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 net income by 1.4% in the three months ended September 30, 2021 and positively impacted our net income by 2.5% in the nine months ended September 30, 2021.
−Removed: Foreign currency exchange rate changes positively impacted our adjusted EBITDA, which is a non-GAAP financial measure, by 1.1% in the three months ended September 30, 2021 and positively impacted our adjusted EBITDA, which is a non-GAAP financial measure, by 2.0% in the nine months ended September 30, 2021.
+Added: Foreign currency exchange rate changes positively impacted our net income by 1.7% and 2.1% in the three months ended March 31, 2022 and 2021, respectively.
+Added: Foreign currency exchange rate changes negatively impacted our EBITDA, which is a non-GAAP financial measure, by 1.3% in the three months ended March 31, 2022 and positively impacted our adjusted EBITDA, 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, 2021, 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, 2022, resulting from a hypothetical 10.0% adverse change in all foreign currency exchange rates against the U.S.
dollar, is approximately $7.2 million.
1 unchanged sentence
Interest Rate Risk
−Removed: As of September 30, 2021, we had variable-rate debt of approximately $687.2 million.
+Added: As of March 31, 2022, we had variable-rate debt of approximately $990.1 million.
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 $9.9 million.
1 unchanged sentence
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.