4 unchanged sentences
If we do not effectively manage the risks associated with this currency risk, our revenue, cash flows and financial condition could be adversely affected.
−Removed: Although during 2019 and 2018, we recorded a foreign exchange gain of $321,000 and $165,000, respectively, during 2017 we recorded net foreign exchange loss of $602,000, included as part of other (expense) income, net in our consolidated statements of operation.
+Added: Although during 2019 and 2018, we recorded a foreign exchange gain of $321,000 and $165,000, respectively, during 2020 we recorded net foreign exchange loss of $411,000, included as part of other income, net in our consolidated statements of operation.
We incur foreign currency transaction exchange gains and losses due to operations in general.
31 unchanged sentences
The primary objective of our investment activities is to preserve principal while maximizing income without significantly increasing risk.
−Removed: Financial instruments that potentially subject us to concentration of credit risk consist primarily of cash and cash equivalents, short-term investments, and trade accounts receivable.
−Removed: We invest primarily in money market accounts, certificates of deposit, corporate bonds and notes, and government securities.
+Added: Financial instruments that potentially subject us to concentration of credit risk consist primarily of cash and cash equivalents, short-term investments, and accounts receivable.
+Added: We invest primarily in money market accounts, certificates of deposits, corporate bonds and notes, and government securities.
We are exposed to credit risks in the event of default by the issuers to the extent of the amount recorded on the consolidated balance sheets.
−Removed: These securities are generally classified as available-for-sale and consequently are recorded on the balance sheet at fair value with unrealized gains or losses reported as a separate component of accumulated other comprehensive income, net of estimated tax.
−Removed: Our cash, cash equivalents and short-term investments and long-term investments are in high-quality securities placed with major banks and financial institutions and commercial paper.
+Added: These securities are generally classified as available-for-sale and consequently are recorded on the balance sheet at fair value with unrealized gains or losses reported as a separate component of accumulated other comprehensive income (loss), net of estimated tax, further reduced by a valuation allowance for expected credit losses, if any.
+Added: Our cash, cash equivalents and short-term investments and long-term investments are in high-quality instruments placed with major banks and financial institutions and commercial paper.
We have no investments in auction rate securities.
−Removed: We perform ongoing credit evaluations of our customers’
−Removed: financial condition, and limit the amount of credit extended when deemed necessary, but generally do not require collateral.
+Added: We perform ongoing credit evaluations of our customers’ financial condition, and limit the amount of credit extended when deemed necessary, but generally do not require collateral.
The credit risk in our accounts receivable is mitigated by our credit evaluation process and the geographical dispersion of sales transactions.
−Removed: Three customers accounted for 14%, 13% and 12% of our trade accounts receivable as of December 31, 2019 and three customers accounted for 17%, 12% and 10% of our trade accounts receivable as of December 31, 2018.
−Removed: As part of our supply chain strategy, we maintain minority investments in privately-held raw material companies located in China either invested directly by us and our wholly-own subsidiary or indirectly through our consolidated joint venture companies.
+Added: Two customers accounted for 11% and 10% of our accounts receivable as of December 31, 2020 and three customers accounted for 14%, 13% and 12% of our accounts receivable as of December 31, 2019.
+Added: As part of our supply chain strategy, we maintain minority investments in privately-held raw material companies located in China either invested directly by us and our subsidiaries or through our consolidated joint venture companies.
These minority investments are reviewed for other than temporary declines in value on a quarterly basis.
8 unchanged sentences
The consolidated financial statements, related notes thereto and financial statement schedules required by this item are listed and set forth beginning on page 68, and are incorporated by reference here.
−Removed: Supplementary financial information regarding quarterly financial information required by this item is set forth under the caption “Selected Quarterly Results of Operations”
−Removed: in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,”
−Removed: and is incorporated by reference here.
+Added: Supplementary financial information regarding quarterly financial information required by this item is set forth under the caption “Selected Quarterly Results of Operations” in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and is incorporated by reference here.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
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.