Nautilus 2007 Annual Report Download - page 19
Download and view the complete annual report
Please find page 19 of the 2007 Nautilus 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.-
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
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
 |
 |
Table of Contents
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market for our Common Stock
Our common stock is listed on the New York Stock Exchange (the “NYSE”) and trades under the symbol “NLS.” As of February 29, 2008,
31,557,136 shares of our common stock were issued and outstanding, the number of beneficial shareholders was approximately 6,000 and the
number of shareholders of record was 75.
The following table summarizes the high and low closing prices and dividends paid per common share for each period indicated:
The total amount of dividends paid in 2007 and 2006 were $9.5 million ($0.30 per share) and $12.9 million ($0.40 per share), respectively. In the
fourth quarter of 2007, the Board of Directors suspended the dividend. 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 future
expansion plans. The Company’s loan agreement contains covenants that include limitations on paying dividends when certain ratios are not
met. Based on the covenants, the Company is currently precluded from paying dividends.
Equity Compensation Plans
The following table provides information about the Company’s equity compensation plans as of December 31, 2007:
For further information regarding the Company’s equity compensation plans, refer to Note 10 to the consolidated financial statements located at
Item 8 of this Form 10-K.
16
High
Low
Dividends Paid
2007:
Quarter 1
$
18.53
$
13.86
$
0.10
Quarter 2
16.07
12.04
0.10
Quarter 3
12.63
7.70
0.10
Quarter 4
8.22
4.47
—
2006:
Quarter 1
$
19.70
$
13.91
$
0.10
Quarter 2
18.49
14.92
0.10
Quarter 3
15.66
11.49
0.10
Quarter 4
16.10
13.65
0.10
Plan Category
Number of securities
to be issued upon exercise
of outstanding options,
warrants and rights
(a)
Weighted average
exercise price of
outstanding options,
warrants and rights
(b)
Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding
securities reflected in
column (a))
(c)
Equity compensation plans approved by security
holders
3,118,250
$
13.54
2,939,619
Equity compensation plans not approved by
security holders
—
—
—
Total
3,118,250
$
13.54
2,939,619