3 unchanged sentences
As of January 25, 2022, there were approximately 38 stockholders of record of our common stock.
−Removed: During the years ended December 31, 2020 and 2019, we did not declare or pay any dividends.
−Removed: The agreements governing our indebtedness, including our revolving line of credit and the indentures that govern our senior notes, limit our ability to pay dividends.
+Added: In May 2021, our Board of Directors announced the approval of the initiation of a quarterly cash dividend, and during the year ended December 31, 2021, we paid a quarterly cash dividend of $0.15 per share beginning with the second quarter of 2021, and aggregate cash dividends of $0.45 per share to holders of record of our common stock.
+Added: The declaration and payment of future dividends are at the discretion of our Board of Directors and will depend on many factors, including our results of operations and financial condition, our capital requirements, and contractual limitations.
+Added: The agreements governing our indebtedness, including our revolving line of credit and the indentures that govern our senior notes, limit our ability to pay dividends and restrict the amount of dividends we may pay.
+Added: During the year ended December 31, 2020, we did not declare or pay any dividends.
Issuer Purchases of Equity Securities
5 unchanged sentences
Stock Performance Graph
−Removed: The graph below compares the cumulative total return of our common stock, the S&P 500 Index, the Dow Jones US Home Construction Index, and peer group companies for the periods from December 31, 2015 to December 31, 2020.
−Removed: It is assumed in the graph that $100 was invested in each of (1) our common stock;
−Removed: (2) the stocks of the companies in the Standard & Poor’s 500 Stock Index;
−Removed: (3) the stocks of the Dow Jones U.S.
−Removed: Home Construction Index;
−Removed: and (4) the stocks of the peer group companies, just prior to the commencement of the period and that all dividends received within a quarter were reinvested in that quarter.
−Removed: The peer group index is composed of the following companies:
−Removed: Beazer Homes USA, Inc., M/I Homes, Inc., M.D.C.
−Removed: Holdings, Inc., and Tri Pointe Homes, Inc.
+Added: The following stock performance graph compares the cumulative total shareholder return (assuming reinvestment of dividends) on $100 invested in each of our common stock, the S&P 500, a peer group of four homebuilding companies similar to Century that was presented in the stock performance graph last year, and a broader industry peer group for the five-year period from December 31, 2016 to December 31, 2021.
+Added: Century believes the broader industry peer group is more representative of a group similar to Century.
+Added: The former peer group of four homebuilding companies includes:
+Added: Beazer Homes USA, Inc.
+Added: Holdings, M/I Homes, Inc.
+Added: and Tri Pointe Homes, Inc.
+Added: The broader industry peer group includes the following companies:
+Added: Beazer Homes USA, Inc., Hovanian Enterprises, Inc., KB Home, LGI Homes, Inc., M.D.C.
+Added: Holdings, Inc., M/I Homes, Inc., Meritage Home Corporation, Taylor Morrison Home Corporation, and Tri Pointe Homes, Inc .
The stock price performance shown on the following graph is not indicative of future price performance.
Comparison of Cumulative Total Return from December 31, 2016 to December 31, 2021
−Removed: SELECTED FINANCIAL DATA.
−Removed: The data in this table should be read in conjunction with “Item 7.
−Removed: Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes thereto, which are included in “Item 8.
−Removed: Consolidated Financial Statements.”
−Removed: (in thousands, except per share amounts)
−Removed: Year Ended December 31,
−Removed: Consolidated Statements of Operations:
−Removed: Total revenues
−Removed: Income before income tax expense
−Removed: Basic earnings per share
−Removed: Diluted earnings per share
−Removed: Balance Sheet Data (end of period):
−Removed: Cash and cash equivalents
−Removed: Total liabilities
−Removed: Total stockholders'
−Removed: Other Operating Information (dollars in thousands):
−Removed: Number of homes delivered
−Removed: Average sales price of homes delivered
−Removed: Backlog at end of period, number of homes
−Removed: Backlog at end of period, aggregate sales value
−Removed: Average sales price of homes in backlog
−Removed: Net new home contracts
−Removed: Selling communities at period end (1)
−Removed: (1) The selling communities at period end for 2019 and 2018 have been adjusted from prior year presentations to reflect selling communities in our Century Complete segment of 95 and 81, respectively, which business was acquired in 2018, and for which selling communities were previously not disclosed.
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.