7 unchanged sentences
We have not declared or paid any cash dividends on our stock as a public company.
−Removed: We currently anticipate that all future earnings will be retained by the Company to support our long-term growth strategy.
Accordingly, we do not anticipate paying periodic cash dividends on our stock for the foreseeable future.
Furthermore, our Credit Agreement restricts the amount of cash dividends that we can pay.
−Removed: The payment of any future dividends will be at the discretion of our board of directors and subject to the Credit Agreement and will depend upon, among other things, future earnings, operations, capital requirements, our general financial condition,
−Removed: compliance with covenants under any then-existing financing agreements, contractual restrictions and general business conditions.
+Added: The payment of any future dividends will be at the discretion of our board of directors and subject to the Credit Agreement and will depend upon, among other things, future earnings, operations, capital requirements, our general financial condition, compliance with covenants under any then-existing financing agreements, contractual restrictions and general business conditions.
Purchases of Equity Securities by the Issuer
1 unchanged sentence
The following table summarizes the stock repurchase plans approved by the board of directors over the past three fiscal years:
+Added: November 2025 to November 2026 (1)
+Added: February 2025 to October 2025 (2)
February 2023 to February 2024 (3)
February 2022 to February 2023 (4)
−Removed: February 2021 to June 2022 (3)
−Removed: Approval Date February 2023 February 2022 February 2021
−Removed: Authorized Repurchase Amount of Common Stock $10 million $15 million $20 million
+Added: Approval Date November 2025 February 2025 February 2023 February 2022
+Added: Authorized Repurchase Amount of Common Stock $5 million $5 million $10 million $15 million
+Added: (1) During November 2025, the Company announced that its Board approved a new stock repurchase program that permits the purchase of up to $5.0 million of Company's common stock through November 2026.
+Added: This stock repurchase program was completed in January 2026 with a total of 2.9 million shares
+Added: purchased for $5.0 million.
+Added: (2) During October 2025, the stock repurchase program approved in February 2025 was completed with a total of 2.1 million shares purchased for $5.0 million.
(3) During February 2024, the stock repurchase program approved in February 2023 expired with a total of 1.4 million shares purchased for $5.2 million.
(4) During February 2023, the stock repurchase program approved in February 2022 expired with a total of 2.6 million shares purchased for $14.7 million.
−Removed: (3) During the second quarter of 2021, the Company ended its $8 million stock repurchase program approved in February 2021 and allowed for the purchase of an additional $12.0 million of our common stock through June 2022, bringing total authorized purchases under the plan to $20.0 million.
−Removed: During the first quarter of 2022, the Company completed its purchases under the plan, which consisted of approximately 4.4 million shares for $20.0 million, effectively ending the plan prior to its original expiration date.
+Added: In February 2026, the Company announced that its Board of Directors approved a stock repurchase program pursuant to which the Company may repurchase up to $10 million of its common stock through February 2027.
Under each plan, management has discretion in determining the conditions under which shares may be purchased from time to time.
−Removed: Subsequent to December 31, 2024, the Company's Board of directors announced a new stock repurchase program that permits the repurchase of up to $5 million of the Company's common stock through February 2026.
During the three months ended December 31, 2025, purchases of our common stock pursuant to the Stock Repurchase Plans were as follows:
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[2] Average price paid per share for shares purchased as part of a publicly announced plan or program, as applicable, includes costs associated with the repurchases.
−Removed: [3] On January 21, 2025, the Company announced that its Board of Directors approved a new stock repurchase program that permits the purchase of up to $5.0 million of the Company's common stock through February 2026.
+Added: [3] During November 2025, the Company announced that its Board of Directors approved a new stock repurchase program that permits the purchase of up to $5.0 million of the Company's common stock through November 2026.
+Added: This stock repurchase program was completed in January 2026 with a total of 2.9 million shares purchased for $5.0 million.
Performance Graph
8 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.