What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2025-02-19 compared with 2024-02-21 · 2 added, 1 removed, 17 unchanged (15% of the section changed)

6 unchanged sentences

As of December 31, 2024, our $1.1 billion of outstanding long-term variable rate debt is indexed to SOFR plus a weighted average margin of 241 basis points.

Accordingly, our annual interest expense related to long-term variable rate debt is directly affected by movements in SOFR.

Accordingly, our annual

interest expense related to long-term variable rate debt is directly affected by movements in SOFR.

As of December 31, 2024, $1.0 billion, or 91%, of our long-term variable rate debt is subject to interest rate cap or swap agreements and $0.1 billion of our variable rate debt is not subject to any interest rate cap or swap agreements.

9 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.