JetBlue Airlines 2004 Annual Report Download - page 36

Download and view the complete annual report

Please find page 36 of the 2004 JetBlue Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS
Our common stock is traded on the Nasdaq National Market under the symbol JBLU. The
following table below shows the high and low sales prices for our common stock, as adjusted for our
November 2003 three-for-two stock split.
High Low
2003 Quarter Ended
March 31 ...................................................... $ 19.97 $ 15.43
June 30 ....................................................... 28.54 18.16
September 30 ................................................... 41.73 27.55
December 31 ................................................... 47.15 25.44
2004 Quarter Ended
March 31 ...................................................... 29.37 20.29
June 30 ....................................................... 31.00 24.01
September 30 ................................................... 29.37 20.10
December 31 ................................................... 26.32 19.87
As of January 31, 2005, there were approximately 550 holders of record of our common stock.
We have not paid cash dividends on our common stock and have no current intention of doing so,
in order to retain our earnings to finance the expansion of our business. Any future determination to
pay cash dividends will be at the discretion of our Board of Directors, subject to applicable limitations
under Delaware law, and will be dependent upon our results of operations, financial condition and
other factors deemed relevant by our Board of Directors.
For the three months ended December 31, 2004, no shares of common stock were surrendered or
withheld in connection with the payment of the exercise price or withholding taxes in respect to the
exercise of outstanding stock options.
28