CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
(In thousands of Canadian Dollars)
(Unaudited)
July 31, July 31,
Period Ended 2011 2010
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Net income $2,576 $5,083
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Other comprehensive income, net of tax:
Gains (losses) on derivatives designated as cash
flow hedges 435 (367)
Gains (losses) on derivatives designated as cash
flow hedges in prior periods transferred to
earnings in the current period (514) (506)
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Other comprehensive (loss) (79) (873)
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Comprehensive income $2,497 $4,210
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See accompanying Notes to the Consolidated Condensed Financial Statements
MOSAID TECHNOLOGIES INCORPORATED
CONSOLIDATED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
(In thousands of Canadian Dollars)
(Unaudited)
Accumu-
lated
Other
Contri- Compre-
Common Common buted Retained hensive
Share Shares Surplus earnings Income Total
(Number) ($) ($) ($) ($) ($)
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Balance at May
1, 2010 11,763,626 $126,573 $4,153 $22,588 $1,614 $154,928
Net income - - - 5,083 - 5,083
Dividends - - - (2,943) - (2,943)
Employee and
Director Stock
Option Plan 4,625 90 (21) - - 69
Employee and
Director Stock
Purchase Plan 6,448 31 (22) - - 9
Restricted share
unit plan - - - - - -
Stock-based
compensation - - 486 - - 486
Dividend
reinvestment
plan - - - - - -
Other
comprehensive
income - - - - (873) (873)
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Balance at July
31, 2010 11,774,699 $126,694 $4,596 $24,728 $741 $156,759
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Balance at April
30, 2011 11,900,198 $129,021 $4,526 $35,435 $848 $169,830
Net income - - - 2,576 - 2,576
Dividends - - - (2,976) - (2,976)
Employee and
Director Stock
Option Plan 3,000 89 (36) - - 53
Employee and
Director Stock
Purchase Plan 3,503 132 (46) - - 86
Restricted share
unit plan - - - - - -
Stock-based
compensation - - 560 - - 560
Dividend
reinvestment
plan 11,403 353 - - - 353
Other
comprehensive
income - - - - (79) (79)
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Balance at July
31, 2011 11,918,104 $129,595 $5,004 $35,035 $769 $170,403
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