112 unchanged sentences
We do not control the activities of these employees or seaports and we could suffer supply chain disruptions due to any disputes, capacity shortages, slowdowns or shutdowns that may occur, as was experienced in February 2015, in relation to certain West Coast ports.
−Removed: While the West Coast ports labor dispute ended with a five-year agreement, it lasted longer than we forecasted, and any similar labor dispute in the future could potentially have a negative effect on both our financial condition and results of operations.
+Added: While the West Coast ports labor agreement has been extended until July 2022, the 2015 strike lasted longer than we forecasted, and any similar labor dispute in the future could potentially have a negative effect on both our financial condition and results of operations.
+Added: Furthermore, the ongoing coronavirus pandemic has only increased uncertainty for global supply chains.
Our business depends substantially on our ability to attract and retain experienced and qualified talent, including our senior management team.
80 unchanged sentences
imposed tariffs of 25 percent on steel and 10 percent on aluminum, with only a handful of countries exempt from the increase.
−Removed: Since the beginning of the Trump Administration, the United States and China have imposed a variety of tariffs on most goods traded between the two countries, though a recent trade deal has lessened the threat of further escalation.
+Added: Since the beginning of the Trump Administration, the United States and China have imposed a variety of tariffs on most goods traded between the two countries, though a January 2020 trade deal has lessened the threat of further escalation.
The United States has imposed tariffs on products from the European Union as a result of a dispute at the World Trade Organization.
+Added: The European Union was recently authorized to impose similar tariffs on products from the United States.
Plans by the United States to impose tariffs on global imports of automobiles and auto parts appear to be on hold for now.
77 unchanged sentences
In the future, we and our subsidiaries may be able to incur substantial additional debt from amendments to our credit facility with Bank of America and other named lenders (the "First Amended and Restated Credit Facility"), additional lending sources subject to the restrictions contained in the First Amended and Restated Credit Facility, or because of certain debt instruments we may issue.
−Removed: As of July 3, 2020, we had $406.4 million of indebtedness and $220.0 million in revolving credit available to borrow under the First Amended and Credit Facility.
+Added: As of October 2, 2020, we had $389.2 million of indebtedness and $235.0 million in revolving credit available to borrow under the First Amended and Credit Facility.
Our ability to borrow under the First Amended and Restated Credit Facility fluctuates from time to time due to, among other factors, our borrowings under the First Amended and Restated Credit Facility.
10 unchanged sentences
Any such increases in the interest rate or increases of our borrowings under the First Amended and Restated Credit Facility will increase our interest expense.
−Removed: As of July 3, 2020, we had $406.4 million of indebtedness, bearing interest at a variable rate, outstanding under the First Amended and Restated Credit Facility.
Recent interest rates in the United States have been at historically low levels, and any increase in these rates would increase our interest expense and reduce our funds available for operations and other purposes.
−Removed: Although from time to time we may enter into agreements to hedge a portion of our interest rate exposure, these agreements may be costly and may not protect against all interest rate fluctuations.
+Added: Although from time to time we may enter into agreements to hedge a portion of our interest rate exposure, such as the interest rate swap entered into in August 2020, these agreements may be costly and may not protect against all interest rate fluctuations.
Accordingly, we may experience material increases in our interest expense as a result of increases in interest rate levels generally.
−Removed: Based on the $406.4 million of variable interest rate indebtedness that was outstanding as of July 3, 2020, a hypothetical 100 basis point increase or decrease in the interest rate would have resulted in an approximately $1.0 million change to our interest expense for the three months ended July 3, 2020.
+Added: Refer to Note 10- Derivatives and Hedging for additional information regarding the interest swap arrangement.
+Added: As of October 2, 2020, we had $395.0 million of indebtedness outstanding under the First Amended and Restated Credit Facility.
+Added: Based on the $195.0 million of variable interest rate indebtedness that was outstanding as of October 2, 2020, after giving effect to our interest rate swap, a hypothetical 100 basis point increase in the interest rate would have resulted in an approximately $0.5 million increase in interest expense for the three months ended October 2, 2020.
+Added: A hypothetical 100 basis point decrease in the interest rate would not impact interest expense given that the current borrowing rate reflects the floor rate of 0.5%.
+Added: We may incur losses on interest rate swap and hedging arrangement
+Added: We may periodically enter into agreements to reduce the risks associated with increases in interest rates, such as our August 2020 interest rate swap agreement.
+Added: Although these agreements may partially protect against rising interest rates, they also may reduce the benefits to us if interest rates decline.
Changes in tax laws and regulations or other factors could cause our income tax obligations to increase, potentially reducing our net income and adversely affecting our cash flows.
5 unchanged sentences
We are subject to certain risks in our manufacturing and in the testing of our products.
−Removed: As of July 3, 2020, we employed approximately 2,350 full-time employees worldwide, a large percentage of which work at our manufacturing facilities.
+Added: As of October 2, 2020, we employed approximately 2,930 full-time employees worldwide, a large percentage of which work at our manufacturing facilities.
Our business involves complex manufacturing processes that can be inherently dangerous.
199 unchanged sentences
The issuance of additional shares of our common stock could dilute the ownership interest of our common stockholders and could depress the market price of shares of our common stock.
−Removed: Our Amended and Restated Certificate of Incorporation authorizes us to issue 90,000,000 shares of common stock, 41,437,614 of which shares were outstanding as of July 3, 2020.
+Added: Our Amended and Restated Certificate of Incorporation authorizes us to issue 90,000,000 shares of common stock, 41,711,588 of which shares were outstanding as of October 2, 2020.
In the future, we may issue additional shares of common stock or other equity or debt securities convertible into common stock in connection with financings, acquisitions, registration statements or otherwise.
36 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.