2 unchanged sentences
Our operating results are subject to market risk from interest rate fluctuations on our credit facilities, which bear variable interest rates.
−Removed: As of March 30, 2024, our outstanding borr owings included $292.5 million from the senior term loan under the 2023 Credit Agreement.
−Removed: As of March 30, 2024, the interest rate on the senior term loan was 7.43% (See Note 3 to our condensed consolidated financial statements for additional information).
−Removed: Based on the outstanding balance and interest rate of the senior term loan as of March 30, 2024, a hypothetical 10% relative increase or decrease in the interest rate would cause an increase or decrease in interest expense, excluding the capitalization of interest, of approximately $2.2 million over the next 12 months.
+Added: As of June 29, 2024, our outstanding borr owings included $290.6 million from the senior term loan and $90.0 million from the revolving credit facility under the 2023 Credit Agreement.
+Added: As of June 29, 2024, the interest rate on these borrowings was 7.44% (See Note 3 to our condensed consolidated financial statements for additional information).
+Added: Based on the outstanding balance and interest rate of the senior term loan as of June 29, 2024, a hypothetical 10% relative increase or decrease in the interest rate would cause an increase or decrease in interest expense, excluding the capitalization of interest, of approximately $2.8 million over the next 12 months.
We do not use derivative financial instruments for speculative or trading purposes, but this does not preclude our adoption of specific hedging strategies in the future.
5 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.