Home Shopping Network 2011 Annual Report Download - page 21

Download and view the complete annual report

Please find page 21 of the 2011 Home Shopping Network annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

During the quarter ended December 31, 2011, we repurchased approximately 791,000 shares at an average
price of $35.46 per share. Below is a summary of our common stock repurchases during the fourth quarter of
2011:
Period
Total Number of
Shares Purchased
Average Price
Paid Per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Maximum Number
of Shares that May
Yet Be Purchased
under the Plans or
Programs
October 1, 2011 - October 31, 2011 ...... — $ — — 10,000,000
November 1, 2011 - November 30,
2011 ............................ 419,300 $35.02 419,300 9,580,700
December 1, 2011 - December 31, 2011 . . 372,010 $35.95 372,010 9,208,690
791,310 791,310
Performance Graph
The graph depicted below compares the performance of our common stock with the cumulative total return
on the S&P 500 Retailing Index and the Russell 2000 Index from August 12, 2008, the first day of trading of the
Company’s common stock on the NASDAQ Global Select Market after the Spin-off through December 31, 2011,
the last day of our fiscal year.
COMPARISON OF CUMULATIVE TOTAL RETURN
$0
$50
$100
$150
$350
$300
$250
$200
12/31/088/12/08 12/31/1112/31/1012/31/09
DOLLARS
ASSUMES $100 INVESTED ON AUG. 12, 2008
ASSUMES DIVIDEND REINVESTED
Russell 2000 Index
HSN, Inc. S&P 500 Retailing Index
8/12/2008 12/31/2008 12/31/2009 12/31/2010 12/31/2011
HSN, Inc. ..................................... 100.00 66.70 185.23 281.19 333.87
S&P 500 Retailing Index ......................... 100.00 80.07 119.94 150.35 157.40
Russell 2000 Index .............................. 100.00 70.45 89.60 113.66 108.92
19