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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2021-02-25 compared with 2020-02-20 · 1 added, 1 removed, 34 unchanged (6% of the section changed)
12 unchanged sentences
We record the resulting translation adjustment, and gains and losses resulting from the translation of intercompany balances of a long-term investment nature within other comprehensive income, as a component of our shareholders’ equity.
−Removed: Foreign currency transaction gains and losses, which have historically been immaterial, are recorded on our Consolidated Statements of (Loss) Income.
+Added: Foreign currency transaction gains and losses, which have historically been immaterial, are recorded on our Consolidated Statements of Income (Loss).
We generally do not mitigate the risks associated with fluctuating exchange rates, although we may from time to time through forward contracts or other derivative instruments hedge a portion of our translational foreign currency exposure or exchange rate risks associated with material transactions which are denominated in a foreign currency.
20 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.