3 unchanged sentences
The following table presents information with respect to repurchases of Common Shares made by us during the three months ended December 31, 2021.
−Removed: There were no Common Shares delivered to us by employees as payment for withholding taxes due upon vesting of performance share awards and share unit awards during the three months ended December 31, 2020.
+Added: There were 354 Common Shares delivered to us by employees as payment for withholding taxes due upon vesting of performance share awards and share unit awards during the year ended December 31, 2021
Total number of
13 unchanged sentences
12/1/21-12/31/21
−Removed: Other than the repurchase of Common Shares in March 2020 and May 2019 and the repurchase of Common Shares of 80,427 and 136,644, respectively, to satisfy employee tax withholdings associated with the delivery of Common Shares earned by employees pursuant to equity-base awards under the Company’s Long-Term Incentive Plan there were no other repurchases of Common Shares made by us during the years ended December 31, 2020 or 2019.
+Added: Other than the repurchase of Common Shares in March 2020 and the repurchase of Common Shares of 79,434 and 80,427, respectively, to satisfy employee tax withholdings associated with the delivery of Common Shares earned by employees pursuant to equity-base awards under the Company’s Long-Term Incentive Plan there were no other repurchases of Common Shares made by us during the years ended December 31, 2021 or 2020.
Refer to Note 2 of the consolidated financial statements for additional details regarding Common Share repurchases.
1 unchanged sentence
Performance Graph
−Removed: Set forth below is a line graph comparing the cumulative total return of a hypothetical investment in our Common Shares with the cumulative total return of hypothetical investments in the Morningstar Auto Parts Industry Group Index and the NYSE Composite Index based on the respective market price of each investment as of December 31, 2015, 2016, 2017, 2018, 2019 and 2020 assuming in each case an initial investment of $100 on December 31, 2015, and reinvestment of dividends.
+Added: Set forth below is a line graph comparing the cumulative total return of a hypothetical investment in our Common Shares with the cumulative total return of hypothetical investments in the Dow Jones U.S.
+Added: Auto Parts (TR) Index and the NYSE Composite Index.
+Added: The Dow Jones U.S.
+Added: Auto Parts (TR) Index replaces the Morningstar Auto Parts Index in this analysis and going forward, as the latter data is no longer accessible.
+Added: The latter index has been included with data through 2020.
+Added: The graph is based on the respective market price of each investment as of December 31, 2016, 2017, 2018, 2019, 2020 and 2021 assuming in each case an initial investment of $100 on December 31, 2016, and reinvestment of dividends.
Stoneridge, Inc.
+Added: Dow Jones U.S.
+Added: Auto Parts Total Return Index
Morningstar Auto Parts Index
NYSE Composite Index
−Removed: Selected Financial Data.
−Removed: The following table sets forth selected historical financial data and should be read in conjunction with the consolidated financial statements and notes related thereto and other financial information included elsewhere herein.
−Removed: The selected historical data was derived from our consolidated financial statements.
−Removed: Year ended December 31, (in thousands, except per share data)
−Removed: Statement of Operations Data:
−Removed: Control Devices
−Removed: Electronics (B)
−Removed: Stoneridge Brazil
−Removed: Total net sales
−Removed: Operating (loss) income:
−Removed: Control Devices
−Removed: Electronics (B)
−Removed: Stoneridge Brazil
−Removed: Unallocated Corporate (F)
−Removed: Total operating (loss) income
−Removed: Equity in earnings of investees
−Removed: (Loss) income before income taxes from continuing operations (B)
−Removed: Net (loss) income (B) (C) (D) (E)
−Removed: Net loss attributable to noncontrolling interest (E)
−Removed: Net (loss) income attributable to Stoneridge, Inc.
−Removed: (B) (C) (D) (E)
−Removed: Basic (loss) earnings per share attributable to Stoneridge, Inc.
−Removed: Diluted (loss) earnings per share attributable to Stoneridge, Inc.
−Removed: Other Continuing Operations Data:
−Removed: Design and development
−Removed: Capital expenditures
−Removed: Depreciation and amortization (G)
−Removed: Balance Sheet Data (as of December 31):
−Removed: Working capital
−Removed: Long-term debt, net of current portion
−Removed: Shareholders' equity
−Removed: (A) The amounts for 2019 include the effect of the disposal of Non-core Products which is disclosed in Note 2 to the Company’s consolidated financial statements.
−Removed: The Company recognized a gain on disposal of Non-core Products, net of $33,599 which is included within our Control Devices segment .
−Removed: (B) The amounts for 2020, 2019, 2018 and 2017 include the Orlaco business as of the acquisition date which is included within our Electronics operating segment and is disclosed in Note 2 to the Company’s consolidated financial statements.
−Removed: (C) The amounts for 2017 include the impact of the Tax Legislation, a net tax benefit of $(9,062), consisting of an increase in tax expense of $6,207 due to the one-time deemed repatriation tax, offset by the favorable impact of the reduced tax rate on the Company’s net deferred tax liabilities and other deferred tax adjustments of $(15,269) related to certain earnings included in the one-time transition tax.
−Removed: (D) The Company recorded a release of a valuation allowance associated with its U.S.
−Removed: federal, certain state and foreign deferred tax assets of $48.5 million for the year ended December 31, 2016.
−Removed: (E) The Company recorded a full valuation allowance on Stoneridge Brazil’s net deferred tax assets of $1,237 for the year ended December 31, 2016 of which $322 was attributable to noncontrolling interest.
−Removed: (F) Unallocated corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation.
−Removed: (G) These amounts represent depreciation and amortization on fixed and certain finite-lived intangible assets.
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.