5 unchanged sentences
Changes in Internal Controls
−Removed: During the quarter ended June 30, 2021, there were no changes in our internal control over financial reporting that materially affected, or were reasonably likely to materially affect, our internal control over financial reporting, except as described in the following sentence.
−Removed: On October 1, 2020 and May 2, 2021, we acquired SkipperBud’s and Cruisers Yachts, respectively.
−Removed: As we proceed with integration, we are implementing various accounting processes and internal controls over financial reporting for these reporting subsidiaries.
+Added: During the quarter ended December 31, 2021, there were no changes in our internal control over financial reporting that materially affected, or were reasonably likely to materially affect, our internal control over financial reporting, except as described in the following sentence.
+Added: On November 1, 2021, we acquired Intrepid.
+Added: As we proceed with integration, we are implementing various accounting processes and internal controls over financial reporting for this reporting subsidiary.
Limitations on the Effectiveness of Controls
1 unchanged sentence
A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.
−Removed: Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs.
−Removed: Although our disclosure controls and procedures are designed to provide reasonable assurance of achieving their objectives, because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected.
+Added: Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must
+Added: be considered relative to their costs.
+Added: Although our disclosure controls and procedures are designed to provide reasonable assurance of achieving their objectives, because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instance s of fraud, if any, within the C ompany have been detected.
These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of a simple error or mistake.
10 unchanged sentences
We are party to various legal actions arising in the ordinary course of business.
−Removed: While it is not feasible to determine the actual outcome of these actions as of June 30, 2021, we do not believe that these matters will have a material adverse effect on our unaudited condensed consolidated financial condition, result of operations, or cash flows.
+Added: While it is not feasible to determine the actual outcome of these actions as of December 31, 2021, we do not believe that these matters will have a material adverse effect on our unaudited condensed consolidated financial condition, result of operations, or cash flows.
+Added: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
+Added: DEFAULTS UPON SENIOR SECURITIES
+Added: MINE SAFETY DISCLOSURES
+Added: Not applicable.
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.