The top photo is the original version while the bottom version is the reissued one. They are the same fragrance. The reissue is not a flanker. But was there reformulation? Most probably.
I own the original, which should still be available somewhere, especially on eBay. I have not smelled the current version so I cannot give you any info about differences due to reformulation. I'm sure some other Basenoters have, and can offer their opinions.
The original version is magnificent and well worth seeking out. I hope the current version is as good but I have my doubts.