2 unchanged sentences
Our common stock has been quoted on the New York Stock Exchange (“NYSE”) under the symbol “ATEN.”
−Removed: We have never declared or paid any cash dividends on shares of our capital stock.
−Removed: We presently expect to retain the majority of our earnings to finance the expansion and development of our business and we do not have any present plans to pay cash dividends on our capital stock in the near future.
−Removed: Our board of directors will determine future dividends, if any.
+Added: In October 2021, our Board of Directors approved the initiation of a regular quarterly cash dividend on our common stock.
+Added: The first dividend, in the amount of $0.05 per share of common stock outstanding, was paid in December 2021, and the second dividend, in the amount of $0.05 per share of common stock outstanding, was paid on March 1, 2022 as a return of capital.
+Added: We currently anticipate that we will continue to pay comparable quarterly cash dividends in the future.
+Added: However, the payment, amount and timing of future dividends remain within the discretion of our Board and will depend upon our results of operations, financial condition, cash requirements, and other factors.
There were approximately 80 stockholders of record on February 28, 2022.
5 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: On September 17, 2020, the Company issued a press release announcing that the Company’s Board of Directors had approved a stock repurchase program of up to $50 million of its common stock over a period of twelve months.
+Added: On September 17, 2020, the Company’s Board of Directors authorized a stock repurchase program of up to $50 million of its common stock over a period of twelve months.
+Added: This repurchase program was active for twelve months and expired in the second half of 2021.
+Added: On October 28, 2021, the Company issued a press release announcing that its Board of Directors had authorized a stock repurchase program of up to $100 million of its common stock over a period of twelve months.
To date, all repurchases under this program have occurred in the open market.
Share repurchase activity during the three months ended December 31, 2021 was as follows (in thousands, except per share amounts):
−Removed: Periods Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (1)
+Added: Periods Total Number of Shares Purchased Average Price Paid Per Share (1)
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (2)
October 1 - 31, 2021 — $ — —
2 unchanged sentences
Total 469 $ 92,946
−Removed: (1) The $30.8 million in the table represents the amount available to repurchase shares under the authorized repurchase program as of December 31, 2020.
+Added: (1) Average price paid per share includes broker commission fees.
+Added: (2) The $92.9 million in the table above represents the amount available to repurchase shares under the authorized repurchase program as of December 31, 2021.
The Company’s stock repurchase program does not obligate it to acquire any specific number of shares.
1 unchanged sentence
Unregistered Sales of Equity Securities
−Removed: Selected Financial Data
−Removed: We have derived the consolidated statement of operations data for the years ended December 31, 2020, 2019 and 2018 and the selected consolidated balance sheet data as of December 31, 2020 and 2019 from our audited consolidated financial statements that are included in this Form 10-K.
−Removed: The following selected consolidated statement of operations data for the years ended December 31, 2017 and 2016 and the selected consolidated balance sheet data as of December 31, 2018, 2017 and 2016 are derived from our audited consolidated financial statements that are not included in this report.
−Removed: Our historical operating results are not necessarily indicative of future operating results, these selected consolidated financial data should be read in conjunction with the consolidated financial statements and accompanying notes in Part II, Item 8, and Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7 included in this report.
−Removed: The amounts as of and for the years ended December 31, 2020, 2019 and 2018 have been prepared based on our adoption of Accounting Standards Codification (“ASC”) No.
−Removed: 606, Contracts with Customers .
−Removed: We elected to adopt this accounting standard on a modified retrospective basis which resulted in the impact of adoption being recorded as of January 1, 2018.
−Removed: The amounts in years 2017 and 2016 in the tables below have been prepared on the previously outstanding guidance on revenue recognition.
−Removed: We have disclosed the ASC 606 adoption impact on our revenue recognition in Note 2 of the audited consolidated financial statements included in Part II, Item 8 of this report.
−Removed: The amounts as of and for the years ended December 31, 2020 and 2019 have been prepared based on our adoption of ASC No.
−Removed: 842, Leases .
−Removed: We adopted this accounting standard on a modified retrospective basis which resulted in the impact of adoption being recorded as of January 1, 2019.
−Removed: The amounts in all other years, other than 2020 and 2019, in the tables below have been prepared on the previously outstanding guidance on leases.
−Removed: We have disclosed the ASC 842 adoption impact on our right-of-use assets and lease liabilities in Note 5 Leases, of the audited consolidated financial statements included in Part II, Item 8 of this report.
−Removed: Years Ended December 31,
−Removed: (in thousands, except per share amounts) 2020 2019 2018 2017 2016
−Removed: Consolidated Statement of Operations Data:
−Removed: Revenue $ 225,527 $ 212,628 $ 232,223 $ 235,429 $ 227,297
−Removed: Cost of revenue $ 50,148 $ 48,881 $ 51,896 $ 53,318 $ 54,413
−Removed: Gross profit $ 175,379 $ 163,747 $ 180,327 $ 182,111 $ 172,884
−Removed: Income (loss) from operations $ 17,733 $ (17,094) $ (27,679) $ (10,372) $ (20,570)
−Removed: Net income (loss) $ 17,816 $ (17,819) $ (27,617) $ (10,751) $ (22,391)
−Removed: Net income (loss) per share:
−Removed: Basic $ 0.23 $ (0.23) $ (0.38) $ (0.15) $ (0.34)
−Removed: Diluted $ 0.22 $ (0.23) $ (0.38) $ (0.15) $ (0.34)
−Removed: Weighted-average shares used in computing net income (loss) per share:
−Removed: Basic 77,776 76,080 72,882 70,053 65,701
−Removed: Diluted 80,019 76,080 72,882 70,053 65,701
−Removed: Consolidated Balance Sheet Data:
−Removed: Cash, cash equivalents and marketable securities $ 158,132 $ 129,922 $ 128,375 $ 131,134 $ 114,347
−Removed: Working capital $ 134,523 $ 123,358 $ 117,572 $ 111,076 $ 95,285
−Removed: Total assets $ 290,811 $ 274,053 $ 235,876 $ 224,858 $ 216,733
−Removed: Deferred revenue (current and non-current) $ 108,699 $ 101,164 $ 97,966 $ 94,637 $ 91,617
−Removed: Total stockholders’ equity $ 115,974 $ 108,787 $ 103,883 $ 98,386 $ 82,752
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.