3 unchanged sentences
As of the end of business on February 12, 2021, we had 327 shareholders of record.
−Removed: We expect to maintain a policy of emphasizing longer-term growth of capital rather than dividend income and do not anticipate paying cash dividends in the foreseeable future.
+Added: We currently retain all of our earnings for use in the operation and expansion of our business, to repurchase or redeem capital stock, and in the repayment of our debt.
+Added: We have never declared or paid any cash dividends on our capital stock and may not pay any cash dividends in the foreseeable future.
+Added: Whether or not dividends will be paid in the future will depend on, among other things, our results of operations, financial condition, level of indebtedness, cash requirements, covenants in our financings, contractual restrictions and other factors that our board of directors and our shareholders may deem relevant.
Performance Graph
12 unchanged sentences
Financial Results
+Added: Net sales $ 802,583 $ 898,260 $ 879,091 $ 821,043 $ 656,314
Income before income tax expense $ 68,534 $ 55,126 $ 110,589 $ 132,925 $ 82,280
+Added: Net income $ 49,990 $ 47,319 $ 87,651 $ 80,459 $ 48,283
Per Share Data
1 unchanged sentence
Diluted earnings per share $ 2.67 $ 2.53 $ 4.70 $ 4.34 $ 2.65
+Added: Book value $ 54.65 $ 50.27 $ 46.12 $ 41.99 $ 35.28
Financial Position
1 unchanged sentence
Current liabilities $ 111,509 $ 100,225 $ 107,180 $ 113,808 $ 101,185
−Removed: Ratio of current assets to current liabilities
+Added: Ratio of current assets to current liabilities 4.3 to 1 4.6 to 1 4.5 to 1 4.0 to 1 4.5 to 1
Cash and cash equivalents $ 191,785 $ 166,849 $ 167,738 $ 181,159 $ 227,767
1 unchanged sentence
Property, plant and equipment, net $ 272,378 $ 260,246 $ 242,759 $ 179,611 $ 176,916
+Added: Total assets $ 1,264,005 $ 1,273,181 $ 1,279,344 $ 1,125,134 $ 1,056,500
Borrowings under revolving credit facility $ 25,000 $ 123,000 $ 228,482 $ 130,982 $ 235,877
9 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.