Saks Fifth Avenue 2010 Annual Report Download - page 18

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Description
Starting
Basis
1/28/06 2/3/07 2/2/08 1/31/09 1/30/10 1/29/11
Saks Incorporated ........................... $100.00 $158.04 $149.10 $20.49 $52.35 $ 92.27
S&P Midcap 400 ............................ $100.00 $110.06 $108.83 $67.03 $96.09 $127.27
S&P 500 Department Stores ................... $100.00 $143.82 $ 91.83 $43.38 $72.51 $ 83.17
Retail Peer Group ........................... $100.00 $135.76 $ 88.68 $29.53 $59.86 $ 83.21
This “Performance Graph” section shall not be deemed to be “soliciting material” or to be “filed” with the
SEC or subject to Regulation 14A or 14C or to the liabilities of Section 18 of the Securities Exchange Act of
1934, as amended (the “Exchange Act”).
Dividends
During the fiscal years ended January 29, 2011 and January 30, 2010, the Company did not declare any
dividends. Future dividends, if any, will be determined by the Company’s Board of Directors in light of
circumstances then existing, including earnings, financial requirements, and general business conditions. The
Company does not anticipate declaring dividends in the foreseeable future.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The Company has a share repurchase program that authorizes it to purchase shares of the Company’s
common stock. The Company did not repurchase any shares of common stock during 2010. The Company has
remaining availability of approximately 32.7 million shares under its 70 million authorized share repurchase
program.
Securities Authorized for Issuance under Equity Compensation Plans
The following table provides equity compensation plan information for all plans approved and not approved
by the Company’s shareholders, as of January 29, 2011:
(In thousands, except per share amounts)
Plan Category (1)
Number of securities
to be issued upon
exercise of outstanding
options, warrants and
rights (#) (a)
Weighted-average
exercise price of
outstanding options,
warrants and
rights ($) (b)
Number of securities
remaining available
for future issuance under
equity compensation
plans (excluding securities
in column (a)) (2) (c)
Equity compensation plans approved by
security holders ....................... 1,830 $16.34 3,731
Equity compensation plans not approved by
security holders (3) .................... 51 $ 6.34 —
Total ............................. 1,881 $16.06 3,731
(1) In connection with the acquisition of its former Parisian business, the Company assumed then-outstanding
stock options previously granted to employees and directors of the acquired corporation. No additional
grants or awards may be made under the plan pursuant to which these stock options were granted. As of
January 29, 2011, the total number of shares of common stock to be issued upon exercise of these stock
options was 25 and the weighted-average exercise price of these stock options was $6.54. These stock
options are not included in the table.
(2) This amount represents shares of common stock available for issuance under the 2009 Long-term Incentive
Plan. Awards available for grant under the 2009 Long-term Incentive Plan include stock options, stock
appreciation rights, restricted stock, performance share awards and other forms of equity awards.
17