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 September 30, 2022, the carrying value of our cash and cash equivalents approximated fair value.
+Added: As of March 31, 2023, 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 September 30, 2022 and December 31, 2021, we had cash and cash equivalent investments primarily in cash and checking accounts of $103.7 million and $66.8 million, respectively.
+Added: As of March 31, 2023 and December 31, 2022, we had cash and cash equivalent investments primarily in cash of $111.3 million and $94.2 million, respectively.
We do not have interest rate risk on our outstanding long-term debt as these arrangements have fixed interest rates.
3 unchanged sentences
Our principal exposure to foreign currency risk relates to investment and inter-company debt in foreign subsidiaries that transact business in functional currencies other than the U.S.
−Removed: Dollar, primarily the Canadian Dollar, the Euro and the Japanese Yen.
+Added: Dollar, primarily the Euro and the Japanese Yen.
If we are unable to settle our short-term intercompany debts in a timely manner, we remain exposed to foreign currency fluctuations.
9 unchanged sentences
However, we may in the future engage in hedging transactions to manage our exposure to fluctuations in foreign currency exchange rates.
−Removed: Foreign exchange gain for the three and nine months ended September 30, 2022 were $3.0 million and $4.7 million, respectively.
−Removed: Foreign exchange gain for the three and nine months ended September 30, 2021 were $1.7 million and $2.1 million, respectively.
−Removed: 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.
−Removed: Dollar and exchange rate fluctuations.
−Removed: Cumulative translation adjustment losses, included in other comprehensive income for the three months ended September 30, 2022 and 2021 were $11.4 million and $8.2 million.
−Removed: Cumulative translation adjustment losses, included in other comprehensive income for the nine months ended September 30, 2022 and 2021 were $17.9 million and $13.6 million.
+Added: Foreign exchange (loss) gain for the three months ended March 31, 2023 and 2022 was $(0.9) million and $0.2 million, respectively.
+Added: The change in foreign exchange (loss) gain was primarily attributable to the translation of certain intra-entity balances in foreign currencies.
+Added: Cumulative translation adjustment gain (loss), included in other comprehensive income for the three months ended March 31, 2023 and 2022 was $3.1 million and $(2.1) million, respectively.
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.