2 unchanged sentences
Market risk represents the risk of loss that may impact our financial position due to adverse changes in financial market prices and rates.
−Removed: Our market risk exposure is primarily the result of fluctuations in interest rates and foreign currency exchange rates.
+Added: Our market risk exposure is primarily
+Added: the result of fluctuations in interest rates and foreign currency exchange rates.
The uncertainty that exists with respect to the economic impact of the global COVID-19 pandemic has also introduced significant volatility in the financial markets.
Interest Rate Risk
−Removed: We had cash and cash equivalents of $149.2 million as of March 31, 2020, which consisted of cash in readily available checking accounts and overnight repurchase investments.
+Added: We had cash and cash equivalents of $256.1 million as of June 30, 2020, which consisted of cash in readily available checking accounts and overnight repurchase investments.
These securities are not dependent on interest rate fluctuations that may cause the principal amount of these assets to fluctuate.
−Removed: At March 31, 2020, we had no outstanding borrowings.
+Added: At June 30, 2020, we had no outstanding borrowings.
Foreign Currency Exchange Risk
1 unchanged sentence
Due to our international operations, we have foreign currency risks related to revenue and operating expenses denominated in currencies other than the U.S.
−Removed: dollar, primarily the British Pound Sterling, Euro, Australian Dollar, Singaporean Dollar, Swedish Krona, and Swiss Franc.
+Added: dollar, primarily the British pound sterling, Euro, Australian dollar, Singapore dollar, Swedish krona, and Swiss franc.
Our sales contracts are primarily denominated in the local currency of the customer making the purchase.
7 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.