1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The following table provides information regarding our repurchases of common stock during the three months ended March 31, 2024:
+Added: The following table provides information regarding our repurchases of common stock during the three months ended June 30, 2024:
Period Total Number of
5 unchanged sentences
Purchased Under the Program
−Removed: January 1, 2024 through January 31, 2024 1,055,355 $ 30.48 1,055,355 $ 140,248,000
−Removed: February 1, 2024 through February 29, 2024 1,044,146 (1) 29.34 1,005,078 109,349,000
−Removed: March 1, 2024 through March 31, 2024 65,505 (1) 32.13 — 109,349,000
+Added: April 1, 2024 through April 30, 2024 1,000,000 $ 32.97 1,000,000 $ 76,382,000
+Added: May 1, 2024 through May 31, 2024 106,927 (1) 35.40 71,059 73,885,000
+Added: June 1, 2024 through June 30, 2024 661,296 (1) 36.16 611,728 380,289,000
Total 1,768,223 $ 34.31 1,682,787
1 unchanged sentence
Under each arrangement, shares are issued without direct cost to the employee.
−Removed: During the three months ended March 31, 2024, 292,250 shares of RSUs vested.
+Added: During the three months ended June 30, 2024, 332,237 shares of RSUs vested.
We withheld 85,499 of those shares to pay the employees’ portion of the applicable minimum payroll withholding.
In 2005, our board approved a stock repurchase program authorizing us, as market and business conditions warrant, to acquire our common stock and periodically authorize additional funds for the program, with the intention of using existing cash and cash equivalents to fund these repurchases.
−Removed: In February 2023, the board approved the repurchase of the Company's common stock of up to $200.0 million, in place of the remaining purchase amounts previously authorized.
−Removed: As of March 31, 2024, the maximum remaining amount authorized for purchase under the stock repurchase program was approximately $109.3 million.
+Added: In June 2024, the board approved the repurchase of the Company's common stock of up to $400.0 million, in place of the remaining purchase amounts previously authorized.
+Added: As of June 30, 2024, the maximum remaining amount authorized for purchase under the stock repurchase program was approximately $380.3 million.
There is no guarantee as to the exact number of shares we will repurchase.
2 unchanged sentences
Under our Rule 10b5-1 plan, we have delegated authority over the timing and amount of repurchases to an independent broker who does not have access to inside information about the Company.
−Removed: Rule 10b5-1 allows us, through the independent broker, to purchase shares at times when we ordinarily would not be in the market because of self-imposed trading blackout periods, such as the time immediately preceding the end of the fiscal quarter through a period of three business days following our quarterly earnings release.
+Added: Rule 10b5-1 allows us, through the independent broker, to purchase shares at times when we ordinarily would not be in the market because of self-imposed trading blackout periods, such as the time immediately preceding the end of the fiscal quarter through a period of two business days following our quarterly earnings release.
DEFAULTS UPON SENIOR SECURITIES
3 unchanged sentences
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.