4 unchanged sentences
The notional amount in the floating-to-fixed interest rate swap is $16.2 million at the end of fiscal year 2022.
−Removed: The remaining outstanding balance of our term loan is subject to interest rate fluctuations.
+Added: The remaining outstanding balance of our secured term loan is subject to interest rate fluctuations.
+Added: As interest rates rise due to inflation-related pressures in the economy, we expect to continue to use interest rate swaps to mitigate our cash risk of rising rates.
The Company has determined that a 1.0% increase to the LIBOR rate would incrementally impact our interest expense by approximately $0.3 million per year.
As of September 30, 2022, the interest rate was 5.02%.
−Removed: FINANCIAL STATEMENTS AND SUPPLEMENTAL DATA
−Removed: See attached Consolidated Financial Statements beginning on page F-1 attached to this Report on Form 10-K.
−Removed: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
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.