2 unchanged sentences
Our financial results are affected by changes in foreign exchange rates and economic conditions in foreign countries in which we operate.
−Removed: Our primary overseas markets are in Europe and Asia, thus exposing us to exchange rate risk from fluctuations in the euro, the Chinese renminbi and certain other currencies used in Asia.
+Added: Our primary overseas markets are in Europe and Asia, thus exposing us to exchange rate risk from fluctuations in the euro, the Chinese renminbi and certain other currencies.
We seek to mitigate exposure to variability in currency exchange rates, when possible, through the use of natural hedges, whereby purchases and sales in the same foreign currency and with similar maturity dates offset one another.
9 unchanged sentences
The interest charged on these borrowings fluctuates with movements in the benchmark LIBOR.
−Removed: 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.
+Added: As of December 31, 2021, the interest rate on our revolving credit facility was 1.72%, and a 100 basis point increase in LIBOR would have increased the amount of interest expense by approximately $0.4 million for the year ended December 31, 2021.
• 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.