4 unchanged sentences
During 2021, the Company paid a total of $41.6 million in cash dividends.
−Removed: In January 2021, we declared a quarterly cash dividend of $0.23 per share of common stock to be paid on April 22, 2021 to stockholders of record as of April 1, 2021.
+Added: On January 20, 2022, we declared a quarterly cash dividend of $0.25 per share of common stock to be paid on April 28, 2022 to stockholders of record as of April 7, 2022.
+Added: See "Note 19 — Subsequent Events" to the Company's Consolidated Financial Statements.
Future dividends, if any, will be determined by the Company’s Board of Directors, based on the Company’s future earnings, cash flows, financial condition and other factors deemed relevant by the Board of Directors.
4 unchanged sentences
To provide an additional comparison to our performance, we included an index consisting of companies in the building products or construction materials industries that are most comparable to us in terms of size and nature of operations, which group has also been referenced by us in connection with setting our executive compensation.
−Removed: The Peer Group Index below consisted of AAON, Inc., Advance Drainage Systems, Inc., American Woodmark Corp, Apogee Enterprises, Inc., Armstrong World Industries, Inc., Eagle Materials Corp., GCP Applied Technologies, Inc., Gibraltar Industries, Inc., Insteel Industries, Inc., Masonite International Corp., Patrick Industries, Inc., PGT Innovations, Inc., Quanex Building Products Corp., Summit Material, LLC., and Trex Company, Inc.
+Added: The Peer Group Index below consisted of AAON, Inc., Advance Drainage Systems, Inc., American Woodmark Corp, Apogee Enterprises, Inc., Armstrong World Industries, Inc., Cornerstone Building Brands, Inc., Eagle Materials Corp., Gibraltar Industries, Inc., Insteel Industries, Inc., Masonite International Corp., Patrick Industries, Inc., PGT Innovations, Inc., Quanex Building Products Corp., Summit Materials, Inc., Trex Company, Inc., and GCP Applied Technologies.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: The table below presents the monthly repurchases of shares of our common stock during the fourth quarter of the fiscal year ended December 31, 2020.
−Removed: (a) (b) (c) (d)
−Removed: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Value of Shares that May Yet Be Purchased Under the Plans or Programs (1)
−Removed: (in millions)
−Removed: October 1 - October 31, 2020 55,624 $ 88.97 55,000 $32.4
−Removed: November 1 - November 30, 2020 32,630 $ 89.86 32,630 $29.5
−Removed: December 1 - December 31, 2020 63,344 $ 89.74 63,344 $23.8
−Removed: Total 151,598
−Removed: (1) Pursuant to the $100.0 million repurchase authorization that was publicly announced on December 9, 2019, and expired on December 31,
−Removed: See “Note 3 — Net Income per Share” to the Company’s Consolidated Financial Statements.
−Removed: On December 16, 2020, the Company’s Board of Directors authorized the repurchase up to $100.0 million of the Company’s common stock from January 1, 2021 through December 31, 2021.
−Removed: Selected Financial Data.
−Removed: The following selected consolidated financial data should be read in conjunction with Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the Company’s Consolidated Financial Statements and the related Notes thereto appearing in Part II, Item 8 “Financial Statements and Supplementary Data” of this Annual Report on Form 10-K, including any discussion of presentation changes, accounting changes, business combinations or dispositions of business operations therein to fully understand factors that may affect the comparability of the information.
−Removed: Historical performance is not necessarily indicative of future results.
−Removed: The consolidated statements of operations data for each of the years ended December 31, 2020, 2019 and 2018 and the consolidated balance sheets data as of December 31, 2020 and 2019 are derived from our audited consolidated financial statements of this Form 10-K.
−Removed: The consolidated statements of operations data for the years ended December 31, 2017 and 2016 and the consolidated balance sheets data as of December 31, 2018, 2017 and 2016 are derived from our audited consolidated financial statements, except as otherwise noted, that are not included in this Annual Report on Form 10-K.
−Removed: The information presented below is our historical data and not necessarily indicative of our future financial condition or results of operations.
−Removed: The financial data below includes the results of operations of acquired companies following their acquisition.
−Removed: Years Ended December 31,
−Removed: (in thousands, except per-share data)
−Removed: 2020 2019 2018 2017 2016
−Removed: Statement of Operations Data:
−Removed: Net sales $ 1,267,945 $ 1,136,539 $ 1,078,809 $ 977,025 $ 860,661
−Removed: Income from operations 252,363 181,254 172,625 138,273 141,670
−Removed: Percentage of sales 19.9 % 15.9 % 16.0 % 14.2 % 16.5 %
−Removed: Net income $ 187,000 $ 133,982 $ 126,633 $ 92,617 $ 89,734
−Removed: Percentage of sales 14.7 % 11.8 % 11.7 % 9.5 % 10.4 %
−Removed: Earnings per share of common stock:
−Removed: Basic $ 4.28 $ 3.00 $ 2.74 $ 1.95 $ 1.87
−Removed: Diluted $ 4.27 $ 2.98 $ 2.72 $ 1.94 $ 1.86
−Removed: Cash dividends declared per share of common stock $ 0.92 $ 0.91 $ 0.87 $ 0.81 $ 0.70
−Removed: (in thousands)
−Removed: 2020 2019 2018 2017 2016
−Removed: Balance Sheet Data:
−Removed: Lease obligations, deferred income taxes and other long-term liabilities $ 57,565 $ 44,502 $ 14,569 $ 16,254 $ 5,336
−Removed: Total stockholders’ equity 980,943 891,957 855,514 884,778 865,842
−Removed: Total assets 1,232,569 1,095,366 1,021,663 1,037,523 979,974
+Added: 56,668 shares were purchased in 2021, for shares withheld for settlement of payroll taxes from stock-based compensation awards vested and for retirement eligible employees who retired during 2021.
+Added: No purchases occurred in Q4 2021.
+Added: 222,060 shares for $24.1 million were purchased in 2021, pursuant to the Board’s $100.0 million repurchase authorization that was publicly announced on December 16, 2020, which authorization expired on December 31, 2021.
+Added: On November 18, 2021, the Company’s Board of Directors authorized the repurchase up to $100.0 million of the Company’s common stock from January 1, 2022 through December 31, 2022.
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.