−Removed: Item 5 Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
The Company had 393 common shareholders of record at March 8, 2021.
1 unchanged sentence
The Company's credit agreement restricts the payment of dividends indirectly through a minimum fixed charge coverage covenant.
−Removed: No dividends were declared or paid in 2019.
−Removed: The Company paid a $0.25 cash dividend on December 12, 2018 and a $0.13 cash dividend on November 6, 2017.
+Added: No dividends were declared or paid in 2020 or 2019.
The prices shown below are the high and low sales prices for the common stock for each full quarterly period in the last two fiscal years as quoted on the NASDAQ Global Market.
+Added: Quarter High Low High Low
+Added: 1st $ 14.25 $ 8.33 $ 16.80 $ 12.45
+Added: 2nd 10.60 6.51 19.65 14.00
+Added: 3rd 8.48 5.52 17.17 15.28
+Added: 4th 8.14 3.81 16.02 11.45
The information required by Item 201(d) of Regulation S-K is set forth in Part III, Item 12 of this Annual Report on Form 10-K.
3 unchanged sentences
Comparison of 5 Year Cumulative Total Return Graph
+Added: 12/15 12/16 12/17 12/18 12/19 12/20
Synalloy Corporation $ 100.00 $ 159.16 $ 196.49 $ 247.02 $ 192.23 $ 116.14
+Added: Russell 2000 100.00 121.31 139.08 123.76 155.35 186.36
NASDAQ Non-Financial 100.00 107.53 141.01 137.21 187.89 276.01
1 unchanged sentence
Unregistered Sales of Equity Securities
−Removed: Pursuant to the compensation arrangement with directors discussed under Item 12 "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters" in this Form 10-K, on May 16, 2019, the Company issued an aggregate of 15,909 shares of restricted stock to non-employee directors in lieu of $304,000 of their annual cash retainer fees.
+Added: Pursuant to the compensation arrangement with directors discussed under Item 12 "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters" in this Form 10-K, in 2020, the Company issued an aggregate of 43,063 shares of restricted stock to non-employee directors in lieu of $345,000 of their annual cash retainer fees.
Issuance of these shares was not registered under the Securities Act of 1933 based on the exemption provided by Section 4(a)(2) thereof because no public offering was involved.
2 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: Neither the Company, nor any affiliated purchaser (as defined in Rule 10b-18(a)(3) of the 1934 Act) on behalf of the Company repurchased any of the Company's securities during the year ended December 31, 2019.
+Added: The following table sets forth information with respect to purchases of the Company's common stock in fiscal 2020:
+Added: Total Number of Shares Purchased Average Price per Share Total Number of Shares Purchased as Part of Publicly Announced Program (1)
+Added: Number of Shares that may Yet Be Purchased under the Program (1)
+Added: January 1, 2020 - January 31, 2020 — $ — — 850,000
+Added: February 1, 2020 - February 29, 2020 — $ — — 850,000
+Added: March 1, 2020 - March 31, 2020 59,617 $ 10.65 59,617 790,383
+Added: Total 59,617 $ 10.65 59,617 790,383
+Added: (1) Pursuant to the 850,000 share stock repurchase program authorized by the Board of Directors in February 2019.
+Added: The stock repurchase program expires in 24 months from authorization, and there is no guarantee to the exact number of shares that will be repurchased by the Company over that period.
+Added: For additional information, see Note 16 in the notes to the consolidated financial statements included in Item 8 of this Form.
Selected Financial Data
−Removed: The selected financial data presented below should be read in conjunction with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and our consolidated financial statements (including the related notes thereto) contained elsewhere in this report.
−Removed: (Dollar amounts in thousands, except per share data)
−Removed: Selling, general & administrative expense
−Removed: Goodwill impairment
−Removed: Operating (loss) income
−Removed: Net (loss) income - continuing operations
−Removed: Net (loss) - discontinued operations
−Removed: Net (loss) income
−Removed: Financial Position
−Removed: Working capital
−Removed: Long-term debt, less current portion
−Removed: Shareholders' equity
−Removed: Financial Ratios
−Removed: Current ratio
−Removed: Gross profit to net sales
−Removed: Long-term debt to capital
−Removed: Return on average assets
−Removed: Return on average equity
−Removed: Per Share Data (Loss)/Income) – Diluted)
−Removed: Net (loss) income - continuing operations
−Removed: Net (loss) - discontinued operations
−Removed: Net (loss) income
−Removed: Dividends declared and paid
−Removed: Depreciation and amortization
−Removed: Capital expenditures
−Removed: Employees at year end
−Removed: Shareholders of record at year end
−Removed: Average shares outstanding - diluted
−Removed: Price range of common stock
+Added: We are a smaller reporting company as defined in Rule 12b-2 of the Exchange Act;
+Added: therefore, pursuant to Item 301(c) of Regulation S-K, we are not required to provide the information required by this Item.
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.