6 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: Purchased (1)
−Removed: Maximum Dollar
+Added: Period Total Number
+Added: Purchased (1) Average
+Added: per Share Total
+Added: Programs (2) Maximum Dollar
Value of Shares
4 unchanged sentences
September 1, 2021 through September 30, 2021 160,256 $ 437.29 160,000 $ 173,176,417
+Added: Total 851,278 $ 446.23 845,420 $ 173,176,417
(1) Includes 5,858 shares delivered in satisfaction of the tax withholding obligations resulting from the vesting of restricted stock units held by employees during the quarter ended September 30, 2021.
−Removed: In July 2019, our Board of Directors approved a stock repurchase program following the completion of our previous program.
+Added: (2) In March 2021, our Board of Directors approved a stock repurchase program following the completion of our previous program.
This program was open-ended and authorized repurchases of shares of our common stock up to an aggregate cost of $500.0 million in the open market or in negotiated transactions.
−Removed: In July 2020, our Board of Directors approved a new stock repurchase program following the completion of the July 2019 program.
−Removed: The new program is open-ended and authorizes repurchases of shares of our common stock up to an aggregate cost of $250.0 million in the open market or in negotiated transactions.
+Added: As part of the broader share repurchase program, we entered into the accelerated share repurchase agreement (“ASR Agreement”) with a financial institution in June 2021 to repurchase $200.0 million of our common stock.
+Added: Pursuant to the ASR Agreement, we paid $200.0 million to the financial institution and received an initial delivery of 319,400 shares of common stock, which approximated 80% of the total number of expected shares to be repurchased under the ASR Agreement.
+Added: In August 2021, we settled the ASR Agreement and received 70,127 additional shares.
+Added: In total, 389,527 shares were repurchased under the ASR Agreement.
+Added: In August 2021, our Board of Directors approved a new stock repurchase program following the termination of the March 2021 program.
+Added: This new program is open-ended and authorizes repurchases of shares of our common stock up to an aggregate cost of $500.0 million in the open market or in negotiated transactions.
+Added: In August 2021, we entered into a stock repurchase agreement with an institutional shareholder, pursuant to which we repurchased 515,293 shares of our common stock for $225.0 million.
Performance Graph
1 unchanged sentence
Our past performance may not be indicative of future performance.
−Removed: Selected Financial Data
−Removed: We acquired TONBELLER Aktiengesellschaft in January 2015, QuadMetrics, Inc.
−Removed: in May 2016, and eZmCom, Inc.
−Removed: in August 2019.
−Removed: Results of operations from the acquisitions are included prospectively from their respective acquisition dates and did not materially impact comparability of the data presented below.
−Removed: Year Ended September 30,
−Removed: (In thousands, except per share data)
−Removed: Operating income
−Removed: Basic earnings per share
−Removed: Diluted earnings per share
−Removed: Dividends declared per share
−Removed: September 30,
−Removed: (In thousands)
−Removed: Working capital
−Removed: Revolving line of credit
−Removed: Stockholders’ equity
−Removed: (1) Results of operations for fiscal years 2020 and 2017 included pre-tax charges of $45.0 million and $4.5 million, respectively, in restructuring and impairment charges.
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.