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Archive for the '10-Ks' Tag

The paper shuffle at Hess Corp…

Monday, March 8th, 2010

One of the challenges of reading annual reports is sifting through the massive dump of exhibits and figuring out what has been filed previously and what hasn’t. And despite what you’re probably thinking, that work isn’t always as glamorous as it sounds.
Occasionally, though, the scrutiny pays off, as it did when we reviewed the [...]

The mystery in Forestar’s annual report…

Thursday, March 4th, 2010

A lot of us like a good mystery, but most of us probably prefer the ones in a book to those in an SEC filing.
When we looked at the 10-K that Forestar Group Inc. (FOR) filed yesterday, we noticed an interesting example that illustrates an important point:  Shareholders need transparency and full disclosure in SEC [...]

Freshly-baked employment agreements at Dominos…

Wednesday, March 3rd, 2010

In addition to the exciting news reported yesterday about Dominos Pizza, Inc.’s (DPZ) impressive profits, the company also released information about deals with two top executives.
On March 8th, J. Patrick Doyle will replace David Brandon as President and CEO. And as Doyle’s employment agreement shows, (filed yesterday as an exhibit to Dominos’ annual report), [...]

Digging into Xerox’s 10-K…

Monday, March 1st, 2010

Today’s the deadline for the many companies that are on a calendar year to get their 10Ks in to the SEC, and the folks here at footnoted couldn’t be happier. We won’t bore you with how we spent our respective weekends combing through over 900 alerts to assemble a hefty spreadsheet of all the different [...]

Disney directors get a raise…

Thursday, December 3rd, 2009

The Walt Disney Co. filed its 10-K yesterday and this exhibit in the filing caught our attention.
As the exhibit notes, Disney’s 11 outside board members received a raise from $65K a year to $80K a year. Granted, in terms of annual retention fees for companies of Disney’s size, $80K doesn’t seem unusually high. But that’s [...]