Quarterly report pursuant to Section 13 or 15(d)

Equity

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Equity
 3 Months Ended
Mar. 31, 2016
Equity

6. Equity

During the first three months of 2016, we issued 11,000 shares of our Class A common stock under our 2009 Long-Term Incentive Plan to our independent directors, in lieu of cash compensation, for services rendered in 2016. We valued the shares issued to our independent directors at estimated fair value based on the closing price of our shares on the date the shares were issued, which by policy is the last trading day of each quarter in which the services were rendered.

During the first three months of 2016, we did not issue any stock in connection with option exercises. The following is a reconciliation from December 31, 2015 to March 31, 2016 of the carrying amount of total equity, equity attributable to Gaiam, Inc., and equity attributable to the noncontrolling interest.

 

                Gaiam, Inc. Shareholders  

(in thousands)

   Total     Comprehensive
Loss		     Accumulated
Deficit		     Accumulated
Other
Comprehensive
Loss		     Class A
and Class B
Common
Stock		     Paid-in
Capital		     Noncontrolling
Interest		  

Balance at December 31, 2015

   $ 88,793        $ (88,035 )    $ (399 )    $ 3      $ 172,371      $ 4,853   

Issuance of Gaiam, Inc. common stock for stock option exercises and share-based compensation

     301          —          —          —          301        —     

Dividends paid to noncontrolling interest

     (1,944 )        —          —          —          —          (1,944 ) 

Comprehensive loss:

              

Net (loss) income

     (7,685 )      (7,685 )      (7,624 )      —          —          —          (61 ) 

Foreign currency translation adjustment, net of taxes of $32

     75        75        —          126        —          —          (51 ) 
   

 

 

            

Comprehensive loss

     $ (7,610 )           
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at March 31, 2016

   $ 79,540        $ (95,659 )    $ (273 )    $ 3      $ 172,672      $ 2,797