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 gain of $0.7 million in 2023 and losses of $3.1 million and $3.2 million in 2022 and 2021, respectively.
−Removed: Translation adjustments resulting from converting the foreign subsidiaries’ financial statements into U.S.
+Added: The net impacts of foreign currency transactions on our financial statements were losses of $3.2 million and $3.1 million in 2024 and 2022, respectively, and a gain of $0.7 million in 2023.
+Added: Translation adjustments
+Added: resulting from converting the foreign subsidiaries’ financial statements into U.S.
dollars are recorded as a component of accumulated other comprehensive income (loss) in stockholders’ equity.
19 unchanged sentences
The fair value of our cash and cash equivalents is not particularly sensitive to interest rate changes.
−Removed: 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: Amounts borrowed under our A&R Credit Agreement accrue interest at a per annum rate based on either (i) the base rate plus a margin ranging from 0.375% to 0.750%, determined based on our consolidated net leverage ratio or (ii) the Term SOFR rate (for interest periods of 1, 3 or 6 months) plus a margin ranging from 1.375% to 1.750%, determined based on our consolidated net leverage ratio, plus a credit spread adjustment of 0.100%.
A hypothetical 10% change in interest rates would not have a material impact on our interest expense as of December 31, 2024.
7 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.