10 unchanged sentences
The financial data for each period presented below reflects the consolidated results of STRATTEC SECURITY CORPORATION, its wholly owned Mexican subsidiary and its majority owned subsidiaries.
−Removed: Fiscal years 2016 and 2017 have been retrospectively adjusted for the adoption of an update to the accounting guidance for the presentation of net periodic pension cost and net periodic postretirement benefit cost which requires the service cost component of net periodic benefit cost to be reported in the same line items as other compensation costs arising from services rendered by the pertinent employees during the applicable period while remaining components of net periodic benefit cost are required to be presented separately outside a subtotal of income from operations.
+Added: Fiscal year 2017 has been retrospectively adjusted for the adoption of an update to the accounting guidance for the presentation of net periodic pension cost and net periodic postretirement benefit cost which requires the service cost component of net periodic benefit cost to be reported in the same line items as other compensation costs arising from services rendered by the pertinent employees during the applicable period while the remaining components of net periodic benefit cost are required to be presented separately outside a subtotal of income from operations.
The information below should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and the Financial Statements and Notes thereto included elsewhere herein.
2 unchanged sentences
Engineering, selling and administrative expenses
−Removed: (Loss) Income from operations
+Added: Income (loss) from operations
Interest income
−Removed: Equity (loss) earnings of joint ventures
+Added: Equity earnings (loss) of joint ventures
Interest expense
Pension termination settlement charge
−Removed: Other income (expense), net
−Removed: (Loss) income before taxes and non-controlling interest
−Removed: (Benefit) provision for income taxes
−Removed: Net (loss) income
+Added: Other (expense) income, net
+Added: Income (loss) before taxes and non-controlling interest
+Added: Provision (benefit) for income taxes
+Added: Net income (loss)
Net income attributable to non-controlling interest
−Removed: Net (loss) income attributable to
+Added: Net income (loss) attributable to
STRATTEC SECURITY CORPORATION
−Removed: (Loss) earnings per share attributable to
+Added: Earnings (loss) per share attributable to
STRATTEC SECURITY CORPORATION:
6 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.