Quantitative and Qualitative Disclosures About Market Risk.
−Removed: There have been no material changes in information reported since the filing the Form 10 except as follows:
+Added: There have been no material changes in information reported since the filing of the Company's 2022 Form 10-K except as follows:
Foreign Currency Exchange and Other Rate Risks
5 unchanged sentences
Interest Rate Risk
−Removed: Debt - Our interest rate risk relates primarily to our Term Loan B Facility ("Term Loan").
−Removed: The interest rate is set at 300 basis points over the U.S.
−Removed: secured overnight financing rate ("SOFR"), with a 0.50% SOFR floor.
−Removed: Based on our outstanding borrowings at June 30, 2022, a 100 basis points change in interest rates would have impacted interest expense on the Term Loan by $9.5 million on an annualized basis.
−Removed: Refer to Note 10, Long-Term Debt of the Notes to Condensed Consolidated Financial Statements for further information.
+Added: Debt - Our interest rate risk relates primarily to our Term Loan.
+Added: The interest rate is set at 300 basis points over SOFR, with a 0.50% SOFR floor.
+Added: Based on our outstanding borrowings at December 31, 2022, a 100 basis points change in interest
+Added: Dollar amounts are in millions except per share amounts or as otherwise specified.
+Added: rates would have impacted interest expense on the Term Loan by $9.4 million on an annualized basis.
+Added: To the extent we borrow on our revolving credit facility, we will be subject to risks related to changes in SOFR.
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.