1 unchanged sentence
Interest Rate Risk .
−Removed: 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.
+Added: 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 and 2023 Revolving Credit Facility.
See “Note 6 – Debt” in the Notes to Unaudited Condensed Consolidated Financial Statements for further information.
4 unchanged sentences
Fixed rate securities may have their fair market value adversely impacted due to a rise in interest rates, while floating rate securities may produce less income than predicted if interest rates fall.
−Removed: There were no such investments on hand at November 2, 2024, aside from cash and cash equivalents.
+Added: There were no such investments on hand at May 3, 2025, aside from cash and cash equivalents.
Foreign Currency Exchange Risk .
5 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.