2 unchanged sentences
As of February 13, 2023, there were 2,354 common shareholders of record.
−Removed: We believe there are an estimated additional 38,901 beneficial holders of our common stock.
−Removed: See Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, for a discussion of our dividend payments.
+Added: Because many of our shares of common stock are held by brokers and other institutions on behalf of stockholders, the common shareholders of record do not reflect the total number of stockholders.
5-Year Total Shareholder Return
−Removed: The following performance graph compares the performance of our common stock to the Standard & Poor's Composite-500 Index (S&P 500 Index) and the Standard & Poor's Composite-500 Healthcare Index (S&P 500 Healthcare Index), an independently prepared index that includes more than 50 companies in the healthcare industry.
−Removed: This graph assumes that the value of the investment in the common stock and each index was $100 on December 31, 2016, and that all dividends were reinvested.
−Removed: Period Years Ended
+Added: The following performance g raph compares the performance of our common stock to the Standard & Poor's Composite-500 Index (S&P 500 Index), the Russell 3000 Medical Equipment and Services Sector Index, an index that includes more than 100 companies in the medical equipment and services industry, and the Standard & Poor's Composite-500 Healthcare Index (S&P 500 Healthcare Index), an independently prepared index that includes more than 50 companies in the healthcare industry.
+Added: Beginning this year, we are using the Russell 3000 Medical Equipment and Services Sector Index as our line of business index, but in prior years we used the S&P 500 Healthcare Index.
+Added: We are changing our line of business index to the Russell 3000 Medical Equipment and Services Sector Index because that index more closely aligns with our business.
+Added: In accordance with Item 201(e) of Regulation S-K, we are including both the Russell 3000 Medical Equipment and Services Sector Index and S&P 500 Healthcare Index in the performance graph below.
+Added: This graph assumes that the value of the investment in the common stock an d each index was $100 on December 31, 2017, and that all dividends were reinvested.
+Added: Base Period Years Ended
Company Name / Index 12/2017 12/2018 12/2019 12/2020 12/2021 12/2022
2 unchanged sentences
S&P 500 Index 100.00 95.62 125.72 148.85 191.58 156.88
+Added: Russell 3000 Medical Equipment and Services Sector 100.00 112.27 146.90 185.83 224.41 174.51
S&P 500 Healthcare 100.00 106.47 128.64 145.93 184.07 180.47
4 unchanged sentences
Pursuant to the underwriting agreement, we granted the underwriters an option to purchase up to an additional 1,271,250 shares of our common stock, which the underwriters exercised in full.
−Removed: Inclusive of this exercised option, net proceeds to us were approximately $190 million, after deducting expenses relating to the follow-on equity offering, including the underwriters’ discounts and commissions.
+Added: Inclusive of this exercised option, net proceeds to us were approximately
+Added: $190 million, after deducting expenses relating to the follow-on equity offering, including the underwriters’ discounts and commissions.
We used the proceeds from the follow-on equity offering to repay the remaining $109 million outstanding balance of Term Loan A-1 at par on October 8, 2020, to repay $51.7 million of our Term Loan A-2 at par on October 15, 2020, and to repay $30.0 million of borrowings under the revolving credit facility.
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.