Sonic 2008 Annual Report Download - page 87

Corporate Offices
300 Johnny Bench Drive
Oklahoma City, Oklahoma 73104
405/225-5000
Web Address
www.sonicdrivein.com
Stock Transfer Agent
Computershare Trust Company, N.A.
P.O. Box 43078
Providence, Rhode Island 02940-3078
or
250 Royall Street
Canton, Massachusetts 02021
800/884-4225
[e-mail]
www.computershare.com
Independent Registered Public Accounting Firm
Ernst & Young LLP
Oklahoma City, Oklahoma
Annual Meeting
Our 2009 Annual Meeting of Stockholders will be held
at 1:30 p.m. Central Standard Time on January 15, 2009, at
our Corporate Offices, 4th Floor, 300 Johnny Bench Drive,
Oklahoma City, Oklahoma.
Annual Report on Form 10-K
A copy of our annual report on Form 10‑K for the year
ended August 31, 2008, as filed with the Securities
and Exchange Commission, may be obtained without
charge upon written request to Stephen C. Vaughan,
Executive Vice President and Chief Financial Officer, at our
Corporate Offices. In addition, we make available free of
charge through our website at www.sonicdrivein.com
annual reports on Form 10-K, quarterly reports on Form
10-Q, current reports on Form 8-K, and all amendments to
those reports filed with or furnished to the Securities and
Exchange Commission. The reports are available as soon as
reasonably practicable after we electronically file such
material with the SEC, and may be found under “SEC-All”
in the "Investor Info" section of the website.
Forward-Looking Statements
Statements contained in this report that are not based
on historical facts are forward-looking statements and are
subject to uncertainties and risks. See Management's
Discussion and Analysis for a more complete discussion
of forward-looking statements, how we identify those
statements, and the risks and uncertainties that may
cause our future results to differ materially from
those anticipated and discussed in the forward-looking
statements.
Stock Market Information
Our common stock trades on the NASDAQ Global
Select Market under the symbol SONC. At November 20,
2008, we had approximately 39,000 stockholders,
including beneficial owners holding shares in nominee
or "street" name.
The table below sets forth our high and low sales
prices for the company's common stock during each fiscal
quarter within the two most recent fiscal years.
Fiscal Year Ended August 31, 2008
High Low
First Quarter $ 26.19 $ 21.57
Second Quarter $ 24.65 $ 18.53
Third Quarter $ 23.33 $ 18.54
Fourth Quarter $ 19.38 $ 12.50
Fiscal Year Ended August 31, 2007
High Low
First Quarter $ 24.23 $ 21.55
Second Quarter $ 24.75 $ 21.24
Third Quarter $ 25.09 $ 20.58
Fourth Quarter $ 24.98 $ 20.02
We currently anticipate that we will retain all of our
earnings to support our operations and develop our
business. Therefore, we do not pay any cash dividends on
our outstanding common stock. Future cash dividends, if
any, will be at the discretion of our Board of Directors and
will depend upon, among other things, future operations
and earnings, capital requirements, general financial
conditions, contractual restrictions, and other factors that
our Board may consider relevant.
The following graph compares the cumulative
five-year total return attained by stockholders on Sonic
Corp. common stock relative to the cumulative total returns
of the NASDAQ Composite index and the NASDAQ Retail
Trade index. An investment of $100 (with reinvestment of
all dividends) is assumed to have been made in our
common stock and in each of the indexes on 8/31/2003 and
its relative performance is tracked through 8/31/2008.
Comparison of Five-Year Cumulative Total Return
The following graph compares the five-year
cumulative return for Sonic Corp. common stock against
the NASDAQ Composite Index and the NASDAQ Retail
Trade Index.
Cpate Infmao
$250
$200
$150
$100
8/31/03 8/31/04
Sonic Corp.
8/31/05 8/31/06 8/31/07 8/31/08
NASDAQ Composite NASDAQ Retail Trade