Sonic 2014 Annual Report Download - page 52

Corporate Information
Corporate Offices
300 Johnny Bench Drive
Oklahoma City, Oklahoma 73104
405-225-5000
Web Address
www.sonicdrivein.com
Stock Transfer Agent
Computershare
211 Quality Circle, Suite 210
College Station, Texas 77845, United States
1-800-884-4225
[email protected]
www.computershare.com/investor
Independent Registered Public Accounting Firm
KPMG LLP
Oklahoma City, Oklahoma
Annual Meeting
Our 2015 Annual Meeting of Shareholders will be held at 1:30 p.m.
Central Standard Time on January 29, 2015, at our corporate offices,
300 Johnny Bench Drive, Oklahoma City, Oklahoma.
Annual Report on Form 10-K
A copy of our annual report on Form 10-K for the year ended
August 31, 2014, as filed with the Securities and Exchange
Commission (“SEC”), may be obtained without charge upon
written request to Stephen C. Vaughan, Executive Vice President
and Chief Financial Officer, at our corporate offices. In addition,
we make available free of charge through our website at
www.sonicdrivein.com annual reports on Form 10-K, quarterly
reports on Form 10-Q, current reports on Form 8-K, and all
amendments to those reports filed with or furnished to the SEC.
The reports are available as soon as reasonably practical after
we electronically file such material with the SEC, and may be
found on our website under “About/Corporate/Investors/Financial
Information/SEC Filings.”
Forward-Looking Statements
This annual report contains forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements reflect management’s expectations regarding future
events and operating performance and speak only as of the date
thereof. These forward-looking statements involve a number of
risks and uncertainties. Factors that could cause actual results
to differ materially from those expressed in, or underlying, these
forward-looking statements are detailed in the Company’s annual
and quarterly report filings with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly
release revisions to these forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unforeseen events, except as required to be
reported under the rules and regulations of the Securities and
Exchange Commission.
Stock Market Information
Our common stock trades on the NASDAQ Global Select
Market under the symbol SONC. At December 1, 2014, we had
approximately 18,000 shareholders, including beneficial owners
holding shares in nominee or “street” name.
The table below sets forth our high and low sales prices for the
Company’s common stock during each fiscal quarter within the
two most recent fiscal years.
Fiscal Year Ended August 31, 2014 High Low
First Quarter $ 20.28 $ 15.64
Second Quarter $ 21.48 $ 16.92
Third Quarter $ 23.56 $ 18.61
Fourth Quarter $ 23.74 $ 20.25
Fiscal Year Ended August 31, 2013 High Low
First Quarter $ 10.83 $ 9.06
Second Quarter $ 11.60 $ 9.62
Third Quarter $ 13.59 $ 11.08
Fourth Quarter $ 16.99 $ 13.16
During the fourth quarter of 2014, the Company initiated a cash
dividend program. The first quarterly dividend under this program,
of $0.09 per common share, was paid during the first quarter of
fiscal year 2015 on November 21, 2014, to shareholders of record
as of November 12, 2014. Future payments of dividends will be
considered by the Company’s Board of Directors after reviewing,
among other factors, returns to shareholders, profitability
expectations and financing needs.
Comparison of Five-Year Cumulative Total Return
The graph below compares the cumulative five-year total return
of holders of Sonic Corp.’s common stock with the cumulative
total returns of the NASDAQ Composite index and the S&P 600
Restaurants Small Cap index. The graph tracks the performance
of a $100 investment in our common stock and in each index (with
the reinvestment of all dividends) from 8/31/2009 to 8/31/2014.
50
$300
$250
$200
$150
$100
$50
$0
8/31/09 8/31/10
Sonic Corp.
8/31/11 8/31/12 8/31/13 8/31/14
NASDAQ Composite S&P 600 Restaurants Small Cap