7 unchanged sentences
See Note 10 - Debt to the unaudited condensed consolidated financial statements in this Form 10-Q for additional information.
−Removed: As of September 30, 2022, our aggregate floating rate debt’s outstanding principal balance was $184.2 million, or 94.6% of total debt, consisting of long-term debt and our revolving line of credit.
+Added: As of June 30, 2022, our aggregate floating rate debt’s outstanding principal balance was $174.3 million, or 94.1% of total debt, consisting of long-term debt and our revolving line of credit.
See Note 10 - Debt to the unaudited condensed consolidated financial statements in this Form 10-Q for additional information.
Our floating rate debt interest is based on the floating 1-month SOFR plus a predetermined credit adjustment rate plus the bank spread.
−Removed: The remaining 5.4% of our debt is fixed-rate and floating rate with hedge.
+Added: The remaining 5.9% of our debt is fixed-rate
+Added: and floating rate with hedge.
In a hypothetical scenario, a 1% change in the applicable rate would cause the interest expense on our floating rate debt to change by approximately $1.7 million per year.
9 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.