7 unchanged sentences
The cumulative translation effects for subsidiaries using a functional currency other than the U.S.
−Removed: dollar are included in accumulated other comprehensive (loss) income as a separate component of stockholders’
+Added: dollar are included in accumulated other comprehensive (loss) income as a separate component of stockholders’ equity.
We estimate that had the exchange rate in each country unfavorably changed by ten percent relative to the U.S.
3 unchanged sentences
We manage our interest rate risk through the use of derivative financial instruments.
−Removed: Specifically, we have entered into interest rate cap agreements to manage our exposure to potential interest rate increases that may result from fluctuations in LIBOR.
−Removed: We do not designate these derivatives as hedges for accounting purposes, and as a result, all changes in the fair value of derivatives, used to hedge interest rates, are recorded in “Interest expense, net”
−Removed: in our Consolidated Statements of Operations and Comprehensive (Loss) Income.
−Removed: As of December 31, 2022, we had interest rate cap contracts on $650.0 million of notional value of principal from various financial institutions, with a maturity dates of December 16, 2024 to manage our exposure to interest rate movements on variable rate credit facilities when one-months LIBOR on term loans exceeds cap of 0.75%.
+Added: Specifically, we have entered into interest rate cap agreements to manage our exposure to potential interest rate increases that may result from fluctuations in SOFR.
+Added: We do not designate these derivatives as hedges for accounting purposes, and as a result, all changes in the fair value of derivatives, used to hedge interest rates, are recorded in “Interest expense, net” in our Consolidated Statements of Operations and Comprehensive (Loss) Income.
+Added: As of December 31, 2023, we had interest rate cap contracts on $650.0 million of notional value of principal from various financial institutions, with a maturity date of December 16, 2024 to manage our exposure to interest rate movements on variable rate credit facilities when one-months SOFR on term loans exceeds cap of 0.75%.
+Added: We also had interest rate collar contracts with an aggregate notional value of principal of $300.0 million with a maturity date of April 5, 2026.
The aggregate fair value of our interest rate caps represented an outstanding net asset of $26.3 million as of December 31, 2023.
3 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.