Henry Schein 2014 Annual Report Download - page 45
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31
ITEM 3. Legal Proceedings
From time to time, we may become a party to legal proceedings, including, without limitation, product liability
claims, employment matters, commercial disputes, governmental inquiries and investigations, and other matters
arising out of the ordinary course of our business. While the results of legal proceedings cannot be predicted with
certainty, in our opinion pending matters are not currently anticipated to have a material adverse effect on our
financial condition or results of operations.
As of December 27, 2014, we had accrued our best estimate of potential losses relating to claims that were
probable to result in liability and for which we were able to reasonably estimate a loss. This accrued amount, as
well as related expenses, was not material to our financial position, results of operations or cash flows. Our method
for determining estimated losses considers currently available facts, presently enacted laws and regulations and
other external factors, including probable recoveries from third parties.
ITEM 4. Mine Safety Disclosures
Not applicable.
PART II
ITEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
Our common stock is traded on the NASDAQ Global Select Market tier of the NASDAQ Stock Market, or
NASDAQ, under the symbol HSIC. On October 2, 2007, our common stock became a component of the
NASDAQ-100 stock market index. The following table sets forth, for the periods indicated, the high and low
reported sales prices of our common stock as reported on NASDAQ for each quarterly period in fiscal 2014 and
2013:
High Low
Fiscal 2014:
1st Quarter ........................................................................................................
.
$ 120.72 $ 109.68
2nd Quarter .......................................................................................................
.
120.99 110.99
3rd Quarter ........................................................................................................
.
121.00 114.54
4th Quarter ........................................................................................................
.
139.15 109.34
Fiscal 2013:
1st Quarter ........................................................................................................
.
$ 92.66 $ 79.57
2nd Quarter .......................................................................................................
.
98.28 88.90
3rd Quarter ........................................................................................................
.
107.75 95.94
4th Quarter ........................................................................................................
.
116.07 102.50
On February 2, 2015, there were approximately 471 holders of record of our common stock and the last
reported sales price was $138.75.