9 unchanged sentences
Purchases of Equity Securities
−Removed: The Company's Board of Directors approved a $50 million stock repurchase plan in 2015.
−Removed: The Company retired all its repurchased shares during the fourth quarter of 2017.
−Removed: The Board of Directors approved the termination of the stock repurchase plan effective on April 1, 2019.
−Removed: There were no repurchases of common stock during 2019.
+Added: The following sets forth the shares of our common stock we acquired during the fourth quarter of 2020 pursuant to the surrender of shares by employees to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock units.
+Added: Month Ending Total Number of Shares (or
+Added: Units) Purchased Average Price Paid per
+Added: Share (or Unit) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
+Added: October 31, 2020 221 $ 4.06 — $ —
+Added: November 30, 2020 5,281 $ 4.39 — $ —
+Added: December 31, 2020 18,475 $ 7.76 — $ —
+Added: Table o f Contents
SELECTED FINANCIAL DATA
−Removed: The following table presents selected financial data for the years ended December 31, 2019, 2018 and 2017, the transition period ended December 31, 2016 (see footnote 4 below) and the fiscal years ended May 31, 2016 and 2015.
+Added: The following table presents selected financial data for the years ended December 31, 2020, 2019, 2018, 2017, the transition period ended December 31, 2016 (see footnote 5 below) and the fiscal years ended May 31, 2016.
This selected financial data should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Item 7 and the audited consolidated financial statements and the notes thereto in Item 8 in this Annual Report.
−Removed: For the year ended December 31, For the Transition period ended For the year ended May 31,
+Added: For the year ended December 31, For the Transition period ended For the fiscal year
+Added: ended May 31,
December 31, 2016 (5)
3 unchanged sentences
Gross profit 178,531 217,297 207,874 187,712 117,004 203,008
−Removed: Income from operations 24,137 22,221 4,160 17,533 43,177 30,353
+Added: Income (loss) from operations (101,217) 24,137 22,221 4,160 17,533 43,177
Net income (loss) attributable to Mistras Group, Inc.
17 unchanged sentences
Net cash (used in) provided by financing activities $ (44,169) $ (44,137) $ 113,969 53,045 $ (12,869) $ (40,378)
−Removed: 1 - Includes pre-tax charges of $5.7 million relating to special items.
+Added: 1 - Includes pre-tax charges of $108.4 million relating to special items, including impairment charges of $106.1 million.
See the Income from Operations table in Item 7 for a description of these items.
2 unchanged sentences
See the Income from Operations table in Item 7 for a description of these items.
+Added: The impact of these items, net of taxes, on net income and diluted earnings per share was $4.4 million and $0.15, respectively.
+Added: The Company modified the prior year tax effect on special items to be consistent with the current year methodology, which was to apply the current jurisdictional tax rate to each specific special item.
+Added: The impact of this change on the year ended December 31, 2019 was a reduction of after-tax charges related to the special items of approximately $1.5 million and $0.05 per diluted share.
+Added: Table o f Contents
+Added: 3 - Includes pre-tax charges of $9.4 million relating to special items.
The impact of these items, net of taxes, on net income and diluted earnings per share was $9.3 million and $0.32, respectively, including a $1.7 million tax charge related to the Tax Act.
6 unchanged sentences
The impact of these items, net of taxes, on net income and diluted earnings per share was $1.6 million and $0.05, respectively.
−Removed: 5 - Includes pre-tax charges (benefits) of $6.0 million in fiscal 2016 and $0.1 million in fiscal 2015 relating to special items.
−Removed: Net income was (decreased) increased by these items, net of taxes, by ($3.2) million in fiscal 2016 and $1.0 million in fiscal 2015, respectively.
−Removed: The (decrease) increase of these items on diluted earnings per share were ($0.11) in fiscal 2016 and $0.03 in fiscal 2015, respectively.
+Added: 6 - Includes pre-tax charges (benefits) of $6.0 million in fiscal 2016 relating to special items.
+Added: Net income decreased by these items, net of taxes, by $3.2 million in fiscal 2016.
+Added: The decrease of these items on diluted earnings per share was ($0.11) in fiscal 2016.
+Added: Table o f Contents
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.