2 unchanged sentences
Our ordinary shares are traded on the New York Stock Exchange under the symbol “STE.”
−Removed: As of March 31, 2021, there were approximately 1,204 holders of record of our ordinary shares.
+Added: As of March 31, 2022, there were approxim ately 403 h olders of record of our ordinary shares.
Dividend Policy.
2 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers.
−Removed: On May 7, 2019, our Board of Directors authorized a share repurchase program resulting in a share repurchase authorization of approximately $79.0 million (net of taxes, fees and commissions).
+Added: On May 7, 2019, our Board of Directors authorized a share repurchase program of approximately $79.0 million (net of taxes, fees and commissions).
On July 30, 2019, our Board of Directors approved an increase in the May 7, 2019 authorization of an additional amount of $300.0 million (net of taxes, fees and commissions).
4 unchanged sentences
Due to the uncertainty surrounding the COVID-19 pandemic, share repurchases were suspended on April 9, 2020.
−Removed: From the start of fiscal 2021 through April 9, 2020, w e repurchased 35,000 of our ordinary shares for the aggregate amount of $5.0 million (net of fees and commissions) pursuant to the authorizations.
+Added: The suspension was lifted effective February 10, 2022, enabling the Company to resume stock repurchases pursuant to the prior authorizations.
+Added: From February 14, 2022, through March 31, 2022, we repurchased 108,368 of our ordinary shares for the aggregate amount of $25.0 million (net of taxes, fees and commissions) pursuant to the authorizations.
During fiscal 2022, we obtained 244,395 of our ordinary shares in the aggregate amount of $30.8 million in connection with share based compensation award programs.
15 unchanged sentences
(1) Does not include 5 shares purchased during the quarter at an average price of $235.63 per share by the STERIS Corporation 401(k) Plan on behalf of an executive officer of the Company who may be deemed to be an affiliated purchaser.
−Removed: SELECTED FINANCIAL DATA
−Removed: Years Ended March 31,
−Removed: (in thousands, except per share data) 2021 (1)
−Removed: Statements of Income Data:
−Removed: Revenues $ 3,107,519 $ 3,030,895 $ 2,782,170 $ 2,619,996 $ 2,612,756
−Removed: Gross profit 1,343,100 1,319,996 1,174,986 1,092,746 1,026,213
−Removed: Restructuring expenses (2,914) 673 30,987 103 215
−Removed: Income from continuing operations 548,368 537,046 411,024 399,883 226,206
−Removed: Income taxes 120,663 90,895 64,283 63,360 74,015
−Removed: Net income attributable to shareholders 397,400 407,659 303,721 290,915 109,965
−Removed: Basic income per ordinary share:
−Removed: Net income $ 4.66 $ 4.81 $ 3.59 $ 3.42 $ 1.29
−Removed: Shares used in computing net income per ordinary share – basic 85,203 84,778 84,577 85,028 85,473
−Removed: Diluted income per ordinary share:
−Removed: Net income $ 4.63 $ 4.76 $ 3.55 $ 3.39 $ 1.28
−Removed: Shares used in computing net income per ordinary share – diluted 85,898 85,641 85,468 85,713 86,094
−Removed: Dividends per ordinary share $ 1.57 $ 1.45 $ 1.33 $ 1.21 $ 1.09
−Removed: Balance Sheets Data:
−Removed: Working capital $ 633,834 $ 720,429 $ 603,751 $ 591,195 $ 636,219
−Removed: Total assets 6,574,471 5,440,867 5,088,283 5,200,334 4,924,455
−Removed: Long-term indebtedness 1,650,540 1,150,521 1,183,227 1,316,001 1,478,361
−Removed: Total liabilities 2,683,003 2,022,657 1,891,054 1,983,034 2,114,422
−Removed: Total shareholders’ equity 3,880,990 3,405,362 3,189,242 3,205,960 2,798,602
−Removed: (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
−Removed: (2) As a result of our adoption of ASU 2017-07, prior year amounts on our Consolidated Statements of Income have been reclassified to retroactively apply the components of the net periodic benefit cost of our defined benefit pension plans and our other post-retirements benefit plan.
−Removed: (3) The table reflects the change in accounting principle from the last-in, first-out method to the first-in, first-out method of accounting for inventory for fiscal years 2020 and 2019.
−Removed: Fiscal years 2018 and 2017 have not been adjusted to reflect the change.
−Removed: For more information see Note 1 titled, "Nature of Operations and Summary of Significant Accounting Policies" of the notes to the consolidated financial statements.
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.