7 unchanged sentences
We use borrowings under the Restated Credit Agreement to finance acquisitions and for general corporate purposes.
−Removed: Borrowings outstanding at variable interest rates under the Restated Credit Agreement as of June 30, 2020, were $75.0 million.
−Removed: Based on our outstanding borrowings under the Restated Credit Agreement of $75.0 million as of June 30, 2020, an increase in market interest rates of 1.0% for 2020 would decrease our 2020 net income and cash flows by $0.4 million.
+Added: Borrowings outstanding at variable interest rates under the Restated Credit Agreement as of September 30, 2020, were $110.0 million.
+Added: Based on our outstanding borrowings under the Restated Credit Agreement of $110.0 million as of September 30, 2020, an increase in market interest rates of 1.0% for 2020 would decrease our 2020 net income and cash flows by $0.3 million.
This amount was determined by calculating the effect of a hypothetical interest rate change on our borrowings floating at market rates, and assumes that the $110.0 million outstanding borrowings under the Restated Credit Agreement is indicative of our future average floating interest rate borrowings for 2020 before considering additional borrowings required for future acquisitions or repayment of outstanding borrowings from proceeds of future equity offerings.
5 unchanged sentences
As discussed elsewhere in this report, the COVID-19 pandemic may negatively impact our business and results of operations.
−Removed: As we cannot predict the duration or scope of COVID-19 there is potential for future negative financial impacts to our results that could be material.
+Added: As we cannot predict the duration or scope of COVID-19 there is potential for future negative financial impact s to our results that could be material .
+Added: Our business and results of operations will be, and our financial condition may be, impacted by COVID-19 pandemic and such impact could be materially adverse .
See “Part II.
−Removed: Risk Factors – Our business and results of operations will be, and our financial condition may be, impacted by COVID-19 pandemic and such impact could be materially adverse” in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, for additional information.
+Added: Risk Factors ” in this Quarterly Report on Form 10-Q for additional information .
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.