5 unchanged sentences
Foreign Currency Exchange Risk
−Removed: Approximately 70.9% and 59.5% of our revenues for the nine months ended September 30, 2023 , and 2022 , respectively, were earned in non U.S.
+Added: Approximately 54.4% and 23.5% of our revenues for the three months ended March 31, 2024 , and 2023 , respectively, were earned in non U.S.
dollar denominated currencies, principally the Euro.
4 unchanged sentences
A hypothetical 10% change in foreign currency exchange rates between the Euro and the U.S.
−Removed: dollar would increase or decrease our net income by $198.5 million for the nine months ended September 30, 2023 .
+Added: dollar would increase or decrease our net income by $26.9 million for the three months ended March 31, 2024 .
A hypothetical 10% change in foreign currency exchange rates between the NIS and the U.S.
−Removed: dollar would increase or decrease our net income by $30.3 million for the nine months ended September 30, 2023 .
+Added: dollar would increase or decrease our net income by $14.2 million for the three months ended March 31, 2024 .
For purposes of our consolidated financial statements, local currency assets and liabilities are translated at the rate of exchange to the U.S.
8 unchanged sentences
Our trade accounts receivables potentially expose us to a concentration of credit risk with our major customers.
−Removed: As of September 30, 2023 , two major customers jointly accounted for approximately 37.3% of our consolidated trade receivables, net balance.
−Removed: As of December 31, 2022 , two major customers jointly accounted for approximately 27.7% of our consolidated trade receivables, net balance.
−Removed: For the three months ended September 30, 2023 two major customers jointly accounted for approximately 27.3% of our total revenues.
−Removed: For the three months ended September 30, 2022 two major customers accounted for approximately 27.4% of our total revenues.
−Removed: For the nine months ended September 30, 2023 two major customers jointly accounted for approximately 25.4% of our total revenues.
−Removed: For the nine months ended September 30, 2022 one major customer accounted for approximately 20.1% of our total revenues.
+Added: As of March 31, 2024 , three major customers jointly accounted for approximately 36.9% of our consolidated trade receivables, net balance.
+Added: As of December 31, 2023 , three major customers jointly accounted for approximately 46.8% of our consolidated trade receivables, net balance.
+Added: For the three months ended March 31, 2024 , no major customers contributed more than 10% of our total revenues .
+Added: For the three months ended March 31, 2023 , two major customers jointly accounted for approximately 21.9% of our total revenues.
Commodity Price 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.