7 unchanged sentences
economy and, to a lesser extent, in non-U.S.
−Removed: economies including those of Europe, Canada, Mexico, South America, and Asia-Pacific.
+Added: economies including those of Europe, Canada, Mexico, South America, Japan, and Asia-Pacific.
Generally, as we experience fluctuations in our costs, we reflect these increases in costs as price increases to our customers with the goal of being margin neutral.
8 unchanged sentences
In fiscal 2026, 44% of our net sales were from manufacturing plants and sales offices in foreign jurisdictions.
−Removed: We manufacture our products in the United States, China, Germany, United Kingdom, Hungary, Mexico, and Malaysia and sell our products in over 100 countries.
+Added: We manufacture our products in the United States, Japan, China, Germany, United Kingdom, Hungary, Mexico, and Malaysia and sell our products in over 100 countries.
Our results of operations could be affected by factors such as changes in foreign currency rates or weak economic conditions in foreign markets.
−Removed: With our fiscal year 2017 acquisition of STAHL, we have an increased presence in the United Arab Emirates, with total assets of approximately $8,201,000.
Our operating results are exposed to fluctuations between the U.S.
−Removed: Dollar and the Canadian Dollar, European currencies, the South African Rand, the Mexican Peso, the Brazilian Real, and the Chinese Yuan.
+Added: Dollar and the Canadian Dollar, European currencies, the South African Rand, the Mexican Peso, the Brazilian Real, Japanese Yen and the Chinese Yuan.
For example, when the U.S.
8 unchanged sentences
This intercompany loan is related to the acquisition of STAHL.
−Removed: As of March 31, 2025, the notional amount of this derivative was $72,040,000, and the contract matures on March 31, 2028.
−Removed: From its March 31, 2025 balance of accumulated other comprehensive gain (loss) "AOCL", the Company expects to reclassify approximately $36,000 out of AOCL, and into foreign currency exchange loss (gain), during the next 12 months based on the contractual payments due under this intercompany loan.
+Added: As of March 31, 2026, the notional amount of this derivative was $50,170,000, and the contract matures on June 30, 2028.
+Added: From its March 31, 2026 balance of Accumulated other comprehensive loss ("AOCL"), the Company expects to reclassify approximately $1,166,000 out of AOCL, and into foreign currency exchange loss (gain), net, during the next 12 months based on the contractual payments due under this intercompany loan.
The Company has foreign currency forward agreements that are designated as cash flow hedges to hedge a portion of forecasted inventory purchases denominated in foreign currencies.
−Removed: As of March 31, 2025, the notional amount of these derivatives was $36,528,000, and all contracts mature by December 31, 2025.
+Added: As of March 31, 2026, the notional amount of these derivatives was $6,243,000, and all contracts mature by March 31, 2027.
From its March 31, 2026 balance of AOCL, the Company expects to reclassify approximately $15,000 out of AOCL during the next 12 months based on the expected sales of the goods purchased.
1 unchanged sentence
We are subject to interest rate risk in connection with the Term Loan B and the AR Securitization Facility and Revolving Credit Facility.
−Removed: As of March 31, 2025, we had $437.6 million outstanding under the Term Loan B, $25.0 million outstanding on the AR Securitization Facility and no amounts outstanding under the Revolving Credit Facility.
−Removed: The Term Loan, AR Securitization Facility and the Revolving Credit Facility each bear interest at variable rates.
+Added: As of March 31, 2026, we had $1,456,990,000 outstanding under the 2026 Term Loan B, $900,000,000 of Senior Secured Notes, $53,400,000 outstanding on the AR Securitization Facility and $25,000,000 amounts outstanding under the 2026 Revolving Credit Facility.
+Added: The 2026 Term Loan B, AR Securitization Facility and the 2026 Revolving Credit Facility each bear interest at variable rates, but the interest rate on the Notes is fixed.
The Company has entered into interest rate swap agreements which are designated as cash flow hedges to hedge changes in interest expense due to changes in the interest rate of the Company's variable interest rate debt.
−Removed: The Company has five interest rate swap agreements outstanding in which it receives interest at a variable rate and pays interest at a fixed rate.
+Added: The Company has zero interest rate swap agreements outstanding in which it receives interest at a variable rate and pays interest at a fixed rate.
rate swaps have varying maturity dates between March 31, 2027 and March 31, 2031 with an aggregate notional amount of $965,000,000 as of March 31, 2026.
1 unchanged sentence
From its March 31, 2026 balance of AOCL, the Company expects to reclassify approximately $238,000 out of AOCL, and into interest expense, during the next 12 months.
−Removed: An increase of 100 basis points in the variable rates on the Term Loan B, AR Securitization and the Revolving Credit Facility as of March 31, 2025 would have increased annual cash interest in the aggregate by approximately $1.1 million.
+Added: An increase of 100 basis points in the variable rates on the 2026 Term Loan B as of March 31, 2026 would increase annual cash interest in the aggregate by approximately $5,000,000.
We cannot predict market fluctuations in interest rates and their impact on our debt, nor can there be any assurance that long-term fixed-rate debt will be available at favorable rates, if at all.
1 unchanged sentence
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.