4 unchanged sentences
See the discussion under Item 7, " Management's Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources" and Note 13 to the Company's financial statements captioned " Long-term Debt," included in Item 8, " Financial Statements and Supplementary Data ," within this Form 10-K.
−Removed: Performance Graphs
+Added: Performance Graph
The following graph compares the cumulative total stockholder return from December 31, 2015 through December 31, 2020 for TriMas common stock, the Russell 2000 Index and the S&P SmallCap 600 Capped Industrials Index.
1 unchanged sentence
The graph assumes that $100 was invested on December 31, 2015 in each of TriMas common stock, the stocks comprising the Russell 2000 Index and the stocks comprising the S&P SmallCap 600 Capped Industrials Index.
−Removed: The following graph also compares TriMas common stock, the Russell 2000 Index and the S&P SmallCap 600 Capped Industrials Index, but displays the cumulative total stockholder return over a four year period from December 31, 2015 through December 31, 2019 .
−Removed: Management believes this comparison of more recent relative returns is helpful information, as it highlights TriMas' improved results following the implementation of the TriMas Business Model in 2016.
−Removed: The TriMas Business Model is the common framework under which we operate our multi-industry set of business.
−Removed: We have assumed that dividends have been reinvested and returns have been weighted-averaged based on market capitalization.
−Removed: The graph assumes that $100 was invested on December 31, 2015 in each of TriMas common stock, the stocks comprising the Russell 2000 Index and the stocks comprising the S&P SmallCap 600 Capped Industrials Index.
Issuer Purchases of Equity Securities
The following table provides information about purchases made by the Company, or on behalf of the Company by an affiliated purchaser, of shares of the Company's common stock during the three months ended December 31, 2020.
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
+Added: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)
2 unchanged sentences
December 1, 2020 to December 31, 2020 — $ — — $ 161,705,818
+Added: Total 140,371 $ 23.92 140,371 $ 161,705,818
__________________________
−Removed: In February 2019, the Company announced its Board of Directors had authorized the Company to increase the purchase of its common stock up to $75 million in the aggregate from its previous authorization of $50 million.
−Removed: In November 2019, the Company announced its Board of Directors further increased the Company's common stock share repurchase authorization to $150 million in the aggregate.
+Added: (1) In March 2020, the Company announced its Board of Directors had authorized the Company to increase the purchase of its common stock up to $250 million in the aggregate from its previous authorization of $150 million.
The increased authorization includes the value of shares already purchased under the previous authorization.
−Removed: The share repurchase program is effective and has no expiration date.
Pursuant to this share repurchase program, during the three months ended December 31, 2020, the Company repurchased 140,371 shares of its common stock at a cost of approximately $3.4 million.
+Added: The share repurchase program is effective and has no expiration date.
Selected Financial Data
−Removed: The financial data for each of the five years presented has been derived from our financial statements and notes to those financial statements, which have been audited by Deloitte & Touche LLP.
−Removed: The following data should be read in conjunction with Item 7, " Management's Discussion and Analysis of Financial Condition and Results of Operations, " and our audited financial statements included in Item 8, " Financial Statements and Supplementary Data ," within this Form 10-K.
−Removed: The following tables set forth our selected historical financial data from continuing operations for the five years ended December 31, 2019 (dollars and shares in thousands, except per share data).
−Removed: Year ended December 31,
−Removed: Statement of Operations Data:
−Removed: Operating profit (loss) (a)
−Removed: Income (loss) from continuing operations (a)
−Removed: Per Share Data:
−Removed: Continuing operations (a)
−Removed: Weighted average shares
−Removed: Continuing operations (a)
−Removed: Weighted average shares
−Removed: Year ended December 31,
−Removed: Balance Sheet Data:
−Removed: Goodwill and other intangibles (a)
−Removed: __________________________
−Removed: During 2016, we recorded goodwill and indefinite-lived intangible asset impairment charges totaling approximately $98.9 million .
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.