Foot Locker 2009 Annual Report Download - page 80

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23. Commitments
In connection with the sale of various businesses and assets, the Company may be obligated for certain lease
commitments transferred to third parties and pursuant to certain normal representations, warranties, or
indemnifications entered into with the purchasers of such businesses or assets. Although the maximum potential
amounts for such obligations cannot be readily determined, management believes that the resolution of such
contingencies will not have a material effect on the Company’s consolidated financial position, liquidity, or
results of operations. The Company is also operating certain stores and making rental payments for which lease
agreements are in the process of being negotiated with landlords. Although there is no contractual commitment
to make these payments, it is likely that a lease will be executed.
The Company does not have any off-balance sheet financing, other than operating leases entered into in the
normal course of business and disclosed above, or unconsolidated special purpose entities. The Company does
not participate in transactions that generate relationships with unconsolidated entities or financial partnerships,
including variable interest entities.
24. Shareholder Information and Market Prices (Unaudited)
Foot Locker, Inc. common stock is listed on The New York Stock Exchange as well as on the bo
¨erse-stuttgart
stock exchange in Germany and the Elektronische Bo
¨rse Schweiz (EBS) stock exchange in Switzerland. In
addition, the stock is traded on the Cincinnati stock exchange. At January 30, 2010, the Company had
20,480 shareholders of record owning 156,540,788 common shares. During 2009 and 2008, the Company declared
dividends of $0.15 per share during each of the quarters.
The following table sets forth, for the period indicated, the intra-day high and low sales prices for the
Company’s common stock:
2009 2008
High Low High Low
Common Stock
Quarter
1
st
Q ......................... $12.29 $7.09 $13.90 $10.39
2
nd
Q ......................... 12.95 9.38 15.43 11.40
3
rd
Q ......................... 12.31 9.91 18.19 10.12
4
th
Q ......................... 12.55 9.46 14.79 3.65
62