What changed 10-Q

Item 3. Quantitative and Qualitative Disclosures About Market Risk

2021-08-09 compared with 2021-05-10 · 1 added, 1 removed, 18 unchanged (10% of the section changed)

5 unchanged sentences

We manage our debt portfolio to achieve an overall desired proportion of fixed and floating rate debts and may employ interest rate swaps as a tool from time to time to achieve that position.

As of March 31, 2021, our aggregate floating rate debt’s outstanding principal balance was $90.4 million, or 78.2% of total debt, consisting of long-term debt and revolving line of credit (See Notes 10, 11 and 15).

As of June 30, 2021, our aggregate floating rate debt’s outstanding principal balance was $92.2 million, or 79.6% of total debt, consisting of long-term debt and revolving line of credit (See Notes 9, 10 and 14).

Floating rate debt bore interest rate based on the floating 1-month LIBOR plus the bank spreads.

11 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.