DSW 2008 Annual Report Download - page 26

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fi
nanc
i
a
l
con
di
t
i
on. As a
ddi
t
i
ona
li
n
f
ormat
i
on
b
ecomes ava
il
a
bl
e, we w
ill
assess t
h
e potent
i
a
lli
a
bili
ty re
l
ate
d
to ou
r
p
endin
g
liti
g
ation and revise the estimates as needed. Revisions in our estimates and potential liabilit
y
could
m
aterially impact our results of operations and financial condition
.
ITEM 4.
SU
BMI
SS
I
O
N
O
F MATTER
S
T
O
AV
O
TE
O
F
S
E
CU
RITY H
O
LDER
S
.
N
one
.
PART II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY
,
RELATED SHAREHOLDER
M
ATTER
S
AND I
SS
UER PURCHA
S
E
S
OF E
Q
UITY
S
ECURITIE
S
.
Our Class A Common Shares are listed for trading under the ticker symbol “DSW” on the NYSE. As of
Fe
b
ruar
y
28, 2009, t
h
ere were 17
h
o
ld
ers o
f
recor
d
o
f
our C
l
ass A Common S
h
ares an
d
one
h
o
ld
er o
f
recor
d
o
f
our
Class B Common Shares, Retail Ventures. The followin
g
table sets forth the hi
g
h and low sales prices of our Class
A
Common Shares as reported on the NYSE for each respective quarter and as of February 28, 2009:
H
ig
h Low
F
iscal 2007:
F
i
rst Quarte
r
....................................................
$
44.71
$
37.68
S
econ
dQ
uarte
r
..................................................
41
.
21 31
.
48
Thi
r
dQ
uarte
r
...................................................
36
.4
9
21.13
F
ourt
hQ
uarte
r
.................................................. 24.
88
14.72
F
i
scal 2008
:
F
irst
Q
uarter
....................................................
20.69 11.46
Second Quarter
..................................................
1
5
.
5
0 10.10
T
hi
r
d
Quarter
...................................................
1
6
.32
9
.1
7
F
ourt
h
Quarte
r
..................................................
13
.
21
7.
30
Fisca
l 2009:
Fi
rst
Q
uarter
.
..................................................
.
1
1.21
8
.
56
(
Through February 28, 2009
)
W
e do not anticipate paying cash dividends on our Common Shares during fiscal 2009. Presently, we expect
t
h
at a
ll
o
f
our
f
uture earn
i
n
g
sw
ill b
e reta
i
ne
df
or
d
eve
l
opment o
f
our
b
us
i
ness. T
h
epa
y
ment o
f
an
yf
uture
di
v
id
en
ds
w
ill be at the discretion of our board of directors and will depend upon, amon
g
other thin
g
s, future earnin
g
s,
o
perations, capital requirements, our
g
eneral financial condition and
g
eneral business conditions. Our credit facilit
y
restr
i
cts t
h
e payment o
fdi
v
id
en
d
s
b
y us, ot
h
er t
h
an
di
v
id
en
d
spa
id i
n stoc
k
o
f
t
h
e
i
ssuer or pa
id
to anot
h
er a
ffili
ate,
a
nd cash dividends can onl
y
be paid to Retail Ventures b
y
us up to the a
gg
re
g
ate amount of $5.0 million less the
a
mount of an
y
borrower advances made to Retail Ventures b
y
us or our subsidiaries
.
W
e did not make an
y
purchases of our Common Shares durin
g
the fourth quarter of fiscal 2008.
22