Black & Decker 2014 Annual Report Download - page 30

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ITEM 2. PROPERTIES
As of January 3, 2015, the Company and its subsidiaries owned or leased significant facilities used for manufacturing,
distribution and sales offices in 20 states and 16 foreign countries. The Company leases its corporate headquarters in New
Britain, Connecticut. The Company has 78 other facilities that are larger than 100,000 square feet. These facilities are broken
out by segment as follows:
Owned Leased Total
CDIY.......................................................................................................... 29 14 43
Industrial .................................................................................................... 21 6 27
Security ...................................................................................................... 5 3 8
Total ........................................................................................................... 55 23 78
The combined size of these facilities is approximately 20 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 January 3, 2015 and December 28, 2013
follow:
2014 2013
High Low
Dividend Per
Common
Share High Low
Dividend Per
Common
Share
QUARTER:
First ............................................................ $ 83.04 $ 75.64 $ 0.50 $ 81.61 $ 73.97 $ 0.49
Second........................................................ $ 89.02 $ 77.58 $ 0.50 $ 81.84 $ 74.36 $ 0.49
Third........................................................... $ 93.46 $ 85.01 $ 0.52 $ 91.50 $ 77.78 $ 0.50
Fourth......................................................... $ 97.36 $ 81.31 $ 0.52 $ 92.36 $ 74.37 $ 0.50
Total ........................................................... $ 2.04 $ 1.98
As of February 4, 2015, there were 10,911 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.
On September 12, 1995, the Company filed a registration statement on Form S-8 (the "Registration Statement") to register
3,000,000 shares of its common stock for issuance under the Stanley Black & Decker Employee Stock Purchase Plan (formerly
The Stanley Works Employee Stock Purchase Plan), as amended (the “Plan”). Subsequently, on April 17, 1996, the Board of
Directors of the Company declared a two-for-one common stock split (the “Stock Split”) effected by the distribution of one
additional share of the Company's common stock (the “Common Stock”) for each share of Common Stock then outstanding. In
connection with the Stock Split, the number of shares authorized for issuance under the Plan increased from 3,000,000 to
6,000,000 in accordance with its terms. The Company may not have effectively registered the additional shares of Common
Stock available for issuance under the Plan as a result of the Stock Split. On October 23, 2014, the Company filed a Post