12 unchanged sentences
Business transacted in currencies other than each entity’s functional currency results in transactional gains and losses.
−Removed: The net impacts of foreign currency transactions on our financial statements was a loss of $3.2 million in 2021 and gains of $2.4 million and $0.2 million, in 2020 and 2019, respectively.
+Added: The net impacts of foreign currency transactions on our financial statements were losses of $3.1 million and $3.2 million in 2022 and 2021, respectively, and a gain of $2.4 million in 2020.
Translation adjustments resulting from converting the foreign subsidiaries’ financial statements into U.S.
20 unchanged sentences
The fair value of our cash and cash equivalents is not particularly sensitive to interest rate changes.
−Removed: We did not have any long-term borrowings as of December 31, 2021.
+Added: Amounts borrowed under our Credit Facility accrue interest at a per annum rate based on either (i) the base rate plus a margin ranging from 0.125% to 0.500%, determined based on our consolidated leverage ratio or (ii) the Term Secured Overnight Financing Rate (for interest periods of 1, 3 or 6 months) plus a margin ranging from 1.125% to 1.5%, determined based on our consolidated leverage ratio.
+Added: A hypothetical 10% change in interest rates would not have a material impact on our interest expense as of December 31, 2022.
Inflation Risk
3 unchanged sentences
Financial Statements and Supplementary Data.
−Removed: The information required by this item is incorporated by reference to the consolidated financial statements and accompanying notes set forth on pages F-2 through F-32 of this Annual Report on Form 10-K.
+Added: The information required by this item is incorporated by reference to the consolidated financial statements and accompanying notes which begins on page F-2 of this Annual Report on Form 10-K.
Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.
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.