9 unchanged sentences
We are subject to foreign exchange risk at our foreign subsidiaries that have operations denominated in currencies other than the U.S.
−Removed: These foreign operations represent 28.8% and 26.9% of total assets at December 31, 2023 and 2022, respectively, and 13.4% and 17.1% of total net sales for the years ended December 31, 2023 and 2022, respectively.
+Added: These foreign operations represent 26.9% and 28.8% of total assets as of December 31, 2024 and 2023, respectively, and 13.5% and 13.4% of total net sales for the years ended December 31, 2024 and 2023, respectively.
Each period, the balance sheets and related results of operations of our subsidiaries that are denominated in non-U.S.
17 unchanged sentences
The most significant component of our inventory is steel.
+Added: We anticipate that steel prices will increase during 2025, including as a result of the tariffs on all steel imports recently imposed by the Trump administration and other trade policies implemented by the U.S.
+Added: and foreign governments.
Significant increases in the market price of steel can negatively impact our gross profit as we are often unable to pass along all of these price increases to our customers.
1 unchanged sentence
We utilize strategies that include forward-looking contracts and advanced steel purchases to ensure supply and minimize the impact of price volatility.
+Added: Table of Content s
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.