11 unchanged sentences
We manage our exposure to that risk primarily through the application of fuel surcharges to our customers.
−Removed: We have potential exposure to market risk related to conditions in the commercial real estate market.
−Removed: Our retail real estate holdings of $21,164 at February 25, 2023 for Company-owned stores could suffer significant impairment in value if we are forced to close additional stores and sell or lease the related properties during periods of weakness in certain markets.
−Removed: Additionally, if we are required to assume responsibility for payment under the lease obligations of $1,889 which we have guaranteed on behalf of licensees as of February 25, 2023 we may not be able to secure sufficient sub-lease income in the current market to offset the payments required under the guarantees.
−Removed: We are also exposed to risk related to conditions in the commercial real estate rental market with respect to the right-of-use assets we carry on our balance sheet for leased retail store locations, manufacturing and warehouse facilities.
−Removed: At February 25, 2023, the unamortized balance of such right-of-use assets used in continuing operations totaled $95,966.
−Removed: Should we have to close or otherwise abandon one of these leased locations, we could incur additional impairment charges if rental market conditions do not support a fair value for the right of use asset in excess of its carrying value.
PART I-FINANCIAL INFORMATION-CONTINUED
BASSETT FURNITURE INDUSTRIES, INCORPORATED AND SUBSIDIARIES
−Removed: NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS-UNAUDITED
−Removed: FEBRUARY 25, 2023
(Dollars in thousands except share and per share data)
+Added: We have potential exposure to market risk related to conditions in the commercial real estate market.
+Added: Our retail real estate holdings of $21,027 at May 27, 2023 for Company-owned stores could suffer significant impairment in value if we are forced to close additional stores and sell or lease the related properties during periods of weakness in certain markets.
+Added: Additionally, if we are required to assume responsibility for payment under the lease obligations of $1,897 which we have guaranteed on behalf of licensees as of May 27, 2023 we may not be able to secure sufficient sub-lease income in the current market to offset the payments required under the guarantees.
+Added: We are also exposed to risk related to conditions in the commercial real estate rental market with respect to the right-of-use assets we carry on our balance sheet for leased retail store locations, manufacturing and warehouse facilities.
+Added: At May 27, 2023, the unamortized balance of such right-of-use assets used in continuing operations totaled $92,074.
+Added: Should we have to close or otherwise abandon one of these leased locations, we could incur additional impairment charges if rental market conditions do not support a fair value for the right of use asset in excess of its carrying value.
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.