8 unchanged sentences
Our cash and cash equivalents are not subject to significant interest rate risk due to the short maturities of these instruments.
−Removed: As of March 31, 2022, the carrying value of our cash and cash equivalents approximated fair value.
+Added: As of June 30, 2022, the carrying value of our cash and cash equivalents approximated fair value.
Our return on these investments is subject to interest rate fluctuations.
−Removed: As of March 31, 2022 and December 31, 2021, we had cash and cash equivalent investments primarily in cash and checking accounts of $93.9 million and $66.8 million, respectively.
+Added: As of June 30, 2022 and December 31, 2021, we had cash and cash equivalent investments primarily in cash and checking accounts of $76.3 million and $66.8 million, respectively.
We do not have interest rate risk on our outstanding long-term debt as these arrangements have fixed interest rates.
13 unchanged sentences
Our objective in managing foreign exchange risk is to minimize the potential exposure to changes that exchange rates might have on earnings, cash flows and financial position.
−Removed: Foreign exchange gain for the three months ended March 31, 2022 and 2021 were $0.2 million and $0.4 million, respectively.
−Removed: The decrease in our gains recognized in earnings in the three months ended March 31, 2022 and 2021 were attributable to lower inter-company balances between periods in foreign subsidiaries that were in functional currencies other than the U.S.
+Added: Foreign exchange gain for the three and six months ended June 30, 2022 were $1.6 million and $1.8 million, respectively.
+Added: Foreign exchange gain for the three and six months ended June 30, 2021 were zero and $0.4 million, respectively.
+Added: The foreign exchange gains were attributable to higher inter-company balances between periods in foreign subsidiaries that were in functional currencies other than the U.S.
Dollar and exchange rate fluctuations.
−Removed: Cumulative translation adjustment losses, included in other comprehensive income for the three months ended March 31, 2022 and 2021 were $2.1 million and $7.7 million.
+Added: Cumulative translation adjustment (losses) gains, included in other comprehensive income for the three months ended June 30, 2022 and 2021 were $(4.3) million and $2.4 million.
+Added: Cumulative translation adjustment losses, included in other comprehensive income for the six months ended June 30, 2022 and 2021 were $(6.5) million and $(5.3) million.
We currently do not have derivative financial instruments for hedging, speculative or trading purposes and therefore are not subject to such hedging risk.
1 unchanged sentence
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.