10 unchanged sentences
PURCHASES OF EQUITY SECURITIES BY THE ISSUER
−Removed: On February 25, 2016, our Board approved a share repurchase program authorizing us to purchase up to an aggregate of $25.0 million of our common stock in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
−Removed: On October 25, 2017, our Board approved a $15.0 million increase in its authorization for repurchases bringing the total authorized repurchase amount to $40.0 million .
−Removed: On July 31, 2019, our Board approved an additional $25.0 million for repurchases of our common stock in accordance with the Exchange Act.
During the year ended December 31, 2018, we repurchased 1,101,969 shares of common stock for a total cost of $17.7 million at an average cost of $16.03 per share pursuant to our share repurchase program.
−Removed: During the year ended December 31, 2018 , we repurchased 1,101,969 shares of common stock for a total cost of approximately $17.7 million at an average cost of $16.03 per share pursuant to our share repurchase program.
+Added: On July 31, 2019, our Board approved an additional $25.0 million under our share repurchase program in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
During the year ended December 31, 2019, we repurchased 400,000 shares of common stock for a total cost of $7.8 million at an average cost of $19.39 per share pursuant to our share repurchase program.
−Removed: Our shares were purchased in the open market.
−Removed: Purchases were at times and in amounts as management determined appropriate based on factors such as market conditions, legal requirements and other business considerations.
+Added: Our shares were purchased in the open market at times and in amounts as management determined appropriate based on factors such as market conditions, legal requirements and other business considerations.
Shares purchased pursuant to the repurchase program are currently held as treasury shares.
+Added: During the year ended December 31, 2020, we did not repurchase any common shares.
At December 31, 2020, we had approximately $25.6 million available for repurchase under our share repurchase program.
The following table sets forth certain information with respect to repurchases of our common stock during the quarter ended December 31, 2020:
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid Per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Program
−Removed: Dollar Value of Shares That May Yet Be Purchased Under the Program (1)
+Added: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program Dollar Value of Shares That May Yet Be Purchased Under the Program (1)
October 1, 2020 - October 31, 2020 — $ — — $ 25,601,446
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(1) See the first paragraph under the caption “ Purchases of Equity Securities by the Issuer ” for more information on our publicly announced share repurchase program.
−Removed: The following graph compares the cumulative 5-year total return provided to shareholders on our common stock relative to the cumulative total returns of the Russell 3000 Index, and a customized peer group of two companies that includes SCI and StoneMor.
−Removed: The returns of each member of the peer group are weighted according to each member’s stock market capitalization as of the beginning of each period measured.
+Added: The following graph compares the cumulative 5-year total shareholder return on our common stock relative to the cumulative total returns of the Russell 3000 Index, and a peer group selected by the Company comprising SCI and StoneMor (the “Peer Group”).
+Added: The returns of each member of the Peer Group are weighted according to their respective stock market capitalization as of the beginning of each period measured.
The graph assumes that the value of the investment in our common stock, the Russell 3000 Index and the peer group was $100 on the last trading day of December 2015, and that all dividends were reinvested.
Performance data for Carriage, the Russell 3000 Index and the Peer Group is provided as of the last trading day of each of our last five fiscal years.
−Removed: The following graph and related information shall not be deemed “soliciting material” or “filed” with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, each as amended, except to the extent that we specifically incorporate it by reference.
+Added: The following graph and related information shall not be deemed “soliciting material” or “filed” with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933, as amended, or the Securities Exchange Act except to the extent that we specifically incorporate it by reference.
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN (1)
−Removed: Among Carriage Services, Inc., the Russell 3000 Index and a Peer Group
+Added: Among Carriage, the Russell 3000 Index and the Peer Group
+Added: 12/15 12/16 12/17 12/18 12/19 12/20
Carriage Services, Inc.
+Added: $ 100.00 $ 119.60 $ 108.32 $ 66.18 $ 110.86 $ 137.73
+Added: Russell 3000 100.00 112.72 136.53 129.37 169.48 204.86
+Added: Peer Group 100.00 107.22 144.69 161.61 188.39 199.24
(1) Fiscal year ending December 31.
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Peer Group above includes SCI and StoneMor.
−Removed: Park Lawn is publicly listed on the Toronto Stock Exchange, which is quoted in Canadian Dollars and is excluded from the graph above.
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
SELECTED FINANCIAL DATA.
−Removed: The table below sets forth selected consolidated financial information for us that has been derived from the audited Consolidated Financial Statements of the Company as of and for each of the years ended December 31, 2015, 2016, 2017 , 2018 and 2019 .
−Removed: These historical results are not indicative of our future performance.
−Removed: This historical financial data should be read together with the “Management's Discussion and Analysis of Financial Condition and Results of Operations” included in this Form 10-K and our Consolidated Financial Statements and notes thereto included elsewhere in this Form 10-K.
−Removed: Years ended December 31,
−Removed: (dollars in thousands, except per share amounts)
−Removed: INCOME STATEMENT DATA:
−Removed: Operating income
−Removed: Income before income taxes
−Removed: Net income attributable to common shareholders
−Removed: Basic earnings per common share
−Removed: Diluted earnings per common share
−Removed: Dividends declared per common share
−Removed: Weighted average number of common and common equivalent shares outstanding:
−Removed: BALANCE SHEET DATA:
−Removed: Long-term debt and credit facility, net of current maturities
−Removed: Convertible subordinated notes due 2021
−Removed: Senior notes due 2026
−Removed: Stockholders’ equity
+Added: Omitted pursuant to amendments to Item 301 of Regulations S-K effective February 10, 2021.
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.