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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2022-10-25 compared with 2022-07-27 · 2 added, 2 removed, 10 unchanged (29% of the section changed)
6 unchanged sentences
The functional currency of certain foreign subsidiaries is the local currency.
−Removed: Accordingly, the effects of exchange rate fluctuations on the net assets of these foreign subsidiaries’ operations are accounted for as translation gains or losses in accumulated other comprehensive income within stockholders’ equity.
−Removed: A hypothetical change of 100 basis points in such foreign currency exchange rates during the six months ended June 30, 2022 would result in a change to translation gain in accumulated other comprehensive income of approximately $0.9 million.
+Added: Accordingly, the effects of exchange rate fluctuations on the net assets of these foreign subsidiaries’ operations are accounted for as translation gains or losses in accumulated other comprehensive income (loss) within stockholders’ equity.
+Added: A hypothetical change of 100 basis points in such foreign currency exchange rates during the nine months ended September 30, 2022 would result in a change to translation gain in accumulated other comprehensive income (loss) of approximately $0.8 million.
Interest Rate Risk
2 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.