3 unchanged sentences
As of March 22, 2021, there were approximately 646 record holders of our common stock, which excludes holders whose stock is held either in nominee name or street name brokerage accounts.
−Removed: We have not historically paid any dividends on our common stock and do not expect to pay cash dividends on our common stock in the foreseeable future.
+Added: We have not historically paid any dividends on our common stock.
Payment of future cash dividends, if any, will be at the discretion of our board of directors after taking into account various factors, including our financial condition, operating results, current and anticipated cash needs, outstanding indebtedness and plans for expansion and restrictions imposed by lenders, if any.
6 unchanged sentences
The following graph compares the cumulative total return for the last trading day of our last five fiscal years on a $100 investment (assuming dividend reinvestment) on January 31, 2016, the last trading day before our fifth preceding fiscal year, in each of our common stock, the Russell 2000 Stock Index and the S&P Retailing Group Index.
+Added: 2016 2017 2018 2019 2020 2021
Titan Machinery Inc.
+Added: $ 100.00 $ 97.74 $ 152.09 $ 132.63 $ 86.41 $ 250.88
Russell 2000 Index 100.00 116.86 135.15 129.01 138.71 204.70
6 unchanged sentences
Year Ended January 31,
+Added: 2021 2020 2019 2018 2017
Store Count Data
2 unchanged sentences
Year Ended January 31,
+Added: 2021 2020 2019 2018 2017
(in thousands, except per share data)
Statement of Operations Data:
+Added: Equipment $ 1,016,071 $ 917,202 $ 909,178 $ 844,768 $ 838,037
+Added: Parts 244,676 234,217 210,796 203,231 214,103
+Added: Service 107,229 99,165 86,840 88,794 94,408
Rental and other 43,246 54,587 54,691 55,813 55,149
1 unchanged sentence
Cost of Revenue
+Added: Equipment 911,170 818,707 812,467 764,649 769,924
+Added: Parts 171,873 165,190 149,615 143,729 149,212
+Added: Service 36,692 33,446 29,036 30,679 31,490
Rental and other 30,125 37,010 38,799 38,249 37,342
Total Cost of Revenue 1,149,860 1,054,353 1,029,917 977,306 987,968
+Added: Gross Profit 261,362 250,818 231,588 215,300 213,729
Operating Expenses 220,774 225,722 201,537 203,203 211,372
−Removed: Impairment and Restructuring Costs
+Added: Impairments and Restructuring Costs 3,180 3,764 2,570 11,172 4,729
Income (Loss) from Operations 37,408 21,332 27,481 925 (2,372)
Other Income (Expense)
−Removed: Interest income and other income (expense)
+Added: Interest and other income (expense) 527 3,126 2,547 1,635 1,524
Interest expense (7,182) (9,806) (13,874) (16,999) (21,865)
2 unchanged sentences
Net Income (Loss) Including Noncontrolling Interest
+Added: 19,356 13,953 12,182 (7,049) (14,535)
Loss Attributable to Noncontrolling Interest — — — — (356)
Net Income (Loss) Attributable to Titan Machinery Inc.
+Added: $ 19,356 $ 13,953 $ 12,182 $ (7,049) $ (14,179)
Earnings (Loss) per Share:
+Added: Basic $ 0.86 $ 0.63 $ 0.55 $ (0.32) $ (0.65)
+Added: Diluted $ 0.86 $ 0.63 $ 0.55 $ (0.32) $ (0.65)
Weighted Average Shares Outstanding:
+Added: Basic 22,100 21,946 21,809 21,543 21,294
+Added: Diluted 22,104 21,953 21,816 21,543 21,294
+Added: 2021 2020 2019 2018 2017
(in thousands)
Balance Sheet Data:
+Added: Cash $ 78,990 $ 43,721 $ 56,745 $ 53,396 $ 53,151
Receivables, net 69,109 72,776 77,500 60,672 60,082
+Added: Inventories 418,458 597,394 491,091 472,467 478,266
Prepaid expenses and other 13,677 13,655 15,556 12,440 10,989
5 unchanged sentences
Deferred income taxes 3,637 2,147 3,010 3,472 547
+Added: Other assets 1,090 1,113 1,178 1,450 1,359
+Added: Total Assets $ 815,789 $ 975,343 $ 792,438 $ 760,308 $ 771,422
Accounts payable $ 20,045 $ 16,976 $ 16,607 $ 15,136 $ 17,326
15 unchanged sentences
(2) Amounts as of, and prior to January 31, 2018, do not include the reclassification of finance leases from current maturities of long-term debt to accrued expenses and other, as well as, long-term debt, less current maturities to other long-term liabilities.
−Removed: See Note 1 of our consolidated financial statements for further detail.
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.