1 unchanged sentence
Disclosure Controls and Procedures.
−Removed: As of December 31, 2020, the Company carried out an evaluation, under the supervision and with the participation of the Company’s management, including the chief executive officer (“CEO”) and the chief financial officer (“CFO”), of the effectiveness of the Company’s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act.
−Removed: Disclosure controls and procedures are controls and other procedures designed reasonably to assure that information required to be disclosed in the Company’s reports filed or submitted under the Exchange Act, such as this Annual Report on Form 10-K, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
+Added: As of December 31, 2021, the Company carried out an evaluation, under the supervision and with the participation of the Company’s management, including the chief executive officer the (“CEO”) and the chief financial officer (the “CFO”), of the effectiveness of the Company’s disclosure controls and procedures (as defined in Rule 13a-15(e) and 15-d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act).
+Added: Based on this evaluation, the Company’s CEO and CFO have concluded that the Company’s disclosure controls and procedures were effective at the reasonable assurance level.
+Added: Disclosure controls and procedures are controls and other procedures designed reasonably to assure that information required to be disclosed in the Company’s reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
Disclosure controls and procedures are also designed reasonably to assure that this information is accumulated and communicated to the Company’s management, including the CEO and the CFO, as appropriate to allow timely decisions regarding required disclosure.
−Removed: Based on this evaluation, as of December 31, 2020, the Company’s CEO and CFO have concluded that the Company’s disclosure controls and procedures were effective at the reasonable assurance level.
−Removed: Management’s Report on Internal Control over Financial Reporting.
−Removed: The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting.
−Removed: The Company’s management assessed the effectiveness of the Company’s internal control over financial reporting as of December 31, 2020, using the criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) and concluded that the Company’s internal control over financial reporting was effective as of December 31, 2020.
−Removed: Grant Thornton LLP, an independent registered public accounting firm that audited the Company’s Consolidated Financial Statements, has also audited the effectiveness of the Company’s internal control over financial reporting as of December 31, 2020, as stated in their report included in the Company’s Consolidated Financial Statements.
−Removed: Changes in Internal Control over Financial Reporting .
−Removed: In 2016, we began the process of implementing a fully integrated ERP platform from SAP America, Inc.
−Removed: (“SAP”), as part of a multi-year plan to integrate and upgrade our systems and processes.
−Removed: As of October 1, 2020, SAP became operational in the U.S., the United Kingdom and Ireland.
−Removed: We believe the necessary steps have been taken to monitor and maintain appropriate internal control over financial reporting during this period of change and will continue to evaluate the operating effectiveness of related key controls during subsequent periods.
−Removed: As the phased implementation of this system continues, we are experiencing certain changes to our processes and procedures which, in turn, result in changes to our internal control over financial reporting.
−Removed: While we expect SAP to strengthen our internal financial controls by automating certain manual processes and standardizing business processes and reporting across our organization, management will continue to evaluate and monitor our internal controls as each of the affected areas evolves.
−Removed: For a discussion of risks related to the implementation of new systems, see “Item 1A — Risk Factors".
−Removed: We rely on complex software systems and hosted applications to operate our business, and our business may be disrupted if we are unable to successfully/ efficiently update these systems or convert to new systems in this Annual Report on Form 10-K.
−Removed: There were no changes in our internal control over financial reporting identified in management's evaluation pursuant to Rules 13a-15(d) or 15d-15(d) of the Exchange Act during the three months ended December 31, 2020, that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
−Removed: Inherent Limitations of Disclosure Controls and Procedures and Internal Control over Financial Reporting.
−Removed: The Company’s management, including the CEO and the CFO, does not, however, expect that the Company’s disclosure controls and procedures or the Company’s internal control over financial reporting will necessarily prevent all fraud and material errors.
+Added: The Company’s management, including the CEO and the CFO, does not, however, expect that the Company’s disclosure controls and procedures or the Company’s internal control over financial reporting will prevent all fraud and material errors.
Internal control over financial reporting, no matter how well conceived and operated, can provide only reasonable, not absolute assurance that the objectives of the control system are met.
4 unchanged sentences
Over time, controls may become inadequate because of changes in circumstances, or the degree of compliance with the policies and procedures may deteriorate.
+Added: Management’s Report on Internal Control over Financial Reporting.
+Added: The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting.
+Added: The Company’s management assessed the effectiveness of the Company’s internal control over financial reporting as of December 31, 2021, using the criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) and concluded that the Company’s internal control over financial reporting was effective as of December 31, 2021.
+Added: Grant Thornton LLP, an independent registered public accounting firm that audited the Company’s Consolidated Financial Statements, has also audited the effectiveness of the Company’s internal control over financial reporting as of December 31, 2021, as stated in their report included in the Company’s Consolidated Financial Statements.
+Added: There were no changes in our internal control over financial reporting identified in management's evaluation pursuant to Rules 13a-15(d) or 15d-15(d) of the Exchange Act during the three months ended December 31, 2021, that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Other Information.
42 unchanged sentences
and Simpson Strong-Tie International, Inc., as Guarantors, the several financial institutions party to the Agreement, as Lenders, and Well Fargo Bank, National Association, in its separate capacities as Swing Line Lender and L/C Issuer and as Administrative Agent, is incorporated by reference to Exhibit 10.1 of Simpson Manufacturing Co., Inc.’s Current Report on Form 8-K dated May 21, 2020.
+Added: 10.5 Fourth Amendment to Credit Agreement, dated as of July 12, 2021, among the Company, as Borrower, Simpson Strong-Tie Company Inc.
+Added: and Simpson Strong-Tie International, Inc., as Guarantors, the several financial institutions party to the Agreement, as Lenders, and Well Fargo Bank, National Association, in its separate capacities as Swing Line Lender, L/C Issuer and as Administrative Agent is incorporated by reference to Exhibit 10.1 of Simpson Manufacturing Co., Inc.’s Current Report on F orm 8-K dated July 12, 2021.
10.6* Simpson Manufacturing Co., Inc.
36 unchanged sentences
Chief Executive Officer:
−Removed: /s/Karen Colonias President, Chief Executive February 25, 2021
−Removed: (Karen Colonias) Officer and Director
−Removed: (principal executive officer)
+Added: /s/Karen Colonias Chief Executive Officer and Director February 25, 2022
+Added: (Karen Colonias) (principal executive officer)
Chief Financial Officer:
2 unchanged sentences
Andrasick Chairman of the Board and Director February 25, 2022
−Removed: /s/Michael A.
−Removed: Bless Director February 25, 2021
+Added: /s/Kenneth D.
+Added: Director February 25, 2022
/s/Jennifer A.
7 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.