Sonic 2015 Annual Report Download - page 51

Corporate Information
Corporate Offices
300 Johnny Bench Drive
Oklahoma City, Oklahoma 73104
405-225-5000
Web Address
www.sonicdrivein.com
Stock Transfer Agent
Computershare
211 Quality Circle, Suite 210
College Station, Texas 77845, United States
1-800-884-4225
[email protected]
www.computershare.com/investor
Independent Registered Public Accounting Firm
KPMG LLP
Oklahoma City, Oklahoma
Annual Meeting
Our 2016 Annual Meeting of Shareholders will be held at
1:30 p.m. Central Standard Time on January 28, 2016, 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, 2015, as filed with the Securities and Exchange
Commission (“SEC”), may be obtained without charge upon
written request to Claudia S. San Pedro, 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 SEC. The reports are available as soon as reasonably
practical after we electronically file such material with the SEC,
and may be found on our website under “Company/Investors.”
Forward-Looking Statements
This annual report contains forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements reflect management’s expectations regarding
future events and operating performance and speak only as of
the date thereof. These forward-looking statements involve a
number of risks and uncertainties. Factors that could cause
actual results to differ materially from those expressed in,
or underlying, these forward-looking statements are detailed
in the Company’s annual and quarterly report filings with
the Securities and Exchange Commission. The Company
undertakes no obligation to publicly release revisions to these
forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unforeseen
events, except as required to be reported under the rules and
regulations of the Securities and Exchange Commission.
Stock Market Information
Our common stock trades on the NASDAQ Global Select
Market under the symbol SONC. At November 30, 2015, we
had approximately 24,000 shareholders, 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 and cash dividends paid during each
fiscal quarter within the two most recent fiscal years.
Fiscal Year Ended August 31, 2015
Dividends Per
High Low Common Share
First Quarter $ 27.88 $ 21.10 $ 0.09
Second Quarter $ 33.15 $ 25.91 $ 0.09
Third Quarter $ 36.73 $ 28.53 $ 0.09
Fourth Quarter $ 34.23 $ 24.86 $ 0.09
Fiscal Year Ended August 31, 2014
Dividends Per
High Low Common Share
First Quarter $ 20.28 $ 15.64 –
Second Quarter $ 21.48 $ 16.92 –
Third Quarter $ 23.56 $ 18.61 –
Fourth Quarter $ 23.74 $ 20.25 –
During the fourth quarter of 2014, the Company initiated a cash
dividend program and the first dividend under this program at
$0.09 per common share was paid during the first quarter of
fiscal year 2015. The Company increased the quarterly rate to
$0.11 per common share effective with the payment made in the
first quarter of fiscal year 2016. Future payments of dividends
will be considered by the Company’s Board of Directors after
reviewing, among other factors, returns to shareholders,
profitability expectations and financing needs.
Comparison of Five-Year Cumulative Total Return
The graph below matches Sonic Corp.’s cumulative five-year
total return on common stock with the cumulative total returns
of the NASDAQ Composite index and the S&P 600 Restaurants
Small Cap index. The graph tracks the performance of a $100
investment in our common stock and in each index (with the
reinvestment of all dividends) from 8/31/2010 to 8/31/2015.
$400
$350
$300
$250
$200
$150
$100
$50
$0
8/31/10 8/31/11
Sonic Corp.
8/31/12 8/31/13 8/31/14 8/31/15
NASDAQ Composite S&P 600 Restaurants Small Cap