3 unchanged sentences
As of February 10, 2021, there were approximately 2,420 shareholders of record.
−Removed: All share and per share amounts presented were retroactively adjusted to reflect the Stock Split for shareholders of record on January 11, 2019 and with an effective date of January 25, 2019.
−Removed: The Company's stock began trading at the split adjusted price on January 28, 2019.
Since joining The Nasdaq Global Select Market in 1993, we have declared and paid cash dividends on an annual basis at the discretion of our Board of Directors.
9 unchanged sentences
(1) On October 30, 2018, the Board of Directors of the Company approved a new common stock repurchase program of up to $300.0 million inclusive of any remaining authorization under the prior program.
−Removed: The prior $250.0 million program was authorized in April 2017 and had unused authorization of $78.3 million.
−Removed: Repurchases may be made at management’s discretion from time to time on the open market (either with or without a 10b5-1 plan) or through privately negotiated transactions.
+Added: The repurchase program has $147.1 million of repurchase authorization remaining that can be used to repurchase shares under plans or programs.
The repurchase program has no time limit and may be suspended or discontinued at any time.
13 unchanged sentences
Years Ended December 31,
−Removed: (In millions, except per common share data) 2019 (a)(e)
−Removed: 2018 (b)(e)(f)
−Removed: 2017 (c)(e)(f)
−Removed: 2016 (d)(e)(f)
+Added: (In millions, except per common share data) 2020 (a)(f)
+Added: 2019 (b)(f)(g)
+Added: 2018 (c)(f)(g)
+Added: 2017 (d)(f)(g)
+Added: 2016 (e)(f)(g)
Net revenue $ 1,054.0 $ 1,329.7 $ 1,009.0 $ 882.6 $ 822.4
2 unchanged sentences
(Loss) income from discontinued operations, net of tax (95.4) (2.4) 170.2 18.1 11.4
−Removed: Net income attributable to CDI 137.5 352.8 140.5 108.1 65.2
+Added: Net (loss) income attributable to Churchill Downs Incorporated (81.9) 137.5 352.8 140.5 108.1
Net income from continuing operations per common share:
14 unchanged sentences
The selected financial data presented above is subject to the following information:
−Removed: (a) 2019 includes:
−Removed: – the results from the dates of acquisition through December 31, 2019 for Presque Isle, Lady Luck Nemacolin, Turfway Park, and the equity investment in Rivers Des Plaines;
+Added: (a) 2020 reflects the impact of the closure of certain properties for different portions of the year as a result of the COVID-19 global pandemic had on the Company's operations.
+Added: 2020 also includes a $17.5 million impairment of intangible assets.
+Added: (b) 2019 includes:
+Added: – the results from the dates of acquisition through December 31, 2019 for Presque Isle, Lady Luck Nemacolin, Turfway Park, and the equity investment in Rivers Des Plaines, and
– $10.0 million accelerated amortization of the purchase and sale rights related to the Turfway Park Acquisition.
−Removed: (b) 2018 includes the $54.9 million pre-tax gain on the Ocean Downs/Saratoga Transaction and the consolidated results of Ocean Downs after August 31, 2018.
−Removed: (c) 2017 includes a $21.7 million impairment of tangible and intangible assets and a $20.7 million loss on extinguishment of debt.
+Added: (c) 2018 includes the $54.9 million pre-tax gain on the Ocean Downs/Saratoga Transaction and the consolidated results of Ocean Downs after August 31, 2018.
+Added: (d) 2017 includes a $21.7 million impairment of tangible and intangible assets and a $20.7 million loss on extinguishment of debt.
2017 also includes a $57.7 million income tax benefit resulting primarily from the re-measurement of our net deferred tax liabilities as a result of the Tax Cuts and Jobs Acts ("Tax Act").
−Removed: (d) 2016 includes a $23.7 million gain on Calder land sale.
−Removed: (e) Big Fish Games is accounted for as discontinued operations from the date of acquisition on December 16, 2014 through December 31, 2019 as a result of the Big Fish Transaction.
−Removed: (f) All per share amounts presented were retroactively adjusted to reflect the Stock Split for shareholders of record on January 11, 2019 and with an effective date of January 25, 2019.
+Added: (e) 2016 includes a $23.7 million gain on Calder land sale.
+Added: (f) Big Fish Games is accounted for as discontinued operations from the date of acquisition on December 16, 2014 through December 31, 2020 as a result of the Big Fish Transaction.
+Added: (g) All per share amounts presented were retroactively adjusted to reflect the Stock Split for shareholders of record on January 11, 2019 and with an effective date of January 25, 2019.
CHDN stock began trading at the split adjusted price on January 28, 2019.
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.