Lifetime Fitness 2007 Annual Report Download - page 28

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22
Comparison of Total Return
$75
$100
$125
$150
$175
$200
$225
$250
$275
6/30/2004 12/31/2004 12/31/2005 12/31/2006 12/31/2007
NYSE Composite
Russell 2000
LTM
June 30,
2004
December 31,
2004
December 31,
2005
December 31,
2006
December 31,
2007
Life Time Fitness (1) ........ $ 100.00 $ 123.24 $ 181.38 $ 231.00 $ 236.57
NYSE Composite Index ... 100.00 109.80 117.43 138.41 147.51
Russell 2000 Index ........... 100.00 110.15 113.81 133.16 129.50
(1) For purposes of this presentation, we have used $21.00, the closing price of our common stock on June 30,
2004, the first day our common stock began to trade publicly.
Dividends
We have never declared or paid any cash dividends on our common stock. We currently intend to invest all future
earnings into the operation and expansion of our business and do not anticipate declaring or paying any cash
dividends on our common stock in the foreseeable future. In addition, the terms of our revolving credit facility and
certain of our debt financing agreements prohibit us from paying dividends without the consent of the lenders. The
payment of any dividends in the future will be at the discretion of our board of directors and will depend upon our
results of operations, earnings, capital requirements, contractual restrictions, outstanding indebtedness and other
factors deemed relevant by our board.
Issuer Purchases of Equity Securities in Fourth Quarter 2007
In June 2006, our Board of Directors authorized the repurchase of 500,000 shares of our common stock from time to
time in the open market or otherwise for the primary purpose of offsetting the dilutive effect of shares issued
pursuant to our Employee Stock Purchase Plan. No shares were repurchased by us in the fourth quarter of 2007.
Equity Compensation Plan Information
Incorporated by reference hereunder is the information under “Equity Compensation Plan Information” in our Proxy
Statement.
Certifications by CEO and CFO
The certifications by our chief executive officer and chief financial officer required under Section 302 of the
Sarbanes-Oxley Act of 2002, have been filed as exhibits to this Annual Report on Form 10-K. Our CEO’s annual
certification pursuant to NYSE Corporate Governance Standards Section 303A.12(a) that our CEO was not aware of
any violation by the company of the NYSE's Corporate Governance listing standards was submitted to the NYSE on
May 9, 2007.