10 unchanged sentences
On June 19, 2018, the Company’s Board of Directors approved a share buy-back plan.
−Removed: Under the plan, which became effective on September 1, 2018, the Company is authorized to acquire up to $75.0 million of its outstanding shares through August 31, 2020.
−Removed: The timing and amount of repurchases are based on terms and conditions as may be acceptable to the Company’s Chief Executive Officer and Chief Financial Officer and in compliance with all laws and regulations applicable thereto .
+Added: Under the plan, which became effective on September 1, 2018, the Company was authorized to acquire up to $75.0 million of its outstanding shares through August 31, 2020.
+Added: The timing and amount of repurchases were based on terms and conditions that were acceptable to the Company’s Chief Executive Officer and Chief Financial Officer and in compliance with all laws and regulations applicable thereto .
During the period from September 1, 2019 through August 31, 2020, the Company repurchased 92,583 shares at a total cost of $16.8 million under this $75.0 million plan .
−Removed: The following table provides information with respect to all purchases made by the Company during the three months ended August 31, 2019 .
−Removed: All purchases listed below were made in the open market at prevailing market prices.
−Removed: Purchase transactions between June 1, 2019 and July 12, 2019 were executed pursuant to trading plans adopted by the Company pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
−Removed: Dollar Value of
−Removed: Purchased as Part
−Removed: Shares that May
−Removed: Yet Be Purchased
−Removed: Announced Plans
−Removed: Under the Plans
−Removed: June 1 - June 30
−Removed: July 1 - July 31
−Removed: August 1 - August 31
+Added: On April 8, 2020, the Company elected to temporarily suspend repurchases under this share buy-back plan, which subsequently expired on August 31, 2020.
+Added: The Company made this election in order to preserve cash while it continued to monitor the impacts of the COVID-19 pandemic.
+Added: Therefore, no repurchase transactions were made between April 8, 2020 and August 31, 2020.
Selected Financial Data
12 unchanged sentences
Long-term obligations (1)
−Removed: (1) Long-term obligations include long-term debt, deferred tax liabilities, net and other long-term liabilities.
+Added: (1) Long-term obligations include long-term debt, deferred tax liabilities, net, long-term lease liabilities and other long-term liabilities.
+Added: Lease liabilities were included beginning in fiscal year 2020 in accordance with ASC 842 , which was adopted by the Company on September 1, 2020.
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.