4 unchanged sentences
During 2024, the Company paid a total of $46.5 million in cash dividends.
−Removed: O n January 19, 2024, the Company declared a quarterly cash dividend of $0.27 per share of common stock to be paid on April 25, 2024 to stockholders of record as of April 4, 2024.
+Added: On January 31, 2025, the Company declared a quarterly cash dividend of $0.28 per share of common stock to be paid on April 23, 2025 to stockholders of record as of April 3, 2025.
See "Note 20 — Subsequent Events" to the Company's consolidated financial statements.
−Removed: Future dividends, if any, will be determined by the Com pany’s Board of Directors, based on the Company’s future earnings, cash flows, financial
−Removed: condition and other factors deemed relevant by the Board of Directors.
+Added: 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.
See “Item 7 — Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
3 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.;
+Added: The Peer Group Index below consisted of A.O.
+Added: Smith Corporation;
+Added: Advance Drainage Systems, Inc.;
Allegion Plc;
3 unchanged sentences
Atkore, Inc.;
−Removed: Axek Company, Inc.;
Azek Company, Inc.;
1 unchanged sentence
Gibraltar Industries, Inc.;
−Removed: Masonite International Corp.;
+Added: James Hardie Industries plc;
+Added: Lousiana-Pacific Corporation;
Patrick Industries, Inc.;
−Removed: PGT Innovations, Inc.;
Quanex Building Products Corp.;
5 unchanged sentences
Period Total Number of Shares Purchased Average Price Paid per Share 1 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
−Removed: (in thousands)2
+Added: (in millions)2
October 1 - October 31, 2024 165,590 $ 181.87 165,000 $20.0
3 unchanged sentences
Approximately 41 thousand shares of the Company's common stock were repurchased in 2024, in connection with the withholding of shares to cover payroll taxes on vesting of stock-based compensation awards vested and for retirement eligible employees who retired during 2024.
−Removed: Approximately 361 thousand shares of the Company's common stock were repurchased in 2023 for a total amount of $50.0 million pursuant to the Board’s $100.0 million repurchase authorization that was publicly announced on December 15, 2022, which authorization expired on December 31, 2023.
−Removed: On October 19, 2023, the Board of Directors authorized the repurchase up to $100.0 million of the Company’s common stock from January 1, 2024 through December 31, 2024.
−Removed: 1 Average price paid per share of common shares repurchased excludes excise tax.
−Removed: As of January 1, 2023, the Company's share repurchases are subjected to a 1% excise tax enacted by the Inflation Reduction Act of 2022.
−Removed: The amount of excise tax incurred is included in the Company's Consolidated Statement of Stockholders' Equity for the year ended December 31, 2023.
−Removed: 2 Pursuant to the $100.0 million repurchase authorization from the Board of Directors on December 15, 2022, and which expired on December 31,
−Removed: See "Note 5 — Stockholder's Equity".
+Added: Approximately 559 thousand shares of the Company's common stock were repurchased in 2024 for a total amount of $100.0 million which authorization expired on December 31, 2024.
+Added: On October 23, 2024, we announced the Board of Directors authorized a new share repurchase program pursuant to which the Company my purchase up to $100.0 million of the Company’s common stock from January 1, 2025 through December 31, 2025.
+Added: This authorization replaces the previous share repurchase authorizations.
+Added: From February 1, 2025 to February 27, 2025, the Company repurchased 146,640 shares of the Company’s common stock in the open market at an average price of $170.48 per share for a total of approximately $25.0 million.
+Added: As a result, as of February 28, 2025, approximately $75.0 million remained available for share repurchase through December 31, 2025 under the Company’s previously announced $100.0 million share repurchase authorization.
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.