3 unchanged sentences
Refer to details noted above (see Note 20, "Derivative Instruments and Hedging Activities" ).
−Removed: Additionally, as of June 30, 2022, our borrowings were under a revolving loan bearing interest at a fluctuating rate as defined by the 2018 Credit Agreement plus an applicable rate.
+Added: Additionally, as of September 30, 2022, our borrowings were under a revolving loan bearing interest at a fluctuating rate as defined by the 2022 Credit Agreement plus an applicable rate.
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 June 30, 2022, would result in an increase or decrease in annual interest expense and a corresponding reduction or increase in cash flow of approximate ly $4,336 .
+Added: A 100 basis point increase or decrease in interest rates, applied to our borrowings at September 30, 2022, would result in an increase or decrease in annual interest expense and a corresponding reduction or increase in cash flow of approximate ly $4,626 .
We are exposed to commodity price risks, including prices of our primary raw materials.
8 unchanged sentences
We have hedged a portion of our floating interest rate exposure using an interest rate swap (see Note 20, "Derivative Instruments and Hedging Activities").
−Removed: As of June 30, 2022, the notional amount of our outstanding interest rate swap was $108,569.
+Added: As of September 30, 2022, the notional amount of our outstanding interest rate swap was $108,569.
Foreign Currency Exchange Risk
6 unchanged sentences
These contracts did not qualify for hedge accounting under the applicable sections of ASC Topic 815.
−Removed: For the six months ended June 30, 2022, the net gains on these forward contracts amounted to $512 and were recorded in "other (income) expense, net" on the condensed consolidated statements of earnings.
−Removed: As of June 30, 2022, the Company did not maintain any open foreign currency exchange forward contracts as all four contracts were settled as of June 30, 2022.
+Added: For the nine months ended September 30, 2022, the net gains on these forward contracts amounted to $512 and were recorded in "other (income) expense, net" on the condensed consolidated statements of earnings.
+Added: As of September 30, 2022, the Company did not maintain any open foreign currency exchange forward contracts as all four contracts were settled as of June 30, 2022.
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.