−Removed: Important risk factors that could affect our operations and financial performance, or that could cause results or events to differ from current expectations, are described in “Part I, Item 1A — Risk Factors” of our Annual Report on Form 10-K for the year ended September 30, 2024.
+Added: Important risk factors that could affect our operations and financial performance, or that could cause results or events to differ from current expectations, are described in “Part I, Item 1A — Risk Factors” of our Annual Report on Form 10-K for the year ended September 30, 2024, as supplemented by the information set forth below.
+Added: Our incurrence of debt in the form of the 2032 Senior Notes could have a material adverse effect on our financial condition and results of operations
+Added: In March 2025, we incurred debt in the aggregate principal amount of $300.0 million in the form of the 2032 Senior Notes.
+Added: See Note 7 of Notes to Condensed Consolidated Financial Statements included in "Part I, Item 1 — Financial Statements" of this Report.
+Added: The indebtedness could increase the cost of future financing or otherwise limit our ability to obtain financing, including the refinancing of existing debt.
+Added: The application of cash flow to repayment of our indebtedness could restrict funds available for other uses, including working capital, growth, and other general corporate purposes, which could adversely affect our financial condition and results of operations.
Unregistered Sale of Equity Security and Use of Proceeds
−Removed: The table below provides certain information about our repurchase of shares of Class A Non-voting Common Stock during the quarter ended December 31, 2024.
+Added: The table below provides certain information about our repurchase of shares of Class A Non-voting Common Stock during the quarter ended March 31, 2025.
Share Repurchases
2 unchanged sentences
(in thousands, except number of shares and average price information)
−Removed: October 1, 2024 through October 31, 2024 87,421 $ 11.42 87,421 $ 23,021
−Removed: November 1, 2024 through November 30, 2024 40,200 $ 12.50 40,200 $ 22,518
−Removed: December 1, 2024 through December 31, 2024 122,842 $ 12.16 122,842 $ 21,024
−Removed: Quarter ended December 31, 2024 250,463 $ 11.96 250,463 $ 21,024
+Added: January 1, 2025 through January 31, 2025 82,136 $ 12.15 82,136 $ 20,026
+Added: February 1, 2025 through February 28, 2025 — $ — — $ 20,026
+Added: March 1, 2025 through March 31, 2025 — $ — — $ 20,026
+Added: Quarter ended March 31, 2025 82,136 $ 12.15 82,136 $ 20,026
(1) On May 3, 2022, the Board of Directors approved a share repurchase program, under which we are authorized to repurchase up to $50 million of our Class A Non-Voting common shares over a three-year period.
2 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.