What changed 10-Q

Item 3. Quantitative and Qualitative Disclosures About Market Risk

2024-10-30 compared with 2024-04-30 · 2 added, 2 removed, 7 unchanged (36% of the section changed)

2 unchanged sentences

The terms of our revolving credit facility require us to pay interest on outstanding borrowings at SOFR plus an applicable margin based on a function of our debt-to-cash flow ratio.

As of March 27, 2024, $51.3 million was outstanding under the revolving credit facility.

We estimate that a hypothetical 100 basis point increase in the current interest rate on the outstanding balance of this variable rate financial instrument as of March 27, 2024 would result in an additional $0.5 million of annual interest expense.

As of September 25, 2024, $25.0 million was outstanding under the revolving credit facility.

We estimate that a hypothetical 100 basis point increase in the current interest rate on the outstanding balance of this variable rate financial instrument as of September 25, 2024 would result in an additional $0.3 million of annual interest expense.

Commodity Price Risk

3 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.