4 unchanged sentences
Foreign Currency Exchange Rates
−Removed: Approximately 15.3% of the Company's revenues for the six months ended June 30, 2021, and approximately 12.0% of the Company's revenue for the six months ended June 30, 2020, were denominated in currencies other than the U.S.
+Added: Approximately 15.2% of the Company's revenues for the nine months ended September 30, 2021, and approximately 11.0% of the Company's revenue for the nine months ended September 30, 2020, were denominated in currencies other than the U.S.
The Company's financial statements are reported in U.S.
1 unchanged sentence
dollars for purposes of reporting the Company's consolidated financial results.
−Removed: In the second quarter of 2021 and the year ended December 31, 2020, the most significant currency exchange rate exposures were to the Canadian dollar, Swiss Franc, Euro and British Pound.
+Added: In the third quarter of 2021 and the year ended December 31, 2020, the most significant currency exchange rate exposures were to the Canadian dollar, Swiss Franc, Euro and British Pound.
Excluding the impacts from any outstanding or future hedging transactions, a hypothetical change of 10% in average exchange rates used to translate all foreign currencies to U.S.
−Removed: dollars would have impacted income before income taxes for the six months ended June 30, 2021, by approximately $2.3.
−Removed: Gross accumulated currency translation adjustments recorded as a separate component of shareholders’ equity were $( 23.0 ) and $( 80.5 ) at June 30, 2021 and 2020, respectively.
+Added: dollars would have impacted income before income taxes for the nine months ended September 30, 2021, by approximately $11.5.
+Added: Gross accumulated currency translation adjustments recorded as a separate component of shareholders’ equity were ($ 114.6 ) and $ 52.4 at September 30, 2021 and 2020, respectively.
The Company does not have significant operations in countries in which the economy is considered to be highly-inflationary.
3 unchanged sentences
The Company limits its foreign currency transaction risk through exchange rate fluctuation provisions stated in some of its contracts with customers, or it may hedge transaction risk with foreign currency forward contracts.
−Removed: At June 30, 2021, the Company had 31 open foreign exchange forward contracts relating to service contracts with various amounts maturing monthly through July 2021 with a notional value totaling approximately $683.9.
+Added: At September 30, 2021, the Company had 29 open foreign exchange forward contracts relating to service contracts with various amounts maturing monthly through October 2021 with a notional value totaling approximately $915.2.
At December 31, 2020, the Company had 31 open foreign exchange forward contracts relating to service contracts with various amounts maturing monthly through January 2021 with a notional value totaling approximately $601.2.
6 unchanged sentences
Borrowings under the Company's term loan credit facility, now repaid, and revolving credit facility are subject to variable interest rates, unless fixed through interest rate swaps or other agreements.
−Removed: As of June 30, 2021, and December 31, 2020, the Company had $ 0.0 and $375.0, respectively, of unhedged variable debt from the 2019 term loan credit facility and $0.0 and $0.0, respectively, outstanding on its revolving credit facility.
+Added: As of September 30, 2021, and December 31, 2020, the Company had $ 0.0 and $375.0, respectively, of unhedged variable debt from the 2019 term loan credit facility and $0.0 and $0.0, respectively, outstanding on its revolving credit facility.
To hedge against changes in the fair value portion of the Company's long-term debt, the Company is party to fixed-to-variable interest rate swap agreements for the 2.70% senior notes due 2031 with an aggregate notional value of $500.0 and variable interest rates based on three-month LIBOR plus 1.0706%.
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.