4 unchanged sentences
The payment of dividends to Company stockholders is subject to the discretion of the Board, and various factors may prevent us from paying dividends.
−Removed: Such factors include Company cash requirements, covenants of our credit agreement dated November 22, 2022, by and among the Company, Bank of America, N.A., as administrative agent, swing line lender and letter of credit issuer, and the guarantors party thereto (the "Credit Agreement"), and liquidity or other requirements of state, corporate and other laws.
+Added: Such factors include Company cash requirements, covenants of our amended and restated credit agreement dated November 12, 2024, by and among the Company, Bank of America, N.A., as administrative agent, swing line lender and letter of credit issuer, and the guarantors party thereto (the "Credit Agreement"), and liquidity or other requirements of state, corporate and other laws.
Issuer Purchases of Equity Securities
−Removed: On May 25, 2022, the Board approved a $100 million stock repurchase program that may be used to purchase its outstanding common stock.
−Removed: On January 30, 2024, the Board approved another $100 million stock repurchase program under the same terms as the previous plans.
+Added: As announced on February 1, 2024, October 31, 2024, and May 22, 2025 the Board approved $100 million, $100 million, $150 million for the stock repurchase program, respectively, under the same terms as previous plans.
The repurchase programs are funded using our available cash.
11 unchanged sentences
72,300 72,300
+Added: 1 The stock repurchase plan announced on February 1, 2024 approved $100 million stock.
+Added: There are no funds remaining as of March 29, 2025 from this approval.
+Added: The stock repurchase plan announced on October 31, 2024 approved $100 million stock.
+Added: The stock repurchase plan announced on May 22, 2025 approved $150 million stock.
+Added: None of the plans have expiration dates.
Performance Graph
9 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.