Issuance Costs

[Table of Contents](#i3b067f3fb23d442cae02253229e3471d_7)AKAMAI TECHNOLOGIES, INC.CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY  


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| (in thousands, except share data) | Common Stock |  | Additional Paid-in Capital |  | Treasury Stock |  | Accumulated Other Comprehensive Loss |  | Retained Earnings (AccumulatedDeficit) |  | Total Stockholders' Equity |
| Shares |  | Amount |  |
| Balance at January 1, 2019 | 162,904,550  |  |  | $ | 1,629  |  |  | $ | 3,670,033  |  |  | $ | —  |  |  | $ | (48,912) |  |  | $ | (430,890) |  |  | $ | 3,191,860  |  |
| Cumulative-effect adjustment to accumulated deficit related to adoption of new accounting pronouncement |  |  |  |  |  |  |  |  |  |  | 851  |  |  | 851  |  |
| Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes | 2,251,840  |  |  | 22  |  |  | (72,350) |  |  |  |  |  |  |  |  | (72,328) |  |
| Issuance of common stock under employee stock purchase plan | 879,648  |  |  | 9  |  |  | 53,680  |  |  |  |  |  |  |  |  | 53,689  |  |
| Stock-based compensation |  |  |  |  | 222,857  |  |  |  |  |  |  |  |  | 222,857  |  |
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| Equity component of convertible senior notes, net of deferred tax of $23,170 and issuance costs of $2,880 |  |  |  |  | 240,820  |  |  |  |  |  |  |  |  | 240,820  |  |
| Issuance of warrants related to convertible senior notes |  |  |  |  | 185,150  |  |  |  |  |  |  |  |  | 185,150  |  |
| Purchase of note hedge related to convertible senior notes |  |  |  |  | (312,225) |  |  |  |  |  |  |  |  | (312,225) |  |
| Repurchases of common stock | (4,035,195) |  |  |  |  |  |  | (334,519) |  |  |  |  |  |  | (334,519) |  |
| Treasury stock retirement |  |  | (40) |  |  | (334,479) |  |  | 334,519  |  |  |  |  |  |  | —  |  |
| Net income |  |  |  |  |  |  |  |  |  |  | 478,035  |  |  | 478,035  |  |
| Foreign currency translation adjustment |  |  |  |  |  |  |  |  | (1,020) |  |  |  |  | (1,020) |  |
| Change in unrealized gain on investments, net of tax |  |  |  |  |  |  |  |  | 4,788  |  |  |  |  | 4,788  |  |
| Balance at December 31, 2019 | 162,000,843  |  |  | $ | 1,620  |  |  | $ | 3,653,486  |  |  | $ | —  |  |  | $ | (45,144) |  |  | $ | 47,996  |  |  | $ | 3,657,958  |  |

  
  
  
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