15 unchanged sentences
Concentrix Peer Group
+Added: Table of Content
Securities Authorized for Issuance under Equity Compensation Plans
Information regarding the Securities Authorized for Issuance under Equity Compensation Plans can be found under Item 12 of this Report.
−Removed: Table of Content
On September 29, 2014, we announced the initiation of a quarterly cash dividend.
Since then, dividends have been declared in January, March, June and September and paid at the end of January, April, July and October.
+Added: On March 24, 2020, as a result of the unpredictable economic environment due to the impact of the COVID-19 pandemic, we announced the suspension of our quarterly dividend.
Dividends declared per share by fiscal quarter in 2020 and 2019 were as follows:
4 unchanged sentences
Fourth Quarter
−Removed: On January 9, 2020, we announced a cash dividend of $0.40 per share to stockholders of record as of January 24, 2020, payable on January 31, 2020.
+Added: On January 11, 2021, we announced the reinstatement of a quarterly cash dividend of $0.20 per share to stockholders of record as of January 22, 2021, payable on January 29, 2021.
Dividends are subject to continued capital availability, compliance with the covenants and conditions in some of our credit facilities and the declaration by our Board of Directors in the best interest of our stockholders.
Purchases of Equity Securities
−Removed: In June 2017, our Board of Directors authorized a three-year $300,000,000 share repurchase program, effective July 1, 2017, pursuant to which we may repurchase our outstanding common stock from time to time in the open market or through privately negotiated transactions.
−Removed: During the fiscal year ended November 30, 2019, we repurchased shares of our common stock aggregating 159,930 for an aggregate purchase price of $15,184,260.
−Removed: As of November 30, 2019, we had repurchased 839,517 shares of our common stock for a total cost of $81,171,706 since inception of the stock repurchase program, and the remaining authorized amount for stock repurchases under this program is $218,828,294.
−Removed: The share purchases were made on the open market and the shares repurchased by the Company are held in treasury for general corporate purposes.
+Added: In June 2020, our Board of Directors authorized a three-year $400 million share repurchase program, effective July 1, 2020, pursuant to which we may repurchase our outstanding common stock from time to time in the open market or through privately negotiated transactions.
+Added: As of November 30, 2020, we had not repurchased any shares under this program.
+Added: In June 2017, our Board of Directors authorized a three-year $300 million share repurchase program, effective July 1, 2017, pursuant to which we may repurchase our outstanding common stock from time to time in the open market or through privately negotiated transactions.
+Added: During the fiscal year 2020, we repurchased shares of our common stock aggregating 35,000 for an aggregate purchase price of $3.4 million under this program.
+Added: Through the expiration of this program in June 2020, we had repurchased 874,517 shares of our common stock for a total cost of $84.6 million.
+Added: The share purchases were made on the open market and the shares repurchased by us are held in treasury for general corporate purposes.
+Added: Table of Content
Selected Financial Data
9 unchanged sentences
except per share amounts)
−Removed: (As adjusted) (1)
−Removed: (As adjusted) (1)
Operating income
−Removed: Earnings per share attributable to SYNNEX
+Added: Earnings per common share:
Cash dividends declared per share
−Removed: Table of Content
+Added: ________________________________
+Added: We adopted Accounting Standards Update No.
+Added: 2014-19, “Revenue from Contracts with Customers (Topic 606),” during fiscal year 2019 on a full retrospective basis from fiscal year 2017.
+Added: The amounts for fiscal year 2016 has not been adjusted to reflect the adoption of this new revenue standard.
As of November 30,
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(in thousands)
−Removed: (As adjusted) (1)
−Removed: (As adjusted)
Cash and cash equivalents
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________________________________
−Removed: We adopted Accounting Standards Update No.
−Removed: 2014-19, “Revenue from Contracts with Customers (Topic 606),” during fiscal year 2019 on a full retrospective basis.
−Removed: The amounts for fiscal years 2018 and 2017 have been adjusted to reflect the adoption of this new revenue standard.
−Removed: See Note 2 to the Consolidated Financial Statements for further details.
+Added: (1) We adopted Accounting Standards Codification Topic 842, Leases effective December 1, 2019, applying the optional transition method, which allows an entity to apply the new standard at the adoption date with a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption.
Fiscal Years Ended November 30,
3 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.