PKOH · All filings · Read this filing
What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2024-03-06 compared with 2023-03-16 · 1 added, 3 removed, 14 unchanged (22% of the section changed)
12 unchanged sentences
Therefore, changes in exchange rates may either positively or negatively affect our net sales and expenses from foreign operations as expressed in U.S.
−Removed: During 2022, we entered into an agreement to hedge foreign currency exchange rates.
−Removed: The agreement did not have a material impact on the results of the Company.
−Removed: Our largest exposures to commodity prices relate to metal and natural gas prices, which have fluctuated widely in recent years.
+Added: Our largest exposures to commodity prices relate to metal, rubber compound and natural gas prices, which have fluctuated widely in recent years.
We have no commodity swap agreements or forward purchase contracts.
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.