Nutrisystem 2011 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2011 Nutrisystem 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.

Page out of 80

  • 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

PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
The Company’s common stock has been traded on the NASDAQ Stock Market since June 22, 2005, under
the symbol “NTRI.” The following table sets forth, for the periods indicated, the high and low sale prices for the
Company’s common stock as reported on the NASDAQ Stock Market.
High Low
2012 First Quarter (through March 2, 2012) ............................... $15.55 $11.03
2011 First Quarter ................................................... $22.64 $13.05
2011 Second Quarter ................................................. 16.11 12.37
2011 Third Quarter .................................................. 15.74 10.46
2011 Fourth Quarter ................................................. 13.80 10.61
2010 First Quarter ................................................... $31.90 $15.26
2010 Second Quarter ................................................. 24.90 17.13
2010 Third Quarter .................................................. 24.57 17.21
2010 Fourth Quarter ................................................. 22.03 18.41
Holders
As of March 2, 2012, the Company had approximately 215 record holders of its common stock.
Dividends
Prior to 2008, we had not declared or paid any dividend since inception. We have paid a quarterly dividend
of $0.175 per share beginning with the second quarter of 2008. The declaration and payment of dividends in the
future will be determined by the Company’s Board of Directors in light of conditions then existing, including the
Company’s earnings, financial condition, capital requirements and other factors. See “Management’s Discussion
and Analysis of Financial Condition and Results of Operations – Liquidity, Capital Resources and Other
Financial Data.”
Securities Authorized for Issuance Under Equity Compensation Plans
The information under the heading “Equity Compensation Plan Information” to be filed in the Company’s
definitive proxy statement for the 2012 annual meeting of stockholders is incorporated by reference.
Recent Sales of Unregistered Securities
On October 14, 2011, we issued 117,188 shares of common stock to Black Doll, Inc. in consideration for
marketing services. In granting the shares, we relied upon the exemption from registration set forth in
Section 4(2) of the Securities Act of 1933.
25