1 unchanged sentence
Interest Rate Sensitivity
−Removed: We had cash and cash equivalents of $151.0 million and $126.3 million as of March 31, 2025 and June 30, 2024, respectively.
+Added: We had cash and cash equivalents of $177.2 million and $149.7 million as of September 30, 2025 and June 30, 2025, respectively.
C ash and cash equivalents includes securities that have a maturity of three months or less at the date of purchase.
1 unchanged sentence
The fair value of our cash and cash equivalents would not be significantly affected by either a 10% increase or decrease in interest rates due mainly to the short-term nature of these instruments.
−Removed: We are exposed to interest rates risks primarily through borrowing under our credit facility.
+Added: We are exposed to interest rates risks primarily through borrowing under the Facilities.
Interest on our borrowings is based on variable rates.
−Removed: Based on a sensitivity analysis, as of March 31, 2025, 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 $6.8 million over the next twelve months.
+Added: Based on a sensitivity analysis, as of September 30, 2025, 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 $2.7 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 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 Taiwanese 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 $3.1 million for the three months ended March 31, 2025.
−Removed: 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.
+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 $3.2 million for the three months ended September 30, 2025.
+Added: 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 Taiwanese 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 March 31, 2025 are denominated would result in a charge or benefit to our income before income taxes of approximately $3.1 million for the three and nine months ended March 31, 2025.
+Added: dollar relative to the other currencies in which bank accounts as of September 30, 2025 are denominated would result in a charge or benefit to our income before income taxes of approximately $4.4 million for the three months ended September 30, 2025.
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.