Petsmart 2004 Annual Report Download - page 39

Download and view the complete annual report

Please find page 39 of the 2004 Petsmart 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 102

  • 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

PART II
Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities
Price Range of Common Stock and Dividend Policy. Our common stock is traded on the NASDAQ
National Market under the symbol PETM. The following table indicates the intra-day quarterly high and low
price per share of our common stock. These prices represent quotations among dealers without adjustments for
retail mark-ups, markdowns or commissions, and may not represent actual transactions.
Dividends
High Low Declared
Fiscal Year Ended January 30, 2005
First Quarter ended May 2, 2004 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $29.20 $22.96 $0.03
Second Quarter ended August 1, 2004 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $33.84 $25.55 $0.03
Third Quarter ended October 31, 2004 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $31.98 $26.20 $0.03
Fourth Quarter ended January 30, 2005 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $36.24 $29.85 $0.03
Fiscal Year Ended February 1, 2004
First Quarter ended May 4, 2003 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $15.63 $ 9.90 $0.02
Second Quarter ended August 3, 2003 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $20.50 $14.57 $ Ì
Third Quarter ended November 2, 2003 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $26.48 $18.01 $0.02
Fourth Quarter ended February 1, 2004 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $28.80 $22.31 $ Ì
Dividends. We believe our ability to generate cash allows us to invest in the growth of the business and,
at the same time, distribute a quarterly dividend. Our credit facility permits us to pay dividends, so long as we
are not in default and the payment of dividends would not result in default. In Ñscal 2004, the following
dividends were declared by the Board of Directors:
Dividend
Amount per Stockholders of
Date Declared Share Record Date Date Paid
March 23, 2004ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $0.03 April 30, 2004 May 21, 2004
June 23, 2004 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $0.03 July 30, 2004 August 20, 2004
September 29, 2004 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $0.03 October 29, 2004 November 19, 2004
December 14, 2004ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $0.03 January 28, 2005 February 18, 2005
Holders. On March 28, 2005, there were 4,694 holders of record of our common stock.
Equity Compensation Plan Information. Information regarding our equity compensation plans will be
included in our proxy statement with respect to our Annual Meeting of Stockholders to be held on June 23,
2005 under the caption ""Equity Compensation Plans'' and is incorporated by reference in this Annual Report
on Form 10-K.
17