7 unchanged sentences
The number of record holders does not include beneficial owners of our securities whose shares are held in the names of various security brokers, dealers, and registered clearing agencies.
−Removed: Our Board of Directors has adopted a dividend policy, pursuant to which we will make quarterly dividends on the Class A Common Stock, to the extent our Board of Directors determines that we have available cash, available borrowings and other funds legally available therefor, taking into account the retention of any amounts necessary to satisfy our obligations that will not be reimbursed by UBH, taxes and under the TRA, and any restrictions contained in any applicable bank financing agreement by which we or our subsidiaries are bound.
−Removed: Pursuant to the dividend policy, on September 10, 2020, our Board of Directors declared a cash dividend of $0.05 per share on our Class A Common Stock, to the stockholders of record on September 21, 2020.
−Removed: Payment of the dividend was executed on October 13, 2020.
−Removed: In addition, on December 10, 2020 our Board of Directors declared a cash dividend of $0.05 per share on our Class A Common Stock and an additional cash dividend in the aggregate amount of approximately $0.8 million, equating to approximately $0.01 per share, to the stockholders of record on December 21, 2020.
−Removed: Payment of the dividend was executed on January 11, 2021.
−Removed: Our Board of Directors expects to declare and pay a dividend on the outstanding shares of Class A Common Stock in an aggregate amount of no less than $0.20 per share of Class A Common Stock, per annum, with respect to the four fiscal quarters immediately following closing of the Business Combination (such dividend amount subject to adjustment for stock splits, reverse splits and other similar matters), including such dividends described above.
+Added: Our Board of Directors has adopted a dividend policy, pursuant to which we will make quarterly dividends on the Class A Common Stock, to the extent our Board of Directors determines that we have available cash, available borrowings and other funds legally available therefor, taking into account the retention of any amounts necessary to satisfy our obligations that will not be reimbursed by UBH, taxes and obligations under the TRA, and any restrictions contained in any applicable bank financing agreement by which we or our subsidiaries are bound.
+Added: We declared $15.6 million in cash dividends on our Class A Common Stock in 2021 and $7.2 million in 2020.
+Added: The annual dividend rate on our Common Stock in 2021 was $.204 per share.
+Added: For 2022, our Board of Directors expects to declare and pay a dividend on the outstanding shares of Class A Common Stock in an aggregate amount of no less than $0.216 per share of Class A Common Stock, per annum.
Notwithstanding the foregoing, we will have no obligation to distribute such cash (or other available cash other than any declared dividend) to our stockholders.
6 unchanged sentences
In addition, under Delaware law, our Board of Directors may declare dividends only to the extent of our surplus (which is defined as total assets at fair market value minus total liabilities, minus statutory capital) or, if there is no surplus, out of our net profits for the then-current and/or immediately preceding fiscal year.
−Removed: Securities Authorized for Issuance under Equity Compensation Plan
−Removed: See “Equity Compensation Plan Information” included in Section 12 of this Form 10-K
The following graph compares the total shareholder return from November 26, 2018, the date on which our Class A common shares commenced trading on the NYSE, through January 2, 2022 of (i) our Class A Common Stock, (ii) the Standard and Poor's 500 Stock Index (“S&P 500 Index”) and (iii) the Standard and Poor’s Packaged Foods & Meats Index.
−Removed: The stock performance graph and table assume an initial investment of $100 on August 28, 2020, and that all dividends of the S&P 500 Index and S&P Packaged Food & Meats Index, were reinvested.
+Added: The stock performance graph and table assume an initial investment of $100 on November 26, 2018, and that all dividends of the S&P 500 Index and S&P Packaged Food & Meats Index, were reinvested.
The performance graph and table are not intended to be indicative of future performance.
1 unchanged sentence
*Assumes $100 was invested on November 26, 2018, the day on which our Class A Common Stock commenced trading on the NYSE (which, prior to our domestication to a Delaware corporation in connection with the Business Combination, were referred to Class A Ordinary Shares).
−Removed: Selected Financial Data
−Removed: The selected financial information presented below for each of the last three years, was derived from our Consolidated Financial Statements.
−Removed: This information should be read in conjunction with our Consolidated Financial Statements and related notes and "Management's Discussion and Analysis of Financial Condition and Results of Operations."
−Removed: Successor Predecessor
−Removed: (in thousands, except share data) From
−Removed: August 29, 2020
−Removed: January 3, 2021 From
−Removed: December 30, 2019
−Removed: August 28, 2020 Year Ended December 29, 2019 Year Ended December 30, 2018
−Removed: Statement of operations:
−Removed: Net Revenue $ 325,648 $ 638,662 $ 768,228 $ 772,035
−Removed: Gross Profit 105,671 227,067 253,798 266,705
−Removed: Net (loss) income (16,050) 3,420 (13,364) (27,644)
−Removed: Earnings per common share attributable to:
−Removed: Basic and Diluted Class A share $ (0.13)
−Removed: Balance sheet:
−Removed: Total assets $ 2,584,164 $ 791,236 $ 778,547 $ 640,670
−Removed: Current and Non-current portion of term debt 778,469 637,105 640,125 646,392
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.