6 unchanged sentences
Dollars or Euros.
−Removed: Our primary foreign subsidiaries have functional currencies denominated in either the British Pound or the Euro, and foreign denominated assets and liabilities are remeasured each reporting period with any exchange gains and losses recorded in our consolidated statements of operations.
+Added: Our primary foreign subsidiaries have functional currencies denominated in either the British Pound or the Euro, and foreign denominated assets and liabilities are remeasured each reporting period with any exchange gains and losses recorded in our consolidated statement of operations.
We continue to manage our foreign currency exchange exposure through frequent settling of intercompany account balances and by self-hedging movements between functional currency exchange rates and those in which we transact business.
−Removed: Holding all other variables constant, a hypothetical 10% movement in foreign exchange rates on December 28, 2024 would have affected our income before provision for income taxes for fiscal 2024 by approximately $2.9 million.
−Removed: However, actual
−Removed: gains and losses in the future could differ materially from this analysis based on the timing and amount of both foreign currency exchange rate movements and our actual exposure.
+Added: Holding all other variables constant, a hypothetical 10% movement in foreign exchange rates on January 3, 2026 would have affected our income before provision for income taxes for fiscal 2025 by approximately $5.5 million.
+Added: However, actual gains and losses in the future could differ materially from this analysis based on the timing and amount of both foreign currency exchange rate movements and our actual exposure.
Translation of Financial Results
5 unchanged sentences
For our foreign subsidiaries whose functional currencies are denominated in currencies other than the U.S.
−Removed: Dollar, the unrealized changes in the net investments were losses of $2.9 million, gains of $2.8 million, and losses of $5.0 million for fiscal 2024, fiscal 2023, and fiscal 2022, respectively.
+Added: Dollar, the unrealized changes in the net investments were gains of $5.1 million, losses of $2.9 million, and gains of $2.8 million for fiscal 2025, fiscal 2024, and fiscal 2023, respectively.
These translation gains and losses are reflected in consolidated statements of comprehensive income.
Interest Rate Risk
−Removed: Our primary exposure to interest rate risk is associated with our revolving credit facility, which has variable interest rates for our borrowings based on our consolidated net leverage ratio and certain contractual rates, at our election, permitted under the terms of the credit agreement.
−Removed: We had no outstanding borrowings under our revolving credit facility as of December 28, 2024.
+Added: Our primary exposure to interest rate risk is associated with our revolving credit facility, which has variable interest rates for our borrowings based on our consolidated net leverage ratio and certain contractual rates, at our election, permitted under
+Added: the terms of the credit agreement.
+Added: We had $34.0 million in borrowings outstanding under the revolving credit facility as of January 3, 2026.
A hypothetical change in the interest rate of 10% would not have a material impact to our net income.
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.