9 unchanged sentences
dollars at the foreign currency exchange rates that approximate the rates in effect during the period when such items are recognized.
−Removed: Appreciating foreign currencies relative to the U.S.
−Removed: dollar will positively impact operating income and net earnings, while depreciating foreign currencies relative to the U.S.
−Removed: dollar will have an adverse impact.
−Removed: A 10% change in the exchange rates for the Canadian dollar would have affected the carrying amount of the net assets by approximately $37.7 million and $40.5 million as of March 31, 2026 and December 31, 2025, respectively.
+Added: Changes in foreign currency exchange rates may positively or adversely affect our operating results, net income and accumulated other comprehensive income, depending on the currencies, amounts and nature of our net monetary and net investment exposures.
+Added: A 10% change in the exchange rates for the Canadian dollar would have affected the carrying amount of the net assets by approximately $37.3 million and $40.5 million as of June 30, 2026 and December 31, 2025, respectively.
The corresponding impact would be recorded in accumulated other comprehensive income.
1 unchanged sentence
As we continue to recognize gains and losses in foreign currency transactions, depending upon changes in future currency rates, such gains and losses could have a significant, and potentially adverse, effect on the Company’s results of operations.
−Removed: During the three months ended March 31, 2026, the Company had foreign currency loss on translation of $17.9 million.
−Removed: During the three months ended March 31, 2025, the Company had foreign currency loss on translation of $3.1 million.
+Added: During the three and six months ended June 30, 2026, the Company had foreign currency loss on translation of $23.1 million and $41.0 million, respectively.
+Added: During the three and six months ended June 30, 2025, the Company had foreign currency gain on translation of $60.2 million and $57.1 million, respectively.
Interest rate risk
1 unchanged sentence
Fluctuations in interest rates may impact the level of income and expense recorded on the cash equivalents and short-term investments, and the market value of all interest-earning assets, other than those which possess a short term to maturity.
−Removed: During the three months ended March 31, 2026 and 2025, we had interest income, net of $8.9 million and $9.7 million, respectively.
−Removed: A 10% decrease in the interest rate in effect on March 31, 2026 would not have a material effect on the fair value of our cash equivalents and short-term investments as the majority of the portfolio had a maturity date of three months or less.
−Removed: A 10% decrease in the interest rate in effect for the three months ended March 31, 2026 would have an effect of $1.1 million on interest income, net earned on our cash equivalents and short-term investments.
+Added: During the three and six months ended June 30, 2026, we had interest income, net of $8.8 million and $17.7 million, respectively.
+Added: During the three and six months ended June 30, 2025, we had interest income, net of $9.0 million and $18.7 million, respectively.
+Added: A 10% decrease in the interest rate in effect on June 30, 2026 would not have a material effect on the fair value of our cash equivalents, short-term investments and non-current interest-bearing deposits as the majority of the portfolio had a maturity date of three months or less.
+Added: A 10% decrease in the interest rate in effect for the three and six months ended June 30, 2026 would have an effect of $1.0 million and $2.0 million, respectively, on interest income, net earned on our cash equivalents and short-term investments.
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.