19 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 increase or decrease in interest rates applicable to our cash and cash equivalents outstanding at June 30, 2025 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 September 30, 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.
Short-Term Investments - We are exposed to the risk of interest rate fluctuations on the interest income earned on our short-term investments.
−Removed: A hypothetical 100 basis points movement in interest rates applicable to our short-term investments outstanding at June 30, 2025 would increase or decrease interest income by approximately $0.4 million on an annual basis.
+Added: A hypothetical 100 basis points movement in interest rates applicable to our short-term investments outstanding at September 30, 2025 would increase or decrease interest income by approximately $0.4 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 June 30, 2025.
−Removed: The total notional amounts related to the Company's interest rate swaps were $900.0 million with $200.0 million effective as of June 30, 2025.
−Removed: Based on our outstanding borrowings at June 30, 2025, a 100 basis points change in interest rates would have impacted interest expense on the unhedged portion of the debt by $10.7 million on an annualized basis.
+Added: These interest rate swaps were designated as cash flow hedges as of September 30, 2025.
+Added: The total notional amounts related to the Company's interest rate swaps were $900.0 million, of which all are effective as of September 30, 2025.
+Added: Based on our outstanding borrowings at September 30, 2025, a 100 basis points change in interest rates would have impacted interest expense on the unhedged portion of the debt by $9.1 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.