2 unchanged sentences
Our common stock has been traded on the NASDAQ Global Select Market under the symbol “ICUI” since our initial public offering on March 31, 1992.
−Removed: We have never paid dividends and do not anticipate paying dividends in the foreseeable future as the Board of Directors intends to retain future earnings for use in our business or to purchase our shares.
+Added: We have never paid dividends and do not anticipate paying dividends in the foreseeable future as the Board of Directors intends to retain future earnings for use in our business to pay down our long-term debt or to purchase our
Any future determination as to payment of dividends or purchase of our shares will depend upon our financial condition, results of operations and such other factors as the Board of Directors deems relevant.
19 unchanged sentences
Purchases made under our stock purchase program can be discontinued at any time we feel additional purchases are not warranted.
−Removed: SELECTED FINANCIAL DATA
−Removed: The following selected consolidated financial data (presented in thousands, except per share amounts) is derived from our Consolidated Financial Statements.
−Removed: Beginning in 2017, our results reflect our acquisition of HIS.
−Removed: 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.
−Removed: The adoption of this standard did not have a material impact on our consolidated financial statements.
−Removed: Our historical operating results are not necessarily indicative of future operating results and should be read in conjunction with the Consolidated Financial Statements and notes thereto, and with Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations.
−Removed: Year ended December 31,
−Removed: (in thousands, except per share data)
−Removed: 2020 2019 2018 2017 2016
−Removed: Net sales $ 1,271,004 $ 1,266,208 $ 1,400,040 $ 1,292,166 $ 379,339
−Removed: Other — — — 447 33
−Removed: TOTAL REVENUE 1,271,004 1,266,208 1,400,040 1,292,613 379,372
−Removed: COST OF GOODS SOLD 809,507 794,344 830,012 866,518 177,974
−Removed: GROSS PROFIT 461,497 471,864 570,028 426,095 201,398
−Removed: Selling, general and administrative expenses 283,953 276,982 320,002 302,169 89,426
−Removed: Research and development expenses 42,948 48,611 52,867 51,253 12,955
−Removed: Restructuring, strategic transaction and integration 28,409 80,574 105,390 77,967 15,348
−Removed: Contract settlement (975) 5,737 41,613 — —
−Removed: Change in fair value of contingent earn-out 9,000 (47,400) 20,400 8,000 —
−Removed: Impairment of assets held for sale — — — — 728
−Removed: TOTAL OPERATING EXPENSES 363,335 364,504 540,272 439,389 118,457
−Removed: INCOME (LOSS) FROM OPERATIONS 98,162 107,360 29,756 (13,294) 82,941
−Removed: BARGAIN PURCHASE GAIN — — — 70,890 1,456
−Removed: INTEREST EXPENSE (1,753) (549) (709) (2,047) (118)
−Removed: OTHER INCOME (EXPENSE), net 1,085 7,896 (6,673) (4,266) 885
−Removed: INCOME BEFORE INCOME TAXES 97,494 114,707 22,374 51,283 85,164
−Removed: (PROVISION) BENEFIT FOR INCOME TAXES (10,624) (13,672) 6,419 17,361 (22,080)
−Removed: NET INCOME $ 86,870 $ 101,035 $ 28,793 $ 68,644 $ 63,084
−Removed: NET INCOME PER SHARE
−Removed: Basic $ 4.16 $ 4.90 $ 1.41 $ 3.50 $ 3.90
−Removed: Diluted $ 4.02 $ 4.69 $ 1.33 $ 3.29 $ 3.66
−Removed: WEIGHTED AVERAGE NUMBER OF SHARES
−Removed: Basic 20,907 20,629 20,394 19,614 16,168
−Removed: Diluted 21,591 21,545 21,601 20,858 17,254
−Removed: Cash dividends per share $ — $ — $ — $ — $ —
−Removed: CASH FLOW DATA:
−Removed: Total cash flows from operations $ 222,752 $ 101,918 $ 160,215 $ 154,423 $ 89,941
−Removed: As of December 31,
−Removed: (in thousands)
−Removed: 2020 2019 2018 2017 2016
−Removed: BALANCE SHEET DATA:
−Removed: Cash, cash equivalents and short-term investment securities $ 410,784 $ 292,637 $ 382,110 $ 300,133 $ 445,082
−Removed: Working capital $ 725,289 $ 633,729 $ 677,747 $ 654,370 $ 528,560
−Removed: Total assets $ 1,763,691 $ 1,692,382 $ 1,585,391 $ 1,496,951 $ 704,688
−Removed: Stockholders’ equity $ 1,502,265 $ 1,377,244 $ 1,263,655 $ 1,198,254 $ 660,155
+Added: Not applicable.
+Added: See "Changes From Prior Periodic Reports" in Part I, Item 1 of this Annual Report on Form 10-K.
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.