Nautilus 2008 Annual Report Download - page 23

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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 28, 2009, there
were 75 holders of record of our common stock and approximately 32,700 beneficial shareholders.
The following table sets forth the high and low sales prices and dividends paid per common share for each period presented:
The Company paid no dividends in 2008 and $9.5 million ($0.30 per share) in 2007. In the fourth quarter of 2007, our Board of Directors
suspended dividend payments. 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. In addition, the Company’
s loan
agreement with Bank of America, NA contains covenants restricting our ability to pay dividends. 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, 2008:
For further information regarding the Company’s equity compensation plans, refer to Note 11 of the consolidated financial statements located at
Item 8 of this Form 10-K.
19
High
Low
Dividends Paid
2008:
Quarter 1
$
5.50
$
3.00
—
Quarter 2
6.85
3.15
—
Quarter 3
6.37
4.09
—
Quarter 4
4.55
1.66
—
2007:
Quarter 1
$
18.63
$
13.38
$
0.10
Quarter 2
16.16
12.04
0.10
Quarter 3
12.66
7.46
0.10
Quarter 4
8.44
4.31
—
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
2,011,202
$
10.70
3,916,867
Equity compensation plans not approved by
security holders
—
—
—
Total
2,011,202
$
10.70
3,916,867