8 unchanged sentences
Our risk management process primarily uses analytical techniques and sensitivity analysis.
−Removed: In 2019 , a 10% strengthening of the U.S dollar relative to other currencies would have resulted in a decrease to net sales and net income of approximately $38 million and $3 million , respectively, while a 10% weakening of the U.S.
+Added: In 2020, a 10% strengthening of the U.S.
+Added: dollar relative to other currencies would have resulted in a decrease to net sales and net income of approximately $32 million and $7 million, respectively, while a 10% weakening of the U.S.
dollar relative to other currencies would have resulted in an increase to net sales and net income of approximately $39 million and $7 million, respectively.
2 unchanged sentences
The interest charged on these borrowings fluctuates with movements in the benchmark LIBOR.
−Removed: As of December 31, 2019 , the effective all-in rate of interest on our revolving credit facility was 3.30% , net of the impact of our interest rate swap, and a 100 basis point increase in LIBOR would have increased the amount of interest expense by approximately $1.2 million for the year ended December 31, 2019 .
+Added: As of December 31, 2020, the effective all-in rate of interest on our revolving credit facility was 1.77%, and a 100 basis point increase in LIBOR would have increased the amount of interest expense by approximately $1.0 million for the year ended December 31, 2020.
• Commodity Risk
7 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.