46 unchanged sentences
Comparative Stock Performance Graph
−Removed: The following performance graph compares our cumulative total shareholder return, the NASDAQ Composite and a peer group of U.S.
+Added: The following performance graph compares our cumulative total shareholder return, the NASDAQ Composite and a peer group of publically traded U.S.
industrial manufacturing companies in the air conditioning, ventilation, and heating exchange equipment markets from December 31, 2015 through December 31, 2020.
+Added: Our peer group includes Lennox International, Inc., Trane Technologies plc (formerly Ingersoll-Rand plc), Johnson Controls International plc, and Carrier Global Corporation (formerly United Technologies Corporation).
The graph assumes that $100 was invested at the close of trading December 31, 2015, with reinvestment of dividends.
−Removed: Our peer group includes Lennox International, Inc., Ingersoll Rand Limited, Johnson Controls Inc., and United Technologies Corporation.
This table is not intended to forecast future performance of our Common Stock.
+Added: 1 On March 2, 2020, Trane Technologies PLC (formerly known as Ingersoll-Rand plc) spun off its industrial assets, which made up over 50% of the company’s sales.
+Added: Thus, historical stock performance prior to the divestiture is not fully representative of the current company’s assets.
+Added: 2 On April 3, 2020, Carrier Global Corporation was spun off from its parent company, United Technologies Corporation.
+Added: We have included Carrier's cumulative total shareholder return from April 3, 2020 through December 31, 2020 assuming $100 was invested at the close of trading on April 3, 2020.
This stock performance graph is not deemed to be “soliciting material” or otherwise be considered to be “filed” with the SEC or subject to Regulation 14A or 14C under the Securities Exchange Act of 1934 (Exchange Act) or to the liabilities of Section 18 of the Exchange Act, and should not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except to the extent the Company specifically incorporates it by reference into such a filing.
6 unchanged sentences
Net sales $ 514,551 $ 469,333 $ 433,947 $ 405,232 $ 383,977
−Removed: Net income (a) $ 53,711 $ 42,329 $ 53,830 $ 53,020 $ 44,932
+Added: Net income $ 79,009 $ 53,711 $ 42,329 $ 53,830 $ 53,020
Earnings per share:
−Removed: Basic (a) $ 1.03 $ 0.81 $ 1.02 $ 1.00 $ 0.83
−Removed: Diluted (a) $ 1.02 $ 0.80 $ 1.01 $ 0.99 $ 0.82
+Added: Basic $ 1.51 $ 1.03 $ 0.81 $ 1.02 $ 1.00
+Added: Diluted $ 1.49 $ 1.02 $ 0.80 $ 1.01 $ 0.99
Cash dividends declared per common share:
3 unchanged sentences
(in thousands)
−Removed: Working capital (a) $ 131,521 $ 93,167 $ 104,002 $ 102,287 $ 81,106
−Removed: Total assets (a) 371,424 307,994 296,590 256,335 232,683
+Added: Working capital $ 161,218 $ 131,521 $ 93,167 $ 104,002 $ 102,287
+Added: Total assets 449,008 371,424 307,994 296,590 256,335
Revolving credit facility — — — — —
New market tax credit obligation 6,363 6,320 — — —
−Removed: Total stockholders’ equity (a) 290,140 249,443 238,925 208,410 181,124
−Removed: (a) We have corrected previously reported consolidated financial data for fiscal years ended 2018, 2017, 2016 and 2015, as well as the related balance sheets.
−Removed: See Note 2, Error Correction , in Item 8, Financial Statements and Supplementary Data , for additional information.
+Added: Total stockholders’ equity 350,865 290,140 249,443 238,925 208,410
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.