5 unchanged sentences
Th e number of holders of record is based upon the actual number of holders registered at such date and does not include holders of shares in "street names" or persons, partnerships, associates, corporations, or other entities identified in security position listings maintained by depositories.
−Removed: On March 17, 2020, we announced that we would reduce dividends for the first quarter of fiscal 2020 and thereafter discontinued paying dividends for the balance of fiscal 2020.
−Removed: The payment of dividends is subject to the ABL Revolver and Term Loan restrictions and is at the discretion of our Board of Directors, which considers our expectations of future earnings, cash flow, financial condition, capital requirements, changes in taxation laws, general economic condition and any other relevant factors.
+Added: The payment of dividends is subject to the restrictions imposed by the ABL Revolver and is at the discretion of our Board of Directors, which considers our expectations of future earnings, cash flow, financial condition, capital requirements, changes in taxation laws, general economic condition, and any other relevant factors.
SHARE REPURCHASE PROGRAM
−Removed: On August 17, 2017, the Board of Directors authorized the repurchase of an additional $500 million of Class A common shares under our share repurchase program, which was added to the $33.5 million remaining from the previous authorization.
−Removed: During fiscal 2020 , we did not repurchase any Class A common shares.
−Removed: The share repurchase program is subject to the ABL Revolver and Term Loan restrictions and may be suspended, modified or discontinued at any time, and we have no obligation to repurchase any amount of our common shares under the program.
+Added: On August 17, 2017, the Board of Directors authorized the repurchase of an additional $500 million of Class A common shares under our share repurchase program, which was added to the $33.5 million remaining from the previous authorization, with $334.9 million of Class A common shares that remain authorized for repurchase under the program as of January 29, 2022.
+Added: During 2021, we did not repurchase any Class A common shares.
+Added: The share repurchase program is subject to restrictions imposed by the ABL Revolver and may be suspended, modified, or discontinued at any time, and we have no obligation to repurchase any amount of our common shares under the program.
Any share repurchases will be completed in the open market at times and in amounts considered appropriate based on price and market conditions.
−Removed: The ABL Revolver and the Term Loan each contain customary covenants restricting our ability to pay dividends or repurchase stock.
−Removed: We are restricted from paying dividends or repurchasing stock until the third quarter of fiscal 2021 at the earliest, after which certain limitations apply.
−Removed: We currently do not anticipate paying dividends or repurchasing additional shares under our share repurchase program.
+Added: The ABL Revolver contains covenants restricting our ability to pay dividends or repurchase stock.
+Added: There are specific exceptions to these covenants including, in some cases, upon satisfying specified payment conditions.
+Added: As of March 14, 2022, we were limited in our ability to pay dividends or repurchase stock above a maximum of $63.1 million.
PERFORMANCE GRAPH
−Removed: The following graph compares our cumulative total shareholder return on our Class A common shares with the cumulative total returns of the Standard and Poor's ("S&P") MidCap 400 Index and the S&P MidCap 400 Retail Index, all of which are published indices.
+Added: The following graph compares our cumulative total shareholder return on our Class A common shares with the cumulative total returns of the Standard and Poor's ("S&P") MidCap 400 Index and the S&P MidCap 400 Retail Index, both of which are published indices.
The comparison of the cumulative total returns for each investment assumes that $100 was invested on January 28, 2017 and that all dividends were reinvested.
This comparison includes the period ended January 28, 2017 through the period ended January 29, 2022.
−Removed: Company / Index January 30, 2016 January 28, 2017 February 3, 2018 February 2, 2019 February 1, 2020 January 30, 2021
+Added: Company / Index January 28, 2017 February 3, 2018 February 2, 2019 February 1, 2020 January 30, 2021 January 29, 2022
Designer Brands Inc.
2 unchanged sentences
S&P MidCap 400 Retail Index $ 100.00 $ 101.40 $ 103.48 $ 102.42 $ 178.77 $ 181.07
−Removed: NOT APPLICABLE
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.