General Dynamics 2013 Annual Report Download - page 19

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France; Kaiserslautern, Germany; Granada, Sevilla and Trubia,
Spain; Kreuzlingen, Switzerland.
Marine Systems – San Diego, California; Groton and New London,
Connecticut; Jacksonville, Florida; Bath and Brunswick, Maine;
North Kingstown, Rhode Island; Chesapeake and Norfolk, Virginia;
Mexicali, Mexico.
Information Systems and Technology – Cullman, Alabama;
Phoenix and Scottsdale, Arizona; San Diego and Santa Clara,
California; Colorado Springs, Colorado; Lynn Haven and Orlando,
Florida; Coralville, Iowa; Lawrence, Kansas; Annapolis Junction and
Towson, Maryland; Needham, Pittsfield and Taunton,
Massachusetts; Ypsilanti, Michigan; Bloomington, Minnesota;
Nashua, New Hampshire; Florham Park, New Jersey; Greensboro
and Newton, North Carolina; Houston and Kilgore, Texas; Sandy,
Utah; Arlington, Chantilly, Chesapeake, Fairfax, Herndon, Richmond
and Springfield, Virginia; Calgary and Ottawa, Canada; Tallinn,
Estonia; Oakdale, St. Leonards and Throckmorton, United Kingdom.
A summary of floor space by business group on December 31,
2013, follows:
(Square feet in millions)
Company-
owned
Facilities
Leased
Facilities
Government-
owned
Facilities Total
Aerospace 6.1 4.6 – 10.7
Combat Systems 8.3 5.2 5.7 19.2
Marine Systems 8.3 2.2 10.5
Information Systems and
Technology 3.2 9.0 0.9 13.1
Total 25.9 21.0 6.6 53.5
ITEM 3. LEGAL PROCEEDINGS
For information relating to legal proceedings, see Note N to the
Consolidated Financial Statements in Item 8.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II
ITEM 5. MARKET FOR THE COMPANY’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is listed on the New York Stock Exchange.
The high and low sales prices of our common stock and the cash
dividends declared on our common stock for each quarter of 2012 and
2013 are included in the Supplementary Data contained in Item 8.
On January 26, 2014, there were approximately 14,000 holders of
record of our common stock.
For information regarding securities authorized for issuance under our
equity compensation plans, see Note O to the Consolidated Financial
Statements contained in Item 8.
We did not make any unregistered sales of equity securities in 2013.
The following table provides information about our fourth quarter
repurchases of equity securities that are registered pursuant to
Section 12 of the Securities Exchange Act of 1934, as amended:
Period
Total
Number of
Shares
Purchased
Average
Price
Paid per
Share
Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Program*
Maximum
Number of
Shares that
May Yet Be
Purchased
Under the
Program*
Pursuant to Share Buyback
Program
9/30/13-10/27/13 244,980 $ 87.67 244,980 11,436,352
10/28/13-11/24/13 – $ 11,436,352
11/25/13-12/31/13 – $ 11,436,352
Total 244,980 $ 87.67
* On October 2, 2013, with 1.4 million shares remaining under a prior authorization, the board of
directors authorized management to repurchase 10 million shares of common stock.
For additional information relating to our repurchases of common
stock during the past three years, as well as the subsequent repurchase
of 11.4 million shares in January 2014, see Financial Condition, Liquidity
and Capital Resources – Financing Activities – Share Repurchases
contained in Item 7.
General Dynamics Annual Report 2013 15