3 unchanged sentences
based on inquiries of the registrant’s transfer agent, was 321.
−Removed: For this purpose, shareholders whose shares are
−Removed: held by brokers on behalf of such shareholders (shares held in “street name”) are not separately counted or included
−Removed: in that total.
+Added: For this purpose, shareholders whose shares are held by brokers
+Added: on behalf of such shareholders (shares held in “street name”) are not separately counted or included in that total.
Return Performance Presentation
−Removed: Shareholder Return Performance Presentation shall not be deemed to be “soliciting material” or subject to Regulations
−Removed: 14A or 14C of the Securities and Exchange Commission or to the liabilities of Section 18 of the Securities Exchange Act of 1934
−Removed: (the “Exchange Act”) and shall not be deemed incorporated by reference by any general statement incorporating by reference
−Removed: this annual report into any filing under the Securities Act of 1933 or under the Exchange Act, and shall not otherwise be deemed
−Removed: filed under such Acts.
−Removed: following graph shows the changes on a cumulative basis in the total shareholder return on the Omega Flex common stock, and compares
−Removed: those changes in shareholder return with the total return on the S&P 500 Index and the total return on the S&P 500 Building
−Removed: Products Index.
−Removed: The graph begins with a base value of $100 on December 31, 2015, and shows the cumulative changes over the last
−Removed: five years, ended on December 31, 2020.
−Removed: The graph assumes $100 was invested on December 31, in each of the three alternatives,
−Removed: and that all dividends have been reinvested.
+Added: Shareholder Return Performance Presentation shall not be deemed to be “soliciting material” or subject to Regulations 14A
+Added: or 14C of the Securities and Exchange Commission or to the liabilities of Section 18 of the Securities Exchange Act of 1934 (the “Exchange
+Added: Act”) and shall not be deemed incorporated by reference by any general statement incorporating by reference this annual report
+Added: into any filing under the Securities Act of 1933 or under the Exchange Act, and shall not otherwise be deemed filed under such Acts.
+Added: following graph shows the changes on a cumulative basis in the total shareholder return on the Omega Flex common stock and compares those
+Added: changes in shareholder return with the total return on the S&P 500 Index and the total return on the S&P 500 Building Products
+Added: The graph begins with a base value of $100 on December 31, 2016 and shows the cumulative changes over the last five years, ended
+Added: on December 31, 2021.
+Added: The graph assumes $100 was invested on December 31, in each of the three alternatives, and that all dividends have
+Added: been reinvested.
Company / Index
3 unchanged sentences
Company currently has a policy of paying regular quarterly dividends, which is expected to continue.
−Removed: In addition, the Company
−Removed: may pay special dividends from time to time, as we did during December 2019 and January 2017.
−Removed: Further details regarding dividends
−Removed: are contained in Note 6, Shareholders’ Equity to the Consolidated Financial Statements included in this report.
−Removed: Board, in its sole discretion, has a general policy of reviewing the cash needs of the Company from time to time, and based on
−Removed: results of operations, financial condition and capital expenditure plans, possible acquisitions, as well as other factors that
−Removed: the Board may consider relevant, determining on a quarterly basis whether to declare a regular quarterly dividend, or a special
+Added: In addition, the Company may pay
+Added: special dividends from time to time, as we did during December 2019.
+Added: Further details regarding dividends are contained in Note 6, Shareholders’
+Added: Equity to the Consolidated Financial Statements included in this report.
+Added: Board, in its sole discretion, has a general policy of reviewing the cash needs of the Company from time to time, and based on results
+Added: of operations, financial condition and capital expenditure plans, possible acquisitions, as well as other factors that the Board may
+Added: consider relevant, determining on a quarterly basis whether to declare a regular quarterly dividend, or a special dividend.
6 - SELECTED FINANCIAL DATA
−Removed: financial data for the Company for each of the last five years is shown in the following table, which is derived from and should
−Removed: be read in conjunction with the Consolidated Financial Statements included elsewhere in this report.
−Removed: OF FINANCIAL POSITION - as of December 31,
−Removed: (dollars in thousands except per share data)
−Removed: Working Capital
−Removed: Total Shareholders’ Equity
−Removed: Cash Dividends Declared per Common Share
−Removed: OF OPERATIONS - for the years ended December 31,
−Removed: (dollars in thousands except per share data)
−Removed: Net Income attributable to Omega Flex, Inc.
−Removed: Basic and Diluted Earnings per Common Share
−Removed: Net Income for these periods was $19,967, $17,425, $20,277, $15,846, and $14,546, respectively.
−Removed: The difference is attributable
−Removed: to the Net Income - Noncontrolling Interest.
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.