3 unchanged sentences
By policy, we do not enter into investments for trading or speculative purposes.
−Removed: As of July 2, 2022, we had cash, cash equivalents and marketable securities of $224.9 million, which was held primarily in cash, money market funds and highly liquid marketable securities such as U.S.
+Added: As of October 1, 2022, we had cash, cash equivalents and marketable securities of $234.7 million, which was held primarily in cash, money market funds and highly liquid marketable securities such as U.S.
government agency securities and commercial paper.
15 unchanged sentences
Our operating expenses are incurred primarily in the United States, in China associated with our research and development operations that are maintained there, in India for our new center of excellence and in the United Kingdom for our international sales and marketing activities.
−Removed: Our operating expenses are generally denominated in the functional currencies of our subsidiaries in which the operations are located.
+Added: Our operating expenses are generally denominated in the functional currencies of our
+Added: subsidiaries in which the operations are located.
The percentages of our operating expenses denominated in the following currencies for the indicated periods were as follows:
−Removed: Six Months Ended
+Added: Nine Months Ended
+Added: 2022 October 2,
USD 92 % 92 %
−Removed: If USD had appreciated or depreciated by 10%, relative to RMB, GBP and INR, our operating expenses for the first six months of 2022 would have decreased or increased by approximately $1.4 million, or approximately 1%.
+Added: If USD had appreciated or depreciated by 10%, relative to RMB, GBP and INR, our operating expenses for the first nine months of 2022 would have decreased or increased by approximately $2.1 million, or approximately 1%.
Foreign exchange rate fluctuations may also adversely impact our financial position as the assets and liabilities of our foreign operations are translated into USD in preparing our Condensed Consolidated Balance Sheets.
−Removed: The effect of foreign exchange rate fluctuations on our consolidated financial position for the six months ended July 2, 2022 was a net translation loss of $0.5 million.
+Added: The effect of foreign exchange rate fluctuations on our consolidated financial position for the nine months ended October 1, 2022 was a net translation loss of $0.8 million.
This loss is recognized as an adjustment to stockholders’ equity through “Accumulated other comprehensive loss.”
6 unchanged sentences
These foreign exchange forward contracts typically have maturities of approximately one to two months.
+Added: As of October 1, 2022, we had no forward contracts outstanding.
Transaction gains and losses on these foreign currency denominated assets and liabilities are recognized each period within “Other income (expense), net” in our Condensed Consolidated Statements of Comprehensive Income.
−Removed: During the six months ended July 2, 2022, the net loss we recognized related to these foreign exchange assets and liabilities of approximately $0.1 million.
+Added: During the nine months ended October 1, 2022, the net loss we recognized related to these foreign exchange assets and liabilities of approximately $0.3 million.
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.