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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Valeant Pharmaceuticals International, Inc. Shareholders' equity
Common Shares
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interest
Comprehensive Income (Loss)
Balance at Dec. 31, 2008 $ 1,201,599 $ 1,201,599 $ 1,463,873 $ 31,966 $ (319,909) $ 25,669    
Balance (in shares) at Dec. 31, 2008     158,216,000          
Increase (Decrease) in Shareholders' Equity                
Equity component of 5.375% Convertible Notes for the year 2009 and fair value of equity componenet of valeant 4.0% Convertible Notes and call options for the year 2010, respectively 53,995 53,995   53,995        
Common shares issued under share-based compensation plans 866 866 1,131 (265)        
Common shares issued under share-based compensation plans (in shares)     95,000          
Share-based compensation 5,613 5,613   5,613        
Cash dividends declared and dividend equivalents ($1.28 and $0.645 per share for the year ended 2010 and 2009, respectively) (102,061) (102,061)   459 (102,520)      
Total before comprehensive income (loss) 1,160,012 1,160,012 1,465,004 91,768 (422,429) 25,669    
Total before comprehensive income (loss) (in shares)     158,311,000          
Comprehensive income (loss):                
Net income (loss) 176,455 176,455     176,455     176,455
Other comprehensive income (loss) 17,905 17,905       17,905   17,905
Total comprehensive income (loss) 194,360 194,360           194,360
Balance at Dec. 31, 2009 1,354,372 1,354,372 1,465,004 91,768 (245,974) 43,574    
Balance (in shares) at Dec. 31, 2009     158,311,000          
Increase (Decrease) in Shareholders' Equity                
Acquisition of Valeant, equity issued 3,880,301 3,880,301 3,710,888 169,413        
Acquisition of Valeant, equity issued (in shares)     139,267,000          
Equity component of 5.375% Convertible Notes for the year 2009 and fair value of equity componenet of valeant 4.0% Convertible Notes and call options for the year 2010, respectively 253,971 253,971   253,971        
Equity settlement and reclassification of call options (32,694) (32,694) 3,602 (38,224) 1,928      
Equity settlement and reclassification of call options (in shares)     145,000          
Repurchase of equity component of 5.375% Convertible Notes (131,723) (131,723)   (20,444) (111,279)      
Common shares issued under share-based compensation plans 58,425 58,425 110,513 (52,088)        
Common shares issued under share-based compensation plans (in shares)     6,959,000          
Employee withholding taxes related to share-based awards (14,485) (14,485)   (14,485)        
Repurchase of common shares (60,130) (60,130) (40,442)   (19,688)      
Repurchase of common shares (in shares)     (2,305,000)          
Share-based compensation 98,033 98,033   98,033        
Cash dividends declared and dividend equivalents ($1.28 and $0.645 per share for the year ended 2010 and 2009, respectively) (342,043) (342,043)   7,097 (349,140)      
Cash dividends reinvested through dividend reinvestment plan     2,165   (2,165)      
Cash dividends reinvested through dividend reinvestment plan (in shares)     72,000          
Total before comprehensive income (loss) 5,064,027 5,064,027 5,251,730 495,041 (726,318) 43,574    
Total before comprehensive income (loss) (in shares)     302,449,000          
Comprehensive income (loss):                
Net income (loss) (208,193) (208,193)     (208,193)     (208,193)
Other comprehensive income (loss) 55,262 55,262       55,262   55,262
Total comprehensive income (loss) (152,931) (152,931)           (152,931)
Balance at Dec. 31, 2010 4,911,096 4,911,096 5,251,730 495,041 (934,511) 98,836    
Balance (in shares) at Dec. 31, 2010 302,448,934   302,449,000          
Increase (Decrease) in Shareholders' Equity                
Settlement of 4% Convertible Notes 225,983 225,983 892,000 (225,971) (440,046)      
Settlement of 4% Convertible Notes (in shares)     17,783,000          
Equity settlement and reclassification of call options (66,863) (66,863) (36,343) 11,072 (41,592)      
Equity settlement and reclassification of call options (in shares)     (2,999,000)          
Repurchase of equity component of 5.375% Convertible Notes (414,003) (414,003)   (33,169) (380,834)      
Common shares issued under share-based compensation plans 41,717 41,717 121,099 (79,382)        
Common shares issued under share-based compensation plans (in shares)     4,338,000          
Employee withholding taxes related to share-based awards (37,702) (37,702)   (19,211) (18,491)      
Repurchase of common shares (639,242) (639,242) (264,865)   (374,377)      
Repurchase of common shares (in shares)     (15,200,000)          
Share-based compensation 94,023 94,023   94,023        
Tax benefits from stock options exercised 26,414 26,414   26,414        
Reclassification of deferred share units 9,271 9,271   9,271        
Noncontrolling interest from business combinations 58,555           58,555  
Acquisition of noncontrolling interest (58,320) (1,971)   (1,971)     (56,349)  
Total before comprehensive income (loss) 4,150,929 4,148,723 5,963,621 276,117 (2,189,851) 98,836 2,206  
Total before comprehensive income (loss) (in shares)     306,371,000          
Comprehensive income (loss):                
Net income (loss) 159,559 159,559     159,559     159,559
Other comprehensive income (loss) (303,472) (301,266)       (301,266) (2,206) (303,472)
Total comprehensive income (loss) (143,913) (141,707)         (2,206) (143,913)
Balance at Dec. 31, 2011 $ 4,007,016 $ 4,007,016 $ 5,963,621 $ 276,117 $ (2,030,292) $ (202,430)    
Balance (in shares) at Dec. 31, 2011 306,371,032   306,371,000