10 unchanged sentences
Our Credit Agreement with BMO Harris Bank N.A.
−Removed: (“BMO Harris”) and our Amended Note Agreement with Prudential requires that certain minimum net worth and tangible net worth levels are to be maintained.
+Added: (“BMO Harris”) and our Amended Note Agreement with Prudential requires that we maintain a maximum debt to earnings ratio and a minimum fixed charge coverage ratio.
To the extent that these balances are not attained, our ability to pay dividends may be impaired.
−Removed: See Note 3 of the Notes to the Consolidated Financial Statements for further information about our note agreements.
+Added: See Note 4 of the Notes to the Consolidated Financial Statements for further information about our debt agreements.
Issuer Repurchase of Equity Securities
10 unchanged sentences
Our Board of Directors authorized the repurchase of 300,000 shares of Class B Stock on March 21, 2018, however, there have been no repurchases of Class B Stock for the three months ended July 31, 2024 and the authorized Class B Stock is not included in the table above.
+Added: 262,092 shares of Class B Stock remain authorized for repurchases as of July 31, 2024.
No shares of our Class A Common Stock are currently outstanding.
2 unchanged sentences
For purposes of our consolidated financial statements included in this Form 10-K, the impact of these repurchases is recorded according to the settlement dates.
−Removed: 3 1,031 shares of Common Stock were surrendered by employees to pay taxes related to restricted stock awards.
−Removed: 4 Our Board of Directors authorized the repurchase of 250,000 shares on June 14, 2012 and an additional 750,000 shares on March 11, 2019.
+Added: 3 All shares of Common Stock were surrendered by employees to pay taxes related to restricted stock awards.
+Added: 4 Our Board of Directors authorized the repurchase of 750,000 shares on March 11, 2019.
These authorizations do not have a stated expiration date.
4 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.