4 unchanged sentences
In October 2018, the Company's Board of Directors authorized the repurchase of $200,000,000 of the Company's common stock.
−Removed: Under this October 2018 program, in addition to repurchases made in prior years, the Company repurchased 1,215,000 shares at a cost of $51,036,000 in 2020, and 957,000 shares at a cost of $78,652,000 in 2021, which completed purchases under the October 2018 program.
−Removed: On March 12, 2020, the Company's Board of Directors authorized the repurchase of an additional $200,000,000 of the Company's common stock.
+Added: Under this October 2018 program, in addition to repurchases made in prior years, the Company repurchased 957,000 shares at a cost of $78,652,000 in 2021, which completed purchases under the October 2018 program.
+Added: In March 2020, the Company's Board of Directors authorized the repurchase of an additional $200,000,000 of the Company's common stock.
Under this March 2020 program, the Company repurchased 1,060,000 shares, including 5,000 shares that were repurchased in 2021 and settled in 2022, at a cost of $83,000,000 in 2021, and 1,677,000 shares at a cost of $117,000,000 in 2022, which completed purchases under the March 2020 program.
−Removed: On March 3, 2022, the Company's Board of Directors authorized the repurchase of an additional $500,000,000 of the Company's common stock.
−Removed: Under this March 2022 program, the Company repurchased 1,682,000 shares at a total cost of $87,314,000 in 2022, leaving a remaining balance of $412,686,000.
+Added: In March 2022, the Company's Board of Directors authorized the repurchase of an additional $500,000,000 of the Company's common stock.
+Added: Under this March 2022 program, the Company repurchased 1,682,000 shares at a cost of $87,314,000 in 2022 and 1,723,000 shares at a cost of $79,794,000 in 2023, including $446,000 of buyback Excise Tax in accordance with the Inflation Reduction Act of 2022, leaving a remaining balance of $332,892,000.
The Company may repurchase shares under this program in future periods depending on a variety of factors, including, among other things, the impact of dilution from employee stock awards, stock price, share availability, and cash requirements.
15 unchanged sentences
Total 566,000 $ 35.57 566,000 $ 332,892,000
+Added: (1) Includes $446,000 of buyback Excise Tax in accordance with the Inflation Reduction Act of 2022.
The information required by Item 5 of Form 10-K regarding equity compensation plans is incorporated herein by reference to Item 12 of Part III of this Annual Report.
1 unchanged sentence
The dividend was increased to $0.075 per share in the fourth quarter of 2023.
−Removed: Also, in the fourth quarter of 2020, an additional special cash dividend of $2.00 per share was declared and paid.
−Removed: Total dividends paid were $45,921,000 in 2022, $43,263,000 in 2021, and $390,508,000 in 2020, which included $351,428,000 paid for the special cash dividend.
+Added: Total dividends paid were $49,079,000 in 2023, $45,921,000 in 2022, and $43,263,000 in 2021.
Future dividends will be declared at the discretion of the Company's Board of Directors and will depend on such factors as the Board deems relevant, including, among other things, the Company's ability to generate positive cash flow from operations.
15 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.