Petsmart 2009 Annual Report Download - page 27

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Two different groups of objectors filed notices of appeal with respect to the U.S. District Court’s approval of
the U.S. settlement. Upon expiration of the prescribed appeal process, these cases should be resolved, and we
continue to believe they will not have a material adverse impact on our consolidated financial statements.
There have been no appeals filed in Canada.
We are involved in the defense of various other legal proceedings that we do not believe are material to our
consolidated financial statements.
PART II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
Price Range of Common Stock. Our common stock is traded on the NASDAQ Global Select Market under
the symbol PETM. The following table indicates the intra-day quarterly high and low price per share of our common
stock. These prices represent quotations among dealers without adjustments for retail mark-ups, markdowns or
commissions, and may not represent actual transactions.
High Low
Year Ended January 31, 2010
First Quarter ended May 3, 2009..................................... $24.08 $16.17
Second Quarter ended August 2, 2009................................. $23.70 $19.61
Third Quarter ended November 1, 2009................................ $26.85 $19.50
Fourth Quarter ended January 31, 2010 ................................ $27.50 $23.07
Year Ended February 1, 2009
First Quarter ended May 4, 2008..................................... $24.81 $18.75
Second Quarter ended August 3, 2008................................. $24.94 $18.78
Third Quarter ended November 2, 2008................................ $28.86 $16.73
Fourth Quarter ended February 1, 2009 ................................ $19.89 $13.27
Common Stock Dividends. We believe our ability to generate cash allows us to invest in the growth of the
business and, at the same time, distribute a quarterly dividend. Our credit facility and letter of credit facility permit
us to pay dividends, as long as we are not in default and the payment of dividends would not result in default.
In 2009, the following dividends were declared by the Board of Directors:
Date Declared
Dividend
Amount per
Share
Stockholders of
Record Date Date Paid
March 24, 2009 ..................... $0.03 May 1, 2009 May 15, 2009
June 22, 2009....................... $0.10 July 31, 2009 August 14, 2009
September 30, 2009 .................. $0.10 October 30, 2009 November 13, 2009
December 10, 2009 .................. $0.10 January 29, 2010 February 12, 2010
In 2008, the following dividends were declared by the Board of Directors:
Date Declared
Dividend
Amount per
Share
Stockholders of
Record Date Date Paid
March 25, 2008 ..................... $0.03 May 2, 2008 May 16, 2008
June 18, 2008....................... $0.03 August 1, 2008 August 15, 2008
September 24, 2008 .................. $0.03 October 31, 2008 November 14, 2008
December 17, 2008 .................. $0.03 January 30, 2009 February 13, 2009
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