31 unchanged sentences
The Stock Repurchase Program was publicly announced on February 21, 2018.
−Removed: During the three months ended December 31, 2019, the Company repurchased 124,939 shares under the Stock Repurchase Program.
Stockholder Return Performance Graph
7 unchanged sentences
Other Stockholder Matters
−Removed: As of February 10, 2020, there were approximately 153 holders of record of our common stock, although we believe that there are a significantly larger number of beneficial owners of our common stock.
+Added: As of January 29, 2021, there were approximately 146 holders of record of our common stock, although we believe that there are a significantly larger number of beneficial owners of our common stock.
In 2020, we submitted to the NYSE in a timely manner the annual certification that our Chief Executive Officer was not aware of any violation by us of the NYSE corporate governance listing standards.
Selected Financial Data
−Removed: The following table presents selected financial data as of December 31, 2019, 2018, 2017, 2016, and 2015 for each year in the five-year period ended December 31, 2019.
+Added: The following table presents selected financial data as of December 31, 2020, 2019, 2018, 2017 and 2016 and for each year in the five-year period ended December 31, 2020.
The selected financial data should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our Consolidated Financial Statements and related notes thereto appearing elsewhere in this report.
16 unchanged sentences
Cash used in financing activities
−Removed: Other Data (unaudited):
EBITDA (non-GAAP)
4 unchanged sentences
All common stock share and per share data in the above table are presented on a post-split basis to reflect the two-for-one
−Removed: stock split of our common stock in the form of a stock dividend distributed on June 18, 2018 to stockholders of record at the close of business on May 23, 2018.
−Removed: In January 1, 2019, the Company adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No.
+Added: stock split of our common stock in the form of a stock dividend distributed on September 14, 2020 to stockholders of record at the close of business on August 19, 2020.
+Added: On January 1, 2019, the Company adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No.
“ Leases (Topic 842),
−Removed: ” and subsequent amendments to the initial
−Removed: guidance within ASU Nos.
+Added: ” and subsequent amendments to the initial guidance within ASU Nos.
(collectively, the standard).
1 unchanged sentence
(ROU) asset and a lease liability (current and non-current).
−Removed: The liability is equal to the present value of the lease payments over the remaining lease term.
+Added: The liability is equal to the present value of the lease
+Added: payments over the remaining lease term.
The asset is based on the liability, subject to certain adjustments.
15 unchanged sentences
Balance Sheet Classification of Deferred Taxes.
−Removed: Because the Company applied ASU No.
−Removed: prospectively in the quarterly period ended December 31, 2016, prior periods have not been adjusted.
−Removed: As a result, in 2016 deferred tax assets are now reported net of deferred tax liabilities, included as either a non-current
−Removed: asset or liability, and are no longer a component of working capital.
−Removed: Deferred tax assets or liabilities of prior fiscal years that were previously included in current assets or current liabilities continue to be reported as a component of working capital.
−Removed: Year ended December 31, 2015 was materially affected by a pre-tax
−Removed: increase of $7.8 million to the warranty reserve, the majority of which related to surface flaking.
EBITDA represents net income before interest, income taxes, depreciation and amortization.
18 unchanged sentences
(In thousands)
−Removed: Plus interest (income) expense, net
−Removed: Plus income tax provision
−Removed: Plus depreciation and amortization
+Added: Interest (income) expense, net
+Added: Income tax provision
+Added: Depreciation and amortization
EBITDA (non-GAAP)
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.