Nautilus 2002 Annual Report Download - page 23

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In December 2002, the Company filed suit against Icon Health and Fitness, Inc. in the Federal District Court, Western District of Washington
alleging infringement by Icon of the Company's Bowflex patents. The Company seeks injunctive relief, unquantified treble damages and its fees
and costs.
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, 2002.
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
MARKET PRICE OF OUR COMMON STOCK
From May 4, 1999 until May 20, 2002, our common stock was listed for trading exclusively on The NASDAQ National Market System under
the symbol DFXI. On May 21, 2002, we transferred our listing to the New York Stock Exchange and changed our stock symbol to NLS. The
following table summarizes the high and low closing prices for each period indicated, adjusted to reflect three-for-two stock splits effective
January 2001 and August 2001:
High Low
2002:
Quarter 1 $ 38.05 $
27.59
Quarter 2 45.45
28.25
Quarter 3 34.05
19.50
Quarter 4 23.85
12.70
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, 2003, 32,528,850 shares of our common stock were issued and outstanding and held by approximately 14,200 beneficial
shareholders.
On January 29, 2003, the Board of Directors declared a $0.40 per share annual dividend payable quarterly. The initial quarterly dividend of
$0.10 per share was paid March 10, 2003, to shareholders of record at the close of business on February 20, 2003. 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.
ITEM 6. SELECTED CONSOLIDATED FINANCIAL DATA
The selected consolidated financial data presented below for each year in the five-year period ended December 31, 2002 have been derived
from our audited financial statements. The balance sheet data as of December 31, 2002 and 2001 and the statement of operations data for each
of the years in the three year period ended December 31, 2002 have been derived from our audited financial statements included herein. The
balance sheet data as of December 31, 2000,
-23-
2003. EDGAR Online, Inc.