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but stepped down from the Audit Committee, the Compensation Committee and the Executive Committee as of such date. 

## (14) QUARTERLY FINANCIAL INFORMATION (Unaudited) 

The following table contains selected unaudited financial data for each quarter. 

<img src='content_image/1058382.jpg'>

## (15) SUBSEQUENT EVENTS 

The Company has evaluated the impact of subsequent events as defined by the accounting guidance through the date this report was issued. 

On February 6, 2021, Baylor University and Southwestern Baptist Theological Seminary, the two sole charitable beneficiaries of the Foundation (the “Foundation Beneficiaries”) gained control of the Foundation and entered into a Mutual Agreement for Compromise, Settlement and Release with the Company and its individual directors (the “Foundation Settlement Agreement”) to resolve the litigation that had been filed by the Foundation against the Company and its eight individual board members captioned Harold E. Riley Foundation v. Claus, et al.  in the District Court (the “Colorado Court”) for Arapahoe County, Colorado (the “Colorado Litigation”). On February 10, 2021, the Colorado Court entered an order granting final approval of the Foundation Settlement Agreement. 

The Foundation Settlement Agreement, among other things, provided for certain governance arrangements, including certifying the Company's board membership as it existed as of August 12, 2020, as well as the repurchase by the Company of all of the Company's shares of Class B common stock held by the Foundation. 

