Quantitative and Qualitative Disclosures About Market Risk
−Removed: Our cash and cash equivalents are held primarily in checking ac counts, certificates of deposit, a nd money market investment funds.
−Removed: Additionally, as of March 31, 2026, our borrowings were under a revolving loan bearing interest at a fluctuating rate as defined by the 2022 Credit Agreement plus an applicable rate (See Note 7 , Revolving Loan ).
+Added: Our cash and cash equivalents are held primarily in checking ac counts a nd money market investment funds.
+Added: Additionally, as of June 30, 2026, our borrowings were under a revolving loan bearing interest at a fluctuating rate as defined by the 2022 Credit Agreement plus an applicable rate (See Note 7 , Revolving Loan ).
The applicable rate is based upon our consolidated net leverage ratio, as defined in the 2022 Credit Agreement.
−Removed: A 100 basis point increase or decrease in interest rates, applied to our borrowings at March 31, 2026, would result in an increase or decrease in annual interest expense and a corresponding reduction or increase in cash flow of approxi mately $1,690.
+Added: A 100 basis point increase or decrease in interest rates, applied to our borrowings at June 30, 2026, would result in an increase or decrease in annual interest expense and a corresponding reduction or increase in cash flow of approxi mately $1,520.
We are exposed to commodity price risks, including prices of our primary raw materials.
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