MARKET FOR THE COMPANY’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Our common stock is listed on the Nasdaq Global Select Market under the symbol “HWKN.” As of May 15, 2020, shares of our common stock were held by approximately 378 shareholders of record.
−Removed: In 2014, our Board of Directors authorized the repurchase of up to 300,000 shares of our outstanding common stock.
−Removed: On February 7, 2019, our Board of Directors increased the authorization to up to 800,000 shares.
+Added: Our common shares are listed on the Nasdaq Global Select Market under the symbol “HWKN.” As of May 28, 2021, shares of our common shares were held by approximately 399 shareholders of record.
+Added: As previously announced, our Board of Directors authorized the repurchase of up to 1.6 million shares of our outstanding common shares.
The shares may be repurchased on the open market or in privately negotiated transactions subject to applicable securities laws and regulations.
−Removed: The following table sets forth information concerning purchases of our common stock for three months ended March 29, 2020:
+Added: The following table sets forth information concerning purchases of our common shares for three months ended March 28, 2021:
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that May Yet be Purchased under the Plans or Programs
2 unchanged sentences
2/22/2021 - 3/28/2021 — $ — — 551,506
−Removed: Total 54,188 54,188
The following graph compares the cumulative total shareholder return on our common shares with the cumulative total returns of the Nasdaq Industrial Index, the Nasdaq Composite Index, the Russell 2000 Index and the Standard & Poor’s (“S&P”) Small Cap 600 Index for our last five completed fiscal years.
−Removed: The graph assumes the investment of $100 in our stock and each of those indices on March 29, 2015, and reinvestment of all dividends.
−Removed: SELECTED FINANCIAL DATA
−Removed: Selected financial data for the Company is presented in the table below and should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations included in Item 7 and the Company’s Financial Statements and Notes to Financial Statements included in Item 8 of this Annual Report on Form 10-K.
−Removed: 2020 2019 2018 (1)
−Removed: (In thousands, except per share data)
−Removed: Sales $ 540,198 $ 556,326 $ 504,169 $ 483,593 $ 413,976
−Removed: Gross profit 100,917 95,936 86,760 98,073 80,257
−Removed: Net income (loss) 28,367 24,433 (9,177) 22,555 18,143
−Removed: Basic earnings (loss) per common share 2.68 2.29 (0.87) 2.14 1.72
−Removed: Diluted earnings (loss) per common share 2.66 2.28 (0.86) 2.13 1.72
−Removed: Cash dividends declared per common share 0.9225 0.68 0.88 0.84 0.80
−Removed: Cash dividends paid per common share 0.9225 1.12 (2)
−Removed: 0.86 0.82 0.78
−Removed: Total assets $ 389,328 $ 385,599 $ 390,991 $ 418,584 $ 436,491
−Removed: Total long-term obligations (3)
−Removed: 64,978 90,316 96,646 100,968 130,407
−Removed: (1) - Net loss and basic and diluted loss per share for fiscal 2018 include a goodwill impairment charge of $39.1 million, or $3.68 per diluted share, related to our Health & Nutrition reporting unit and a one-time tax benefit of $13.9 million, or $1.31 per diluted share, related to the revaluation of our net deferred tax liabilities associated with the change in the U.S.
−Removed: corporate tax rate from 35% to 21% effective January 1, 2018 due to the Tax Cuts and Jobs Act of 2017.
−Removed: (2) - In fiscal 2019, we changed from paying dividends semi-annually to quarterly.
−Removed: Normalized dividends paid in fiscal 2019 were $0.90 per share.
−Removed: (3) - Total long-term obligations includes bank debt payable, as per the terms of the then-existing credit agreement, later than 12 months after the balance sheet date as well as obligations payable under the terms of our withdrawal from a multi-employer pension plan.
+Added: The graph assumes the investment of $100 in our stock and each of those indices on April 3, 2016, and reinvestment of all dividends.
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.