2010 10-K: Part II Morningstar, Inc. and Subsidiaries  Consolidated Statements of Equity and Comprehensive Income (Loss) Morningstar, Inc. Shareholders’ Equity Common  Common  Accumulated  Stock  Stock  Additional  Other  Non  Shares   Par  Treasury  Paid-In  Retained Comprehensive  Controlling  Total (in thousands except share amounts)  Outstanding  Value  Stock  Capital  Earnings  Income (Loss)  Interests  Equity Balance as of December 31, 2007 —   44,843,166  $ 4  $ (3,280)  $ 332,164  $ 71,757  $  7,658  $ —  $ 408,303 as reported Cumulative effect of prior year adjustments  —   —  —  (1,946)  (3,942)  —  —  (5,888) Balance as of December 31, 2007 —   44,843,166  4   (3,280)   330,218  67,815  7,658  —  402,415 as adjusted Comprehensive income (loss):  Net income   —  —  —  89,629  —   397  90,026 Unrealized gains on available-for-sale investments, net of income tax of $252   —  —  —  —  429  —  429 Foreign currency translation adjustment, net  —  —  —  —   (23,972)  —  (23,972) Total comprehensive income (loss)   —  —  —  89,629   (23,543)   397  66,483 Issuance of common stock related to  2,439,792   —  —  23,428  —  —  —  23,428  stock-option exercises and vesting of restricted stock units, net Stock-based compensation   —  —  11,281  —  —  —  11,281 Excess tax benefit derived from stock-  option exercises and vesting of restricted stock units   —  —  26,638  —  —  —  26,638 Balance as of December 31, 2008  47,282,958  4   (3,280)   391,565   157,444   (15,885)   397   530,245 Comprehensive income (loss):  Net income   —  —  —  82,129  —   (132)  81,997 Unrealized loss on available-for-sale investments, net of income tax of $66   —  —  —  —  (111)  —  (111) Foreign currency translation adjustment, net  —  —  —  —  16,029  (29)  16,000 Total comprehensive income (loss)   —  —  —  82,129  15,918   (161)  97,886 Issuance of common stock related to  1,485,583  1  150  16,288  —  —  —  16,439  stock-option exercises and vesting of restricted stock units, net Stock-based compensation   —  —  11,593  —  —  —  11,593 Excess tax benefit derived from stock-  option exercises and vesting of restricted stock units   —  —  8,693  —  —  —  8,693 Non-controlling interest in Morningstar Korea   —  —  —  —  —   933  933 102