XML 67 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Total Reading International, Inc. Stockholders' Equity
 12 Months Ended
Dec. 31, 2014
Total Reading International, Inc. Stockholders' Equity [Abstract]  
Total Reading International, Inc. Stockholders' Equity

Note 21 – Total Reading International, Inc. Stockholders’ Equity

Our common stock trades on the NASDAQ under the symbols RDI and RDIB which are our Class A (non-voting) and Class B (voting) stock, respectively.  Our Class A (non-voting) has preference over our Class B (voting) shares upon liquidation. No dividends have ever been issued for either share class.

2014 Common Stock Activity

During 2014, we issued 125,209 of Class A Stock to an executive employee associated with his prior years’ stock grants. 

During 2014, we purchased 432,252 of Class A Stock on the open market for $4,069,756.

During 2014, 157,600 options were exercised having an intrinsic value of $374,022; for which we received $978,000 of cash.

2013 Common Stock Activity

During 2013, we issued 217,890 of Class A Stock to an executive employee associated with his prior years’ stock grant.

62,500 options were exercised during 2013 having an intrinsic value of $133,000 for which we received $248,000 of cash. Additionally, 75,000 options were exercised during 2013 having a realized value of $124,000 for which we did not receive any cash but the employee elected to exchange for 53,136 personally owned shares of the company at a market price of $5.66 per share for the 75,000 shares based on an exercise price of $4.01 for the related options.

2012 Common Stock Activity

During 2012, we issued 155,925 of Class A Stock to certain executive employee associated with his prior years’ stock grant, and during 2012, we issued 9,680 as a one-time stock grant of Class A Stock to our employees valued at $44,000 which we accounted for as compensation expense.

95,000 options were exercised during 2012 having an intrinsic value of $321,200 for which we received $308,000 of cash. Additionally, 41,000 options were exercised during 2012 having a realized value of $103,000 for which we did not receive any cash but the employee elected to receive the net incremental number of in-the-money shares of 15,822 based on an option price of $4.01 a market price of $6.53 per share.

Accumulated Other Comprehensive Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Currency Items

 

Unrealized Gain and Losses on Available-for-Sale Investments

 

Accrued Pension Service Costs

 

Total

Beginning balance

$
45,299 

$
9 

$
(3,793)

$
41,515 

Net current-period other comprehensive income

 
(14,215)

 
1 

 
738 

 
(13,476)

Ending balance

 
31,084 

 
10 

 
(3,055)

 
28,039