3 unchanged sentences
dollar relative to the Canadian dollar, Brazilian real, and the Chilean peso.
−Removed: We also have translation exposure resulting from translating the financial statements of foreign subsidiaries into United States dollars.
−Removed: Although we have in the past entered into foreign exchange contracts associated with certain of our indebtedness and may continue to enter into foreign exchange contracts associated with major equipment purchases to manage a portion of the foreign currency rate risk, we historically have not entered into currency rate hedges with respect to our exposure from operations, although we may do so in the future.
+Added: We also have translation exposure resulting from translating the financial statements of foreign subsidiaries into U.S.
+Added: Although we have in the past entered into foreign exchange contracts associated with certain of our indebtedness and may continue to enter into foreign exchange contracts associated with major equipment purchases to manage a portion of the foreign currency rate risk, we historically have not entered into currency rate hedges with respect to our exposure from operations, provided we may do so in the future.
Some of our products are sold as commodities, and therefore sales prices fluctuate daily based on market factors over which we have little or no control.
1 unchanged sentence
Based upon an assumed North America annual production capacity in the OSB segment of 4.5 billion square feet (3/8” basis) or 3.9 billion square feet (7/16” basis), a $1 change in the annual average price per thousand square feet on 7/16” basis would change annual pre-tax profits by approximately $4 million.
−Removed: Excluding the Peace Valley facility, which was curtailed in 2019, $1 change in the annual average price per thousand square feet on a 7/16" basis would change annual pre-tax profits by approximately $3 million.
We historically have not entered into material commodity futures and swaps, although we may do so in the future.
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.