13 unchanged sentences
Units) Purchased as Part of Publicly Announced Plans or Programs (d) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs (b)
−Removed: October 1, 2019 through October 31, 2019 — $ — — $ 25,000,000
+Added: October 1, 2020 through October 31, 2020 375 (a) $ 38.18 — $ 20,947,113
November 1, 2020 through November 30, 2020 11 (a) 42.15 — 20,947,113
6 unchanged sentences
Year Ended December 31,
−Removed: 2019 (a)(b)(c)
−Removed: 2017 (a)(c)(e)(f)
+Added: 2020 (a)(b)(c)(d)
2019 (a)(c)(d)
+Added: 2017 (a)(d)(f)(g)
+Added: 2016 (a)(d)(e)
Consolidated Statements of Income Data:
7 unchanged sentences
Long-term debt, less current maturities 38,271 40,659 31,628 24,182 31,642
−Removed: (a) During 2019, we determined that we would "more likely than not" realize a potion of our deferred tax asset and reduced our valuation allowance by $168.
+Added: (a) During 2020, 2019, 2017 and 2016, we determined that we would "more likely than not" realize a portion of our deferred tax asset and reduced our valuation allowance by $422, $168, $578 and $718, respectively.
During 2018, we determined that we would not "more likely than not" realize a portion of our deferred tax asset and increased our valuation allowance by $1,304.
−Removed: During 2017, 2016, and 2015, we determined that we would "more likely than not" realize a portion of our deferred tax asset and reduced our valuation allowance by $578, $718, and $2,385, respectively.
(see Note 6 for additional information)
−Removed: (b) Net income for 2019 included the Company's agreement to pay a $1,000 fine and an administrative penalty of $251 in connection with the chemical release incident in Atchison, Kansas in October 2016.
+Added: (b) Net income for 2020 included $633 insurance recovery income related to estimated business interruption losses of $1,728 for the ransonware cyber-attack.
+Added: Net income also included $3,780 insurance recovery income for estimated business interruption and other related insurable costs of $4,947 related to the feed dryer fire incident in Atchison, Kansas.
+Added: Additionally, net income includes $1,932 of CEO transition costs and $919 of business acquisition costs (Luxco).
+Added: (c) Net income for 2020 included legal fees of $585 in connection with the chemical release incident in Atchison, Kansas in October 2016.
+Added: Additionally, net income for 2019 included the Company's agreement to pay a $1,000 fine, an administrative penalty of $251 and legal fees of $597.
(see Note 9 for additional information)
−Removed: (c) In March 2016, the FASB issued ASU No.
−Removed: 2016-09, Compensation—Stock Compensation (Topic 718) Improvements to Employee Share-Based Payment Accounting .
−Removed: For 2019, 2018, 2017, and 2016, respectively, we received a combined federal and state tax effected excess tax benefit of $3,336, $1,437, $4,625, and $1,571 from windfalls related to employee share-based compensation recognized as a reduction to income tax expense.
−Removed: Retrospective application to 2015 was not required.
−Removed: (d) Net income for 2016 included a legal settlement agreement and a gain on sale of long-lived assets of $3,385 before tax.
−Removed: (e) In 2017, we completed the sale of our equity ownership interest in ICP to Pacific Ethanol, consistent with a Merger Agreement, and, as a result, recorded a gain on sale of equity method investment of $11,381 before tax, which is included in Net income for 2017 (see Note 4 for additional information).
−Removed: (f) On December 22, 2017, the United States enacted tax reform legislation commonly known as the Tax Cuts and Jobs Act (the "Tax Act"), resulting in significant modifications to existing law.
−Removed: We recorded a provisional discrete net tax benefit in our Consolidated Statements of Income through Net income of $3,343 in 2017 (see Note 6 for additional information).
+Added: (d) For 2020, 2019, 2018, and 2017, respectively, we received a combined federal and state tax effected excess tax benefit of $67, $3,336, $1,437, and $4,625 related to employee share-based compensation recognized as a reduction to income tax expense.
+Added: (e) Net income for 2016 included a legal settlement agreement and a gain on sale of long-lived assets of $3,385 before tax.
+Added: (f) In 2017, we completed the sale of our equity ownership interest in ICP to Pacific Ethanol, consistent with a Merger Agreement, and, as a result, recorded a gain on sale of equity method investment of $11,381 before tax, which is included in Net income for 2017.
+Added: (g) On December 22, 2017, the United States enacted tax reform legislation commonly known as the Tax Cuts and Jobs Act (the "Tax Act"), resulting in significant modifications to existing law.
+Added: We recorded a provisional discrete net tax benefit in our Consolidated Statements of Income through Net income of $3,343 in 2017.
Selected Financial Information.
1 unchanged sentence
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.