Black & Decker 2011 Annual Report Download - page 27

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15
ITEM 2. PROPERTIES
As of December 31, 2011, the Company and its subsidiaries owned or leased significant facilities used for manufacturing, distribution
and sales offices in 18 states and 18 foreign countries. The Company leases its corporate headquarters in New Britain, Connecticut.
The Company has 91 other facilities that are larger than 100,000 square feet. These facilities are broken out by segment as follows:
Owned
Leased
Total
CDIY………………………………………………………………………………………………………
27 20 47
Security…………………………………………………………………………………………………….
11 12 23
Industrial…………………………………………………………………………………………………...
18 3 21
Total………………………………………………………………………………………………………..
56 35 91
The combined size of these facilities is approximately 25 million square feet. The buildings are in good condition, suitable for their
intended use, adequate to support the Company’s operations, and generally fully utilized.
ITEM 3. LEGAL PROCEEDINGS
In the normal course of business, the Company is involved in various lawsuits and claims, including product liability, environmental
and distributor claims, and administrative proceedings. The Company does not expect that the resolution of these matters will have a
materially adverse effect on the Company’s consolidated financial position, results of operations or liquidity.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
The Company’s common stock is listed and traded on the New York Stock Exchange, Inc. (“NYSE”) under the abbreviated ticker
symbol “SWK”, and is a component of the Standard & Poor’s (“S&P”) 500 Composite Stock Price Index. The Company’s high and
low quarterly stock prices on the NYSE for the years ended December 31, 2011 and January 1, 2011 follow:
2011
2010
High
Low
Dividend
Per
Common
Share
High
Low
Dividend
Per
Common
Share
QUARTER:
First…………………………………………………………......
$ 77.22 $ 65.50 $ 0.41
$ 59.90 $ 51.25 $ 0.33
Second…………………………………………………………..
$ 77.29 $ 66.72 $ 0.41
$ 65.07 $ 49.58 $ 0.33
Third…………………………………………………………….
$ 75.33 $ 47.83 $ 0.41
$ 62.02 $ 49.62 $ 0.34
Fourth…………………………………………………………… $ 68.50 $ 48.25 $ 0.41
$ 67.29 $ 58.71 $ 0.34
Total……………………………………………………………..
$ 1.64
$ 1.34
As of January 31, 2012 there were 11,613 holders of record of the Company’s common stock. Information required by Item 201(d) of
Regulation S-K concerning securities authorized for issuance under equity compensation plans can be found under Item 12 of this
Annual Report on Form 10-K.