8 unchanged sentences
We may use foreign currency forwards, swaps and options, where possible, to manage our risk related to certain foreign currency fluctuations.
+Added: As of March 31, 2023 and December 31, 2022, we held contracts with notional amounts of $70.5 million and $58.3 million to exchange the U.S.
+Added: dollar, Euro, and Thai baht.
+Added: See Note 8 of Notes to Consolidated Financial Statements.
We are exposed to market risk from changes in interest rates related to our borrowing under our Revolving Credit Agreement and Receivables Financing Agreement.
−Removed: E xcluding deferred financing costs and third party fees, we had $500 million in borrowings under our Term Loan A, $597 million in borrowings under our Term Loan B, no borrowings under our Revolving Credit Agreement, $157 million in borrowings under our Receivables Financing Agreement at September 30, 2022.
−Removed: After considering the effects of an interest rate swap agreement entered into during April 2022, we estimate an increase in interest rates of 100 basis points would result in a potential reduction in future pre-tax earnings of approximately $8.5 million per year based on our borrowings outstanding at September 30, 2022.
+Added: Excluding deferred financing costs and third party fees, we had $485 million in borrowings under our Term Loan A, $584 million in borrowings under our Term Loan B, no borrowings under our Revolving Credit Agreement and under our Receivables Financing Agreement at March 31, 2023.
+Added: After considering the effects of our interest rate swap agreement (see Note 8 of Notes to Consolidated Financial Statements), we estimate an increase in interest rates of 100 basis points would result in a potential reduction in future pre-tax earnings of approximately $7.2 million per year based on our borrowings outstanding at March 31, 2023.
Due to the nature and pricing of our Products & Healthcare Services segment distribution services, we are exposed to potential volatility in fuel prices.
3 unchanged sentences
Energy Information Administration.
−Removed: The benchmark averaged $5.00 and $3.16 per gallon in the first nine months of 2022 and 2021.
−Removed: Based on our fuel consumption in the first nine months of 2022, we estimate that every 10 cents per gallon increase in the benchmark would directly reduce our operating income by approximately $0.4 million on an annualized basis.
−Removed: We are also indirectly exposed to increased shipping and freight costs, including container and other third party fees associated with the transportation of our products due to
−Removed: changes in fuel prices.
+Added: The benchmark averaged $4.38 and $4.30 per gallon in the first three months of 2023 and 2022.
+Added: Based on business activity during the first three months of 2023, we estimate that every 10 cents per gallon increase in the benchmark would reduce our operating income by approximately $0.5 million on an annualized basis.
+Added: We are also indirectly exposed to increased shipping and freight costs, including container and other third party fees associated with the transportation of our products due to changes in fuel prices.
Changes in fuel prices have contributed to significant shipping and freight costs in recent years and in the future may contribute to changes in our results of operations.
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.