5 unchanged sentences
We do not hold any financial instruments for trading purposes.
−Removed: We also hedge a portion of the floating interest rate on our long-term line of credit through two floating-to-fixed interest rate swaps.
+Added: We may use interest rate swaps, currency put options, forward purchase contracts, or other instruments to manage risks generally associated with foreign exchange rate, interest rate and commodity price fluctuations.
The primary measure of interest rate risk is the simulation of net income under different interest rate environments.
If interest rates were to increase or decrease over the next 12 months by 200 basis points, net earnings would be impacted by approximately $0.6 million.
−Removed: Our debt exceeded investments at March 1, 2025, so as interest rates increase, net earnings decrease;
+Added: Our debt exceeded investments at February 28, 2026, so as interest rates increase, net earnings decrease;
as interest rates decrease, net earnings increase.
3 unchanged sentences
We are subject to market risk due to changes in the value of foreign currencies in relation to our reporting currency, the U.S.
−Removed: We have operations in Canada, Brazil, Belgium, and Australia which primarily transact business in local currencies.
+Added: We have foreign operations in Canada, Brazil, the Netherlands and Belgium which primarily transact business in local currencies.
We manage these operating activities locally.
1 unchanged sentence
However, our consolidated financial results are reported in U.S.
−Removed: Thus, changes in exchange rates between the Canadian dollar, Brazilian Real, Euro, and Australian dollar versus the U.S.
+Added: Thus, changes in exchange rates between the Canadian dollar, Brazilian Real and Euro versus the U.S.
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 (see Note 4).
+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 to our Consolidated Financial Statements).
Sales from our domestic operations are generally denominated in U.S.
1 unchanged sentence
We are subject to market risk exposure related to volatility in the prices of aluminum and lumber, among other raw materials and supplies used in our end products.
−Removed: A significant amount of our cost of sales relates to materials costs.
−Removed: The commodities markets, which include the aluminum industry, are highly cyclical in nature.
+Added: A significant amount of our cost of sales relates to material costs.
+Added: The commodities markets, which include aluminum, are highly cyclical in nature.
As a result, commodity costs can be volatile.
6 unchanged sentences
We cannot accurately calculate the pre-tax impact a one percent change in the commodity costs of aluminum and/or lumber would have on our fiscal 2026 operating results, as the change in commodity costs would both impact the cost to purchase materials and the selling prices we offer our customers.
−Removed: The impact to our operating results would significantly depend on the competitive environment and the costs of other alternative products, which could impact our ability to pass commodities costs to our customers.
+Added: The impact to our operating results would depend on the competitive environment and the costs of other alternative products, which could impact our ability to pass commodities costs to our customers.
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.