31,
2010 2011 2012
(In thousands)
Common stock
Balance, beginning of year ............................. $ 1,410 $ 1,306 $ 1,242
Common stock issued (retired), net ...................... (104) (64) (55)
Balance, end of year .................................. 1,306 1,242 1,187
Additional paid-in capital
Balance, beginning of year ............................. 10,640,367 10,109,913 9,825,899
Common stock and stock-based awards issued ............. 167,368 156,211 218,349
Stock-based compensation expense ...................... 235,558 226,270 244,653
Tax benefits (detriments) from stock-based awards .......... 43,119 33,497 (31,440)
Tax withholdings related to net share settlements of restricted
stock units ........................................ (48,600) (44,593) (60,939)
Retirement of treasury stock ............................ (977,970) (643,401) (630,639)
Other .............................................. 50,071 (11,998) (2,535)
Balance, end of year .................................. 10,109,913 9,825,899 9,563,348
Treasury stock
Balance, beginning of year ............................. (117,331) — (416,237)
Repurchases of common stock .......................... (1,749,311) (1,618,741) (2,167,841)
Tax withholdings related to net share settlements of restricted
stock awards ...................................... (100) (168) —
Retirement of treasury stock ............................ 1,866,742 1,202,672 1,216,035
Balance, end of year .................................. — (416,237) (1,368,043)
Retained earnings
Balance, beginning of year ............................. 1,599,638 1,942,656 2,432,294
Net income attributable to Yahoo! Inc. .................... 1,231,663 1,048,827 3,945,479
Retirement of treasury stock ............................ (888,645) (559,189) (585,314)
Balance, end of year .................................. 1,942,656 2,432,294 5,792,459
Accumulated other comprehensive income
Balance, beginning of year ............................. 369,236 504,254 697,869
Net change in unrealized gains (losses) on available-for-sale
securities, net of tax ................................. 3,813 (16,272) 16,659
Foreign currency translation adjustment, net of tax .......... 131,205 209,887 (143,279)
Balance, end of year .................................. 504,254 697,869 571,249
Total Yahoo! Inc. stockholders’ equity ........................ $12,558,129 $12,541,067 $14,560,200
Number of Outstanding Shares
(In thousands)
Common stock
Balance, beginning of year ............................. 1,406,075 1,308,836 1,217,481
Common stock and restricted stock issued ................. 21,946 18,371 23,773
Repurchases of common stock .......................... (119,179) (109,716) (126,021)
Tax withholdings related to net share settlements of restricted
stock awards ...................................... (6) (10) —
Balance, end of year .................................. 1,308,836 1,217,481 1,115,233
The accompanying notes are an integral part of these consolidated financial statements.
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