3 unchanged sentences
We assess interest rate sensitivity to estimate the potential effect of rising short-term interest rates on our variable-rate debt.
−Removed: If short-term interest rates were 50 basis points higher during 2020 on our variable-rate debt, our results would reflect an increase of $2.9 million to Interest expense, net of interest income, for the six months ended June 30, 2020 .
+Added: If short-term interest rates were 50 basis points higher during 2020 on our variable-rate debt, our results would reflect an increase of $3.8 million to Interest expense, net of interest income, for the nine months ended September 30, 2020 .
Foreign Exchange
The following outlines the significant functional currencies of our revenue, highlighting where exposure to movements in foreign exchange impact our operations in international markets.
−Removed: Six Months Ended June 30,
+Added: Nine Months Ended September 30,
British Pound
6 unchanged sentences
See Note 8, Fair Value Measurements , for further discussion of our forward contracts.
−Removed: Disclosure of Limitations
−Removed: As the information presented above includes only those exposures that exist as of June 30, 2020 , it does not consider those exposures or positions which could arise after that date.
−Removed: The information we present has limited predictive value.
−Removed: As a result, the ultimate realized gain or loss with respect to interest rate and foreign currency fluctuations will depend on the exposures that arise during the applicable period, the hedging strategies at the time, and interest and foreign currency rates.
−Removed: For other risk factors inherent in our business, see Item 1A.
−Removed: Risk Factors in our 2019 Annual Report on Form 10-K.
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.