4 unchanged sentences
The COVID-19 pandemic has adversely impacted and is expected to further adversely impact our business and results of operations.
−Removed: In December 2019, a strain of novel coronavirus disease, COVID-19, was identified in Wuhan, China.
−Removed: This virus has been declared a pandemic and has spread across the world, including throughout the United States, Europe and Asia.
+Added: In 2020, a strain of novel coronavirus disease, COVID-19, was declared a pandemic and has spread across the world, including throughout the United States, Europe and Asia.
The outbreak and government measures taken in response have also had a significant adverse impact, both direct and indirect, on our businesses and the economy.
1 unchanged sentence
For example, healthcare providers have deferred elective medical procedures in order to focus on combatting the pandemic, which has significantly reduced demand for certain of our medical products.
−Removed: Certain other customers are delaying their research and development programs, which has negatively affected the demand for some of our products.
+Added: Certain other customers have delayed their research and development programs, which has negatively affected the demand for some of our products.
If these trends continue, our revenues will continue to be negatively impacted.
6 unchanged sentences
The COVID-19 pandemic continues to rapidly evolve.
−Removed: The extent to which the outbreak impacts our business, liquidity and financial results will depend on future developments, which are highly uncertain and cannot be predicted with confidence, such as the continued geographic spread of the disease, the duration of the pandemic, travel restrictions and social distancing in the United States, the European Union, China and other countries, the duration and extent of business closures or business disruptions and the effectiveness of actions taken to contain and treat the disease.
+Added: The extent to which the outbreak impacts our business, liquidity and financial results will depend on future developments, which are highly uncertain and cannot be predicted with confidence, such as the continued geographic spread of the disease, the duration of the pandemic, the location, duration and magnitude of future waves of infection, travel restrictions and social distancing in the United States, the European Union, China and other countries, the duration and extent of business closures or business disruptions and the effectiveness of actions taken to contain and treat the disease.
If we or our customers experience prolonged shutdowns or other business disruptions beyond current expectations, our ability to conduct our business in the manner and within planned timelines could be materially adversely impacted, and our business and financial results may continue to be adversely affected.
−Removed: Additionally, concerns over the economic impact of the COVID-19 pandemic have caused extreme volatility in financial and other capital markets, which has adversely impacted and may continue to adversely impact our stock price and our ability to access capital markets.
+Added: Additionally, concerns over the economic impact of the COVID-19 pandemic have caused extreme volatility in financial and other capital markets, which adversely impacted and may continue to adversely impact our stock price and our ability to access capital markets.
Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The following table sets forth certain information with respect to repurchases of the Company’s common stock during the three months ended April 3, 2020.
−Removed: ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid Per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)(2)
−Removed: Approximate Dollar Value That May Yet Be Purchased Under the Plans or Programs (1)
−Removed: January 1 - January 31, 2020
−Removed: February 1 - February 28, 2020
−Removed: February 29 - April 3, 2020
−Removed: (1) In October 2018, the Company's Board of Directors approved a share repurchase plan ("the 2018 Repurchase Plan") authorizing the repurchase of up to an aggregate of $25.0 million of the Company's common shares.
−Removed: In February 2020, our Board of Directors approved a new share repurchase plan (the “2020 Repurchase Plan”) authorizing the repurchase of an additional $50.0 million worth of common shares.
−Removed: The shares may be repurchased from time to time, at the Company's discretion, based on ongoing assessment of the capital needs of the business, the market price of the Company's common shares, and general market conditions.
−Removed: No time limit was set for the completion of the share repurchase programs, and the programs may be suspended or discontinued at any time.
−Removed: In an effort to preserve cash in light of the economic slowdown caused by the COVID-19 pandemic, the Company has temporarily suspended the share repurchase plans.
−Removed: (2) The Company has repurchased 184,512 shares of its common shares pursuant to the 2018 Repurchase Plan since its adoption.
−Removed: During the three months ended April 3, 2020, no shares were repurchased under the 2020 Repurchase Plan.
Defaults Upon Senior Securities
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.