THQ 2010 Annual Report Download - page 25

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17
Item 3. Legal P roceedings
From time to time we are involved in ordinary routine litigation incidental to our business. In the opinion of our
management, none of such pending litigation is expected to have a material adverse effect on our
consolidated financial condition or results of operations.
Item 4. (Removed and Reserved)
P AR T I I
Item 5. Market for Registrant’s Common Equity , Related Stoc kholder Mat ters and Issuer
Purchases of Equity Securities
THQ’s common stock is quoted on the NASDAQ Global Select Market under the symbol “THQI.” The following
table sets forth, for the periods indicated, the high and low intraday sales prices of our common stock as
reported by the NASDAQ Global Select Market:
Sales Prices
High
Low
Fi scal Year Ended March 31, 2010
Fourth Quarter ended March 31, 2010 ......................................... $7.30 $4.88
Third Quarter ended December 31, 2009..................................... 7.45 4.12
Second Quarter ended September 30, 2009 .............................. 8.82 5.29
First Quarter ended June 30, 2009 ............................................... 9.03 2.95
Fi scal Year Ended March 31, 2009
Fourth Quarter ended March 31, 2009 ......................................... $5.40 $2.23
Third Quarter ended December 31, 2008..................................... 12.25 3.29
Second Quarter ended September 30, 2008 .............................. 20.79 11.74
First Quarter ended June 30, 2008 ............................................... 23.40 17.99
The last reported price of our common stock on May 28, 2010, as reported by NASDAQ Global Select
Market, was $6.00 per share.
Holders
As of May 28, 2010 there were approximately 293 holders of record of our common stock.
Dividend Policy
We have never paid cash dividends on our common stock. We currently intend to retain future earnings, if
any, to finance the growth and development of our business and, therefore, we do not anticipate paying any
cash dividends in the foreseeable future. Additionally, our Loan and Security Agreement with Bank of
America, N.A. restricts us from paying cash dividends (see “Note 12—Credit Facility” in the notes to the
consolidated financial statements included in Item 8).
S to ck P rice Performance Graph
The following stock price performance information shall not be deemed to be “filed” with the Securities and
Exchange Commission nor shall this information be incorporated by reference into any future filing under the
Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except to the
extent that we specifically incorporate it by reference into a filing.
The following graph shows a five-year comparison of cumulative total stockholder returns for the period from
March 31, 2005 through March 31, 2010, for the Company’s common stock, NASDAQ Global Select Market
Composite Index and the RDG Technology Index. The comparison assumes an initial investment of $100 in
each on March 31, 2005. We have not paid any cash dividends and, therefore, the cumulative total return
calculation is based solely upon stock price appreciation and not upon reinvestment of cash dividends.
The comparisons in the graph below are based on historical data and are not intended to forecast the
possible future performance of THQ’s common stock.