1 unchanged sentence
Interest Rate Sensitivity
−Removed: We had cash and cash equivalents of $165.2 million and $126.3 million as of September 30, 2024 and June 30, 2024, respectively.
+Added: We had cash and cash equivalents of $133.1 million and $126.3 million as of December 31, 2024 and June 30, 2024, respectively.
C ash and cash equivalents includes securities that have a maturity of three months or less at the date of purchase.
3 unchanged sentences
Interest on our borrowings is based on variable rates.
−Removed: Based on a sensitivity analysis, as of September 30, 2024, an instantaneous and sustained 200-basis-point increase in interest rates affecting our floating rate debt obligations, and assuming that we take no counteractive measures, would result in an incremental charge to our income before income taxes of approximately $11.1 million over the next twelve months.
+Added: Based on a sensitivity analysis, as of December 31, 2024, an instantaneous and sustained 200-basis-point increase in interest rates affecting our floating rate debt obligations, and assuming that we take no counteractive measures, would result in an incremental charge to our income before income taxes of approximately $8.1 million over the next twelve months.
Foreign Currency Risk
−Removed: Certain of our sales, labor and other costs included in costs of revenue and operating expenses are denominated in the currencies of the
−Removed: 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.
+Added: Certain of our sales, labor and other costs included in costs of revenue and 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.
A 10% appreciation or depreciation in the value of the U.S.
−Removed: dollar relative to the other currencies in which our revenue and expenses are denominated would result in a charge or benefit to our income before income taxes of approximately $3.0 million for the three months ended September 30, 2024.
+Added: dollar relative to the other currencies in which our revenue and expenses are denominated would result in a charge or benefit to our income before income taxes of approximately $3.1 million for the three months ended December 31, 2024.
We have certain bank accounts outside the U.S., which 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.
A 10% appreciation or depreciation in the value of the U.S.
−Removed: dollar relative to the other currencies in which bank accounts as of September 30, 2024 are denominated would result in a charge or benefit to our income before income taxes of approximately $6.1 million for fiscal year September 30, 2024.
+Added: dollar relative to the other currencies in which bank accounts as of December 31, 2024 are denominated would result in a charge or benefit to our income before income taxes of approximately $2.9 million for fiscal year December 31, 2024.
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.