21 unchanged sentences
Water Tower Research – Budd Bugatch, CFA
−Removed: Stonegate Capital Partners, Inc.
−Removed: – Marco Rodriguez, CFA
Dividends and Share Repurchases;
3 unchanged sentences
of Shares that
−Removed: February 1, 2021 to March 7, 2021
+Added: January 31, 2022 to March 6, 2022
March 7, 2022 to April 3, 2022
April 4, 2022 to May 1, 2022
−Removed: On March 4, 2020, the board of directors approved an authorization for us to acquire up to $5.0 million of our common stock.
−Removed: As part of our comprehensive response to the COVID-19 pandemic, we announced on April 3, 2020, that our board of directors temporarily suspended the share repurchase program given the ongoing economic disruption and uncertainty.
−Removed: On March 2, 2021, our board of directors reinstated the share repurchase program.
−Removed: On July 15, 2021, our board of directors approved a regular quarterly cash dividend of $0.11 per share.
−Removed: This payment will be made on July 16, 2021, to shareholders of record as of July 9, 2021.
−Removed: During fiscal 2021, dividend payments totaled $5.3 million, which represented quarterly dividend payments ranging from $0.105 to $0.11 per share.
−Removed: During fiscal 2020, dividend payments totaled $5.1 million, which represented quarterly dividend payments ranging from $0.10 to $0.105 per share.
−Removed: During fiscal 2019, dividend payments totaled $4.7 million, which represented quarterly cash dividend payments ranging from $0.09 to $0.10 per share.
−Removed: Our board of directors has sole authority to determine if and when we will declare future dividends and on what terms.
−Removed: Future dividend payments will depend on our earnings, capital requirements, financial condition, excess availability under our lines of credit, market and economic conditions, and other factors we consider relevant.
+Added: In March 2020, our board of directors approved an authorization for us to acquire up to $5.0 million of our common stock.
+Added: On June 29, 2022, our board of directors announced the decision to suspend the company’s quarterly cash dividend.
+Added: Considering the current and expected macroeconomic conditions, we believe that preserving capital and managing our liquidity is in the company’s best interest to support future growth and the long-term interests of our shareholders.
+Added: During fiscal 2022, dividend payments totaled $5.5 million, which represented quarterly dividend payments ranging from $0.11 per share to $0.115 per share.
+Added: During fiscal 2021, dividend payments totaled $5.3 million, which represented quarterly dividend payments ranging from $0.105 per share to $0.11 per share.
+Added: During fiscal 2020, dividend payments totaled $5.1 million, which represented quarterly cash dividend payments ranging from $0.10 per share to $0.105 per share.
Sales of Unregistered Securities
3 unchanged sentences
The graph assumes an initial investment of $100 at the end of fiscal 2017 and the reinvestment of all dividends during the periods identified.
−Removed: SELECTED FINANCIAL DATA
−Removed: The Company has elected to early adopt the amendment to Item 301 of Regulation S-K and is no longer required to provide the information required by Item 6 of Form 10-K.
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.