LCII — what changed in the latest 10-Q
A section-by-section comparison of LCII's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-05 vs the prior 10-Q · 2025-10-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +76 | −121 | ~80 | 62 |
| Market risk (Item 3) | Text added/removed | +76 | −121 | ~80 | 61 |
| Controls & procedures | Text added/removed | +76 | −121 | ~80 | 61 |
| Legal proceedings | Text added/removed | +76 | −121 | ~80 | 61 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +76 | −121 | ~80 | 60 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-05
Vesting of stock-based awards, net of shares tendered for payment of taxes(6,625)(4,813)
Repayments under term loan and other borrowings(998)(280,093)
Proceeds from issuance of warrants concurrent with note hedge contracts— 27,600
Partial unwind of convertible note hedge and warrants— 1,378
Net (decrease) increase in cash and cash equivalents(80,378)65,487
Text removed vs the prior filing · source: 10-Q · 2025-10-30
Net cash flows used in investing activities(121,636)(50,566)
Vesting of stock-based awards, net of shares tendered for payment of taxes(5,242)(9,120)
Repayments under term loan and other borrowings(282,535)(26,357)
Proceeds from issuance of warrants concurrent with note hedge contracts27,600 —
Cash and cash equivalents at beginning of period165,756 66,157
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-05
Vesting of stock-based awards, net of shares tendered for payment of taxes(6,625)(4,813)
Repayments under term loan and other borrowings(998)(280,093)
Proceeds from issuance of warrants concurrent with note hedge contracts— 27,600
Partial unwind of convertible note hedge and warrants— 1,378
Net (decrease) increase in cash and cash equivalents(80,378)65,487
Text removed vs the prior filing · source: 10-Q · 2025-10-30
Net cash flows used in investing activities(121,636)(50,566)
Vesting of stock-based awards, net of shares tendered for payment of taxes(5,242)(9,120)
Repayments under term loan and other borrowings(282,535)(26,357)
Proceeds from issuance of warrants concurrent with note hedge contracts27,600 —
Cash and cash equivalents at beginning of period165,756 66,157
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-05
Vesting of stock-based awards, net of shares tendered for payment of taxes(6,625)(4,813)
Repayments under term loan and other borrowings(998)(280,093)
Proceeds from issuance of warrants concurrent with note hedge contracts— 27,600
Partial unwind of convertible note hedge and warrants— 1,378
Net (decrease) increase in cash and cash equivalents(80,378)65,487
Text removed vs the prior filing · source: 10-Q · 2025-10-30
Net cash flows used in investing activities(121,636)(50,566)
Vesting of stock-based awards, net of shares tendered for payment of taxes(5,242)(9,120)
Repayments under term loan and other borrowings(282,535)(26,357)
Proceeds from issuance of warrants concurrent with note hedge contracts27,600 —
Cash and cash equivalents at beginning of period165,756 66,157
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-05-05
Vesting of stock-based awards, net of shares tendered for payment of taxes(6,625)(4,813)
Repayments under term loan and other borrowings(998)(280,093)
Proceeds from issuance of warrants concurrent with note hedge contracts— 27,600
Partial unwind of convertible note hedge and warrants— 1,378
Net (decrease) increase in cash and cash equivalents(80,378)65,487
Text removed vs the prior filing · source: 10-Q · 2025-10-30
Net cash flows used in investing activities(121,636)(50,566)
Vesting of stock-based awards, net of shares tendered for payment of taxes(5,242)(9,120)
Repayments under term loan and other borrowings(282,535)(26,357)
Proceeds from issuance of warrants concurrent with note hedge contracts27,600 —
Cash and cash equivalents at beginning of period165,756 66,157
Other information
Text added vs the prior filing · source: 10-Q · 2026-05-05
Vesting of stock-based awards, net of shares tendered for payment of taxes(6,625)(4,813)
Repayments under term loan and other borrowings(998)(280,093)
Proceeds from issuance of warrants concurrent with note hedge contracts— 27,600
Partial unwind of convertible note hedge and warrants— 1,378
Net (decrease) increase in cash and cash equivalents(80,378)65,487
Text removed vs the prior filing · source: 10-Q · 2025-10-30
Net cash flows used in investing activities(121,636)(50,566)
Vesting of stock-based awards, net of shares tendered for payment of taxes(5,242)(9,120)
Repayments under term loan and other borrowings(282,535)(26,357)
Proceeds from issuance of warrants concurrent with note hedge contracts27,600 —
Cash and cash equivalents at beginning of period165,756 66,157
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice