QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
−Removed: Our business is conducted principally in the United States.
+Added: Our business is conducted principally in the U.S.
However, due to the MRC acquisition in 2023, the Company now has more exposure to fluctuations in foreign currencies.
6 unchanged sentences
Our exposure to risk for changes in interest rates relates primarily to borrowings under the Amended Credit Agreement (which includes the Term Loans as well as our Line of Credit), and our investments in short-term financial instruments.
−Removed: As of March 31, 2024, the Company had $16,500 outstanding on the Term Loans and $0 under its Line of Credit.
+Added: As of June 30, 2024, the Company had $15,375 outstanding on the Term Loans and $0 under its Line of Credit.
Investments of our cash balances in both fixed-rate and floating-rate interest-earning instruments carry some interest rate 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.