5 unchanged sentences
Foreign Currency Exchange Risk
−Removed: 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.
+Added: Approximately 48.33% and 72.58% of our revenues for the six months ended June 30, 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 $26.9 million for the three months ended March 31, 2024 .
+Added: dollar would increase or decrease our net income by $23.3 million for the six months ended June 30, 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 $14.2 million for the three months ended March 31, 2024 .
+Added: dollar would increase or decrease our net income by $16.4 million for the six months ended June 30, 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 March 31, 2024 , three major customers jointly accounted for approximately 36.9% of our consolidated trade receivables, net balance.
+Added: As of June 30, 2024, two major customers jointly accounted for approximately 25.3% of our consolidated trade receivables, net balance.
As of December 31, 2023, three major customers jointly accounted for approximately 46.8% of our consolidated trade receivables, net balance.
−Removed: For the three months ended March 31, 2024 , no major customers contributed more than 10% of our total revenues .
−Removed: For the three months ended March 31, 2023 , two major customers jointly accounted for approximately 21.9% of our total revenues.
+Added: For the three months ended June 30, 2024, one major customer accounted for approximately 11.3% of our total revenues.
+Added: For the three months ended June 30, 2023, two major customers jointly accounted for approximately 29.6% of our total revenues.
+Added: For the six months ended June 30, 2024 no major customers contributed more than 10% of our total revenues.
+Added: For the six months ended June 30, 2023 two major customers accounted for approximately 24.7% 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.