12 unchanged sentences
(ii) the Federal Funds Rate in effect on such date plus 0.50%;
−Removed: or (iii) the LIBOR rate plus 1.0% , in each case plus an applicable margin ranging from 0.0% to 0.75% based on our consolidated total net leverage ratio during the preceding fiscal quarter;
−Removed: or (b) the LIBOR rate plus an applicable margin ranging from 1.00% to 1.75% depending on our consolidated total net leverage ratio during the preceding fiscal quarter.
−Removed: Interest is due and payable quarterly, in arrears, for loans bearing interest at the Base Rate, and at the end of an interest period (or at each three month interval in the case of loans with interest periods greater than three months) in the case of loans bearing interest at the adjusted LIBOR rate.
+Added: or (iii) the Eurodollar Rate plus 1.0%, subject to an interest rate floor of 0.75%, in each case plus an applicable margin ranging from 0.50% to 1.25% based on our consolidated total net leverage ratio during the preceding fiscal quarter;
+Added: or (b) the Eurodollar Rate plus an applicable margin ranging from 1.50% to 2.25% depending on our consolidated total net leverage ratio during the preceding fiscal quarter.
+Added: Interest is due and payable, in arrears, at the end of each calendar quarter for loans bearing interest at the Base Rate, and at the end of an interest period (or at each three month interval in the case of loans with interest periods greater than three months) in the case of Eurodollar Rate Loans.
If interest rates were to increase by 10%, our interest expense would increase by $2.0 million.
2 unchanged sentences
International net revenues are typically denominated in the local currency of each country and result from transactions by our operations in Canada, the U.K., Brazil, the Republic of Ireland, Germany, Finland, the U.A.E., Oman, Bahrain, and Spain.
−Removed: These operations also incur a majority of their expenses in the local currency, the Canadian dollar, British pound, Brazilian real, European Union euro, U.A.E.
+Added: These operations also incur a majority of their expenses in the local currency, the British pound, Canadian dollar, Brazilian real, European Union euro, U.A.E.
dirham, Omani rial, and Bahraini dinar.
1 unchanged sentence
A hypothetical 10% adverse change in the value of the U.S.
−Removed: dollar relative to the Canadian dollar, British pound, Brazilian real, European Union euro, U.A.E.
+Added: dollar relative to the British pound, Canadian dollar, Brazilian real, European Union euro, U.A.E.
dirham, Omani rial, and Bahraini dinar would have resulted in a decrease in operating income of $7.0 million for fiscal 2020.
−Removed: On June 23, 2016, the U.K.
−Removed: held a referendum in which voters approved an exit from the European Union, commonly referred to as “Brexit.” In February 2017, the British Parliament voted in favor of allowing the British government to begin negotiating the terms of the U.K.’s withdrawal from the European Union and discussions with the European Union began in March 2017.
+Added: On January 29, 2020, the European Parliament approved the U.K.’s withdrawal from the European Union, commonly referred to as “Brexit.” The U.K.
+Added: officially left the European Union on January 31, 2020 and entered into a transition period that is scheduled to expire on December 31, 2020 during which the U.K.’s trading relationship with the European Union is expected to remain largely the same while the two parties negotiate a trade agreement as well as other aspects of the U.K.’s relationship with the European Union.
The ultimate effects of Brexit on us are difficult to predict, but adverse consequences concerning Brexit or the European Union could include deterioration in global economic conditions, instability in global financial markets, political uncertainty, volatility in currency exchange rates, or adverse changes in the cross-border agreements currently in place, any of which could have an adverse impact on our financial results in the future.
5 unchanged sentences
A hypothetical 10% adverse change in the value of the U.S.
−Removed: dollar relative to the Canadian dollar, British pound, Brazilian real, European Union euro, U.A.E.
−Removed: dirham, Omani rial, Bahraini dinar, and Indian rupee would not have materially affected our consolidated financial position.
+Added: dollar relative to the British pound, Canadian dollar, Brazilian real, European Union euro, U.A.E.
+Added: dirham, Omani rial, and Bahraini dinar would not have materially affected our consolidated financial position.
We do not hedge our exposure to translation risks arising from fluctuations in foreign currency exchange rates.
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.