4 unchanged sentences
Stock Price Performance Graph
−Removed: The stock price performance graph below, which assumes a $100 investment on November 30, 2015, compares our cumulative total stockholder return, the NYSE Composite Index, S&P Midcap 400 Index, Computer and Peripheral Equipment index and a peer group of our Concentrix segment for the period beginning November 30, 2015 through November 30, 2020.
+Added: The stock price performance graph below, which assumes a $100 investment on November 30, 2016, compares our cumulative total stockholder return, the NYSE Composite Index, S&P Midcap 400 Index and Computer and Peripheral Equipment index for the period beginning November 30, 2016 through November 30, 2021.
The Computer and Peripheral Equipment index is based on the Standard Industrial Classification Code 5045—Wholesale Computer and Computer Peripheral Equipment and Software.
−Removed: The companies selected to form the Concentrix peer group index include Accenture plc, Genpact Limited, Teleperformance S.A., TTEC Holdings Inc., Conduent Inc., Transcosmos Inc., Sykes Enterprises, Inc., and Globant S.A.
The closing price per share of our common stock was $103.46 on November 30, 2021.
1 unchanged sentence
Fiscal Years Ended
−Removed: SYNNEX Corporation
+Added: TD SYNNEX Corporation
NYSE Composite Index
1 unchanged sentence
Computers and Peripheral Equipment
−Removed: Concentrix Peer Group
−Removed: 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.
+Added: Table of Content s
On September 29, 2014, we announced the initiation of a quarterly cash dividend.
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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;
+Added: however, 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 .
Dividends declared per share by fiscal quarter in 2021 and 2020 were as follows:
−Removed: Fiscal Years Ended
+Added: Fiscal Years Ended November 30,
First Quarter
2 unchanged sentences
Fourth Quarter
−Removed: 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.
−Removed: 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.
−Removed: Purchases of Equity Securities
+Added: On January 11, 2022, the Company announced a cash dividend of $0.30 per share to stockholders of record as of January 21, 2022, payable on January 28, 2022.
+Added: Dividends are subject to continued capital availability and the declaration by our Board of Directors in the best interest of our stockholders.
+Added: Repurchases of Equity Securities
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.
As of November 30, 2021, we had not repurchased any shares under this program.
−Removed: 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.
−Removed: 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.
−Removed: 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.
−Removed: The share purchases were made on the open market and the shares repurchased by us are held in treasury for general corporate purposes.
−Removed: Table of Content
−Removed: Selected Financial Data
−Removed: The following selected consolidated financial data are qualified by reference to, and should be read together with, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in Item 7 of this Report and the Consolidated Financial Statements and related Notes included in Item 8 of this Report.
−Removed: The selected Consolidated Statements of Operations and other data presented below for fiscal years 2020, 2019 and 2018 and the consolidated balance sheet data as of November 30, 2020 and 2019 have been derived from our audited Consolidated Financial Statements included elsewhere in this Report.
−Removed: The Consolidated Statements of Operations and other data for fiscal years 2017 and 2016 and the Consolidated Balance Sheet data as of November 30, 2018, 2017 and 2016 have been derived from our Consolidated Financial Statements that are not included in this Report.
−Removed: The Consolidated Statements of Operations data include the operating results from our acquisitions from the closing date of each acquisition.
−Removed: Historical operating results are not necessarily indicative of the results that may be expected for any future period.
−Removed: Please see “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Notes 2 and 3 to our Consolidated Financial Statements included elsewhere in this Report for a discussion of factors, such as business combinations and the adoption of new accounting guidance, that affect the comparability of the following selected consolidated financial data.
−Removed: Fiscal Years Ended November 30,
−Removed: Statements of Operations Data:
−Removed: (in thousands,
−Removed: except per share amounts)
−Removed: Operating income
−Removed: Earnings per common share:
−Removed: Cash dividends declared per share
−Removed: ________________________________
−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 from fiscal year 2017.
−Removed: The amounts for fiscal year 2016 has not been adjusted to reflect the adoption of this new revenue standard.
−Removed: As of November 30,
−Removed: Balance Sheet Data:
−Removed: (in thousands)
−Removed: Cash and cash equivalents
−Removed: Working capital
−Removed: Borrowings, current
−Removed: Long-term borrowings
−Removed: ________________________________
−Removed: (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.
−Removed: Fiscal Years Ended November 30,
−Removed: (in thousands)
−Removed: Depreciation and amortization
−Removed: Table of Content
+Added: Table of Content s
+Added: Table of Content s
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.