1 unchanged sentence
We are involved in various routine legal and regulatory proceedings, including, without limitation, warranty claims and litigation and arbitration proceedings alleging construction defects.
−Removed: In general, the proceedings are incidental to our business, and most exposure is subject to and should be covered by warranty and indemnity obligations of our consultants and subcontractors.
+Added: In general, the proceedings are incidental to our business, and we believe most exposure is subject to and should be covered by warranty and indemnity obligations of our consultants and subcontractors.
Additionally, some such claims are also covered by insurance.
−Removed: In addition to our warranty reserves, we have approximately $0.4 million of total reserves not related to warranty or construction defect matters.
See Note 1 and Note 16 of the accompanying consolidated financial statements for additional information related to construction defect and warranty related reserves.
5 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.