5 unchanged sentences
We do not enter into investments for trading or speculative purposes.
−Removed: We did not have any variable interest rate outstanding debt as of September 30, 2023 .
+Added: We did not have any variable interest rate outstanding debt as of March 31, 2024.
Therefore, we do not have any material risk to interest rate fluctuations.
−Removed: SPS COMMERCE, INC.
−Removed: Form 10-Q for the Quarterly Period ended September 30, 2023
Foreign Currency Exchange Risk
2 unchanged sentences
Our consolidated balance sheet, results of operations, and cash flows are, therefore, subject to fluctuations due to changes in foreign currency exchange rates and may be adversely affected in the future due to changes in foreign exchange rates.
+Added: Our predominate exposure to foreign currency exchange rates are due to non-monetary assets held in currencies other than the U.S.
+Added: dollar, and thus fluctuations in currencies primarily result in comprehensive income(loss), not net income(loss).
Our sales are primarily denominated in U.S.
Our expenses are generally denominated in the local currencies in which our operations are located.
−Removed: As of September 30, 2023 , we maintained 12% of our total cash and cash equivalents and investments in foreign currencies.
−Removed: We believe that a hypothetical 10% change in foreign currency exchange rates or an inability to access foreign funds would not materially affect our ability to meet our operational needs, result in a material foreign currency loss or have a material impact on our consolidated financials.
+Added: As of March 31, 2024, we maintained 9% of our total cash and cash equivalents and investments in foreign currencies.
+Added: We believe that a hypothetical 10% change in foreign currency exchange rates or an inability to access foreign funds would not materially affect our ability to meet our operational needs or result in a material foreign currency impact classified within net income(loss).
We have not used any forward contracts or currency borrowings to hedge our exposure to foreign currency exchange risk, although we may do so in the future.
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.