4 unchanged sentences
This includes cash in banks and highly rated, liquid money market investments.
−Removed: We believe those instruments are not subject to material potential near-term losses in future earnings from reasonably possible near-term changes in market rates or prices.
+Added: We believe these instruments are not subject to material potential near-term losses in future earnings from reasonably possible near-term changes in market rates or prices.
Commodity Price Risk
Our products are made using various purchased components and several basic raw materials, including brass ingot, scrap steel, sand and resin.
−Removed: We expect prices for these items to fluctuate based on marketplace demand and our product margins and level of profitability may fluctuate whether or not we pass changes in purchased component and raw material costs on to our customers.
−Removed: Infrastructure experienced a 13% decrease in the average cost per ton of scrap steel and a 9% decrease in the average cost of brass ingot in 2020 compared to 2019.
−Removed: Technologies was also favorably affected by the 9% decrease in the average cost of brass ingot.
+Added: We expect prices for these items to fluctuate based on marketplace demand.
+Added: Our product margins and level of profitability may fluctuate whether or not we pass increases in purchased component and raw material costs on to our customers.
+Added: Infrastructure experienced a 33% increase in the average cost per ton of scrap steel and a 35% increase in the average cost of brass ingot in 2021 compared to 2020.
+Added: Technologies was also unfavorably affected by the 35% increase in the average cost of brass ingot.
See “Item 1A.
2 unchanged sentences
Currency Risk
−Removed: Our principal assets, liabilities and operations outside the U.S.
−Removed: are in Israel, Canada and China.
−Removed: These assets and liabilities are translated into U.S.
−Removed: dollars at currency exchange rates in effect at the end of each period, with the effect of such translation reflected in other comprehensive loss.
−Removed: Our stockholders’ equity will fluctuate depending upon the weakening or strengthening of the U.S.
−Removed: dollar against these non-U.S.
−Removed: Net sales and expenses of these subsidiaries are translated into U.S.
−Removed: dollars at the average currency exchange rate during the period.
−Removed: At September 30, 2020, $222.5 million of our net assets were denominated in non-U.S.
+Added: Our principal assets, liabilities and operations outside the United States are in Israel, Canada and China.
+Added: These assets and liabilities are translated into United States dollars at currency exchange rates in effect at the end of each period, with the effect of such translation reflected in other comprehensive income (loss).
+Added: Our stockholders’ equity will fluctuate depending upon the weakening or strengthening of the United States dollar against these non-United States currencies.
+Added: Net sales and expenses of these subsidiaries are translated into United States dollars at the average currency exchange rate during the period.
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.