Yahoo 2013 Annual Report Download - page 80

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Yahoo! Inc.
Consolidated Statements of Stockholders’ Equity
Years Ended December 31,
2011 2012 2013
(in thousands)
Common stock
Balance, beginning of year ............................. $ 1,306 $ 1,242 $ 1,187
Common stock issued ................................. 18 24 26
Common stock retired ................................. (82) (79) (198)
Balance, end of year .................................. 1,242 1,187 1,015
Additional paid-in capital
Balance, beginning of year ............................. 10,109,913 9,825,899 9,563,348
Common stock and stock-based awards issued ............. 156,211 218,349 353,241
Stock-based compensation expense ...................... 226,270 244,653 294,408
Tax benefits (detriments) from stock-based awards .......... 33,497 (31,440) 49,061
Tax withholdings related to net share settlements of restricted
stock awards ...................................... (44,593) (60,939) (139,815)
Retirement of treasury stock ............................ (643,401) (630,639) (1,620,704)
Equity component of convertible senior notes, net ........... — — 268,084
Purchase of note hedges ............................... — — (205,706)
Issuance of warrants .................................. — — 124,775
Other .............................................. (11,998) (2,535) 1,612
Balance, end of year .................................. 9,825,899 9,563,348 8,688,304
Treasury stock
Balance, beginning of year ............................. — (416,237) (1,368,043)
Repurchases of common stock .......................... (1,618,741) (2,167,841) (3,344,396)
Tax withholdings related to net share settlements of restricted
stock awards ...................................... (168) — —
Retirement of treasury stock ............................ 1,202,672 1,216,035 4,512,211
Balance, end of year .................................. (416,237) (1,368,043) (200,228)
Retained earnings
Balance, beginning of year ............................. 1,942,656 2,432,294 5,792,459
Net income attributable to Yahoo! Inc. .................... 1,048,827 3,945,479 1,366,281
Retirement of treasury stock ............................ (559,189) (585,314) (2,891,311)
Balance, end of year .................................. 2,432,294 5,792,459 4,267,429
Accumulated other comprehensive income
Balance, beginning of year ............................. 504,254 697,869 571,249
Net change in unrealized gains (losses) on available-for-sale
securities, net of tax ................................. (16,272) 16,659 5,980
Net change in unrealized gains on cash flow hedges, net of
tax .............................................. — — 1,412
Foreign currency translation adjustments, net of tax ......... 209,887 (143,279) (260,252)
Balance, end of year .................................. 697,869 571,249 318,389
Total Yahoo! Inc. stockholders’ equity ........................ $12,541,067 $14,560,200 $13,074,909
The accompanying notes are an integral part of these consolidated financial statements.
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