1 unchanged sentence
Market Information
−Removed: Our common stock has been listed on the NASDAQ Global Select Market under the symbol “FOXF” since August 8, 2013.
+Added: Our common stock has been listed on the NASDAQ under the symbol “FOXF” since August 8, 2013.
Our IPO was priced at $15.00 per share on August 8, 2013.
Prior to that date, there was no public trading market for our common stock.
−Removed: On February 15, 2024, the closing price per share of our common stock as reported on the NASDAQ Global Select Market was $68.30 per share.
+Added: On February 20, 2025, the closing price per share of our common stock as reported on the NASDAQ was $26.48 per share.
As of January 31, 2025, there were approximately 7 holders of record of our common stock.
2 unchanged sentences
Dividend Policy
−Removed: We did not declare or pay any dividends in the years ended December 29, 2023 and December 30, 2022.
+Added: We did not declare or pay any dividends in the years ended January 3, 2025, December 29, 2023, and December 30, 2022.
In addition, our 2022 Credit Facility contains covenants limiting our ability to pay dividends to our stockholders.
2 unchanged sentences
We do not intend to pay dividends in the foreseeable future.
+Added: Share Repurchase Plan
+Added: On November 1, 2023, the Company’s Board of Directors authorized a share repurchase plan for up to $300,000 in shares of the Company’s common stock, par value $0.001 per share.
+Added: The share repurchase program is scheduled to expire on November 1, 2028.
+Added: Repurchases of shares of Common Stock under the stock repurchase plan will be made in accordance with applicable securities laws and may be made under a variety of methods, which may include open market purchases.
+Added: For repurchase activity during the year ended January 3, 2025, refer to Note 13.
+Added: Stockholders’ Equity .
Equity Compensation Plan Information
2 unchanged sentences
Performance Graph
−Removed: The following graph shows a comparison from August 8, 2013 (the date our common stock commenced trading on the NASDAQ) through December 29, 2023 of the total cumulative return of our common stock with the total cumulative return of the NASDAQ Composite Index (the “NASDAQ Composite”) and S&P 500 Index (“S&P 500”).
+Added: The following graph shows a comparison from August 8, 2013 (the date our common stock commenced trading on the NASDAQ) through January 3, 2025 of the total cumulative return of our common stock with the total cumulative return of the NASDAQ Composite Index (the “NASDAQ Composite”) and S&P 500 Index (“S&P 500”).
The figures represented below assume an investment of $100 in our common stock at the closing price of $18.61 on August 8, 2013 and in the NASDAQ Composite and S&P 500.
3 unchanged sentences
Recent Sales of Unregistered Securities
−Removed: There were no unregistered securities sold by the Company during the three year period ended December 29, 2023.
+Added: There were no unregistered securities sold by the Company during the three-year period ended January 3, 2025.
Issuer Purchases of Equity Securities
−Removed: The table below sets forth information regarding repurchases of our common stock by us during the quarter ended December 29, 2023:
−Removed: Period Total Number of Shares Purchased (1) Weighted Average Price Paid per Share (3) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) Approximate Dollar Value of Shares that May Yet be Purchased under the Plans or Programs (2)
+Added: The table below sets forth information regarding repurchases of our common stock by us during the quarter ended January 3, 2025:
+Added: Period Total Number of Shares Purchased (1)
+Added: Weighted Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
+Added: Approximate Dollar Value of Shares that May Yet be Purchased under the Plans or Programs (2)
9/28-11/1 128 $ 35.99 — $ 250,000,000
2 unchanged sentences
Total 128 $ 35.99 — $ 250,000,000
−Removed: (1) Includes 436 shares acquired from holders of restricted stock unit awards and option exercises to satisfy tax withholding obligations.
−Removed: These shares were not purchased as part of a publicly announced program to purchase common stock.
+Added: (1) Shares acquired from holders of restricted stock unit awards to satisfy tax-withholding obligations.
(2) On November 1, 2023, the Company’s Board of Directors authorized a share repurchase plan for up to $300 million in shares of the Company’s common stock, par value $0.001 per share.
Refer to Note 13.
−Removed: Stockholders’ Equity for further details.
−Removed: (3) The average price paid per share excludes excise tax on share repurchases imposed as part of the Inflation Reduction Act of 2022.
+Added: Stockholders’ Equit y for further details.
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.