2 unchanged sentences
With our outstanding debt, we are exposed to various forms of market risk, including the potential losses arising from adverse changes in interest rates on our outstanding 2026 Term Loan.
−Removed: See “Note 4 – Debt” in our Notes to Consolidated Financial Statements for further information.
−Removed: A hypothetical increase or decrease in the interest rate by 1 percentage point may result in an increase or decrease in annual interest expense by approximately $6.4 million.
+Added: See “Note 7 – Debt” in the Notes to Consolidated Financial Statements for further information.
+Added: A hypothetical increase or decrease in the interest rate by 1 percentage point could result in an increase or decrease in annual interest expense by approximately $5.1 million.
We maintain an investment policy that requires minimum credit ratings, diversification of credit risk and limits the long-term interest rate risk by requiring effective maturities of generally less than five years.
10 unchanged sentences
dollar relative to other currencies could result in our suppliers raising their prices to continue doing business with us.
−Removed: Additionally, we may hold certain assets and liabilities, including potential tax liabilities, in local currency on our consolidated balance sheet.
+Added: Additionally, we may hold certain assets and liabilities, including potential tax liabilities, in local currency on our consolidated balance sheets.
These tax liabilities would be settled in local currency.
−Removed: Therefore, foreign exchange gains and losses from remeasuring the tax liabilities are recorded to interest and other income, net.
−Removed: We do not believe that foreign exchange volatility has a material impact on our current business or results of operations.
+Added: Therefore, foreign exchange gains and losses from remeasuring the tax liabilities are recorded to interest and other loss, net.
+Added: We do not believe that foreign exchange volatility has a significant effect on our current business or results of operations.
However, fluctuations in currency exchange rates could have a greater effect on our business or results of operations in the future to the extent our expenses increasingly become denominated in foreign currencies.
1 unchanged sentence
However, we may choose not to hedge certain foreign exchange exposures for a variety of reasons, including, but not limited to, accounting considerations and the prohibitive economic cost of hedging particular exposures.
−Removed: To provide an assessment of the foreign currency exchange risk associated with our foreign currency exposures within operating expense, we performed a sensitivity analysis to determine the impact that an adverse change in exchange rates would have on our financial statements.
−Removed: dollar weakened by 10%, our operating expense could increase by approximately 2%.
+Added: To provide an assessment of the foreign currency exchange risk associated with our foreign currency exposures within operating expense, we performed a sensitivity analysis to determine the effect that an adverse change in exchange rates would have on our financial statements.
+Added: dollar weakened by 10%, our operating expenses could increase by approximately 2%.
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.