1 unchanged sentence
Interest Rate Risk
−Removed: The primary objectives of our investment activity are to preserve principal, provide liquidity and maximize income without significantly increasing risk.
+Added: The primary objectives of our investment activity are to preserve principal, provide liquidity and maximize income without
+Added: significantly increasing risk.
By policy, we do not enter into investments for trading or speculative purposes.
−Removed: As of September 28, 2024, we had cash, cash equivalents and marketable securities of $287.6 million, which was held primarily in cash, money market funds and highly liquid marketable securities such as U.S.
+Added: As of March 29, 2025, we had cash, cash equivalents and marketable securities of $282.3 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.
17 unchanged sentences
The percentages of our operating expenses denominated in the following currencies for the indicated periods were as follows:
−Removed: Nine Months Ended
−Removed: September 28,
−Removed: 2024 September 30,
+Added: Three Months Ended
+Added: 2025 March 30,
USD 83 % 84 %
−Removed: If USD had appreciated or depreciated by 10%, relative to RMB, INR, CAD and GBP, our operating expenses for the first nine months of 2024 would have decreased or increased by approximately $5.2 million, or approximately 1%.
+Added: If USD had appreciated or depreciated by 10%, relative to RMB, INR, CAD and GBP, our operating expenses for the first three months of 2025 would have decreased or increased by approximately $2.2 million, or approximately 2%.
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 nine months ended September 28, 2024 was a net translation gain of $0.2 million.
+Added: The effect of foreign exchange rate fluctuations on our consolidated financial position for the three months ended March 29, 2025 was a net translation gain of $0.1 million.
This gain is recognized as an adjustment to stockholders’ equity through “Accumulated other comprehensive income (loss).”
6 unchanged sentences
These foreign exchange forward contracts typically have maturities of approximately one to two months.
−Removed: As of September 28, 2024, we had no forward contracts outstanding.
+Added: As of March 29, 2025,
+Added: we had no forward contracts outstanding.
Transaction gains and losses on these foreign currency denominated assets and liabilities are recognized each period within “Other expense, net” in our Condensed Consolidated Statements of Comprehensive Income (Loss).
−Removed: During the nine months ended September 28, 2024, the net loss we recognized related to these foreign currency denominated assets and liabilities was approximately $0.4 million.
+Added: During the three months ended March 29, 2025, the net loss we recognized related to these foreign currency denominated assets and liabilities was 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.