Circuit City 2001 Annual Report Download - page 9

ITEM 3. LEGAL PROCEEDINGS.
The Company is a party to various pending legal proceedings and disputes arising in the normal course of its business, including those
involving certain commercial, employment and intellectual property related claims, none of which, in management's opinion, is anticipated to
have a material adverse effect on the Company's consolidated financial position or results of operations.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
During the quarter ended December 31, 2001, there were no matters submitted to a vote of the Company's security holders.
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.
The Company's Common Stock is traded on the New York Stock Exchange under the symbol "SYX". The following table sets forth the high
and low closing sales price of the Company's Common Stock as reported on the New York Stock Exchange for the periods indicated.
On March 13, 2002, the last reported sale price of the Company's Common Stock on the New York Stock Exchange was $2.65 per share. As of
March 13, 2002, the Company had 257 stockholders of record.
The Company has not paid any dividends since its initial public offering and anticipates that all of its cash provided by operations in the
foreseeable future will be retained for the development and expansion of its business, and therefore does not anticipate paying dividends on its
Common Stock in the foreseeable future.
Sales and Distribution Center...............Naperville, IL 241,000 2010
Sales Center................................Holmdel, NJ 13,000 2004
Sales and Distribution Center...............Markham, Ontario 45,000 2005
Sales and Distribution Center...............Verrieres le Buisson, France 45,000 2008
Sales and Distribution Center...............Frankfurt, Germany 92,000 2010
Sales and Distribution Center...............Madrid, Spain 35,000 (3)
Sales and Distribution Center...............Milan, Italy 90,000 2003
Sales and Distribution Center...............Greenock, Scotland 78,000 owned
Sales and Distribution Center...............Wellingborough, England 33,000 2013
Sales, Distribution and PC
Assembly Center ........................London, England 64,000 2006
Sales Center................................Miami, FL 71,000 2010
Sales Center................................Amstelveen, Netherlands 5,000 2002
PC Assembly, Sales
and Distribution Center..................Fletcher, Ohio 297,000 owned
European Headquarters.......................Uxbridge, England 7,400 2005
Sales Office................................Uxbridge, England 3,600 2010
Sales and Distribution Center...............Lidkoping, Sweden 20,000 2002
Sales Center................................Stockholm, Sweden 3,000 2003
(1) For information about facilities leased from related parties, see "Certain
Relationships and Related Transactions--Agreements--Leases"
(2) Approximately 120,000 sq. ft. are leased to a third party through March
2004.
(3) Terminable upon two months prior written notice.
2001 HIGH LOW
FIRST QUARTER..................................... $2.75 $1.00
SECOND QUARTER.................................... 3.60 1.50
THIRD QUARTER..................................... 2.80 1.40
FOURTH QUARTER.................................... 2.70 1.30
2000 HIGH LOW
First quarter..................................... $11.06 $8.19
Second quarter.................................... 9.13 3.44
Third quarter..................................... 5.19 2.75
Fourth quarter.................................... 3.00 1.00