4 unchanged sentences
Dollar, particularly the Euro, British pound and Canadian dollar.
−Removed: For the three months ended August 31, 2021, approximately 6% of our sales were denominated in foreign currencies.
+Added: For the six months ended November 30, 2021, approximately 7 % of our sales were denominated in foreign currencies.
We do not have expenses denominated in foreign currencies at the level of our sales and as a result, our profitability is exposed to currency fluctuations.
4 unchanged sentences
Interest Rate Risk
−Removed: On June 3, 2019, we entered into the Credit Agreement which provides for a $125.0 million Revolving Facility.
+Added: We have a Credit Agreement which provides for a $125.0 million Revolving Facility.
Interest on the facility will be based, at the Company’s option, on either a base rate of LIBOR or alternate base rate, plus an applicable margin tied to the Company’s total leverage ratio and having ranges between 0.25% and 0.75% for base rate loans and between 1.25% and 1.75% for LIBOR loans.
In the event of default, the interest rate may be increased by 2.0%.
−Removed: As of August 31, 2021 there was $25.0 million outstanding on the Revolving Facility.
−Removed: The interest rate on the Revolving Facility at August 31, 2021 was 1.34%.
+Added: As of November 30, 2021 there was $25.0 million outstanding on the Revolving Facility.
+Added: The interest rate on the Revolving Facility at November 30, 2021 was 1.34%.
Concentration of Credit Risk
9 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.