11 unchanged sentences
dollar, which is our functional currency, or (ii) the functional currency of our subsidiaries, which is not necessarily the U.S.
−Removed: In order to mitigate the effects of foreign currency exchange rate risks in areas outside of the United States (primarily in our Offshore/Manufactured Products segment), we generally pay a portion of our expenses in local currencies and a substantial portion of our contracts provide for collections from customers in U.S.
+Added: In order to mitigate the effects of foreign currency exchange rate risks in areas outside of the United States (primarily in our Offshore Manufactured Products segment), we generally pay a portion of our expenses in local currencies and a substantial portion of our
+Added: contracts provide for collections from customers in U.S.
During 2024, our reported foreign currency exchange losses were $0.2 million and are included in “other operating income, net” in the consolidated statements of operations.
1 unchanged sentence
dollar as used to translate certain of the international operations of our operating segments.
−Removed: Our accumulated other comprehensive loss decreased $9.0 million from $78.9 million as of December 31, 2022 to $70.0 million as of December 31, 2023, due to changes in currency exchange rates.
−Removed: During the year ended December 31, 2023, the exchange rates for the British pound and the Brazilian real strengthened by 6% and 8%, respectively, compared to the U.S.
+Added: Our accumulated other comprehensive loss increased $9.5 million from $70.0 million as of December 31, 2023 to $79.5 million as of December 31, 2024, due to changes in currency exchange rates.
+Added: During the year ended December 31, 2024, the exchange rates for the British pound and the Brazilian real weakened by 1% and 22%, respectively, compared to the U.S.
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.