PFSWEB, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY AND
COMPREHENSIVE LOSS
(In thousands, except share data)
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Accumulated |
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Additional |
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Other |
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Total |
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Common Stock |
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Paid-In |
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Accumulated |
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Comprehensive |
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Treasury Stock |
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Shareholders’ |
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Comprehensive |
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Shares |
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Amount |
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Capital |
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Deficit |
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Income (Loss) |
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Shares |
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Amount |
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Equity |
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Loss |
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| Balance, December 31, 2009 |
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9,952,164 |
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$ |
10 |
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$ |
93,152 |
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$ |
(65,963 |
) |
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$ |
2,239 |
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18,361 |
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$ |
(85 |
) |
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$ |
29,353 |
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| Net loss |
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— |
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— |
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— |
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(7,369 |
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— |
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— |
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— |
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(7,369 |
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$ |
(7,369 |
) |
| Stock-based compensation
expense |
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— |
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— |
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809 |
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— |
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— |
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— |
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— |
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809 |
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| Employee stock purchase plan |
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2,900 |
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— |
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4 |
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— |
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— |
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— |
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— |
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4 |
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| Issuance of common stock |
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2,300,000 |
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2 |
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7,264 |
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— |
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— |
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— |
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— |
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7,266 |
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| Other comprehensive income— foreign currency translation adjustment |
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— |
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— |
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— |
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— |
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(713 |
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— |
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— |
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(713 |
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(713 |
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| Comprehensive loss |
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$ |
(8,082 |
) |
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| Balance, December 31, 2010 |
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12,255,064 |
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$ |
12 |
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$ |
101,229 |
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$ |
(73,332 |
) |
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$ |
1,526 |
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18,361 |
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$ |
(85 |
) |
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$ |
29,350 |
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| Net loss |
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— |
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— |
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— |
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(4,566 |
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— |
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— |
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— |
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(4,566 |
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$ |
(4,566 |
) |
| Stock-based compensation
expense |
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— |
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— |
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1,402 |
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— |
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— |
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— |
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— |
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1,402 |
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| Issuance of common stock |
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527,843 |
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1 |
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2,014 |
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— |
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— |
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— |
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— |
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2,015 |
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| Other comprehensive loss— foreign currency translation adjustment |
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— |
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— |
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— |
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— |
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(127 |
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— |
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— |
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(127 |
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(127 |
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| Comprehensive loss |
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$ |
(4,693 |
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| Balance, December 31, 2011 |
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12,782,907 |
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$ |
13 |
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$ |
104,645 |
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$ |
(77,898 |
) |
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$ |
1,399 |
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18,361 |
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$ |
(85 |
) |
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$ |
28,074 |
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The accompanying notes are an integral part of these consolidated financial statements.
42
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