1 unchanged sentence
Our principal business is the design, manufacture, and installation of laboratory, healthcare, and technical furniture and infrastructure products.
−Removed: Our products include steel, wood, and laminate furniture, fume hoods, biological safety cabinets, laminar flow and ductless hoods, adaptable modular and column systems, moveable workstations and carts, epoxy resin worksurfaces, sinks, and accessories and related design and engineering services.
+Added: Our products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.
Our products are sold primarily through purchase orders and contracts submitted by customers through our dealers, our subsidiaries in Singapore and India, and a national distributor.
23 unchanged sentences
A significant portion of our business is based upon competitive public bidding.
−Removed: RESEARCH AND DEVELOPMENT
−Removed: The amount spent and expensed by us during the fiscal year ended April 30, 2022 on research and development activities related to new or redesigned products was $ 990,000 .
+Added: RESEARCH AND EXPERIMENTATION EXPENDITURES
+Added: The amount spent and expensed by us during the fiscal year ended April 30, 2023 on research and experimentation expenditures activities related to new or redesigned products was $1,012,000.
The amount spent for similar purposes in the fiscal year ended April 30, 2022 was $990,000.
ENVIRONMENTAL COMPLIANCE
−Removed: In the last two fiscal years, compliance with federal, state, or local provisions enacted or adopted regulating the discharge of materials into the environment has had no material effect on us.
−Removed: There is no material capital expenditure anticipated for such purposes, and accordingly, such regulation is not expected to have a material effect on our earnings or competitive position.
−Removed: At April 30, 2022, the Company had the following number of full-time employees:
−Removed: 575 (Domestic);
−Removed: 318 (International).
+Added: In the last two fiscal years, compliance with federal, state, or local provisions enacted or adopted regulating the discharge of materials into the environment has had no material effect on us and such regulation is not expected to have a material effect on our earnings or competitive position in the future.
+Added: CULTURE AND WORKFORCE
+Added: We are a company of passionate, talented, and motivated people.
+Added: We embrace collaboration and creativity, and encourage the iteration of ideas to address complex challenges in technology and society.
+Added: At April 30, 2023, the Company had 603 Domestic employees and 379 International employees.
+Added: Our people are critical for our continued success, so we work hard to create an environment where employees can have fulfilling careers, and be happy, healthy, and productive.
+Added: We offer competitive benefits and programs to take care of the diverse needs of our employees and their families, including opportunities for career growth and development, resources to support their financial health, and access to excellent healthcare choices and resources, including access to an onsite medical clinic and separate gym facility and regular access to onsite specialists.
+Added: Our competitive compensation programs help us to attract and retain top candidates, and we will continue to invest in recruiting talented people to technical and non-technical roles, and rewarding them well.
+Added: The Company believes that open and honest communication among team members, managers, and leaders helps create a collaborative work environment where everyone can contribute, grow, and succeed.
+Added: Team members are encouraged to come to their managers with questions, feedback, or concerns, and the Company conducts surveys that gauge employee engagement.
+Added: When necessary, we contract with businesses around the world to provide specialized services where we do not have appropriate in-house expertise or resources.
+Added: We also contract with temporary staffing agencies when we need to cover short-term leaves, when we have spikes in business needs, or when we need to quickly incubate special projects.
+Added: We choose our partners and staffing agencies carefully and continually make improvements to promote a respectful and positive working environment for everyone - employees, vendors, and temporary staff alike.
OTHER INFORMATION
1 unchanged sentence
We make available, free of charge through this website, our annual report to stockholders.
−Removed: Our Form 10-K and 10-Q financial reports may be obtained by stockholders by writing the Secretary of the Company, Kewaunee Scientific Corporation, P.O.
+Added: Our Form 10-K and 10-Q financial reports may be obtained by stockholders by writing the Secretary of the
+Added: Company, Kewaunee Scientific Corporation, P.O.
Box 1842, Statesville, NC 28687-1842.
4 unchanged sentences
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.