SkyWest Airlines 2012 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2012 SkyWest 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 180

  • 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
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180

PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Price for Our Common Stock
Our common stock is traded on The Nasdaq Global Select Market under the symbol ‘‘SKYW.’’ At
February 8, 2013, there were approximately 910 stockholders of record of our common stock. Securities
held of record do not include shares held in securities position listings. The following table sets forth
the range of high and low closing sales prices for our common stock, during the periods indicated.
2012 2011
Quarter High Low High Low
First .................................... 14.05 10.81 17.08 15.05
Second .................................. 11.04 6.36 16.76 14.39
Third ................................... 10.87 6.31 15.49 10.95
Fourth ................................... 12.94 10.36 13.67 10.51
The transfer agent for our common stock is Zions First National Bank, Salt Lake City, Utah.
Dividends
During 2012 and 2011, our Board of Directors declared regular quarterly dividends of $0.04 per
share.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table contains information regarding our equity compensation plans as of
December 31, 2012.
Number of Securities
Weighted-Average Remaining Available for
Exercise Price of Future Issuance under
Number of Securities to be Outstanding Equity Compensation
Issued upon Exercise of Options, Plans (Excluding
Outstanding Options, Warrants and Securities Reflected in
Plan Category Warrants and Rights Rights the First Column)
Equity compensation plans approved by
security holders(1) ............... 3,653,859 $18.44 4,829,039
(1) Consists of our Executive Stock Incentive Plan, our All Share Stock Option Plan, our SkyWest Inc.
Long Term Incentive Plan, and our Employee Stock Purchase Plan. See Note 9 to our
Consolidated Financial Statements for the fiscal year ended December 31, 2012, included in Item 8
of this Report, for additional information regarding these plans.
Issuer Purchases of Equity Securities
Our Board of Directors has adopted a stock repurchase program which authorizes us to
repurchase shares of our common stock in the public market, from time to time, at prevailing prices.
Our stock repurchase program currently authorizes the repurchase of up to 25,000,000 shares of our
39