9 unchanged sentences
The following is a summary of our stock repurchasing activity during the fourth quarter of 2020:
+Added: Period Shares
+Added: purchased Average
+Added: per share Shares
+Added: program Approximate
dollar value that
11 unchanged sentences
The following selected consolidated financial data (presented in thousands, except per share amounts) is derived from our Consolidated Financial Statements.
−Removed: During 2017, we acquired HIS (see Note 2 to the consolidated financial statements in Part II, Item 8 of this Form 10-K).
+Added: Beginning in 2017, our results reflect our acquisition of HIS.
During 2018, we adopted Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers, using the modified retrospective method applied to those contracts which were not completed as of January 1, 2018.
3 unchanged sentences
(in thousands, except per share data)
+Added: 2020 2019 2018 2017 2016
+Added: Net sales $ 1,271,004 $ 1,266,208 $ 1,400,040 $ 1,292,166 $ 379,339
+Added: Other — — — 447 33
TOTAL REVENUE 1,271,004 1,266,208 1,400,040 1,292,613 379,372
COST OF GOODS SOLD 809,507 794,344 830,012 866,518 177,974
+Added: GROSS PROFIT 461,497 471,864 570,028 426,095 201,398
Selling, general and administrative expenses 283,953 276,982 320,002 302,169 89,426
Research and development expenses 42,948 48,611 52,867 51,253 12,955
−Removed: Restructuring and strategic transaction
+Added: Restructuring, strategic transaction and integration 28,409 80,574 105,390 77,967 15,348
Contract settlement (975) 5,737 41,613 — —
Change in fair value of contingent earn-out 9,000 (47,400) 20,400 8,000 —
−Removed: Gain on sale of assets
−Removed: Legal settlements
Impairment of assets held for sale — — — — 728
6 unchanged sentences
(PROVISION) BENEFIT FOR INCOME TAXES (10,624) (13,672) 6,419 17,361 (22,080)
+Added: NET INCOME $ 86,870 $ 101,035 $ 28,793 $ 68,644 $ 63,084
NET INCOME PER SHARE
+Added: Basic $ 4.16 $ 4.90 $ 1.41 $ 3.50 $ 3.90
+Added: Diluted $ 4.02 $ 4.69 $ 1.33 $ 3.29 $ 3.66
WEIGHTED AVERAGE NUMBER OF SHARES
+Added: Basic 20,907 20,629 20,394 19,614 16,168
+Added: Diluted 21,591 21,545 21,601 20,858 17,254
Cash dividends per share $ — $ — $ — $ — $ —
1 unchanged sentence
Total cash flows from operations $ 222,752 $ 101,918 $ 160,215 $ 154,423 $ 89,941
−Removed: __________________________
−Removed: (1) For the years 2018 and 2017, we reclassified foreign currency losses out of selling, general and administrative in to other income (expense), net to be comparative to the current year presentation.
As of December 31,
(in thousands)
+Added: 2020 2019 2018 2017 2016
BALANCE SHEET DATA:
1 unchanged sentence
Working capital $ 725,289 $ 633,729 $ 677,747 $ 654,370 $ 528,560
+Added: Total assets $ 1,763,691 $ 1,692,382 $ 1,585,391 $ 1,496,951 $ 704,688
Stockholders’ equity $ 1,502,265 $ 1,377,244 $ 1,263,655 $ 1,198,254 $ 660,155
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.