3 unchanged sentences
We did not declare or pay any cash dividends on our common stock during 2023, 2022 or 2021.
−Removed: We currently anticipate we will retain any future cash flow to service debt, maintain existing restaurants and infrastructure, and execute on our long-term business strategy.
+Added: We currently anticipate we will retain future cash flow to service debt, maintain existing restaurants and infrastructure, and execute on our long-term business strategy.
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.
2 unchanged sentences
During the fiscal year ended December 31, 2023, 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 2022.
+Added: No share repurchases were made by the Company during fourth quarter 2023 and approximately $58.4 million remained available for future purchases as of December 31, 2023.
Our ability to repurchase shares is limited to certain conditions set forth by our lenders in the Credit Facility.
4 unchanged sentences
COMPARISON OF FIVE YEAR CUMULATIVE TOTAL RETURN (1)
−Removed: Among Red Robin Gourmet Burgers, Inc., The Russell 3000 Index
−Removed: and S&P 600 Restaurants Index
Fiscal Years Ended
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.