4 unchanged sentences
dollar strengthens relative to the Euro or other foreign currencies where we have operations, there will be a negative impact on our operating results upon translation of those foreign operating results into the U.S.
−Removed: Foreign currency exchange rate changes positively impacted our adjusted EBITDA per credit facility, which is a non-GAAP financial measure, by 0.1% in the three months ended September 30, 2020 and negatively impacted our adjusted EBITDA per credit facility, which is a non-GAAP financial measure, by 0.1% in the nine months ended September 30, 2020.
+Added: Foreign currency exchange rate changes positively impacted our adjusted EBITDA per credit facility, which is a non-GAAP financial measure, by 1.7% in the three months ended March 31, 2021.
We hedge a portion of our currency exchange exposure relating to foreign currency transactions with foreign exchange forward contracts.
−Removed: A sensitivity analysis indicates the potential loss in fair value on foreign exchange forward contracts outstanding at September 30, 2020, resulting from a hypothetical 10.0% adverse change in all foreign currency exchange rates against the U.S.
+Added: A sensitivity analysis indicates the potential loss in fair value on foreign exchange forward contracts outstanding at March 31, 2021, resulting from a hypothetical 10.0% adverse change in all foreign currency exchange rates against the U.S.
dollar, is approximately $6.8 million.
1 unchanged sentence
Interest Rate Risk
−Removed: As of September 30, 2020, we had variable-rate debt of approximately $412.2 million.
−Removed: Holding other variables constant, including levels of indebtedness, a one hundred basis point increase in interest rates on our variable-rate debt would cause an estimated reduction in income before income taxes of approximately $4.1 million.
+Added: As of March 31, 2021, we had variable-rate debt of approximately $403.4 million.
+Added: A sensitivity analysis indicates that, holding other variables constant, including levels of indebtedness, a one hundred basis point increase in interest rates on our variable-rate debt would cause an estimated reduction in income before income taxes of approximately $4.0 million.
We continue to evaluate the interest rate environment and look for opportunities to improve our debt structure and minimize interest rate risk and expense.
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.