American Eagle Outfitters 2004 Annual Report Download - page 22

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8
Part II
PART II
ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
Our stock is traded on the Nasdaq National Market under the symbol "AEOS". The following table sets forth the range
of high and low sales prices of the common stock as reported on the Nasdaq National Market during the periods
indicated. As of April 1, 2005, there were 715 stockholders of record. However, when including associates who own
shares through the Company's 401(k) retirement plan and employee stock purchase plan, and others holding shares in
broker accounts under street name, the Company estimates the shareholder base at approximately 60,000. The following
information reflects the March 2005 two-for-one stock split.
For the Quarters Ended Market Price
High Low
January 2005 $25.24 $20.08
October 2004 $20.77 $15.27
July 2004 $16.39 $12.83
April 2004 $14.26 $9.55
January 2004 $9.41 $7.44
October 2003 $11.08 $7.40
July 2003 $11.21 $7.30
April 2003 $8.73 $6.76
During the third quarter of Fiscal 2004, our Board of Directors (the “Board”) authorized the Company's first-ever
quarterly cash dividend of three cents per share, which was paid on October 8, 2004. A second quarterly dividend of
three cents per share was paid on January 7, 2005. During the first quarter of Fiscal 2005, the Board voted to raise
the Company’s cash dividend to an annual rate of twenty cents per share. A quarterly dividend of five cents per share
was paid on April 8, 2005. The payment of future dividends is at the discretion of our Board and is based on future
earnings, cash flow, financial condition, capital requirements, changes in U.S. taxation and other relevant factors. It
is anticipated that any future dividends paid will be declared on a quarterly basis.
The Company did not repurchase any shares of its Common Stock during Fiscal 2004.
ITEM 6. SELECTED CONSOLIDATED FINANCIAL DATA.
The following Selected Consolidated Financial Data should be read in conjunction with "Management's Discussion
and Analysis of Financial Condition and Results of Operations," included under Item 7 below and the Consolidated
Financial Statements and notes thereto, included in Item 8 below. Most of the selected data presented below is
derived from the Company's Consolidated Financial Statements, which are filed in response to Item 8 below. The
selected consolidated income statement data for the years ended February 2, 2002 and February 3, 2001 and the
selected consolidated balance sheet data as of February 1, 2003, February 2, 2002 and February 3, 2001 are derived
from audited consolidated financial statements not included herein.
The five-year selected consolidated financial data presented below has been revised to reflect the Company’s
restatement related to lease accounting and the two-for-one stock split distributed on March 7, 2005. See Note 2 and
Note 16 of the accompanying Consolidated Financial Statements for additional information regarding the restatement
and the stock split, respectively.