13 unchanged sentences
A substantial portion of our operations are located in the United States, and the majority of our sales since inception have been made in U.S.
+Added: Accordingly, our assessment is that we have no material net exposure to foreign currency exchange rate fluctuations at this time.
However, as our business in markets outside of the United States continues to increase, we will be exposed to foreign currency exchange risk related to our foreign operations.
−Removed: As a result, we monitor exposures in foreign currencies and where necessary employ various methods, including financial instruments, to mitigate the impact of foreign currency as needed.
Fluctuations in the rate of exchange between the U.S.
−Removed: dollar and foreign currencies, primarily the British Pound, the Euro, and the Canadian Dollar, could adversely affect our financial results, including our revenues, revenue growth rates, gross margins, income and losses as well as assets and liabilities.
−Removed: We translate the financial statements of our foreign subsidiaries with functional currencies other than the U.S.
+Added: dollar and foreign currencies, primarily the British Pound and the Euro, could adversely affect our financial results, including our revenues, revenue growth rates, gross margins, income and losses as well as assets and liabilities.
+Added: We translate the financial statements of our international subsidiaries with functional currencies other than the U.S.
dollar into the U.S.
dollar for consolidation using end-of-period exchange rates for assets and liabilities and average exchange rates during each reporting period for results of operations.
−Removed: We record net gains or losses resulting from the translation of foreign financial statements and the effect of exchange rate changes on intercompany receivables and payables of a long-term nature as a separate component of stockholders’ equity.
−Removed: These adjustments will affect net income only upon sale or liquidation of the underlying investment in foreign subsidiaries.
−Removed: We record exchange rate fluctuations resulting from the translation of the short-term intercompany balances between domestic entities and our foreign subsidiaries as foreign currency transaction gains or losses and include them in interest and other income, net in our consolidated statements of operations.
+Added: We record net gains or losses resulting from the translation of these financial statements and the effect of exchange rate changes on intercompany receivables and payables of a long-term nature as a separate component of stockholders’ equity.
+Added: These adjustments will affect net income only upon sale or liquidation of the underlying investment in international subsidiaries.
+Added: We record exchange rate fluctuations resulting from the translation of the short-term intercompany balances between domestic entities and our international subsidiaries as foreign currency transaction gains or losses and include them in interest and other income, net in our consolidated statements of operations.
We occasionally enter into foreign currency forward contracts in order to partially offset the impact from fluctuation of the foreign currency rates.
−Removed: As of September 30, 2020, we had foreign currency forward contracts outstanding with a notional amount of $39.0 million.
+Added: As of March 31, 2021, we had foreign currency forward contracts outstanding with a notional amount of $54.0 million.
The fair values of these derivatives are based on quoted market prices, which are Level 1 inputs, and the derivative instruments are recorded in other current assets or other current liabilities in our consolidated balance sheets consistent with the nature of the instrument at period end.
5 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.