8 unchanged sentences
To date, we have not undertaken any hedging transactions related to foreign currency exposure, but we may do so in the future if our exposure to foreign currency should become more significant.
−Removed: As our international operations grow, we will continue to reassess our approach to manage our risk relating to fluctuations in currency rates.
+Added: As our international operations evolve, we will continue to reassess our approach to manage our risk relating to fluctuations in currency rates.
In the event our foreign sales and expenses increase, our operating results may be more significantly affected by foreign currency exchange rate fluctuations, which can affect our operating income or loss.
3 unchanged sentences
A hypothetical 10% decrease in the U.S.
−Removed: dollar against other currencies would result in an increase in our operating loss of approximately $60.8 million, $70.4 million and $77.7 million for fiscal 2023, 2024 and 2025, respectively.
+Added: dollar against other currencies would result in a decrease in our operating income of approximately $70.4 million, $77.7 million and $91.6 million for fiscal 2024, 2025 and 2026, respectively.
The increase in this hypothetical change in fiscal 2026 is due to an increase in our expenses denominated in foreign currencies.
8 unchanged sentences
Therefore, we do not expect our operating results or cash flows to be materially affected by any sudden change in interest rates.
−Removed: On February 12, 2025, we entered into the Revolver, which provides for a senior secured revolving credit facility in an aggregate principal amount of $500.0 million, including a $25.0 million sublimit for the issuance of letters of credit.
+Added: In February 2025, we entered into the Revolver, which provides for a senior secured revolving credit facility in an aggregate principal amount of $500.0 million, including a $25.0 million sublimit for the issuance of letters of credit.
At our option, and subject to certain conditions, any borrowings under the Revolver bear interest at a variable rate tied to a base rate, a term Secured Overnight Financing Rate or an alternative currency term rate, plus, in each case, an applicable margin based on our total leverage ratio.
10 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.