4 unchanged sentences
We currently do not pay a dividend.
−Removed: Future dividends, if any, and the timing of declaration of any such dividends, will be at the discretion of the Board and will depend upon many factors including, but not limited to, our results of operations, financial condition, level of indebtedness, capital requirements, contractual restrictions, restrictions in our debt agreements and in any preferred stock, business prospects and other factors that our Board deems relevant.
−Removed: See Note 20–Stockholders’ Equity in our notes to the consolidated financial statements included elsewhere in this Annual Report on Form 10-K.
+Added: In connection with Amendment No.
+Added: 12 to our Amended Credit Agreement, we are restricted from paying any dividends or making restricted payments, including share repurchases, through the third quarter of 2022 unless certain conditions are met.
+Added: See Note 11–Long-Term Debt in the notes to the consolidated financial statements included elsewhere in this Annual Report on Form 10-K.
Stock Price Performance
4 unchanged sentences
SeaWorld Entertainment, Inc.
−Removed: S&P 500 Index - Total Returns
+Added: S&P 500 Index - Total Return
S&P Midcap 400 Index
33 unchanged sentences
Under the Share Repurchase Program, we are authorized to repurchase shares through open market purchases, privately-negotiated transactions or otherwise in accordance with applicable federal securities laws, including through Rule 10b5-1 trading plans and under Rule 10b-18 of the Exchange Act.
+Added: Through December 31, 2020, prior to the COVID-19 temporary park closures, we repurchased an aggregate total of approximately $12.4 million, leaving approximately $237.6 million available under the Share Repurchase Program as of December 31, 2020.
+Added: All of the common stock is held as treasury shares as of December 31, 2020.
+Added: In connection with Amendment No.
+Added: 12 to our Amended Credit Agreement, we are restricted from making restricted payments, including share repurchases, through the third quarter of 2022 unless certain conditions are met.
+Added: See Note 11–Long-Term Debt in the notes to the consolidated financial statements included elsewhere in this Annual Report on Form 10-K.
Selected Financial Data
2 unchanged sentences
The selected financial data as of December 31, 2018, 2017 and 2016 and for the fiscal years ended December 31, 2017 and 2016 have been derived from our audited consolidated financial statements not included in this Annual Report on Form 10-K.
−Removed: The following tables should be read in conjunction with “ Management’s Discussion and Analysis of Financial Condition and Results of Operations ” and the consolidated financial statements and the notes thereto included in “ Financial Statements and Supplementary Data .”
+Added: The following tables should be read in conjunction with “ Management’s Discussion and Analysis of Financial Condition and Results of Operations ” and the consolidated financial statements and the notes thereto included in “ Financial Statements and Supplementary Data .” The COVID-19 pandemic has materially impacted our revenue and results of operations for the year ended December 31, 2020.
+Added: See the “ Business” and “ Risk Factors ” sections included elsewhere in this Annual Report on Form 10-K for further discussion of the adverse impacts of the COVID-19 pandemic on our business.
SEAWORLD ENTERTAINMENT, INC.
2 unchanged sentences
Year Ended December 31,
−Removed: Selected Statements of Comprehensive Income (Loss) Data:
+Added: Selected Statements of Comprehensive (Loss) Income Data:
(In thousands, except per share and per capita amounts)
11 unchanged sentences
Total costs and expenses
−Removed: Operating income (loss)
+Added: Operating (loss) income
Other expense (income), net
2 unchanged sentences
of discounts and debt issuance costs
−Removed: Income (loss) before income taxes
−Removed: Provision for (benefit from) income taxes
−Removed: Net Income (loss)
+Added: (Loss) income before income taxes
+Added: (Benefit from) provision for income taxes
+Added: Net (loss) income
Per share data:
−Removed: Earnings (loss) per share, basic
−Removed: Earnings (loss) per share, diluted
+Added: (Loss) earnings per share, basic
+Added: (Loss) earnings per share, diluted
Cash dividends declared per share
9 unchanged sentences
Total long-term debt, net
+Added: Total (deficit) equity
During the year ended December 31, 2016, $2.6 million of separation costs have been reclassified to severance and other separation costs to conform with the 2020 presentation.
Calculated as total revenue divided by total attendance.
−Removed: Total assets as of December 31, 2019 includes the impact from the adoption of Accounting Standards Codification (“ASC”) 842, Leases , which required right of use assets associated with the Company’s leases to be recorded on the balance sheet.
−Removed: Right of use assets–operating leases of approximately $141.4 million are included in total assets as of December 31, 2019.
+Added: Total assets as of December 31, 2020 and 2019 includes the impact from the adoption of Accounting Standards Codification (“ASC”) 842, Leases , which required right of use assets associated with the Company’s leases to be recorded on the balance sheet.
+Added: Right of use assets–operating leases of approximately $136.6 million and $141.4 million are included in total assets as of December 31, 2020 and 2019, respectively.
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.