7 unchanged sentences
Dollar relative to all other major cu rrencies.
−Removed: As of September 28, 2024, in the event of a 10% strengthening of the U.S.
+Added: As of December 28, 2024, in the event of a 10% strengthening of the U.S.
Dollar, the change in fair value of all forward contracts would result in a $5.3 million increase in the fair value of the forward contracts, whereas a 10% weakening of the U.S.
2 unchanged sentences
Our exposure to changes in interest rates is associated with borrowings under our credit facilities, all of which is variable rate debt.
−Removed: Total outstanding debt under our senior unsecured term loan as of September 28, 2024 was $248.4 million with an effective interest rate of 6.7% based on prevailing Term SOFR rates.
+Added: Total outstanding debt under our senior unsecured term loan as of December 28, 2024 was $246.9 million with an effective interest rate of 6.1% based on prevailing Term SOFR rates.
An increase of 100 basis points in Term SOFR rates would result in additional annual interest expense of $0.4 million .
−Removed: As of September 28, 2024 , the notional amount on our two active in terest rate swap agreements to effectively convert borrowings under our 2024 Revised Credit Facilities from a variable rate to a fixed rate were $205.8 million.
+Added: As of December 28, 2024 , the notional amount on our two active in terest rate swap agreements to effectively convert borrowings under our 2024 Revised Credit Facilities from a variable rate to a fixed rate were $205.8 million.
These interest rate swaps are intended to mitigate the exposure to fluctuations in interest rates and qualify for hedge accounting treatment as cash flow hedges.
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.