Company: IRDM
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001628280-25-005302
Chunk: 116

Company: Iridium Communications Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 116
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,143)(58)(53)Unrealized (loss) gain on cash flow hedges, net of tax (see Note 7)(12,493)(17,598)58,668 Comprehensive income (loss)$97,140 $(2,241)$67,337 

 See notes to consolidated financial statements

59

Iridium Communications Inc.

Consolidated Statements of Changes in Stockholders’ Equity

(In thousands)

Additional Paid-In CapitalAccumulatedOther Comprehensive Income (Loss)Retained Earnings (Accumulated Deficit)Total Stockholders’ Equity Common Stock SharesAmountBalance at December 31, 2021131,342 $131 $1,154,058 $(7,052)$140,810 $1,287,947 Stock-based compensation— — 48,367 — — 48,367 Stock options exercised and awards vested1,484 2 3,870 — — 3,872 Stock withheld to cover employee taxes(130)— (5,293)— — (5,293)Repurchases and retirements of common stock(6,794)(7)(59,776)— (197,276)(257,059)Net income— — — — 8,722 8,722 Dividends declared— — (16,616)— — (16,616)Cumulative translation adjustments— — — (53)— (53)Unrealized gain on cash flow hedges, net of tax— — — 58,668 — 58,668 Balance at December 31, 2022125,902 126 1,124,610 51,563 (47,744)1,128,555 Stock-based compensation— — 64,139 — — 64,139 Stock options exercised and awards vested1,788 2 3,956 — — 3,958 Stock withheld to cover employee taxes(162)— (9,680)— — (9,680)Repurchases and retirements of common stock(4,752)(5)(43,946)— (203,068)(247,019)Net income— — — — 15,415 15,415 Dividends declared— — (49,613)— — (