8 unchanged sentences
Certain interest rates are variable and fluctuate with current market conditions.
−Removed: Because of the short-term nature of these
−Removed: instruments, we would not expect a sudden change in market interest rates to have a material impact on our financial condition or results of operations.
+Added: Because of the short-term nature of these instruments, we would not expect a sudden change in market interest rates to have a material impact on our financial condition or results of operations.
We are also exposed to market risk as a result of increases or decreases in the amount of interest expense we must pay on our Term Loan Facility and borrowings on our bank credit facilities.
2 unchanged sentences
Due to our international operations, a significant portion of our cost of sales and operating expenses is denominated in currencies other than the U.S.
−Removed: Dollar, principally the Euro, the Philippine Peso and the Thai Baht.
+Added: Dollar, principally the Euro and the Philippine Peso.
As a result, our international operations give rise to transactional market risk associated with exchange rate movements of the U.S.
−Removed: Dollar, the Euro, the Philippine Peso and the Thai Baht.
−Removed: We reflected a loss of $2.9 million and a gain of $1.4 million for fiscal years 2021 and 2020, respectively.
+Added: Dollar, the Euro and the Philippine Peso.
+Added: We reflected losses of $0.6 million and $2.9 million for fiscal years 2022 and 2021, respectively.
Based on fiscal 2022 performance, a hypothetical appreciation (decline) in the value of the Euro in relation to the U.S.
−Removed: dollar of 10% would favorably (negatively) impact operating income by approximately $0.4 million ($0.4 million).
+Added: dollar of 10% would favorably (negatively) impact operating income by immaterial amounts.
A hypothetical 10% appreciation (decline) in the value of the Philippine peso in relation to the U.S.
−Removed: dollar would unfavorably impact operating income by approximately $0.1 million ($0.1 million).
−Removed: A hypothetical 10% increase (decrease) in the value of the Thai baht in relation to the U.S.
−Removed: dollar would unfavorably (favorably) impact operating income by approximately $0.1 million ($0.1 million).
+Added: dollar would negatively (favorably) impact operating income by immaterial amounts.
The individual impacts to our operating income of hypothetical currency fluctuations have been calculated in isolation from any potential responses to address such exchange rate changes in our foreign markets.
18 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.