10 unchanged sentences
We believe that probable near-term changes in interest rates would not materially affect financial condition, results of operations or cash flows.
−Removed: The annual impact on interest expense of a one-percentage point interest rate change on the outstanding balance of our variable rate debt, net of interest rate swap derivatives as of November 27, 2021, would have resulted in a change in net income of approximately $0.1 million or $0.0 per diluted share.
+Added: The annual impact on interest expense of a one-percentage point interest rate change on the outstanding balance of our variable rate debt, net of interest rate swap derivatives as of December 3, 2022, would have resulted in a change in net income of approximately $10.7 million or $0.19 per diluted share.
Foreign Exchange Risk
−Removed: As a result of being a global enterprise, there is exposure to market risks from changes in foreign currency exchange rates.
−Removed: Our operating results and financial condition are subject to both currency translation and currency transaction risk.
−Removed: Approximately 57 percent of net revenue was generated outside of the United States in 2021.
+Added: As a result of being a global enterprise, there is exposure to market risks from changes in foreign currency exchange rates. Our operating results, financial condition and net investment in foreign subsidiaries are subject to both currency translation and currency transaction risk.
+Added: Approximately 55 percent of net revenue was generated outside of the United States in 2022.
Principal foreign currency exposures relate to the Euro, British pound sterling, Canadian dollar, Chinese renminbi, Japanese yen, Australian dollar, Argentine peso, Brazilian real, Colombian peso, Mexican peso, Turkish lira, Egyptian pound, Indian rupee, Indonesian rupiah and Malaysian ringgit.
7 unchanged sentences
Fuller of approximately $10.5 million or $0.19 per diluted share.
−Removed: Based on 2021 financial results and foreign currency balance sheet positions as of November 27, 2021, a hypothetical overall 10 percent change in the U.S.
+Added: Based on 2022 financial results and foreign currency balance sheet positions as of December 3, 2022, a hypothetical overall 10 percent change in the U.S.
dollar would have resulted in a change in net income of approximately $16.4 million or $0.30 per diluted share.
13 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.