Total Reading International, Inc. Stockholders' Equity

12 Months Ended

Dec. 31, 2013

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.

2013 Common Stock Activity

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

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 an intrinsic value of $124,000 for which we did not receive any cash but the employee elected to exchange 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 an 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 a realized value of $136,000 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 a $4.01 and a market price of $6.53.

2011 Common Stock Activity

During 2011, we issued 174,825 of Class A Stock to certain executive employee associated with his prior years’ stock grants.

During 2011, we purchased 172,300 of Class A Stock on the open market for $747,000. 

Accumulated Other Comprehensive Income

		Foreign Currenecy Items		Unrealized Gain and Losses on Available-for-Sale Investments		Accrued Pension Service Costs		Total
Beginning balance	$	64,558	$	9	$	(3,200)	$	61,369
Net current-period other comprehensive income		(19,259)		--		(593)		(19,854)
Ending balance		45,299		9		(3,793)		41,515