17 unchanged sentences
We are exposed to interest rate fluctuations with respect to our variable rate debt, depending on general economic conditions.
−Removed: On December 31, 2020, we had the following variable rate debt:
−Removed: (in thousands, except interest rates)
−Removed: Long-term debt
−Removed: Credit agreement with borrowings outstanding, net of fixed rate portion, at an end of period interest rate of 1.775% in 2020, due in 2024
−Removed: Assuming borrowings were outstanding for an entire year, an increase of one percentage point in weighted average interest rates would increase interest expense by $0.5 million.
−Removed: To manage interest rate risk, we may periodically enter into interest rate swap agreements to effectively fix the interest rates on variable debt to a specific rate for a period of time.
−Removed: (See Note 18 of the Consolidated Financial Statements, included under Item 8 of this Form 10-K, which is incorporated herein).
+Added: On December 31, 2021, we had no variable rate debt.
+Added: To manage interest rate risk, we may periodically enter into interest rate swap agreements to effectively fix the interest rates on variable rate debt to a specific rate for a period of time.
+Added: (See Note 18 of the Consolidated Financial Statements, included under Item 8 of this Form 10-K).
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.