Nautilus 2001 Annual Report Download - page 21

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additional warehouse or office space, we believe we will be able to obtain such space on commercially reasonable terms.
ITEM 3. LEGAL PROCEEDINGS
In the normal course of business, the Company is a party to various legal claims, actions and complaints. Although it is not possible to predict
with certainty whether the Company will ultimately be successful in any of these legal matters, or what the impact might be, the Company
believes that disposition of these matters will not have a material adverse effect on the Company's financial position, results of operations or
cash flows.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to a vote of our stockholders during the quarter ended December 31, 2001.
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
MARKET PRICE OF OUR COMMON STOCK
Since May 4, 1999, our common stock has been listed for trading exclusively on The Nasdaq National Market System under the symbol DFXI.
The following table summarizes the high and low closing prices for each period indicated, adjusted to reflect the three-for-two stock splits
effective August 2000, January 2001 and August 2001:
HIGH LOW
----------
----------
2000
Quarter 1........... $ 8.89 $ 6.45
Quarter 2........... 14.52 7.97
Quarter 3........... 18.11 12.11
Quarter 4........... 20.67 14.14
2001
Quarter 1........... 21.42 12.39
Quarter 2........... 31.67 15.97
Quarter 3........... 33.34 17.11
Quarter 4........... $ 31.46 $ 19.95
As of March 1, 2002, 35,012,932 shares of our common stock were issued and outstanding and held by 14,611 beneficial shareholders.
Payment of any future dividends is at the discretion of our board of directors, which considers various factors, such as our financial condition,
operating results, current and anticipated cash needs and expansion plans. Our credit lines do not restrict the payment of dividends. To date, we
have never declared or paid any cash dividends on our common stock and we do not presently intend to declare any cash dividends in the near
future. Instead, we intend to retain and direct any future earnings to fund our anticipated expansion and growth.
21
2002. EDGAR Online, Inc.