Harris Teeter 2010 Annual Report Download - page 17

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Issuer Purchases of Equity Securities
The following table summarizes the Company’s purchases of its common stock during the quarter ended
October 3, 2010.
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 28, 2010 to August 1, 2010 ........... -0- n.a. -0- 2,767,169
August 2, 2010 to August 29, 2010 ......... -0- n.a. -0- 2,767,169
August 30, 2010 to October 3, 2010 ........ -0- n.a. -0- 2,767,169
Total ................................ -0- n.a. -0- 2,767,169
(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 October 3, 2010, the Company had purchased and
retired 1,872,820 shares under this authorization. No stock purchases were made during the quarter ended
October 3, 2010. The stock buyback program has no set expiration or termination date.
Item 6. Selected Financial Data (dollars in thousands, except per share data)
2010 2009 (1) 2008 2007 2006
Net sales .............................. $4,400,450 $4,077,822 $3,992,397 $3,639,208 $3,265,856
Operating profit ......................... 197,971 154,851 173,785 148,174 123,069
Net income ............................ 112,041 85,964 96,752 80,688 72,336
Net income per share
Basic ............................... 2.32 1.79 2.02 1.69 1.53
Diluted .............................. 2.31 1.78 2.00 1.68 1.52
Dividend per share ...................... 0.48 0.48 0.48 0.44 0.44
Total assets ............................ 1,889,886 1,844,321 1,696,407 1,529,689 1,362,936
Long-term debt – including current portion . . 308,166 365,087 320,578 264,392 237,731
Stockholder’s equity – Ruddick Corp. ....... 892,449 811,590 823,159 736,250 670,517
Book value per share .................... 18.25 16.72 17.05 15.30 14.10
Note: The Company’s fiscal year ends on the Sunday nearest to September 30. Fiscal year 2010 includes the 53
weeks ended October 3, 2010. Fiscal years 2009, 2008, 2007 and 2006 includes the 52 weeks ended September 27,
2009, September 28, 2008, September 30, 2007 and October 1, 2006, respectively.
(1) Reference is made to Item 7, “Management’s Discussion and Analysis of Financial Condition and Results
of Operations – Results of Operations – Goodwill and Long-Lived Asset Impairments” which describes the
fiscal 2009 non-cash charges of $9,891,000 ($6,099,000 after tax benefits, or $0.13 per diluted share) for
goodwill and long-lived asset impairments recorded by A&E.
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