On August 1, 2011, the Company completed an initial public offering in which 22,250,000 shares of common stock were sold at an initial public offering price of $19.00 per share. Immediately prior to the offering, each share of the Company's Class L common stock converted into 2.4338 shares of common stock.
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Sweatshirt is a garment that is made from cotton hosiery material from outside and has a fleece like material inside to keep the body of the user warm during winters. It covers the upper body as well as arms of users and worn by men and women of all ages.