2 unchanged sentences
Foreign Exchange Risk
−Removed: During the three months ended June 28, 2025 and June 29, 2024, 24.6% and 26.0% of our sa les were generated outside the U.S., respectively, generally in foreign currencies, yet our reporting currency is the U.S.
+Added: O ur reporting currency is the U.S.
+Added: Dollar, however, during the three months ended September 27, 2025 and September 28, 2024, 26.6% and 25.6%, respectively, of our sa les were generated outside the U.S., and d uring the six months ended September 27, 2025 and September 28, 2024, 25.9% and 25.9%, respectively, of our sa les were generated outside the U.S., generally in foreign currencies.
We also incur certain manufacturing, marketi ng and selling costs in international markets in local currency.
22 unchanged sentences
Dollar relative to all other major cu rrencies.
−Removed: As of June 28, 2025, in the event of a 10% strengthening of the U.S.
+Added: As of September 27, 2025, in the event of a 10% strengthening of the U.S.
Dollar, the change in fair value of all forward contracts wo uld result in a $9.8 million increase in the fair value of the forward contracts, whereas a 10% weakening of the U.S.
1 unchanged sentence
Interest Rate Risk
−Removed: Our exposure to changes in interest rates is associated with borrowings under our credit facilities, all of which is variable rate debt.
−Removed: Total outstanding debt under our senior unsecured term loan as of June 28, 2025 wa s $243.8 million with an effective interest rate of 6.4% based on p re vailing Term SOFR rates.
+Added: Our exposure to changes in int erest rates is associated with borrowings under our credit facilities, all of which is variable rate debt.
+Added: Total outstanding debt under our senior unsecured term loan as of September 27, 2025 was $242.2 million with an effective interest rate of 6.4% based on prevailing Term SOFR rates.
An increase of 100 basis points in Term SOFR rates would result in additional annual interest expense of $0.4 million.
−Removed: As of June 28, 2025, the notional amount on our two active interest rate swap agreements to effectively convert borrowings under our 2024 Revised Credit Facilities from a variable rate to a fixed rate were $203.2 million.
+Added: As of September 27, 2025, the notional amount on our two active interest rate swap agreements to effectively convert borrowings under our 2024 Revised Credit Facilities from a variable rate to a fixed rate were $201.9 million.
These interest rate swaps are intended to mitigate the exposure to fluctuations in interest rates and qualify for hedge accounting treatment as cash flow hedges.
17 unchanged sentences
There is also a risk that we could lose all or a substantial portion of our investment in these privately held entities depending on their solvency and ability to achieve their business objectives.
−Removed: As of June 28, 2025, our strategic investments in privately held entities total $80.9 million and they are classified as other long-term assets on our condensed consolidated balance sheets.
−Removed: We did not record any adjustments to the carrying value of strategic investments for the three months ended June 28, 2025.
+Added: As of September 27, 2025, our strategic investments in privately held entities total $88.6 million and they are classified as other long-term assets on our condensed consolidated balance sheets.
+Added: We did not record any adjustments to the carrying value of strategic investments for the three months ended September 27, 2025.
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.