12 unchanged sentences
The potential impact of currency fluctuation increases as our international expansion increases.
−Removed: As of August 2, 2020, we had certain forward currency contracts outstanding in order to hedge a portion of the foreign currency exposure that arises on translation of a Canadian subsidiary into U.S.
+Added: As of November 1, 2020, we had certain forward currency contracts outstanding in order to hedge a portion of the foreign currency exposure that arises on translation of a Canadian subsidiary into U.S.
We also had certain forward currency
20 unchanged sentences
– an increase in the foreign currency translation adjustment from derivative valuation losses on forward currency contracts, entered into as net investment hedges of a Canadian subsidiary.
−Removed: During the first two quarters of fiscal 2020, the change in the relative value of the U.S.
−Removed: dollar against the Canadian dollar resulted in a $14.6 million increase in accumulated other comprehensive loss within stockholders' equity.
−Removed: During the first two quarters of fiscal 2019, the change in the relative value of the U.S.
+Added: During the first three quarters of fiscal 2020, the change in the relative value of the U.S.
dollar against the Canadian dollar resulted in a $6.7 million increase in accumulated other comprehensive loss within stockholders' equity.
+Added: During the first three quarters of fiscal 2019, the change in the relative value of the U.S.
+Added: dollar against the Canadian dollar resulted in a $0.9 million reduction in accumulated other comprehensive loss within stockholders' equity.
A 10% appreciation in the relative value of the U.S.
−Removed: dollar against the Canadian dollar compared to the exchange rates in effect for the first two quarters of fiscal 2020 would have resulted in additional income from operations of approximately $0.1 million in the first two quarters of fiscal 2020.
+Added: dollar against the Canadian dollar compared to the exchange rates in effect for the first three quarters of fiscal 2020 would have resulted in lower income from operations of approximately $10.6 million in the first three quarters of fiscal 2020.
This assumes a consistent 10% appreciation in the U.S.
−Removed: dollar against the Canadian dollar over the first two quarters of fiscal 2020.
+Added: dollar against the Canadian dollar over the first three quarters of fiscal 2020.
The timing of changes in the relative value of the U.S.
3 unchanged sentences
Because our revolving credit facilities bear interest at a variable rate, we will be exposed to market risks relating to changes in interest rates, if we have a meaningful outstanding balance.
−Removed: As of August 2, 2020, aside from letters of credit of $2.3 million, there were no borrowings outstanding under these credit facilities.
+Added: As of November 1, 2020, aside from letters of credit of $2.7 million, there were no borrowings outstanding under these credit facilities.
We currently do not engage in any interest rate hedging activity and currently have no intention to do so.
17 unchanged sentences
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.