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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2022-08-15 compared with 2022-06-24 · 1 added, 1 removed, 21 unchanged (9% of the section changed)
17 unchanged sentences
The Company also has fixed rate debt but does not currently utilize derivative instruments to manage the economic effect of changes in interest rates.
−Removed: The impact of a 1% increase in interest rates on our outstanding debt as of March 31, 2022 would have resulted in an annual increase in interest expense of approximately $5.2 million.
+Added: The impact of a 1% increase in interest rates on our outstanding debt as of June 30, 2022 would have resulted in an annual increase in interest expense of approximately $4.5 million.
Financial instruments that potentially subject us to concentrations of credit risk are trade account receivables.
2 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.