2 unchanged sentences
The Company operates internationally, and thus is subject to potentially adverse movements in foreign currency exchange rates.
−Removed: Approximately 34% of the Company’s consolidated net sales in fiscal 2022 were made in foreign currencies, including 12% in euro, 4% in British pound sterling, 7% in Chinese yuan and the remaining 11% in other currencies.
+Added: Approximately 37% of the Company’s consolidated net sales in fiscal 2023 were made in foreign currencies, including 13% in euro, 5% in British pound sterling, 6% in Chinese yuan, 3% in Canadian dollars, and the remaining 10% in other currencies.
The Company is exposed to market risk primarily from foreign exchange rate fluctuations of the euro, British pound sterling, Chinese yuan and Canadian dollar as compared to the U.S.
14 unchanged sentences
dollar from June 30, 2023 levels against the euro, British pound sterling, Chinese yuan and Canadian dollar are as follows (in thousands):
−Removed: Decrease in translation of earnings of foreign subsidiaries (annualized)
+Added: Decrease in translation of earnings of foreign subsidiaries
Decrease in translation of net assets of foreign subsidiaries
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.