Cabela's 2011 Annual Report Download - page 36

Download and view the complete annual report

Please find page 36 of the 2011 Cabela's 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 132

  • 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
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

26
ITEM 3. LEGAL PROCEEDINGS
We are party to various legal proceedings arising in the ordinary course of business. These actions include
commercial, intellectual property, employment (including the Commissioner’s charge referenced in “Risk Factors
- Legal proceedings may increase our costs and have a material adverse effect on our results of operations”),
regulatory, and product liability claims. Some of these actions involve complex factual and legal issues and are
subject to uncertainties. The activities of WFB are subject to complex federal and state laws and regulations.
WFB’s regulators are authorized to impose penalties for violations of these laws and regulations and, in some
cases, to order WFB to pay restitution. We cannot predict with assurance the outcome of the actions brought
against us. Accordingly, adverse developments, settlements, or resolutions may occur and have a material effect
on our results of operations for the period in which such development, settlement, or resolution occurs. However,
we do not believe that the outcome of any current legal proceeding would have a material effect on our results of
operations, cash flows, or financial position taken as a whole.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Price Range of Common Stock
Our common stock began trading on June 25, 2004, on the New York Stock Exchange under the symbol
“CAB”. Prior to that date, there was no public market for our common stock. As of February 17, 2012, there were
886 holders of record of our common stock. This does not include persons who hold our common stock in nominee
or “street name” accounts through brokers or banks.
The following table sets forth, for the fiscal quarters indicated, the high and low sales prices per share of our
common stock as reported on the New York Stock Exchange:
2011 2010
High Low High Low
First Quarter $ 31.19 $ 21.59 $ 18.00 $ 14.69
Second Quarter 28.91 22.26 21.24 13.42
Third Quarter 28.70 19.95 19.17 12.97
Fourth Quarter 26.73 19.66 23.11 18.28