17 unchanged sentences
Due in part to these factors, our future investment income may fall short of our expectations due to changes in interest rates or we may suffer losses in principal if we are forced to sell securities that decline in market value due to changes in interest rates.
−Removed: However, because we classify our short-term investments as “available for sale,” no gains or losses are recognized due to changes in interest rates unless such securities are sold prior to maturity or declines in fair value are determined to be other-than-temporary.
+Added: However, because we classify our short-term investments as “available for sale,” no gains are recognized due to changes in interest rates.
+Added: As losses due to changes in interest rates are generally not considered to be credit related changes, no losses in such securities are recognized due to changes in interest rates unless we intend to sell, it is more likely than not that we will be required to sell, we sell prior to maturity or we otherwise determine that all or a portion of the decline in fair value are due to credit related factors.
As of January 31, 2021, a hypothetical 10% relative change in interest rates would not have had a material impact on the value of our cash equivalents or investment portfolio.
1 unchanged sentence
Convertible Senior Notes
−Removed: In February 2018, we issued the 2023 Notes due February 15, 2023 with a principal amount of $345.0 million , of which $224.4 million were repurchased in September 2019.
−Removed: Concurrently with the issuance of the 2023 Notes, we entered into separate Note Hedges and Warrant transactions, a portion of which were terminated in September 2019 in connection with the 2023 Notes Partial Repurchase.
+Added: In February 2018, we issued the 2023 Notes due February 15, 2023 with a principal amount of $345.0 million, of which $224.4 million and $69.9 million were repurchased in September 2019 and June 2020, respectively.
+Added: Concurrently with the issuance of the 2023 Notes, we entered into separate Note Hedges and Warrant transactions, a portion of which were terminated in September 2019 and June 2020 in connection with the 2023 Notes Partial Repurchases.
The Note Hedges were completed to reduce the potential dilution from the conversion of the 2023 Notes.
+Added: Additionally, through the year ended January 31, 2021, we received and completed requests to convert $10.4 million principal amount of the 2023 Notes (not in connection with the Second Partial Repurchase of 2023 Notes) and exercised a corresponding amount of Note Hedges.
+Added: During the fourth quarter of fiscal 2021, we received additional conversion requests for $4.3 million principal amount of the 2023 Notes that were settled in the first quarter of fiscal 2022.
+Added: In addition, subsequent to January 31, 2021, we received conversion requests for approximately $3.2 million principal amount of the 2023 Notes.
In September 2019, we issued the 2025 Notes due September 1, 2025 with a principal amount of $1,060.0 million.
1 unchanged sentence
The 2025 Capped Calls were completed to reduce the potential dilution from the conversion of the 2025 Notes.
−Removed: The Notes have a fixed annual interest rate of 0.25% and 0.125% respectively;
+Added: In June 2020, we issued the 2026 Notes due June 15, 2026 with a principal amount of $1,150.0 million.
+Added: Concurrently with the issuance of the 2026 Notes, we entered into separate capped call transactions.
+Added: The 2026 Capped Calls were completed to reduce the potential dilution from the conversion of the 2026 Notes.
+Added: The 2023 Notes, 2025 Notes and 2026 Notes have a fixed annual interest rate of 0.25%, 0.125% and 0.375%, respectively;
accordingly, we do not have economic interest rate exposure on the Notes.
However, the fair value of the Notes is exposed to interest rate risk.
−Removed: Generally, the fair market value of the fixed interest rate of the Notes will increase as interest rates fall and decrease as interest rates rise.
+Added: Generally, the fair market value of the fixed interest rate of the
+Added: Notes will increase as interest rates fall and decrease as interest rates rise.
In addition, the fair value of the Notes fluctuates when the market price of our common stock fluctuates.
The fair value was determined based on the quoted bid price of the Notes in an over-the-counter market on the last trading day of the reporting period.
−Removed: See Note 5 to our condensed consolidated financial statements for more information.
+Added: See Note 5 to our consolidated financial statements for more information.
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.