1 unchanged sentence
Dividend Program
−Removed: On November 1, 2024, the Board approved a third-quarter dividend of $0.045 per share, payable on December 20, 2024, to shareholders of record as of December 6, 2024.
+Added: On May 6, 2025, the Board approved a second-quarter dividend of $0.045 per share, payable on June 6, 2025, to shareholders of record as of June 27, 2025.
The dividends are accounted for as a decrease to Stockholders’ Equity.
1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: On August 5, 2021, the Board approved a stock repurchase plan authorizing the Company to repurchase an aggregate of $25 million in shares of the Company’s common stock (the “2021 Repurchase Program”).
−Removed: On August 1, 2023, the Board approved a new stock repurchase plan authorizing the Company to repurchase an aggregate of an additional $25 million in shares of the Company’s common stock.
−Removed: The new share repurchase program took effect upon the completion of the 2021 Repurchase Program, which was exhausted in the quarter ended March 31, 2024.
−Removed: The Company had approximately $20.6 million in the aggregate available under its current share repurchase program as of September 30, 2024.
+Added: On August 1, 2023, the Board approved a new stock repurchase plan authorizing the Company to repurchase an aggregate of $25 million in shares of the Company’s common stock, which took effect upon the completion of the Company’s previous repurchase program that was exhausted in the quarter ended March 31, 2024.
+Added: The Company had approximately $14.9 million of capacity available under its current share repurchase program as of March 31, 2025.
The shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, pursuant to a Rule 10b5-1 repurchase plan or by other means in accordance with federal securities laws.
1 unchanged sentence
There is no guarantee as to the number of shares that will be repurchased, and the repurchase program may be extended, suspended or discontinued at any time without notice at the Company’s discretion.
−Removed: The following table details the repurchases that were made during the three months ended September 30, 2024.
+Added: The following table details the repurchases that were made during the three months ended March 31, 2025.
Total Number of
11 unchanged sentences
(In thousands)
−Removed: July 1 - July 31
−Removed: August 1 - August 31
−Removed: September 1 - September 30
+Added: January 1 - January 31
+Added: February 1 - February 28
+Added: March 1 - March 31
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.