5 unchanged sentences
We operate on a global basis and are exposed to the risk that changes in foreign currency exchange rates could adversely affect our financial condition, results of operations and cash flows.
−Removed: We are primarily exposed to foreign currency exchange rate risk with respect to transactions and net assets denominated in Euros, British pounds, Swiss francs, Canadian dollars, Japanese yen, Mexican pesos, Brazilian reais, Australian dollars, and Chinese yuan.
+Added: We are primarily exposed to foreign currency exchange rate risk with respect to transactions and net assets denominated in Euros, British pounds, Swiss francs, Canadian dollars, Japanese yen, Israeli shekel, Australian dollars and Chinese yuan.
We manage the foreign currency exposure centrally, on a combined basis, which allows us to net exposures and to take advantage of any natural offsets.
11 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, 2024 would impact interest income by approximately $2.2 million on an annual basis.
+Added: A hypothetical 100 basis points increase or decrease in interest rates applicable to our cash and cash equivalents outstanding at March 31, 2025 would impact interest income by approximately $2.3 million on an annual basis.
We are subject to foreign currency exchange risk with respect to cash balances maintained in foreign currencies.
+Added: Short-Term Investments- We are exposed to the risk of interest rate fluctuations on the interest income earned on our short-term investments.
+Added: A hypothetical 100 basis points movement in interest rates applicable to our short-term investments outstanding at March 31, 2025 would increase or decrease interest income by approximately $0.3 million on an annual basis.
Debt - Our interest rate risk relates primarily to U.S.
2 unchanged sentences
These interest rate swaps fix the interest rate on a portion of our expected SOFR-indexed floating-rate borrowings.
−Removed: These interest rate swaps were designated as cash flow hedges as of September 30, 2024.
−Removed: The total notional amounts related to the Company's interest rate swaps were $1.3 billion with $625.0 million effective as of September 30, 2024.
−Removed: Based on our outstanding borrowings at September 30, 2024, a 100 basis points change in interest rates would have impacted interest expense on the unhedged portion of the debt by $6.4 million on an annualized basis.
+Added: These interest rate swaps were designated as cash flow hedges as of March 31, 2025.
+Added: The total notional amounts related to the Company's interest rate swaps were $1,125.0 million with $425.0 million effective as of March 31, 2025.
+Added: Based on our outstanding borrowings at March 31, 2025, a 100 basis points change in interest rates would have impacted interest expense on the unhedged portion of the debt by $8.1 million on an annualized basis.
Derivative Instruments , to the Notes to Unaudited Condensed Consolidated Financial Statements (Part I, Item 1 of this Quarterly Report) for further information regarding 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.