20 unchanged sentences
Although Matson expects to continue paying quarterly cash dividends on its common stock, the declaration and payment of dividends are subject to the discretion of the Board of Directors and will depend upon Matson’s financial condition, results of operations, cash requirements and other factors deemed relevant by the Board of Directors.
−Removed: Equity Compensation Plan Information:
−Removed: The following table sets forth, as of December 31, 2019, certain information regarding Matson’s equity compensation plan:
−Removed: Number of shares
−Removed: Number of shares
−Removed: remaining available for
−Removed: Weighted-average
−Removed: future issuance under
−Removed: upon exercise of
−Removed: exercise price of
−Removed: equity compensation
−Removed: outstanding options,
−Removed: outstanding options,
−Removed: plans (excluding shares
−Removed: Plan Category
−Removed: warrants and rights
−Removed: warrants and rights
−Removed: reflected in column (a))
−Removed: Equity compensation plans approved by shareholders
−Removed: Equity compensation plans not approved by shareholders
−Removed: (1) In addition to 173,128 shares subject to outstanding stock option awards, this also includes 417,693 shares subject to unvested restricted stock unit awards and 360,043 shares subject to unvested Performance Share awards.
−Removed: (2) As restricted stock unit and Performance Share awards do not have exercise prices, the weighted average exercise price is computed using only outstanding stock option awards.
−Removed: (3) These shares are available for issuance under the Company’s 2016 Incentive Compensation Plan.
SELECTED FINANCIAL DATA
28 unchanged sentences
Shares outstanding
−Removed: (1) 2015 and subsequent selected financial data includes the operations of Horizon acquired as of May 29, 2015, and Span Alaska acquired as of August 4, 2016.
+Added: (1) 2016 and subsequent selected financial data includes the operation of Span Alaska acquired as of August 4, 2016.
(2) The Ocean Transportation segment includes $26.3 million, $20.8 million, $36.8 million, $28.2 million and $15.8 million of equity in income from the Company’s investment in SSAT, for 2020, 2019, 2018, 2017 and 2016, respectively.
1 unchanged sentence
(4) The Ocean Transportation segment includes $48.7 million, $76.2 million, $87.0 million, $93.2 million and $82.4 million related to the Company’s investment in SSAT as of December 31, 2020, 2019, 2018, 2017 and 2016, respectively.
−Removed: (5) Excludes expenditures related to Matson’s acquisition of Horizon and Span Alaska which were classified as payments for acquisitions in Cash Flows used in Investing Activities within the Consolidated Statements of Cash Flows.
−Removed: (6) Identifiable assets for 2019 includes Operating lease right of use assets resulting from the adoption of the new lease accounting standard.
+Added: (5) Excludes expenditures related to Matson’s acquisition of Span Alaska which were classified as payments for acquisitions in Cash Flows used in Investing Activities within the Consolidated Statements of Cash Flows.
+Added: (6) Identifiable assets for 2020 and 2019 includes Operating lease right of use assets resulting from the adoption of the lease accounting standard in 2019.
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.