4 unchanged sentences
Fluctuations in currency rates could affect our revenues, cost of revenues and income from operations and could result in currency exchange gains and losses.
−Removed: During the second quarter of fiscal 2023, we entered into forward currency contracts in order to hedge a portion of our expected euro denominated earnings against our reporting currency, the U.S.
+Added: During the third quarter of fiscal 2023, we entered into forward currency contracts in order to hedge a portion of our expected euro-denominated earnings against our reporting currency, the U.S.
These currency exchange contracts will mature during fiscal 2023.
4 unchanged sentences
We do not use derivative financial instruments for speculative purposes.
−Removed: At September 30, 2022, we held foreign currency forward contracts to buy 28.5 million British pounds sterling;
+Added: At December 31, 2022, we held foreign currency forward contracts to buy 13.0 million British pounds sterling;
and to sell 150.0 million Mexican pesos, and to sell 16.3 million euros.
4 unchanged sentences
We may also enter into commodity swap contracts to hedge price changes in a certain commodity that impacts raw materials included in our cost of revenues.
−Removed: At September 30, 2022, we held commodity swap contracts to buy 400.8 thousand pounds of nickel.
+Added: At December 31, 2022, we held commodity swap contracts to buy 200.4 thousand pounds of nickel.
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.