3 unchanged sentences
On August 24, 2021, the last reported sale price on the Nasdaq Global Select Market of our Class A Common Stock was $80.55 per share.
−Removed: As of August 28, 2020, we had approximately seven holders of record of our Class A Common Stock and 13 holders of record of our Class B Common Stock.
−Removed: The actual number of stockholders is greater than this number of record holders, and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers and other nominees.
−Removed: This number of holders of record also does not include stockholders whose shares may be held in trust by other entities.
+Added: As of August 24, 2021, we had approximately five holders of record of our Class A Common Stock and 10 holders of record of our Class B Common Stock.
+Added: The actual number of holders of Class A Common Stock is greater than this number of record holders, and includes stockholders who are beneficial owners, but whose shares of Class A Common Stock are held in street name by brokers and other nominees.
Malibu Boats, Inc.
8 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: We did not repurchase any stock during the quarter ended June 30, 2020.
−Removed: On June 18, 2019, our Board of Directors authorized a stock repurchase program to allow for the repurchase of up to $35.0 million of our Class A Common Stock and the
−Removed: LLC's LLC Units (the “Repurchase Program”) for the period from July 1, 2019 to July 1, 2020.
−Removed: During the fiscal year ended June 30, 2020, we repurchased 483,679 shares of Class A Common Stock for $13.8 million in cash including related fees and expenses.
+Added: On August 27, 2020, our Board of Directors authorized a stock repurchase program to allow for the repurchase of up to $50.0 million of our Class A Common Stock and the LLC's LLC Units (the “ Repurchase Program”) for the period from
+Added: September 2, 2020 to July 1, 2021.
+Added: During the fiscal year ended June 30, 2021, no shares have been repurchased under the Repurchase Program.
This repurchase program expired on July 1, 2021.
−Removed: On August 27, 2020, our Board of Directors authorized a new stock repurchase program (the "New Repurchase Program") for the repurchase of up to $50.0 million of Class A Common Stock and the LLC Units for the period from September 2, 2020 to July 1, 2021.
−Removed: No shares have been repurchased under the New Repurchase Program.
Unregistered Sales of Equity Securities
−Removed: On May 18, 2020, in connection with the exchange of limited liability company interests of the LLC by a member of the LLC, the Company issued a total of 12,500 shares of its Class A Common Stock, par value $0.01 per share for nominal consideration to such member in reliance on the exemption under Section 4(a)(2) of the Securities Act.
−Removed: On May 19, 2020, in connection with the exchange of limited liability company interests of the LLC by a member of the LLC, the Company issued a total of 20,000 shares of its Class A Common Stock, par value $0.01 per share for nominal consideration to such member in reliance on the exemption under Section 4(a)(2) of the Securities Act.
−Removed: On May 19, 2020, in connection with the exchange of limited liability company interests of the LLC by a member of the LLC, the Company issued a total of 1,000 shares of its Class A Common Stock, par value $0.01 per share for nominal consideration to such member in reliance on the exemption under Section 4(a)(2) of the Securities Act.
−Removed: On May 20, 2020, in connection with the exchange of limited liability company interests of the LLC by a member of the LLC, the Company issued a total of 25,000 shares of its Class A Common Stock, par value $0.01 per share for nominal consideration to such member in reliance on the exemption under Section 4(a)(2) of the Securities Act.
+Added: On April 16, 2021, in connection with the exchange of limited liability company interests of the LLC by a member of the LLC, the Company issued a total of 3,000 shares of its Class A Common Stock, par value $0.01 per share for nominal consideration to such member in reliance on the exemption under Section 4(a)(2) of the Securities Act.
Equity Compensation Plan Information
17 unchanged sentences
Operating income 149,775 85,310 98,112 70,067 39,438
−Removed: Other (income) expense, net 1,578 6,315 (19,320) (9,230) 3,808
+Added: Other expense (income), net 1,514 1,578 6,315 (19,320) (9,230)
Net income before income tax expense 148,261 83,732 91,797 89,387 48,668
15 unchanged sentences
Total long-term liabilities 227,227 145,656 165,629 160,511 132,242
−Removed: Total stockholders’/members' equity 261,527 210,353 139,871 52,236 20,029
+Added: Total stockholders' equity 381,154 261,527 210,353 139,871 52,236
Additional financial and other data:
3 unchanged sentences
$ 190,103 $ 110,947 $ 125,895 $ 92,718 $ 55,721
+Added: Net income margin 12.3 % 9.9 % 10.2 % 6.2 % 11.0 %
Adjusted EBITDA margin 2
3 unchanged sentences
(1) The non-controlling interest represents the portion of earnings or (loss) attributable to the economic interest held by the non-controlling LLC Unit holders.
−Removed: The weighted average non-controlling interest attributable to ownership interests in the LLC was 3.8%, 4.1%, 5.3%, 7.0%, and 11.1% for the fiscal years ended June 30, 2020, 2019, 2018, 2017, and 2016.
−Removed: The non-controlling interest was 3.4%, 3.8%, 4.8%, 6.6% and 7.4% as of June 30, 2020, 2019, 2018, 2017, and 2016.
+Added: The weighted average non-controlling interest attributable to ownership interests in the LLC was 3.1%, 3.8%, 4.1%, 5.3%, and 7.0% for the fiscal years ended June 30, 2021, 2020, 2019, 2018, and 2017, respectively.
+Added: The non-controlling interest was 2.8%, 3.4%, 3.8%, 4.8% and 6.6% as of June 30, 2021, 2020, 2019, 2018, and 2017, respectively.
(2) Adjusted EBITDA, adjusted EBITDA margin, and adjusted fully distributed net income per share are non-GAAP financial measures.
3 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.