3 unchanged sentences
Interest Rate Sensitivity
−Removed: Cash and cash equivalents were held primarily in money market funds and cash deposits.
+Added: Cash and cash equivalents are held primarily in money market funds and cash deposits.
The fair value of our cash and cash equivalents would not be significantly affected by either an increase or decrease in interest rates due mainly to the short-term nature of these instruments.
−Removed: Interest on any line of credit borrowings incurred pursuant to the credit agreement described above would accrue at a floating rate based on a formula tied to certain market rates at the time of incurrence;
+Added: Interest on our line of credit borrowings incurred pursuant to the credit agreement described above accrue at a floating rate based on a formula tied to certain market rates at the time of incurrence;
however, we do not expect that any change in prevailing interest rates will have a material impact on our results of operations.
2 unchanged sentences
dollars, and therefore, our net sales are not currently subject to significant foreign currency risk.
−Removed: Our operating expenses are denominated in the currencies of the countries and territories in which our operations are located, and may be subject to fluctuations due to changes in foreign currency exchange rates, particularly changes in the British Pound.
+Added: However, our products for sale in foreign countries are generally priced in the country’s local currency based on the currency exchange rate in effect at the time.
+Added: dollar strengthens, prices for customers in these regions may be more expensive relative to that of competition in those markets, thus adversely impacting consumer demand for our products.
+Added: Furthermore, the general purchasing power of consumers in foreign countries is weakened by a stronger U.S.
Fluctuations in foreign currency exchange rates may cause us to recognize transaction gains and losses in our consolidated statements of income.
−Removed: To date, foreign currency transaction gains and losses have not been material to our consolidated financial statements, and we have not engaged in any foreign currency hedging transactions.
+Added: To date, foreign currency
+Added: transaction gains and losses have not been material to our consolidated financial statements and we have not engaged in any foreign currency hedging transactions.
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.