Harris Teeter 2008 Annual Report Download - page 16

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12
* $100 invested on 9/30/03 in stock or index, including reinvestment of dividends.
** The Company utilizes two indices, rather than a single index, for its peer group comparison: Standard
& Poor’s Food Retail Index and Standard & Poor’s Apparel, Accessories & Luxury Goods Index. The
Company believes that the separate presentation of these indices more accurately corresponds to the
Company’s primary lines of business.
Issuer Purchases of Equity Securities
The following table summarizes the Company’s purchases of its common stock during the quarter ended
September 28, 2008.
Period
Total Number
of Shares
Purchased
Average
Price Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs (1)
Maximum Number
of Shares that May
Yet Be Purchased
Under the Plans or
Programs
June 30, 2008 to August 3, 2008 ......... - 0 - n.a. - 0 - 2,868,569
August 4, 2008 to August 31, 2008 ........ 46,100 $30.35 46,100 2,822,469
September 1, 2008 to September 28, 2008 . . - 0 - n.a. - 0 - 2,822,469
Total ............................. 46,100 $30.35 46,100 2,822,469
(1) In February 1996, the Company announced the adoption of a stock buyback program, authorizing, at
management’s discretion, the Company to purchase and retire up to 4,639,989 shares, 10% of the then-
outstanding shares of the Company’s common stock, for the purpose of preventing dilution as a result of the
operation of the Company’s comprehensive stock option and awards plans. The stock purchases are effected
from time to time pursuant to this authorization. As of September 28, 2008, the Company had purchased
and retired 1,817,520 shares under this authorization, of which 46,100 shares were purchased during the
quarter ended September 28, 2008. The stock buyback program has no set expiration or termination date.
Item 6. Selected Financial Data (dollars in thousands, except per share data)
2008 2007 2006 2005 2004
Net sales........................ $3,992,397 $3,639,208 $3,265,856 $2,964,655 $2,868,597
Operating profit .................. 173,785 148,174 123,069 115,260 112,414
Net income...................... 96,752 80,688 72,336 68,598 64,659
Net income per share
Basic........................ 2.02 1.69 1.53 1.45 1.39
Diluted ...................... 2.00 1.68 1.52 1.44 1.38
Dividend per share................ 0.48 0.44 0.44 0.44 0.40
Total assets...................... 1,696,407 1,529,689 1,362,936 1,203,640 1,109,097
Long-term debt -- including
current portion ................ 320,578 264,392 237,731 163,445 166,287
Shareholders’ equity .............. 823,835 736,610 670,517 608,942 549,710
Book value per share .............. 17.06 15.31 14.10 12.82 11.76
Note: The Company’s fiscal year ends on the Sunday nearest to September 30. Fiscal years 2008, 2007, 2006
and 2005 includes the 52 weeks ended September 28, 2008, September 30, 2007, October 1, 2006 and October
2, 2005. Fiscal year 2004 includes the 53 weeks ended October 3, 2004.