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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Case furniture, that is furniture used for storage, came in all sorts of forms. The trendy armoire was originally a large mobile cupboard or wardrobe featuring doors and shelves for clothes storage. A German variation was known as a kas. A more modern version, also containing drawers, came to be called a wardrobe.ase furniture, that is furniture used for storage, came in all sorts of forms. The trendy armoire was originally a large mobile cupboard or wardrobe featuring doors and shelves for clothes storage. A German variation was known as a kas. A more modern version, also containing drawers, came to be called a wardrobe.