2 unchanged sentences
As of March 8, 2022, there were 92 registered owners of our common stock.
−Removed: We did not declare or pay any cash dividends on our common stock during 2020 and 2019.
−Removed: We currently anticipate we will retain any future cash flow to pay down debt, maintain existing restaurants and infrastructure, and execute on our long-term transformation strategy.
−Removed: Our credit agreement currently limits us from declaring or paying any dividends or making any other repurchases on any of our shares, and we are subject to certain covenant ratios, including a leverage ratio and fixed charge coverage ratio, under our credit agreement.
+Added: We did not declare or pay any cash dividends on our common stock during 2021, 2020 or 2019.
+Added: We currently anticipate we will retain any future cash flow to pay down debt, maintain existing restaurants and infrastructure, and execute on our long-term business strategy.
+Added: Our credit facility has certain limitations on paying dividends or making repurchases of our shares, and we are subject to certain covenant ratios, including a leverage ratio under our credit agreement.
Any future determination relating to our dividend policy will be made at the discretion of our board of directors and will depend on then existing conditions, including our financial condition, results of operations, contractual restrictions, capital requirements, business prospects, and other factors our board of directors may deem relevant.
Issuer Purchases of Equity Securities
−Removed: During the fiscal quarter ended December 27, 2020, the Company did not have any sales of securities in transactions that were not registered under the Securities Act that have not been reported in a Current Report on Form 8-K.
−Removed: No share repurchases were made by the Company during the fourth fiscal quarter of 2020.
−Removed: Our ability to repurchase shares is limited to conditions set forth by our lenders in the Second Amendment prohibiting us from repurchasing additional shares until the first fiscal quarter of 2022 at the earliest and not until we deliver a covenant compliance certificate demonstrating a lease adjusted leverage ratio less than or equal to 5.00:1.00.
+Added: During the fiscal year ended December 26, 2021, the Company did not have any sales of securities in transactions that were not registered under the Securities Act that have not been reported in a Current Report on Form 8-K.
+Added: No share repurchases were made by the Company during 2021.
+Added: Our ability to repurchase shares is limited to certain conditions set forth by our lenders in the credit facility.
Performance Graph
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This performance graph shall not be deemed to be "soliciting material" or to be "filed" under either the Securities Act or the Exchange Act.
−Removed: Tabl e of Contents
COMPARISON OF FIVE YEAR CUMULATIVE TOTAL RETURN (1)
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(2) The S&P 600 Restaurants includes companies such as Bloomin' Brands Inc., Brinker International, Inc., Chuy's Holdings Inc., Dine Brands Global, Inc., Fiesta Restaurant Group, Inc., and The Cheesecake Factory Incorporated.
−Removed: Selected Financial Data
−Removed: Not applicable.
−Removed: Tabl e of Contents
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.