1 unchanged sentence
Our common shares have traded on the NASDAQ Global Select Market since April 29, 2010 under the symbol AOSL.
−Removed: As of July 31, 2019 , there were approximately 115 holders of record of our common shares, not including those shares held in street or nominee name.
+Added: As of July 31, 2020 , there were approximately 106 holders of record of our common shares, not including those shares held in a street or nominee name.
Dividend Policy
10 unchanged sentences
In September 2017, the Board of Directors approved a repurchase program (the “Repurchase Program”) that allowed the Company to repurchase its common shares from the open market pursuant to a pre-established Rule 10b5-1 trading plan or through privately negotiated transactions up to an aggregate of $30.0 million .
−Removed: The amount and timing of any repurchases under the Repurchase Program depend on a number of factors, including but not limited to, the trading price, volume and availability of the Company's common shares and the amount of available cash reserve.
+Added: The amount and timing of any repurchases under the Repurchase Program depend on a number of factors, including but not limited to, the trading price, volume and availability of the Company's common shares.
There is no guarantee that such repurchases under the Repurchase Program will enhance the value of our shares.
Shares repurchased under this program are accounted for as treasury shares and the total cost of shares repurchased is recorded as a reduction of shareholders' equity.
−Removed: During fiscal years 2019 , the Company repurchased an aggregate of 111,509 shares from the open market for a total cost of approximately $1.5 million, excluding fees and related expenses, at an average price of $13.43 per share.
During the fourth quarter of fiscal year 2020 , the Company did not repurchase any shares under the Repurchase Program.
11 unchanged sentences
Selling, general and administrative
−Removed: Impairment of long-lived assets
+Added: Impairment of privately-held investment
Total operating expenses
Operating income (loss)
−Removed: Interest income and other income (loss), net
−Removed: Interest expense
+Added: Interest expense and other income (loss), net
Income (loss) before income taxes
10 unchanged sentences
Current portion of bank borrowings
−Removed: Current portion of capital leases
+Added: Current portion of finance leases
Bank borrowings - long term
−Removed: Capital leases - long term
+Added: Finance leases - long term
Total Alpha and Omega Semiconductor Limited shareholders’ equity
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.