9 unchanged sentences
Foreign Currency Risk
−Removed: The vast majority of our sales are denominated in U.S.
−Removed: dollars, and therefore, our revenues are not directly subject to foreign currency risk.
+Added: The majority of our sales are denominated in U.S.
+Added: dollars, and therefore substantially most of our revenues are not directly subject to foreign currency risk.
+Added: However, changes in exchange rates, and in particular a strengthening of the U.S.
+Added: dollar, will negatively affect the Company's net sales and gross margins as expressed in the U.S.
Certain of our operating expenses are denominated in the currencies of the countries in which our operations are located, and may be subject to fluctuations due to changes in foreign currency exchange rates, particularly changes in the Chinese Yuan, Euro, and Taiwan Dollar.
1 unchanged sentence
dollar relative to the other currencies in which our expenses are denominated would result in a charge or benefit to our income before income taxes of approximately $9.5 million for fiscal year June 30, 2021.
−Removed: Financial Statements and Supplementary Data
+Added: Financial Statements
The response to this Item is submitted as a separate section of this Form 10-K.
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.