2 unchanged sentences
We are exposed to risk related to changes in interest rates on our outstanding borrowings.
−Removed: We had $668.4 million of outstanding floating rate debt as of March 31, 2024.
−Removed: A 100-basis point increase in interest rates as of March 31, 2024 would increase our annual pre-tax interest expense by approximately $6.7 million.
+Added: We had $735.6 million of outstanding floating rate debt as of June 30, 2024.
+Added: A 100-basis point increase in interest rates as of June 30, 2024 would increase our annual pre-tax interest expense by approximately $7.4 million.
Foreign Currency Exchange Rate Risk
8 unchanged sentences
The RMB compared to the U.S.
−Removed: dollar depreciated approximately 1.7% in the three months ended March 31, 2024 and depreciated approximately 2.8% in the year ended December 31, 2023, respectively.
+Added: dollar depreciated approximately 2.2% in the six months ended June 30, 2024 and depreciated approximately 2.8% in the year ended December 31, 2023, respectively.
It is difficult to predict how market forces or PRC or U.S.
15 unchanged sentences
Inflation generally affects us by increasing our cost of labor and clinical trial costs.
−Removed: We do not believe that inflation has had a material effect on our results of operations during the three months ended March 31, 2024.
+Added: We do not believe that inflation has had a material effect on our results of operations during the six months ended June 30, 2024.
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.