3 unchanged sentences
O ur reporting currency is the U.S.
−Removed: 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.
−Removed: We also incur certain manufacturing, marketi ng and selling costs in international markets in local currency.
+Added: Dollar, however, during the three months ended December 27, 2025 and December 28, 2024, 26.9% and 26.1%, respectively, of our sales were generated outside the U.S., and during the nine months ended December 27, 2025 and December 28, 2024, 26.1% and 26.0%, respectively, of our sales were generated outside the U.S., generally in foreign currencies.
+Added: We also incur certain manufacturing, marketing and selling costs in international markets in local currency.
Our primary foreign currency exposures relate to sales denominated in Japanese Yen, Euro and Chinese Yuan.
We also have foreign currency exposure related to manufacturing and other operational costs denominated in Swiss Francs, Canadian Dollars, Mexican Pesos and Malaysian Ringgit.
−Removed: The Yen, Euro and Yuan sale s exposure is partially mitigated by costs and expenses for foreign operations and sourcing products denominated in foreign currencies.
+Added: The Yen, Euro and Yuan sales ex posure is partially mitigated by costs and expenses for foreign operations and sourcing products denominated in foreign currencies.
Since our foreign c urrency denominated Yen, Euro and Yuan sales exceed the foreign currency denominated costs, whenever the U.S.
6 unchanged sentences
Dollar weakens relative to these currencies, there is an adverse effect on our results of operations.
−Removed: We have a program in place that is designed to mitigate our exposure to changes in foreign currency exchange rates.
−Removed: That program includes the use of derivative financial instruments to minimize, for a period of time, the unforeseen impact on our financial results from changes in foreign excha nge rates.
+Added: We have a program in place that is designed to mitigate our exposur e to changes in foreign currency exchange rates.
+Added: That program includes the use of derivative financial instruments to minimize, for a period of time, the unforeseen impact on our financial results from changes in foreign exchange rates.
We utilize forward foreign currency contracts to hedge the anticipated cash flows from transactions denominated in foreign currencies, primarily Japanese Yen and Euro, and to a lesser extent Canadian Dollar, Swiss Franc and Mexican Peso.
8 unchanged sentences
Dollar relative to all other major cu rrencies.
−Removed: As of September 27, 2025, in the event of a 10% strengthening of the U.S.
+Added: As of December 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 $9.0 million increase in the fair value of the forward contracts, whereas a 10% weakening of the U.S.
2 unchanged sentences
Our exposure to changes in int erest 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 September 27, 2025 was $242.2 million with an effective interest rate of 6.4% based on prevailing Term SOFR rates.
+Added: Total outstanding debt under our senior unsecured term loan as of December 27, 2025 was $240.6 million with an effective interest rate of 5.8% 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 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.
+Added: As of December 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 $200.6 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 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.
−Removed: We did not record any adjustments to the carrying value of strategic investments for the three months ended September 27, 2025.
+Added: As part of our business development activities, we hold strategic investments in certain entities.
+Added: We have made total strategic investments and loans totaling $97.2 million as of December 27, 2025 and $61.6 million as of March 29, 2025, including $78.3 million and $48.7 million in strategic investments and loans to Vivasure, as of December 27, 2025 and March 29, 2025, respectively.
+Added: On January 9, 2026, subsequent to the end of the third quarter of fiscal 2026, we completed the acquisition of Vivasure.
+Added: These strategic investments and loans include Vivasure, which we acquired on January 9, 2026.
+Added: Our strategic investments are classified as other long-term assets on our condensed consolidated balance sheets, and we have not recorded any material adjustments to the carrying value of our strategic investments during the three and nine months ended December 27, 2025 and December 28, 2024.
+Added: For further discussion, refer to Note 3, Acquisitions, Divestitures and Strategic Investments within these condensed consolidated financial statements.
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.