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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A snood (/snuËd/) is historically a type of female headgear designed to hold the hair in a cloth or yarn bag.In the most common form the headgear resembles a close-fitting hood worn over the back of the head. A tighter-mesh band may cover the forehead or crown, then run behind the ears and under the nape of the neck.A sack of sorts dangles from this band, covering and containing the fall of long hair gathered at the back.n the most common form the headgear resembles a close-fitting hood worn over the back of the head. A tighter-mesh band may cover the forehead or crown, then run behind the ears and under the nape of the neck. A sack of sorts dangles from this band, covering and containing the fall of long hair gathered at the back.