3 unchanged sentences
We have credit facilities that are subject to the risk of higher interest charges associated with increases in interest rates.
−Removed: As of September 30, 2022, we had $126.2 million of outstanding floating-rate obligations under our credit facilities.
+Added: As of March 31, 2023, we had $142.6 million of outstanding floating-rate obligations under our credit facilities.
These floating-rate obligations expose us to the risk of increased interest expense in the event of increases in short-term interest rates.
−Removed: If floating interest rates increased by 100 basis points, our consolidated interest expense would increase by approximately $1.3 million annually, based on our floating-rate debt obligations and interest rates in effect as of September 30, 2022.
+Added: If floating interest rates increased by 100 basis points, our consolidated interest expense would increase by approximately $1.4 million annually, based on our floating-rate debt obligations and interest rates in effect as of March 31, 2023.
Foreign Currency Exchange Rate Risk
2 unchanged sentences
dollar, which is our reporting currency, or (ii) the functional currency of our subsidiaries, which is not necessarily the U.S.
−Removed: Excluding intercompany balances, our Canadian dollar and Australian dollar functional currency net assets total approximately C$232 million and A$232 million, respectively, at September 30, 2022.
−Removed: We use a sensitivity analysis model to measure the impact of a 10% adverse movement of foreign currency exchange rates against the United States dollar.
+Added: Excluding intercompany balances, our Canadian dollar and Australian dollar functional currency net assets total approximately C$174 million and A$223 million, respectively, at March 31, 2023.
+Added: We use a sensitivity analysis model to measure the impact of a 10% adverse movement of foreign currency exchange rates against the U.S.
A hypothetical 10% adverse change in the value of the Canadian dollar and Australian dollar relative to the U.S.
−Removed: dollar as of September 30, 2022 would result in translation adjustments of approximately $23 million and $23 million, respectively, recorded in other comprehensive loss.
+Added: dollar as of March 31, 2023 would result in translation adjustments of approximately $17 million and $22 million, respectively, recorded in other comprehensive loss.
Although we do not currently have any foreign exchange agreements outstanding, in order to reduce our exposure to fluctuations in currency exchange rates, we may enter into foreign exchange agreements with financial institutions in the future.
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.