3 unchanged sentences
O ur reporting currency is the U.S.
−Removed: 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: Dollar, however, during the three months ended June 27, 2026 and June 28, 2025, 24.0% and 24.6%, respectively, of our sales were generated outside the U.S., generally in foreign currencies.
We also incur certain manufacturing, marketing and selling costs in international markets in local currency.
1 unchanged sentence
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 sales ex posure is partially mitigated by costs and expenses for foreign operations and sourcing products denominated in foreign currencies.
−Removed: Since our foreign c urrency denominated Yen, Euro and Yuan sales exceed the foreign currency denominated costs, whenever the U.S.
+Added: The Yen, Euro and Yuan sales exposure is partially mitigated by costs and expenses for foreign operations and sourcing products denominated in foreign currencies.
+Added: Since our foreign currency denominated Yen, Euro and Yuan sales exceed the foreign currency denominated costs, whenever the U.S.
Dollar strengthens relative to the Yen, Euro or Yuan, there is an adverse effect on our results of operations and, conversely, whenever the U.S.
16 unchanged sentences
We estimate the change in the fair value of all forward con tracts assuming both a 10% strengthening and weakening of the U.S.
−Removed: Dollar relative to all other major cu rrencies.
−Removed: As of December 27, 2025, in the event of a 10% strengthening of the U.S.
−Removed: 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.
+Added: Dollar relative to all other major currencies.
+Added: As of June 27, 2026, in the event of a 10% strengthening of the U.S.
+Added: Dollar, the change in fair value of all forward contracts would result in a $1.4 million increase in the fair value of the forward contracts, whereas a 10% weakening of the U.S.
Dollar would result in a $1.8 million decrease in the fair value of the forward contracts.
Interest Rate Risk
−Removed: 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 December 27, 2025 was $240.6 million with an effective interest rate of 5.8% based on prevailing Term SOFR rates.
+Added: Our exposure to changes in interest 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 June 27, 2026 was $237.5 million with an effective interest rate of 5.7% based on prevailing Term SOFR rates.
An increase of 100 basis points in Term SOFR rates would result in additional annual interest expense of $2.9 million.
−Removed: 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.
−Removed: 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.
+Added: As of June 27, 2026, 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 $198.0 million.
+Added: These interest rate swaps are intended to mitigate the exposure to fluctuations in interest rates and qualify for hedge accounting treatment as cash flow hed ges.
Concentration of Credit Risk
1 unchanged sentence
Certain markets and industries, however, can expose us to concentrations of credit risk.
−Removed: For example, in the Plasma business unit, sales are concentrated with several large customers.
+Added: For example, in the Plasma reporting unit within the Apheresis reportable segment, sales are concentrated with several large customers.
As a result, accounts receivable extended to any one of these biopharmaceutical customers can be significant at any point in time.
12 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 part of our business development activities, we hold strategic investments in certain entities.
−Removed: 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.
−Removed: On January 9, 2026, subsequent to the end of the third quarter of fiscal 2026, we completed the acquisition of Vivasure.
−Removed: These strategic investments and loans include Vivasure, which we acquired on January 9, 2026.
−Removed: 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.
−Removed: For further discussion, refer to Note 3, Acquisitions, Divestitures and Strategic Investments within these condensed consolidated financial statements.
+Added: As part of our business development strategy, we maintain strategic investments in certain entities.
+Added: The carrying value of our strategic investments was $24.7 million as of June 27, 2026 and $19.2 million as of March 28, 2026.
+Added: These investments are included within other long-term assets in our condensed consolidated balance sheets.
+Added: During the three months ended June 27, 2026, we recognized a $1.0 million loss related to an equity method investment, which reduced the carrying value of the investment accordingly.
+Added: Other than this adjustment, we did not record any material adjustments to the carrying value of its strategic investments during the three months ended June 27, 2026 or June 28, 2025.
+Added: For further discussion, refer to Note 3, Acquisitions 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.