13 unchanged sentences
Pursuant to the Company’s debt facilities, the Company is subject to limitations on dividends and repurchases of capital stock.
−Removed: If the Company’s Total Leverage Ratio is greater than 2.75 to 1.00, as defined in the Company’s Senior Secured Credit Facility, last amended on January 4, 2024, (see Note 10.
+Added: If the Company’s Total Leverage Ratio is greater than 2.75 to 1.00, as defined in the Company’s Senior Secured Credit Facility, last amended on October 18, 2024, (see Note 10.
“Debt,” for more details on the amendment), the Company is prohibited from making greater than $60.0 million of dividend payments, capital stock repurchases and certain other payments, over the course of the agreement.
12 unchanged sentences
— — 77,507,158
−Removed: Total 492,396 492,396
______________________________
4 unchanged sentences
The program may be suspended or discontinued at any time.
−Removed: There were 2,852,501 and 3,093,662 shares of the Company’s class A stock repurchased during the years ended December 31, 2023 and 2022, respectively.
+Added: There were no shares of the Company’s class A stock repurchased during the year ended December 31, 2024.
+Added: There were 2,852,501 shares repurchased during the year ended December 31, 2023.
As of December 31, 2024, there were $77.5 million of authorized repurchases remaining under the program.
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.