5 unchanged sentences
The following table sets forth, for the periods indicated, the high and low sales prices per share of our common stock as reported on the NASDAQ Global Select Market.
−Removed: Year Ending December 28, 2018
−Removed: Quarter ended March 30, 2018 $ 40.20 $ 34.35
−Removed: Quarter ended June 29, 2018 47.40 33.25
−Removed: Quarter ended September 28, 2018 72.10 47.75
−Removed: Quarter ended December 28, 2018 75.17 50.66
Year Ending January 3, 2020
3 unchanged sentences
Quarter ended January 3, 2020 71.07 59.01
+Added: Year Ending January 1, 2021
+Added: Quarter ended April 3, 2020 $ 79.19 $ 34.58
+Added: Quarter ended July 3, 2020 91.84 37.40
+Added: Quarter ended October 2, 2020 113.41 69.95
+Added: Quarter ended January 1, 2021 108.89 78.20
On February 19, 2021, the closing price per share of our common stock as reported on the NASDAQ Global Select Market was $137.88 per share.
−Removed: As of February 28, 2020, there were approximately six holders of record of our common stock.
+Added: As of January 31, 2021, there were approximately 15 holders of record of our common stock.
The actual number of stockholders is greater than this number of record holders, and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers and other nominees.
1 unchanged sentence
Dividend Policy
−Removed: We did not declare or pay any dividends in the years ended January 3, 2020 and December 28, 2018.
+Added: We did not declare or pay any dividends in the years ended January 1, 2021 and January 3, 2020.
In addition, our Credit Facility contains covenants limiting our ability to pay dividends to our stockholders.
−Removed: See " Management’s Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources - Former Second Amended and Restated Credit Facility and New Credit Facility " for additional information.
+Added: See " Management’s Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources - Former Second Amended and Restated Credit Facility and First Amended and Restated Credit Facility " for additional information.
While we currently intend to reinvest our earnings, any future determination to declare cash dividends will be made at the discretion of our Board of Directors, subject to applicable laws, and will depend on a number of factors, including our financial condition, results of operations, capital requirements, contractual restrictions, general business conditions and any other factors that our Board of Directors may deem relevant.
11 unchanged sentences
The table below sets forth information regarding repurchases of our common stock by us during the quarter ended January 1, 2021:
−Removed: Period Total Number of Shares Purchased (1) Weighted Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
+Added: Period Total Number of Shares Purchased (1) Weighted Average Price Paid per Share
10/3 - 11/6 1,736 $ 84.08
5 unchanged sentences
The following selected consolidated financial and other data should be read in conjunction with, and are qualified by reference to, Item 7 " Management’s Discussion and Analysis of Financial Condition and Results of Operations " and our audited consolidated financial statements and the accompanying notes included elsewhere in this Annual Report on Form 10-K.
−Removed: The consolidated statements of income data for the years ended January 3, 2020, December 28, 2018 and December 29, 2017, and the consolidated balance sheet data as of January 3, 2020 and December 28, 2018 are derived from the audited consolidated financial statements that are included elsewhere in this Annual Report on Form 10-K.
+Added: The consolidated statements of income data for the years ended January 1, 2021, January 3, 2020 and December 28, 2018, and the consolidated balance sheet data as of January 1, 2021 and January 3, 2020 are derived from the audited consolidated financial statements that are included elsewhere in this Annual Report on Form 10-K.
We have included, in our opinion, all adjustments, consisting only of normal recurring adjustments that we consider necessary for a fair presentation of the financial information set forth in those statements.
16 unchanged sentences
Income from operations 114,149 112,809 94,532 67,041 45,541
−Removed: Other expense, net:
+Added: Interest and other expense, net:
Interest expense 9,294 3,173 3,059 2,396 2,088
−Removed: Other expense (income), net 1,067 583 360 363 (449)
−Removed: Total other expense, net 4,240 3,642 2,756 2,451 1,100
+Added: Other expense, net 325 1,067 583 360 363
+Added: Total interest and other expense, net 9,619 4,240 3,642 2,756 2,451
Income before income taxes 104,530 108,569 90,890 64,285 43,090
10 unchanged sentences
(1) The Company operates on a 52 to 53 week fiscal calendar.
−Removed: The 2019 fiscal year, which ended on January 3, 2020, had 53 weeks and the 2018, 2017, 2016 and 2015 fiscal years, which ended on December 28, 2018, December 29, 2017, December 30, 2016 and December 31, 2015, each had 52 weeks, respectively.
+Added: The 2019 fiscal year, which ended on January 3, 2020, had 53 weeks and the 2020, 2018, 2017, and 2016 fiscal years, which ended on January 1, 2021, December 28, 2018, December 29, 2017, and December 30, 2016, each had 52 weeks, respectively.
(2) Includes stock-based compensation as follows:
16 unchanged sentences
Total stockholders’ equity (1) $ 719,171 $ 422,200 $ 321,205 $ 234,835 $ 184,937
−Removed: (1) In 2014, in connection with our acquisitions, we entered into amendments to our credit facility, borrowing $80.0 million under a secured term loan.
+Added: (1) In 2020, we closed a secondary offering selling 2.8 million shares of common stock for net cash proceeds of $198.2 million.
+Added: This offering was made pursuant to our registration statement on Form S-3.
+Added: (2) Our working capital is calculated as current assets less current liabilities.
+Added: Accordingly, cash and cash equivalents are included.
(3) In 2016, we entered into the Second Amended and Restated Credit Facility, with a refinanced term loan principal balance of $75.0 million.
1 unchanged sentence
("Bank of America").
+Added: In 2020, relating to our acquisition of SCA, we entered into the First Amended and Restated Credit Facility, borrowing $400.0 million under a secured term loan.
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.