Quantitative and Qualitative Disclosures About Market Risk
−Removed: Our cash and cash equivalents are held primarily in certificates of deposit and money market investment funds.
+Added: Our cash and cash equivalents are held primarily in checking accounts, certificates of deposit, and money market investment funds.
In 2019, we entered into an interest rate swap and cross-currency swap for hedging purposes.
+Added: These derivatives settled on their maturity date of June 27, 2023.
Refer to details noted below (see Note 20, Derivative Instruments and Hedging Activities ).
7 unchanged sentences
Interest Rate Risk
−Removed: We have exposure to market risk for changes in interest rates, including the interest rate relating to our credit agreement dated July 27, 2022 (see Note 8, Revolving Loan).
−Removed: In 2019, we began to manage our interest rate exposure through the use of derivative instruments.
−Removed: All of our derivative instruments are utilized for risk management purposes, and are not used for trading or speculative purposes.
−Removed: 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 December 31, 2022, the notional amount of our outstanding interest rate swap was $108,569.
+Added: We have exposure to market risk for changes in interest rates, including the interest rate relating to the 2022 Credit Agreement.
+Added: In the second quarter of 2019, we began to manage our interest rate exposure through the use of derivative instruments.
+Added: These derivatives were utilized for risk management purposes, and were not used for trading or speculative purposes.
+Added: We hedged a portion of our floating interest rate exposure using an interest rate swap (see Note 20, Derivative Instruments and Hedging Activities ).
+Added: This derivative settled on its maturity date of June 27, 2023.
Foreign Currency Exchange Risk
3 unchanged sentences
In 2019, we entered into a cross-currency swap, with a notional amount of $108,569, which we designated as a hedge of our net investment in Chemogas (see Note 20, Derivative Instruments and Hedging Activities ).
+Added: This derivative settled on its maturity date of June 27, 2023.
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.