11 unchanged sentences
As a result, the impact of foreign currency gains/losses recognized in earnings are partially offset by gains/losses on the related foreign currency forward exchange contracts in the same reporting period.
−Removed: Refer to Note 7- Derivative Instruments for further information.
+Added: Refer to Note 7, Derivative Instruments of the Notes to Consolidated Financial Statements (Part I, Item 1 of this Form 10-Q) for further information.
We maintain written policies and procedures governing our risk management activities.
4 unchanged sentences
Cash and Cash Equivalents - We are exposed to the risk of interest rate fluctuations on the interest income earned on our cash and cash equivalents.
−Removed: A hypothetical 100 basis points movement in interest rates applicable to our cash and cash equivalents outstanding at September 30, 2021 would increase interest income by approximately $4.7 million on an annual basis.
−Removed: No significant decrease in interest income would be expected as our cash balances are earning interest at rates of approximately one basis point.
+Added: A hypothetical 100 basis points movement in interest rates applicable to our cash and cash equivalents outstanding at March 31, 2022 would increase interest income by approximately $4.1 million on an annual basis.
+Added: No significant decrease in interest income would be expected based on our current earnings on our cash balances.
We are subject to foreign currency exchange risk with respect to cash balances maintained in foreign currencies.
3 unchanged sentences
These interest rate swaps fix the interest rate on a portion of our expected LIBOR-indexed floating-rate borrowings.
−Removed: These interest rate swaps were designated as cash flow hedges as of September 30, 2021.
−Removed: The total notional amounts related to the Company’s interest rate swaps were $1.8 billion with $875.0 million effective as of September 30, 2021.
−Removed: Based on our outstanding borrowings at September 30, 2021, a 100 basis points change in interest rates would have impacted interest expense on the unhedged portion of the debt by $1.1 million on an annualized basis.
+Added: These interest rate swaps were designated as cash flow hedges as of March 31, 2022.
+Added: The total notional amounts related to the Company’s interest rate swaps were $1.8 billion with $875.0 million effective as of March 31, 2022.
+Added: Based on our outstanding borrowings at March 31, 2022, a 100 basis points change in interest rates would have impacted interest expense on the unhedged portion of the debt by $1.1 million on an annualized basis.
See Note 7, Derivative Instruments , for the details of interest rate swaps.
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.