Columbia Sportswear 2002 Annual Report Download - page 19

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PART II
Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS
Our Common Stock is listed on the Nasdaq National Market and trades under the symbol “COLM.” At
February 28, 2003, there were approximately 193 holders of record and approximately 7,400 beneficial
shareholders.
Following are the quarterly high and low closing prices for our Common Stock for the years ended
December 31, 2002 and 2001:
HIGH LOW
2002
First Quarter ................................................. $36.30 $29.90
Second Quarter ............................................... $39.88 $32.00
Third Quarter ................................................. $39.50 $28.79
Fourth Quarter ................................................ $47.55 $31.21
2001
First Quarter ................................................. $40.13 $30.32
Second Quarter ............................................... $50.99 $30.00
Third Quarter ................................................. $47.40 $20.75
Fourth Quarter ................................................ $35.05 $20.21
The stock prices in the table above have been restated to reflect the three-for-two stock split effective June
4, 2001.
Since the completion of our initial public offering in April 1998, we have not declared any dividends. We
currently anticipate that all of our earnings in the foreseeable future will be retained for the development and
expansion of our business and, therefore, we have no current plans to pay cash dividends. Future dividend policy
will depend on our earnings, capital requirements, financial condition, restrictions imposed by our credit
agreement, and other factors considered relevant by our Board of Directors. For various restrictions on our ability
to pay dividends, see Note 5 of Notes to Consolidated Financial Statements.
Equity Compensation Plan Information
The following table provides information about compensation plans (including individual compensation
arrangements) under which our equity securities are authorized for issuance to employees or non-employees
(such as directors and consultants), as of December 31, 2002:
Plan Category
Number of
securities to be
issued upon
exercise of
outstanding options,
warrants and rights
Weighted-average
exercise price of
outstanding
options, warrants
and rights
Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding
securities reflected in
column (a))
(a) (b) (c)
Equity compensation plans approved by security
holders:
1997 Stock Incentive Plan ................. 2,651,208 $25.17 1,024,153
1999 Employee Stock Purchase Plan ......... — — 585,836
Equity compensation plans not approved by security
holders(1) ................................ — — 234,833
Total ...................................... 2,651,208 $25.17 1,844,822
(1) See Note 11 of Notes to Consolidated Financial Statements.
12