13 unchanged sentences
Foreign currency translation gains and losses primarily relate to changes in the value of revenue equipment owned by a subsidiary in Mexico, whose functional currency is the Peso.
−Removed: Foreign currency translation gains were $0.9 million for second quarter 2020 and $0.5 million for second quarter 2019.
+Added: Foreign currency translation gains were $0.8 million for third quarter 2020 and losses were $1.1 mil lion for third quarter 2019.
These were recorded in accumulated other comprehensive loss within stockholders’ equity in the Consolidated Balance Sheets.
1 unchanged sentence
We manage interest rate exposure through a mix of variable rate debt and interest rate swap agreements.
−Removed: We had $150 million of debt outstanding at June 30, 2020, for which the interest rate is effectively fixed at 2.34% through May 2024 with two interest rate swap agreements to reduce our exposure to interest rate increases.
−Removed: We had $25 million of variable rate debt outstanding at June 30, 2020.
+Added: We had $150 million of debt outstanding at September 30, 2020, for which the interest rate is effectively fixed at 2.34% through May 2024 with two interest rate swap agreements to reduce our exposure to interest rate increases.
+Added: We had $25 million of variable rate debt outstanding at September 30, 2020.
Interest rates on the variable rate debt and our unused credit facilities are based on the LIBOR.
4 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.