5 unchanged sentences
Our results of operations and cash flows are, therefore, subject to fluctuations due to changes in foreign currency exchange rates and may be adversely affected in the future due to changes in foreign currency exchange rates.
−Removed: The effect of a hypothetical 10% adverse change in foreign currency exchange rates on monetary assets and liabilities at September 30, 2021 would not have been material to our financial condition or results of operations.
+Added: The effect of a hypothetical 10% adverse change in foreign currency exchange rates on monetary assets and liabilities at March 31, 2022 would not have been material to our financial condition or results of operations.
We enter into forward contracts designated as cash flow hedges to manage the foreign currency exchange rate risk associated with certain of our foreign currency denominated expenditures.
3 unchanged sentences
Interest Rate Risk
−Removed: As of September 30, 2021, we had cash and cash equivalents of $227.1 million consisting of bank deposits and money market funds and short- and long-term investments of $82.5 million consisting of commercial paper, corporate bonds and U.S.
−Removed: government agencies.
+Added: As of March 31, 2022, we had cash and cash equivalents of $141.4 million consisting of bank deposits and money market funds and short- and long-term investments of $121.5 million consisting of U.S.
+Added: government agencies, commercial paper, corporate bonds and agency bonds.
Our investments are made for capital preservation purposes.
6 unchanged sentences
The interest and market value changes affect the fair values of the convertible senior notes but does not impact our financial position, cash flows or results of operations due to the fixed nature of the debt obligation.
−Removed: Based upon the quoted market price as of September 30, 2021, the fair values of our 2023 Notes, 2025 Notes and 2027 Notes were $123.2 million, $446.6 million and $747.5 million, respectively.
−Removed: As of September 30, 2021, the effect of a hypothetical 10% increase or decrease in interest rates would not have had a material impact on our financial statements.
+Added: Based upon the quoted market price as of March 31, 2022, the fair values of our 2025 Notes and 2027 Notes were $435.1 million and $669.7 million, respectively.
+Added: As of March 31, 2022, the effect of a hypothetical 10% increase or decrease in interest rates would not have had a material impact on our financial statements.
Inflation Risk
3 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.