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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Armoire desk. An armoire desk is a writing-table built within a large cabinet, usually 1.5â2.0 metres (5â7 feet) high. The cabinet is closed by two to four full-height doors, to keep out dust or to give a tidy appearance to a room by hiding the cluttered working surface of the desk.