11 unchanged sentences
(ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of the Company’s management and directors;
−Removed: and (iii) provide
−Removed: reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.
+Added: and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.
6 unchanged sentences
Other Information
−Removed: Not applicable.
+Added: During the fourth fiscal quarter ended January 31, 2024, no director or officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation S-K, nor has the Company adopted or terminated a "Rule 10-b5-1 trading arrangement".
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.
10 unchanged sentences
The information required by this Item is incorporated by reference to information set forth in the Company’s definitive Proxy Statement to be filed within 120 days after the end of the Company’s fiscal year end of January 31, 2024.
−Removed: Exhibits, Financial Statement Schedules
+Added: Exhibit and Financial Statement Schedules
The following consolidated financial statements of Virco Mfg.
Corporation are set forth in Item 8 of this Annual Report on Form 10-K.
−Removed: Report of Independent Registered Public Accounting Firm (Moss Adams L L P Los Angeles, CA PCAOB ID:
−Removed: Report of Independent Registered Public Accounting Firm for the year ended January 31, 2022 (PCAOB ID:
+Added: Report of Independent Registered Public Accounting Firm (Moss Adams LLP Los Angeles, CA PCAOB ID:
Consolidated Balance Sheets as of January 31, 202 4 and 20 23
−Removed: Consolidated Statements of Operation s for the Years Ended January 31, 202 3 and 20 22
−Removed: Consolidated Statements of Comprehensive Income ( Loss ) for the Years Ended January 31, 202 3 and 20 22
+Added: Consolidated Statements of Income for the Years Ended January 31, 202 4 and 20 23
+Added: Consolidated Statements of Comprehensive Income for the Years Ended January 31, 202 4 and 202 3
Consolidated Statements of Stockholders' Equity for the Years Ended January 31, 202 4 and 20 23
13 unchanged sentences
Ending Balance
−Removed: Allowance for doubtful accounts for the period ended:
+Added: Allowance for credit lossess for the period ended:
January 31, 2024 $ 200 $ — $ — $ 200
29 unchanged sentences
/s/ Bassey Yau Vice President, Accounting, Corporate Controller, Assistant Secretary and Assistant Treasurer (Principal Accounting Officer) April 12, 2024
−Removed: /s/ Alexander L.
−Removed: Cappello Director April 28, 2023
/s/ Craig Levra Director April 12, 2024
/s/ Robert Lind Director April 12, 2024
+Added: /s/ Bradley Richardson Director April 12, 2024
+Added: Bradley Richardson
/s/ Kathy Virtue Young Director April 12, 2024
30 unchanged sentences
Corporation and Virco, Inc., as borrowers, and PNC Bank, National Association, as lender and administrative agent (incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed with the Commission on April 21, 2022).
+Added: 10.3.3 Amendment No.
+Added: 3 to Amended and Restated Revolving Credit and Security Agreement and Limited Waiver, dated May 5, 2023, by and among Virco Mfg.
+Added: Corporation and Virco, Inc., as borrowers, and PNC Bank, National Association, as lender and administrative agent (incorporated by reference to Exhibit 10.4 to the Company's Current Report on Form 8-K filed with the Commission on May 19, 2023).
10.4† Virco Mfg.
7 unchanged sentences
Consent of Independent Registered Public Accounting Firm (PCAOB ID No.
−Removed: 23.2* Consent of Independent Registered Public Accounting Firm (PCAOB ID No.
31.1* Certification of the Chief Executive Officer Pursuant to Rule 13a-14(a) under the Securities and Exchange Act of 1934, as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
2 unchanged sentences
Section 1350.
+Added: 97* Policy relating to recovery of erroneously awarded compensation.
101.INS* XBRL Instance Document.
8 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.