PLAINS EXPLORATION & PRODUCTION COMPANY
CONSOLIDATED STATEMENTS OF EQUITY
(share and dollar amounts in thousands)
Additional
Paid-in
Capital
Retained
Earnings
(Deficit)
Accumulated
Other
Comprehensive
Income
(Loss)
Total
Stockholders’
Equity
Noncontrolling
Interest
in the
Form of
Preferred Stock
of Subsidiary
Total
Equity
Common Stock
Treasury Stock
Shares Amount
Shares Amount
Balance at
December 31,
2008
. . . . . . . . . . 112,874 $1,129 $2,739,625 $ (85,101) $(684)
(5,283) $ (277,689) $2,377,280
$ 2,377,280
Net income . . . . . . .
-
-
- 136,305
-
-
-
136,305
136,305
Issuance of
common stock . . 31,050 310 647,695
-
-
-
-
648,005
648,005
Restricted stock
awards . . . . . . . .
-
-
36,630
-
-
-
-
36,630
36,630
Issuance of
treasury stock for
restricted stock
awards . . . . . . . .
-
-
(42,416)
-
-
764 42,416
-
-
Other
comprehensive
income . . . . . . . .
-
-
-
-
684
-
-
684
684
Exercise of stock
options and
other . . . . . . . . . .
-
-
32
-
-
7
45
77
77
Balance at
December 31,
2009
. . . . . . . . . . 143,924 1,439 3,381,566 51,204
-
(4,512) (235,228) 3,198,981
3,198,981
Net income . . . . . . .
-
-
- 103,265
-
-
-
103,265
103,265
Restricted stock
awards . . . . . . . .
-
-
80,515
-
-
-
-
80,515
80,515
Issuance of
treasury stock for
restricted stock
awards . . . . . . . .
-
-
(34,209)
(4,954)
-
728 39,163
-
-
Exercise of stock
options and
other . . . . . . . . . .
-
-
(3)
(895)
-
20
1,102
204
204
Balance at
December 31,
2010
. . . . . . . . . . 143,924 1,439 3,427,869 148,620
-
(3,764) (194,963) 3,382,965
3,382,965
Net income . . . . . . .
-
-
- 205,279
-
-
-
205,279
$ 1,400
206,679
Restricted stock
awards . . . . . . . .
-
-
38,092
-
-
-
-
38,092
38,092
Treasury stock
purchases . . . . . .
-
-
-
-
-
(10,415) (361,729)
(361,729)
(361,729)
Issuance of
treasury stock for
restricted stock
awards . . . . . . . .
-
-
(31,033)
(15,857)
-
876 46,890
-
-
Issuance of
noncontrolling
interest in the
form of preferred
stock
of subsidiary . . . .
-
-
-
-
-
-
-
-
430,246
430,246
Distributions to
holders of
noncontrolling
interest in the
form of preferred
stock of
subsidiary . . . . . .
-
-
-
-
-
-
-
-
(1,050)
(1,050)
Exercise of stock
options and
other . . . . . . . . . .
-
-
-
(51)
-
1
80
29
-
29
Balance at
December 31,
2011
. . . . . . . . . . 143,924 $1,439 $3,434,928 $ 337,991
$ -
(13,302) $(509,722) $3,264,636
$430,596 $3,695,232
See notes to consolidated financial statements
F-7