9 unchanged sentences
We had cash, cash equivalents, and marketable securities of $415.9 million as of January 31, 2026, of which $287.6 million was invested in U.S.
−Removed: government securities, foreign securities, and corporate debt securities.
+Added: government securities and corporate debt securities.
Our cash and cash equivalents are held for working capital and general corporate purposes.
3 unchanged sentences
Fixed rate securities may have their market value adversely affected due to a rise in interest rates, while floating rate securities may produce less income than expected if interest rates fall.
−Removed: As of January 31, 2025, a hypothetical 10% change in interest rates would not have had a material impact on the consolidated financial statements.
+Added: As of January 31, 2026, a hypothetical 10% change in interest rates would not have had a material impact on our consolidated financial statements.
Because we classify our debt securities as “available for sale,” no gains or losses are recognized due to changes in interest rates unless such securities are sold prior to maturity or unless declines in fair value are determined to be non-temporary.
7 unchanged sentences
Our operating expenses are denominated in the currencies of the countries in which our operations are located, which are primarily the United States, United Kingdom, Singapore and Japan.
−Removed: The consolidated results of operations and cash flows are therefore subject to fluctuations due to changes in foreign currency exchange rates and may be adversely affected in the future due to changes in foreign exchange rates.
+Added: Our consolidated results of operations and cash flows are therefore subject to fluctuations due to changes in foreign currency exchange rates and may be adversely affected in the future due to changes in foreign exchange rates.
The assets and liabilities of each of our foreign subsidiaries are translated into U.S.
6 unchanged sentences
In the event our foreign currency denominated assets, liabilities, revenue, or expenses increase, our results of operations may be more greatly affected by fluctuations in the exchange rates of the currencies in which we do business.
−Removed: To date we have not engaged in the hedging of foreign currency transactions, although we may choose to do so in the future.
A hypothetical 10% change in the relative value of the U.S.
dollar to other currencies during any of the periods presented would not have had a material effect on our realized and unrealized gains (losses) on foreign exchange transactions.
+Added: To further reduce our net exposure to foreign currency exchange rate fluctuations, we use derivative financial instruments.
+Added: We primarily enter into forward exchange contracts to hedge certain portions of forecasted cash flows denominated in foreign
+Added: Further, we enter into forward exchange contracts to offset the earnings impact related to foreign currency exchange rate fluctuations on certain transactions.
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.