11 unchanged sentences
As of July 2, 2022, we had 582 shareholders of common stock on record.
−Removed: As a result of our credit agreements, we are restricted from declaring or paying dividends in cash or stock without the Bank’s prior written consent.
+Added: As a result of our credit agreements, we are restricted from declaring or paying dividends in cash or stock without Bank of America’s prior written consent.
We have not paid a cash dividend and do not anticipate payment of dividends in the foreseeable future.
Equity Compensation Plan Information
−Removed: Information concerning securities authorized for issuance under our equity compensation plans is set forth in Part III, Item 12 of this Annual Report, under the caption “Securities Authorized for Issuance under Equity Compensation Plans”, and that information is incorporated herein by reference.
+Added: Information concerning securities authorized for issuance under our equity compensation plans is set forth in Part III, Item 12 of this Annual Report on Form 10-K, under the caption “Equity Compensation Plan Information,” and that information is incorporated herein by reference.
Performance Graph
5 unchanged sentences
NASDAQ Electronic Components 100.00 130.95 128.24 174.60 286.71 221.70
−Removed: SELECTED FINANCIAL DATA
−Removed: The following selected data is derived from our audited consolidated financial statements and should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” the consolidated financial statements and related notes, and other information included in this report.
−Removed: Financial Highlights
−Removed: (In thousands, except for Supplemental Data and Per Share Amounts)
−Removed: Fiscal Year Ended
−Removed: July 3, 2021 June 27, 2020 June 29, 2019 June 30, 2018 July 1, 2017
−Removed: Consolidated Statements of Operations Data :
−Removed: Net sales $ 518,698 $ 449,480 $ 464,044 $ 446,322 $ 467,797
−Removed: Gross profit 42,039 35,249 34,601 34,169 38,300
−Removed: Gross margin percentage 8.1 % 7.8 % 7.5 % 7.7 % 8.2 %
−Removed: Operating income (loss) 9,526 6,828 (5,958) 1,114 9,544
−Removed: Operating margin percentage 1.8 % 1.5 % (1.3) % 0.2 % 2.0 %
−Removed: Net income (loss) 4,341 4,758 (7,982) (1,325) 5,617
−Removed: Net income (loss) per share – diluted 0.39 0.44 (0.74) (0.12) 0.51
−Removed: Consolidated Cash Flow Data :
−Removed: Cash flows provided by (used in) operations (3)
−Removed: (15,052) (31,004) 919 3,122 2,284
−Removed: Capital expenditures 10,602 8,623 8,386 4,523 9,307
−Removed: Consolidated Balance Sheet Data :
−Removed: Net working capital (1)
−Removed: 172,547 130,545 104,695 95,607 100,440
−Removed: Total assets 361,846 304,861 238,310 246,528 232,840
−Removed: Long-term liabilities 111,436 77,085 30,447 29,534 38,520
−Removed: Shareholders’ equity 123,705 115,557 114,459 118,081 116,567
−Removed: Book value per share (2)
−Removed: $ 11.49 $ 10.74 $ 10.64 $ 10.97 $ 10.83
−Removed: Supplemental Data :
−Removed: Number of shares outstanding at year-end 10,761,871 10,759,680 10,759,680 10,759,680 10,759,680
−Removed: Number of employees at year-end 5,450 5,741 4,067 4,701 5,038
−Removed: Approximate square footage of operational facilities 1,925,300 1,809,300 1,816,300 1,837,300 1,760,000
−Removed: (1) Net working capital is defined as total current assets less total current liabilities.
−Removed: Net working capital measures the portion of current assets that are financed by long term funds and is an indicator of short term financial management.
−Removed: (2) Book value per share is defined as total shareholders’ equity divided by the number of shares outstanding at the end of the fiscal year.
−Removed: (3) Reflects the retrospective adoption of ASU 2016-15, Statement of Cash Flows (Topic 230):
−Removed: Classification of Certain Cash Receipts and Cash Payments, during the year ended June 29, 2019.
−Removed: Please refer to Capital Resources and Liquidity section for further information.
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.