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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2022-02-28 compared with 2021-02-23 · 1 added, 1 removed, 12 unchanged (14% of the section changed)
8 unchanged sentences
therefore, the effect of a market change in interest rates would not be significant.
−Removed: • Based on a sensitivity analysis as of December 31, 2020, a 10% change in the foreign currency exchange rates for the year ended December 31, 2020 would have impacted our net earnings by approximately $7.3 million, due primarily to the British pound, Canadian dollar and euro.
+Added: • Based on a sensitivity analysis as of December 31, 2021, a 10% change in the foreign currency exchange rates for the year ended December 31, 2021 would have impacted our net earnings by approximately $15.2 million, due primarily to the British pound, euro and Canadian dollar.
This calculation assumes that all currencies change in the same direction and proportion relative to the U.S.
2 unchanged sentences
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.