4 unchanged sentences
Holders of Record
−Removed: As of March 13, 2020, there were 9 shareholders of record of our Class A common stock.
+Added: As of February 26, 2021, there were 9 shareholders of record of our Class A common stock.
The number of record holders does not include persons who held shares of our Class A common stock in nominee or "street name" accounts through brokers.
−Removed: As of March 13, 2020, there were 43 shareholders of record of our Class B common stock.
+Added: As of February 26, 2021, there were 49 shareholders of record of our Class B common stock.
Dividend Policy
17 unchanged sentences
Because our board of directors may determine to pay or not pay dividends to our Class A common stockholders, our Class A common stockholders may not necessarily receive dividend distributions relating to excess distributions, even if Goosehead Financial, LLC makes such distributions to us.
+Added: Stock Performance Graph
+Added: The following graph and table illustrate the total return from May 1, 2018 through December 31, 2020 for (i) our Class A common stock, (ii) the Standard and Poor's 500 Index, and (iii) the Russell 2000 Index, assuming an investment of $100 on May 1, 2018 including the reinvestment of dividends.
+Added: 5/1/2018 12/31/2018 12/31/2019 12/31/2020
+Added: GSHD $ 100 $ 178 $ 291 $ 865
+Added: S&P 500 100 96 126 149
+Added: Russell 2000 100 88 111 133
Securities Authorized for Issuance Under Equity Incentive Plans
9 unchanged sentences
Selected financial data
−Removed: The following selected consolidated historical financial data of GSHD should be read in conjunction with, and are qualified by reference to, "Item 1A.
−Removed: Risk factors," "Item 7.
−Removed: Management’s discussion and analysis of financial condition and results of operations” and our audited financial statements and notes thereto included in "Item 8.
−Removed: Financial statements and supplementary data." The results indicated below and elsewhere in this Annual Report are not necessarily indicative of our future performance.
−Removed: 2019 2018 2017
−Removed: Selected statements of income data (in thousands):
+Added: The following table sets forth our selected historical consolidated financial data for the periods ended and as of the dates indicated below.
+Added: We have derived the selected historical consolidated financial data as of December 31, 2020 and 2019, and for each of the twelve months ended December 31, 2020, 2019 and 2018 from our audited consolidated financial statements included elsewhere in this report.
+Added: We have derived the selected historical consolidated financial data as of December 31, 2018, 2017, and 2016 and for the twelve months ended December 31, 2017 and 2016, from our audited consolidated financial statements, which are not included in this report.
+Added: The Company adopted ASC 842, Leases (‘ASC 842’) and ASC 606, Revenue from Contracts with Customers (‘ASC 606’) in 2020 and 2019, respectively.
+Added: Financial information presented for years prior to the respective adoptions has not been adjusted in accordance with the provisions of those new standards.
+Added: Our historical results are not necessarily indicative of the results expected for any future period.
+Added: You should read the following financial data together with Part I, Item 1A, “Risk Factors,” Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” our audited consolidated financial statements and related notes appearing elsewhere in this report, and our audited consolidated financial statements and related notes included in our annual reports on Form 10-K for the years ended December 31, 2019 and December 31, 2018 previously filed with the SEC.
+Added: Years ended December 31,
+Added: (ASC 606) 2019
+Added: (ASC 606) 2018
+Added: (ASC 605) 2017
+Added: (ASC 605) 2016
+Added: Selected statements of operations data (in thousands):
Commissions and agency fees (1)
13 unchanged sentences
Earnings per share - basic (1)(2)
−Removed: 0.24 (0.66) n/a
+Added: 0.55 0.24 (0.66) n/a n/a
Earnings per share - diluted (1)(2)
−Removed: 0.22 (0.66) n/a
+Added: 0.51 0.22 (0.66) n/a n/a
Selected balance sheets data (at period end, in thousands):
23 unchanged sentences
Operating franchises (at period end) 891 614 457 292 190
−Removed: (1)The impact from the adoption of ASC 606 may effect the comparability to prior periods.
−Removed: See Item 8 "Financial statements and supplementary data" for additional information regarding the impact.
−Removed: (2) Basic and diluted earnings per share for the year ended December 31, 2017 are not shown, as there were zero shares of Class A or Class B common stock outstanding as of December 31, 2017.
+Added: (1)The impact from the adoption of ASC 606 may affect the comparability to 2018.
+Added: See Form 10-K for the year ended December 31, 2019 for additional information regarding the impact.
(2) Adjusted EBITDA and Adjusted EBITDA margin are Non-GAAP Measures.
1 unchanged sentence
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.