8 unchanged sentences
If interest rates were to increase or decrease over the next 12 months by 200 basis points, net earnings would be impacted by approximately $1.0 million.
−Removed: Our debt exceeded investments at February 25, 2023, so as interest rates increase, net earnings decrease;
+Added: Our debt exceeded investments at March 2, 2024, so as interest rates increase, net earnings decrease;
as interest rates decrease, net earnings increase.
−Removed: In addition to the market risk related to interest rate changes on our financial instruments, the commercial construction markets in which our businesses operate are highly affected by changes in interest rates.
−Removed: Increases in interest rates could adversely impact activity in the commercial construction industry and our operating results.
+Added: In addition to the market risk related to interest rate changes on our financial instruments, the non-residential construction markets in which our businesses operate are highly affected by changes in interest rates.
+Added: Increases in interest rates could adversely impact activity in the non-residential construction industry and our operating results.
Foreign Currency Exchange Rate Risk
6 unchanged sentences
dollar, will impact our reported financial results.
−Removed: From time to time, we enter into forward purchase foreign currency contracts, generally with an original maturity date of less than one year, to hedge foreign currency risk (refer to additional discussion within Note 4 of the Notes to Consolidated Financial Statements).
+Added: From time to time, we enter into forward purchase foreign currency contracts, generally with an original maturity date of less than one year, to hedge foreign currency risk (see Note 4 of the Notes to Consolidated Financial Statements in Item 8 of this Form 10-K).
Sales from our domestic operations are generally denominated in U.S.
3 unchanged sentences
The commodities markets, which include the aluminum industry, are highly cyclical in nature.
−Removed: As a result, commodity costs can be volatile, as we have experienced from time to time during recent fiscal quarters, and may become more volatile in the future.
+Added: As a result, commodity costs can be volatile.
Commodity costs are influenced by numerous factors beyond our control, including general economic conditions, the availability of raw materials, competition, labor costs, freight and transportation costs, production costs, import duties and other trade restrictions.
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.