7 unchanged sentences
When the U.S.
−Removed: Dollar strengthens, our sales and gross profit will be negatively impacted.
+Added: Dollar strengthens, our sales and gross margin will be negatively impacted.
In addition, we have assets and liabilities denominated in non-functional currencies which are remeasured at each reporting period, with the offset to changes presented as a component of Other (Expense) Income.
3 unchanged sentences
As of May 31, 2025, the Company does not have any outstanding debt (see Note 11, "Long-Term Debt" set forth in the Notes in the consolidated financial statements included in this Annual Report on Form 10-K).
+Added: Interest on the Revolving Facility will be based, at the Company's option, on a rate equal to (i) the Secured Overnight Financing Rate ("SOFR") plus 0.1% (subject to a floor of 0%) ("Adjusted Term SOFR"), or (ii) the alternate base rate (subject to a floor of 0%) ("ABR"), and in each case with a margin for Adjusted Term SOFR loans of 2.0% and for ABR loans of 1.0%.
+Added: The Revolving Facility will also carry a commitment fee of 0.2% per annum on the unused portion.
+Added: The Revolving Facility contains customary benchmark replacement and rate fallback provisions.
CONCENTRATION OF CREDIT RISK
7 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.