1 unchanged sentence
Interest Rate Risk
−Removed: We had cash and cash equivalents of $270.3 million as of September 30, 2020.
+Added: We had cash and cash equivalents of $277.7 million as of March 31, 2021.
In addition, the Company received proceeds, net of underwriter fees, from its Offering of $423.0 million on July 31, 2020, which it used to pay off outstanding debt of $175.0 million resulting in the Company having no outstanding bank debt after such redemption.
3 unchanged sentences
We are exposed to risk related to changes in interest rates.
−Removed: Borrowings under the New Credit Agreement bear interest at rates that are variable.
+Added: Borrowings under the bank credit agreement bear interest at rates that are variable.
Increases in the bank prime or LIBOR rates would increase the interest rate on any outstanding borrowings.
5 unchanged sentences
dollar as compared to these currencies may negatively affect our revenue and other operating results as expressed in U.S.
−Removed: For the three and nine months ended September 30, 2019 and 2020, approximately 1% of our revenues were generated in currencies other than U.S.
+Added: For the three months ended March 31, 2021 and 2020, approximately 1% of our revenues were generated in currencies other than U.S.
dollars in each respective period.
−Removed: We have experienced and will continue to experience fluctuations in our net (loss) income as a result of transaction gains or losses related to revaluing certain current asset and current liability balances that are denominated in currencies other than the functional currency of the entities in which they are recorded.
+Added: We have experienced and will continue to experience fluctuations in our net (loss) income as a result of transaction gains or losses related to revaluing certain current asset and current liability balances that are denominated in currencies
+Added: other than the functional currency of the entities in which they are recorded.
We have historically recognized immaterial amounts of foreign currency gains and losses in each of the periods presented.
7 unchanged sentences
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.