7 unchanged sentences
Our business transactions outside of the United States are denominated in the euro, Malaysian ringgit, Mexican peso, Thai baht and other currencies.
−Removed: We may use foreign currency forwards, swaps and options, where possible, to manage our risk related to certain foreign currency fluctuations.
−Removed: As of June 30, 2023 and December 31, 2022, we held contracts with notional amounts of $76.9 million and $58.3 million to exchange the U.S.
+Added: We may use foreign currency forwards, swaps and options, where possible, to manage our risk related to certain
+Added: foreign currency fluctuations.
+Added: As of September 30, 2023 and December 31, 2022, we held contracts with notional amounts of $78.2 million and $58.3 million to exchange the U.S.
dollar, Euro, and Thai baht.
See Note 8 of Notes to Consolidated Financial Statements.
−Removed: 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: Excluding deferred financing costs and third party fees, we had $462 million in borrowings under our Term Loan A, $563 million in borrowings under our Term Loan B, and no borrowings under our Revolving Credit Agreement and under our Receivables Financing Agreement at June 30, 2023.
−Removed: 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 $8 million per year based on our borrowings at June 30, 2023 and annualized sales volume under the RPA.
+Added: We are exposed to market risk from changes in interest rates related to our borrowing under our Revolving Credit Agreement and Receivables Financing Agreement, and related to our participation in the RPA.
+Added: Excluding deferred financing costs and third party fees, we had $421 million in borrowings under our Term Loan A, $539 million in borrowings under our Term Loan B, and no borrowings under our Revolving Credit Agreement and under our amended Receivables Financing Agreement at September 30, 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 $8 million per year based on our borrowings at September 30, 2023 and the maximum aggregate outstanding accounts receivable amount of $200 million under the RPA.
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 $4.16 and $4.92 per gallon in the first six months of 2023 and 2022.
−Removed: Based on business activity during the first six months of 2023, we estimate that every 10 cents per gallon increase in the benchmark would reduce our operating income by approximately $0.6 million on an annualized basis.
+Added: The benchmark averaged $4.20 and $5.00 per gallon in the first nine months of 2023 and 2022.
+Added: Based on business activity during the first nine months of 2023, we estimate that every 10 cents per gallon increase in the benchmark would reduce our annual operating income by approximately $0.6 million.
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.
1 unchanged sentence
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.