6 unchanged sentences
We generally hold securities until maturity;
−Removed: however, they may be sold under certain circumstances, including, but not limited to, when necessary for the funding of acquisitions and other strategic investments, and therefore we classify our investment portfolio as available-for-sale.
+Added: however, they may be sold under certain circumstances, including, but not limited to, when necessary for the funding of acquisitions and other strategic investments, and therefore we classify our investment portfolio as available-
We invest in high-credit quality issuers and, by policy, limit the amount of credit exposure to any one issuer.
2 unchanged sentences
Our portfolio includes only marketable securities with active secondary or resale markets to facilitate portfolio liquidity.
−Removed: At March 31, 2021, and December 31, 2020, we held primarily cash equivalents and short-term investments with fixed interest rates.
+Added: At June 30, 2021, and December 31, 2020, we held primarily cash equivalents and short-term investments with fixed interest rates.
Our investment securities are subject to market interest rate risk and will vary in value as market interest rates fluctuate.
We monitor our investments per our above-mentioned investment policy;
−Removed: therefore, if market interest rates were to increase or decrease by 10% from interest rates as of March 31, 2021, or December 31, 2020, the increase or decrease in the fair market value of our portfolio on these dates would not have been material.
+Added: therefore, if market interest rates were to increase or decrease by 10% from interest rates as of June 30, 2021, or December 31, 2020, the increase or decrease in the fair market value of our portfolio on these dates would not have been material.
We monitor our investments for impairment on a periodic basis.
1 unchanged sentence
Foreign Currency Exchange Risk.
−Removed: As of March 31, 2021, our primary transactional currency was U.S.
+Added: As of June 30, 2021, our primary transactional currency was U.S.
in addition, we hold cash in Swiss francs and euro.
2 unchanged sentences
dollar versus the Swiss franc and euro is recorded in other income in our condensed consolidated statements of income.
−Removed: We have sales offices in various other foreign countries in which our expenses are denominated in the local currency, primary Asia and Western Europe.
+Added: We have sales offices in various other foreign countries in which our expenses are denominated in the local currency, primarily Asia and Western Europe.
Cash balances held in foreign countries are subject to local banking laws and may bear higher or lower risk than cash deposited in the United States.
From time to time we may enter into foreign currency hedging contracts to hedge certain foreign currency transactions.
−Removed: As of March 31, 2021, and December 31, 2020, we did not have an open foreign currency hedge program utilizing foreign currency forward exchange contracts.
+Added: As of June 30, 2021, and December 31, 2020, we did not have an open foreign currency hedge program utilizing foreign currency forward exchange contracts.
Two of our major suppliers, Epson and Lapis, have wafer supply agreements based in U.S.
11 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.