6 unchanged sentences
We did not repurchase any shares of our common stock in the fourth quarter of 2020.
−Removed: As of December 31, 2019 , we had $43.9 million available for future stock repurchases under our October 2018 repurchase authorization, which has no expiration date.
+Added: As of December 31, 2020, we had $41.3 million available for future stock repurchases in our repurchase program, which has no expiration date.
Authorization of future stock-repurchase programs is at the discretion of the board of directors and will depend on our financial condition, results of operations, capital requirements and business conditions as well as other factors.
6 unchanged sentences
Nasdaq Electronic Components
−Removed: _______________
(1) This Section is not “soliciting material,” is not deemed “filed” with the SEC and is not to be incorporated by reference in any filing of Power Integrations under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.
18 unchanged sentences
Stockholders’ equity
−Removed: _______________
−Removed: In October 2019 we entered into a favorable l itigation settlement with ON Semiconductor Corporation which resulted in a $169.0 million net gain (Refer to Note 13, Legal Proceedings and Contingencies , in our Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K).
+Added: (1) In July 2020, our board of directors approved a two-for-one stock split in the form of a stock dividend, payable on August 18, 2020, to stockholders of record as of the close of business on August 14, 2020.
+Added: Our stockholders received one additional share of common stock for each share of common stock held on August 14, 2020.
+Added: The share and per share information for all periods presented in this Form 10-K have been adjusted for the effect of the stock split ( Refer to Note 10, Earnings Per Share , in this Form 10-K for details ) .
+Added: (2) In October 2019, we entered into a favorable litigation settlement with ON Semiconductor Corporation which resulted in a $169.0 million net gain.
(3) In 2017, we adopted Accounting Standards Update 2014-09, Revenue from Contracts with Customers , which amended the accounting standards for revenue recognition.
−Removed: The standards were applied on a retrospective basis to 2015 and 2016.
+Added: The standards were applied on a retrospective basis to 2016.
(4) In December 2017, the U.S.
−Removed: governme nt enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act.
−Removed: In 2015 we acquired Cambridge Semiconductor Limited (CamSemi), a UK company.
+Added: government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act.
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.