7 unchanged sentences
We believe the number of beneficial owners of our Class A common stock on that date was substantially greater.
−Removed: A summary of the high and low closing prices for the Company’s Class A common stock during each quarter of the years ended October 2, 2020, September 27, 2019 and September 28, 2018 is as follows:
+Added: A summary of the high and low closing prices for the Company’s Class A common stock during each quarter of the years ended October 1, 2021, October 2, 2020 and September 27, 2019 is as follows:
First Quarter Second Quarter Third Quarter Fourth Quarter
13 unchanged sentences
Total Shareholder Return
−Removed: The graph below compares on a market cap weighted cumulative basis the yearly percentage change since October 2, 2015 in the total return (assuming reinvestment of dividends) to shareholders on the Class A common stock with (a) the total return (assuming reinvestment of dividends) on The NASDAQ Stock Market-U.S.
+Added: The graph below compares on a market cap weighted cumulative basis the yearly percentage change since September 30, 2016 in the total return (assuming reinvestment of dividends) to shareholders on the Class A common stock with (a) the total return (assuming reinvestment of dividends) on The NASDAQ Stock Market-U.S.
(b) the total return (assuming reinvestment of dividends) on the Russell 2000 Index;
2 unchanged sentences
and Nautilus, Inc.
−Removed: The graph assumes
−Removed: $100 was invested on October 2, 2015 in the Company’s Class A common stock, The NASDAQ Stock Market-U.S.
+Added: The graph assumes $100 was invested on September 30, 2016 in the Company’s Class A common stock, The NASDAQ Stock Market-U.S.
Index, the Russell 2000 Index and the peer group index.
−Removed: * $100 invested on October 2, 2015 in stock or index, including reinvestment of dividends.
+Added: * $100 invested on September 30, 2016 in stock or index, including reinvestment of dividends.
Indices calculated on a mid-month basis.
6 unchanged sentences
The information in this section titled “Total Shareholder Return” shall not be deemed to be “soliciting material” or “filed” with the Securities and Exchange Commission or subject to Regulation 14A or 14C promulgated by the Securities and Exchange Commission or subject to the liabilities of section 18 of the Securities Exchange Act of 1934, as amended, and this information shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
−Removed: SELECTED FINANCIAL DATA
−Removed: The following table presents selected consolidated financial data, which should be read along with the Company’s consolidated financial statements and the notes to those statements and with “Item 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in or referred to elsewhere in this report.
−Removed: The operating results for the years ended October 2, 2020, September 27, 2019 and September 28, 2018 and the balance sheet data as of October 2, 2020 and September 27, 2019, are derived from the Company’s audited consolidated financial statements included elsewhere herein.
−Removed: The operating results for the years ended September 29, 2017 and September 30, 2016, and the balance sheet data as of September 28, 2018, September 29, 2017 and September 30, 2016 are derived from the Company’s audited consolidated financial statements which are not included in this report.
−Removed: The historical results are not necessarily indicative of results to be expected for future periods.
−Removed: (thousands, except per share data) October 2
−Removed: 2020 September 27
−Removed: 2019 September 28
−Removed: 2018 September 29
−Removed: 2017 September 30
−Removed: OPERATING RESULTS
−Removed: Net sales $ 594,209 $ 562,419 $ 544,268 $ 490,565 $ 433,727
−Removed: Gross profit 264,993 249,756 241,860 210,940 176,462
−Removed: Impairment losses — — — — 6,197
−Removed: Operating expenses 193,923 185,982 178,839 165,349 147,371
−Removed: Operating profit 71,070 63,774 63,021 45,591 22,894
−Removed: Interest expense 143 172 203 757 727
−Removed: Other (income) expense, net (2,775) (2,905) (5,288) (3,376) (1,488)
−Removed: Income before income taxes 73,702 66,507 68,106 48,210 23,655
−Removed: Income tax expense 18,469 15,094 27,437 13,053 10,154
−Removed: Net income $ 55,233 $ 51,413 $ 40,669 $ 35,157 $ 13,501
−Removed: Weighted average common shares - Dilutive 10,064 10,021 9,996 9,920 9,855
−Removed: Net income per common share - Diluted:
−Removed: Class A $ 5.47 $ 5.11 $ 4.05 $ 3.51 $ 1.34
−Removed: Class B 5.47 5.11 4.05 3.51 1.34
−Removed: Dividends declared, per common share:
−Removed: Class A $ 0.72 $ 0.59 $ 0.48 $ 0.37 $ 0.32
−Removed: Class B 0.65 0.54 0.44 0.34 0.29
−Removed: (thousands, except per share data) October 2
−Removed: 2020 September 27
−Removed: 2019 September 28
−Removed: 2018 September 29
−Removed: 2017 September 30
−Removed: BALANCE SHEET DATA
−Removed: Current assets $ 388,538 $ 322,528 $ 285,694 $ 240,849 $ 201,968
−Removed: Total assets 546,026 436,444 395,936 353,659 310,279
−Removed: Current liabilities 105,607 87,866 92,784 84,077 67,654
−Removed: Long-term debt, less current maturities — — — — 7,008
−Removed: Total debt — — — — 7,389
−Removed: Shareholders' equity 378,100 324,534 279,197 243,004 207,496
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.