8 unchanged sentences
dollar as their functional currency are translated using the exchange rates in effect at the balance sheet date, and changes in the exchange rates can result in translation adjustments that are reflected in “Accumulated other comprehensive loss” in the shareholders’ equity section of our condensed consolidated balance sheets.
−Removed: For the nine-month period ended September 30, 2024, we recorded foreign currency translation gains of $35.3 million to accumulated other comprehensive loss.
+Added: For the three-month period ended March 31, 2025, we recorded foreign currency translation gains of $27.2 million to accumulated other comprehensive loss.
Deferred taxes have not been provided on foreign currency translation adjustments as any outside stock basis differences would be realized in a tax-free manner.
−Removed: When currencies other than the functional currency are to be paid or received, the resulting transaction gain or loss associated with changes in the applicable foreign currency exchange rate is recognized in the condensed consolidated statements of operations as a component of “Other income (expense), net.” Foreign currency gains or losses from the remeasurement of monetary assets and liabilities as well as unsettled foreign currency transactions, including intercompany transactions that are not of a long-term investment nature, are also recognized as a component of “Other income (expense), net.” For the three- and nine-month periods ended September 30, 2024, we recorded net foreign currency gains (losses) of $2.4 million and $(0.2) million, respectively, primarily related to U.S.
−Removed: dollar denominated intercompany debt in our U.K.
+Added: When currencies other than the functional currency are to be paid or received, the resulting transaction gain or loss associated with changes in the applicable foreign currency exchange rate is recognized in the condensed consolidated statements of operations as a component of “Other income (expense), net.” Foreign currency gains or losses from the remeasurement of monetary assets and liabilities as well as unsettled foreign currency transactions, including intercompany transactions that are not of a long-term investment nature, are also recognized as a component of “Other income (expense), net.” For the three-month period ended March 31, 2025, we recorded net foreign currency losses of $0.4 million, primarily related to U.S.
+Added: dollar denominated cash balances in our U.K.
Interest Rate Risk.
2 unchanged sentences
For variable rate debt, changes in interest rates could affect our future interest expense and cash flows.
−Removed: We currently have no amounts outstanding under our ABL Facility or other debt subject to floating rates.
+Added: We currently have no amounts outstanding under the Amended ABL Facility or other debt subject to floating rates.
Commodity Price Risk.
3 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.