3 unchanged sentences
We conduct business serving multiple markets, in four languages, mainly across Europe, Asia, Australia, and North America using the eFinancialCareers name.
−Removed: Rigzone (sold RigLogix portion of the Rigzone business on February 20, 2018 and DHI transferred majority ownership of the remaining Rigzone business to Rigzone management on August 31, 2018), Dice Europe (ceased
−Removed: operations on August 31, 2018) and Hcareers (sold May 22, 2018) also conducted business outside the United States.
+Added: Rigzone (sold RigLogix portion of the Rigzone business on February 20, 2018 and DHI transferred majority ownership of the remaining Rigzone business to Rigzone management on August 31, 2018), Dice Europe (ceased operations on August 31, 2018) and Hcareers (sold May 22, 2018) also conducted business outside the United States.
For the years ended December 31, 2020 and 2019, approximately 17% and 20%, respectively, of our revenues were earned outside the United States and certain of these amounts are collected in local currency.
23 unchanged sentences
This would effectively end the usefulness of LIBOR and may end its publication.
−Removed: The consequences of these developments cannot be entirely predicted but, as noted above, could impact the interest rates of LIBOR loans.
+Added: It is unclear whether or not, at that time, a satisfactory replacement rate will be developed or if new methods of calculating LIBOR will be established such that it continues to exist after 2021.
+Added: Federal Reserve, in conjunction with the Alternative Reference Rates Committee, a steering committee comprised of, among other entities, large U.S.
+Added: financial institutions, is considering replacing U.S.
+Added: dollar LIBOR with a new index that measures the cost of borrowing cash overnight, backed by U.S.
+Added: Treasury securities (“SOFR”).
+Added: SOFR is observed and backward-looking, which stands in contrast with LIBOR under the current methodology, which is an estimated forward-looking rate and relies, to some degree, on the expert judgment of submitting panel members.
+Added: Whether or not SOFR or any other potential alternative reference rate attains market traction as a LIBOR replacement rate remains in question.
+Added: The consequences of these developments with respect to LIBOR cannot be entirely predicted but may result in the level of interest payments on the portion of our indebtedness that bears interest at variable rates to be affected, which may adversely impact the amount of our interest payments under such debt.
If LIBOR is no longer widely available, the Company will pursue alternative interest rate calculations under the Credit Agreement.
1 unchanged sentence
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.