Investor Relations

Corporate Information
Corporate Governance
and Responsibility
News and Events
News Releases
In the News
Future Events
Past Events & Presentations
Stock Information &
Investor Tools
Analyst Coverage
Stock Chart
First Call Estimates
Historical Stock Quote
Investment Calculator
Fundamentals
Glossary
Financial Information
Tax Cost Basis
SEC Filings
Annual Reports
Quarterly Snapshot
Historical Financial Tables
Shareholder Services
2008 Proxy Statement
Stock Transfer Agent
Electronic Delivery Enrollment
Investor FAQs
Contact Information

Glossary



DESCRIPTIVE



Exchange
This is a four character field indicating the primary trading market for the company's common stock. The following are the valid codes: NYSE = New York Stock Exchange, AMEX = American Stock Exchange, NASD = Nasdaq Market, OTC = Pink Sheet or OTC Bulletin Board.

Currency
The code used to identify the currency in which the financial statements are reported.

Complete Financials Date
This date indicates the last quarter or annual update with a complete set of financial records.

Earnings Announcements Date
This date indicates when an Earnings Announcement was announced.

Earnings Announcements
This is the company's preliminary operating results. This variable includes the most recent quarterly date announced as well as revenue, earnings, and EPS information for that quarter. These announcements are denoted by an "*" mark. Any ratio calculated using earnings announcement information is denoted by an "*" mark.

Business Summary
This field of information will give the investor a brief description of what the company's line of business is. It also gives information regarding the current period's revenues and earnings vs. the prior periods results.

Equity
This field starts off with the company's leading class of stock, and then proceeds to give insiders control, institutional ownership, IPO, and debt information.

Officers
This is a listing of the names and positions of the company's executive officers.

Analyst Footnotes
These notes are entered by the assigned Market Guide Analyst to explain reclassifications, restatements, stock splits, acquisitions, etc.

Sector
Market Guide has grouped its industries into 12 distinct sectors. These sectors represent different segments of the U.S. economy. The Market Guide Sector is displayed as a six character mnemonic.

Industry
Market Guide has grouped its company universe into more than 100 distinctive industries. These industries have been developed to contain those companies that operate along similar lines of business. The Market Guide Industry is displayed as a six character mnemonic.

Employees
This is the total number of full time or full time equivalent employees as reported by the company in its 10-K report.

SIC Code - Primary
The Standard Industrial Classification (SIC) Code is a four digit code that indicates the company's line of business. Market Guide's analysts assign SIC codes based on descending order of the company's revenue generated from each product line.

SIC Code - Secondary
The Standard Industrial Classification (SIC) Code is a four digit code that indicates the company's line of business. Market Guide's analysts assign SIC codes based on descending order of the company's revenue generated from each product line.


PRICE & VOLUME



Price ($)
This is the Closing or Last Bid Price. It is also referred to as the Current Price. For NYSE, AMEX, and Nasdaq traded companies, the price is the previous Friday's closing price. For companies traded on the National Quotation Bureau's "Pink Sheets", and OTC bulletin boards, it is the bid price obtained at the time the report is updated.

Price, 52 Week High ($)
This price is the highest price the stock traded at in the last 12 months. This could be an intraday high.

Price, 52 Week Low ($)
This price is the lowest price the stock traded at in the last 12 months. This could be an intraday low.

3 Day Average Daily Trading Volume
This is the daily average of cumulative trading volume for the last three days.

3 Month Average Daily Volume (millions)
This is the monthly average of the cumulative trading volume during the last three months divided by 22 days.

10 Day Average Daily Trading Volume (millions)
This is the daily average of the cumulative trading volume for the last 10 days.

Beta
Beta is a measure of a company's common stock price volatility relative to the market. The Market Guide Beta is the slope of the 60 month regression line of the percentage adjusted for regression tendencies reported by Blume.


DIVIDEND INFORMATION



Indicated Annual Dividend ($)
This value is the total of the expected dividend payments over the next twelve months. It is generally the most recent cash dividend paid or declared multiplied by the dividend payment frequency, plus any recurring extra dividend.

Dividend Yield (%)
This value is the current percentage dividend yield based on the present cash dividend rate. It is calculated as the Indicated Annual Dividend divided by the current Price, multiplied by 100.

Dividend Yield, 5 Year Average (%)
This value is the average of the dividend yield over the last 60 months.

Dividend, 5 Year Growth Rate (%)
This growth rate is the compound annual growth rate of cash dividends per common share of stock over the last 5 years.

Dividend Declared, Last Quarterly ($ per share)
This is the amount of the last quarterly dividend, if one has been declared by the company.

Dividend Ex-date, Last Quarterly
This is the first date on which a person purchasing the stock is no longer eligible to receive the last announced dividend. If a prospective dividend payment has been announced, this may be a future date. The format for this variable is MM/DD/YY (12/31/95).

Dividend Payment Date, Last Quarterly
This is the date on which payment for the last dividend declared will be made to the shareholders. The format for this variable is MM/DD/YY (12/31/95).

Dividend Rate ($ per share)
This value is the total of the expected dividend payments over the next twelve months. It is generally the most recent cash dividend paid or declared multiplied by the dividend payment frequency, plus any recurring extra dividends.

Dividend, Indicated Annual ($ per share)
This value is the total of the expected dividend payments over the next twelve months. It is generally the most recent cash dividend paid or declared multiplied by the dividend payment frequency, plus any recurring extra dividends.


SHARE RELATED ITEMS



Market Capitalization ($ millions)
This value is calculated by multiplying the current Price by the current number of Shares Outstanding.

Shares Outstanding, Current (millions)
This is the number of shares of common stock currently outstanding, less the shares held in treasury. This field reflects all offerings and acquisitions for stock made after the end of the previous fiscal period.

Float (millions)
This is the number of freely traded shares in the hands of the public. Float is calculated as Shares Outstanding minus Shares Owned by Insiders, 5% Owners, and Rule 144 Shares.


SHORT INTEREST



Short Interest Ratio (days)
This represents the number of days it would take to cover the Short Interest if trading continued at the average daily volume for the month. It is calculated as the Short Interest for the Current Month divided by the Average Daily Volume.

Short Interest, Current Month Position (millions)
This is the number of shares currently borrowed by investors for sale, but not yet returned to the owner (lender).

Short Interest, Previous Month (millions)
This is the number of shares borrowed in the prior month by investors for sale, but not yet returned to the owner (lender) during the prior month.


INSTITUTIONAL OWNERSHIP



Institutional Number of Shareholders
This is the number of institutions (pension funds, mutual funds, etc.) that currently report an investment position in the company's stock.

Institutional Number of Shares Owned (millions)
This is the total number of shares held by all institutions (pension funds, mutual funds, etc.) that report their holdings to the SEC.

Institutional % Shares Outstanding Owned
This is the percent of common stock held by all the reporting institutions as a group. It is calculated as total shares owned by institutions divided by total shares outstanding multiplied by 100.

Institutional Shares Purchased (millions)
This is the number of shares of company stock purchased by institutions in the last three months reported by each institution.

Institutional Shares Sold (millions)
This is the total number of shares of company stock sold by institutions in the last three months reported by each institution.

Institutional Net Shares Purchased (millions)
This is the net difference between the number of shares of company stock purchased by institutions and the number of shares sold by institutions in the last three months reported by each institution.

Institutional Percent Owned, Prior Quarter (%)
This is the percent of common stock held by all the reporting institutions as a group during the last three months. It is calculated as Total Shares Owned by Institutions divided by Total Shares Outstanding multiplied by 100.

INSIDER TRADING



6 Month Insider Net Trades
This is the net difference between the number of officers and directors that purchased the company's stock and the number of officers and directors that sold the company's stock in the last six months.

6 Month Insider Buy Transactions
This is the number of officers and directors that purchased their company's common stock in the last six months.

6 Month Insider Sell Transactions
This is the number of officers and directors that sold the company's stock in the last six months.

Insider Shares Purchased (millions)
This is the number of shares of company stock purchased by officers and directors in the last six months.

Insider Shares Sold (millions)
This is the number of shares of company stock sold by officers and directors in the last six months.

Insider Net Shares Bought (millions)
This is the net difference between the number of shares of company stock purchased by officers and directors and the number of shares sold by officers and directors during the preceding six months.

Insider Ownership Percent (%)
This is the percent of common stock held by all the officers and directors of the company plus beneficial owners who own more than 5 percent of the subject company's stock as disclosed in the most recent proxy statement.

VALUATION RATIOS



Price To Earnings Ratio (TTM)
This ratio is calculated by dividing the current Price by the sum of the Primary Earnings Per Share from continuing operations BEFORE Extraordinary Items and Accounting Changes over the last four quarters.

5 Year High P/E Ratio
The P/E Ratio for each of the past 60 months is calculated using the month end Price divided by the trailing twelve month Earnings Per Share (EPS) Excluding Extraordinary Items ending at least 1 month earlier than the pricing date. The highest of these 60 P/E values is the 5 Year High Price Earnings Ratio.

5 Year Low P/E Ratio
The P/E Ratio for each of the past 60 months is calculated using the month end Price divided by the trailing twelve month Earnings Per Share (EPS) Excluding Extraordinary Items ending at least 1 month earlier than the pricing date. The lowest of these 60 P/E values is the 5 Year Low Price Earnings Ratio.

Price to Tangible Book Ratio (MRQ)
This is the Price divided by the latest quarterly Tangible Book Value Per Share. Tangible Book Value Per Share is defined as Book Value minus Goodwill and Intangible Assets divided by the Shares Outstanding at the end of the fiscal quarter.

Price to Book Ratio (MRQ)
This is the Price divided by the latest quarterly Book Value Per Share.

Price to Sales Ratio (TTM)
This is the Price divided by the Sales Per Share for the trailing twelve months. If there is a preliminary earnings announcement for a quarter that has recently ended, the revenue (sales) values from this announcement will be used in calculating the trailing twelve month revenue per share.

Price to Cash Flow Per Share Ratio (TTM)
This is the current Price divided by Cash Flow Per Share for the trailing twelve months. Cash Flow is defined as Income After Taxes minus Preferred Dividends and General Partner Distributions plus Depreciation, Depletion and Amortization.

Price To Free Cash Flow Per Share Ratio (TTM)
This is the Price divided by the trailing twelve month Free Cash Flow Per Share. Free Cash Flow is calculated from the Statement of Cash Flows as Cash From Operations minus Capital Expenditures and Dividends Paid.

Cash Flow Per Share, TTM ($ per share)
This value is the trailing twelve month Cash Flow divided by the trailing twelve month Average Shares Outstanding.

Free Cash Flow Per Share, TTM ($ per share)
This is the trailing twelve month Free Cash Flow divided by the trailing twelve month Average Shares Outstanding found on the income statement.


PROFITABILITY



Gross Margin, TTM (%)
This value measures the percent of revenue left after paying all direct production expenses. It is calculated as the trailing 12 months Total Revenue minus the trailing 12 months Cost of Goods Sold divided by the trailing 12 months Total Revenue and multiplied by 100.

Gross Margin, 5 Year Average (%)
This value is calculated by determining the Gross Margin for each of the 5 most recent fiscal years and then averaging the values. Gross Margin is Total Revenue minus Cost of Goods Sold divided by Total Revenue and is expressed as a percentage.

EBITD Margin, TTM (%)
This value represents the trailing twelve month Earnings Before Interest, Taxes and Depreciation expressed as a percent of trailing twelve month Total Revenue.

EBITD Marg