Albertsons 2008 Annual Report Download - page 109

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SUPERVALU INC. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
NOTE 16—SHAREHOLDER RIGHTS PLAN
On April 24, 2000, the Company announced that the Board of Directors adopted a Shareholder Rights Plan under
which one preferred stock purchase right is distributed for each outstanding share of common stock. The rights,
which expire on April 12, 2010, are exercisable only under certain conditions, and may be redeemed by the
Board of Directors for $0.01 per right. The plan contains a three-year independent director evaluation provision
whereby a committee of the Company’s independent directors will review the plan at least once every three
years. The rights become exercisable, with certain exceptions, after a person or group acquires beneficial
ownership of 15 percent or more of the outstanding voting stock of the Company.
NOTE 17—SEGMENT INFORMATION
Refer to page F-6 for the Company’s segment information.
The Company offers a wide variety of grocery products, general merchandise and health and beauty care,
pharmacy, fuel and other items and services. The amount of consolidated net sales and percentage of
consolidated net sales for each group of similar products and services were as follows:
2008 2007 2006
Grocery products $36,355 83% $31,157 83% $17,627 89%
General merchandise and health and beauty care 3,426 8 2,891 8 1,115 6
Pharmacy 2,706 6 2,151 6 481 2
Fuel 637 1 403 1 34 —
Other items and services 924 2 804 2 607 3
Consolidated net sales $44,048 100% $37,406 100% $19,864 100%
F-43