4 unchanged sentences
Any payment of dividends in the future will be at the discretion of our board of directors and will depend upon, among other things, our earnings, financial condition, capital requirements, level of indebtedness, provisions of our existing credit agreement and other factors that our board of directors deems relevant.
−Removed: For the information regarding our equity compensation plans, see PART III ITEM 12, “Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters.”
+Added: For information regarding our equity compensation plans, see PART III ITEM 12, “Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters.”
Stock Performance Graph .
Below is a line graph comparing the cumulative total shareholder return for our common stock with the cumulative total shareholder return for the NASDAQ US Benchmark Auto Parts TR index and the NASDAQ Composite Market Index for the period from December 30, 2017 to December 31, 2022.
−Removed: The NASDAQ US Benchmark Auto Parts TR index replaces the Morningstar Auto Parts Index used previously by the Company in this analysis, as Morningstar has changed its methodology for its index.
The NASDAQ US Benchmark Auto Parts TR index is comprised of 23 public companies and the information was furnished by Zacks Investment Research, Inc.
+Added: The NASDAQ Composite Market Index is comprised of more than 3,600 public companies and the information was furnished by Zacks Investment Research, Inc.
The graph assumes $100 invested on December 30, 2017 in our common stock and each of the indices, and that dividends were reinvested when and as paid.
In calculating the cumulative total shareholder returns, the companies included are weighted according to the stock market capitalization of such companies.
−Removed: The Morningstar Auto Parts Index is comprised of 140 public companies and the information was furnished by Morningstar, Inc.
−Removed: The stock price performance shown in the graph is not necessarily indicative of future price performance.
−Removed: The performance graph and the information set forth therein shall not be deemed to be filed for purposes of Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference in an y filing made by us with the U.S.
+Added: Th e stock price performance shown in the graph is not necessarily indicative of future price performance.
+Added: The performance graph and the information set forth therein shall not be deemed to be filed for purposes of Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference in any filing made by us with the U.S.
Securities and Exchange Commission, except as shall be expressly set forth by specific reference in such a filing.
1 unchanged sentence
During the three months ended December 31, 2022, we purchased shares of our common stock as follows:
+Added: Period Total Number
+Added: Purchased Average
+Added: per Share Total Number
Part of Publicly
5 unchanged sentences
September 25, 2022 through October 22, 2022 (1)
+Added: 882 $ 83.81 — $ 227,989,218
October 23, 2022 through November 19, 2022 (2)
+Added: 1,072 $ 77.62 — $ 227,989,218
November 20, 2022 through December 31, 2022 (3)
−Removed: Includes 121 shares of our common stock withheld from participants for income tax withholding purposes in connection with the vesting of restricted stock awards (“RSAs”) during the period.
−Removed: The RSAs were granted to participants in prior periods pursuant to our 2008 Stock Option and Stock Incentive Plan (the “2008 Plan”).
−Removed: Also includes 2,540 shares purchased from the Dorman Products, Inc.
−Removed: 401(k) Plan and Trust (as described in Note 12, Capital Stock, to the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K “401(k) Plan”).
−Removed: Includes 148 shares of our common stock withheld from participants for income tax withholding purposes in connection with the vesting of RSAs during the period.
−Removed: The RSAs were granted to participants in prior periods pursuant to our 2018 Stock Option and Stock Incentive Plan (the “2018 Plan”).
+Added: 897 $ 86.49 — $ 227,989,218
+Added: Total 2,851 — $ 227,989,218
+Added: (1) Consists of 882 shares purchased from the Dorman Products, Inc.
+Added: 401(k) Plan and Trust (as described in Note 12, Capital Stock, to the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K, the “401(k) Plan”).
+Added: (2) Includes 148 shares withheld from participants for income tax withholding purposes in connection with the vesting of restricted stock awards (“RSAs”) during the period.
+Added: T he RSAs were granted to participants in prior periods pursuant to our 2018 Stock Option and Stock Incentive Plan (the “2018 Plan”).
Also includes 924 shares purchased from the 401(k) Plan.
−Removed: Includes 3,918 shares of our common stock withheld from participants for income tax withholding purposes in connection with the vesting of RSAs during the period.
−Removed: The RSAs were granted to participants in prior periods pursuant to the 2008 Plan and 2018 Plan.
+Added: (3) Includes 73 shares withheld from participants for income tax withholding purposes in connection with the vesting of RSAs during the period.
+Added: The RSAs were granted to participants in prior periods pursuant to the 2018 Plan.
Also includes 824 shares purchased from the 401(k) Plan.
(4) On December 12, 2013 we announced that our Board of Directors authorized a share repurchase program, authorizing the repurchase of up to $10 million of our outstanding common stock by the end of 2014.
−Removed: Through several expansions and extensions, our Board of Directors has expanded the program to $500 million and extended the program through December 31, 2022.
+Added: Through several actions taken since that time, including most recently in July 2022, our Board of Directors has expanded the program to $600 million and extended the program through December 31, 2024.
Under this program, share repurchases may be made from time to time depending on market conditions, share price, share availability and other factors at our discretion.
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.