What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2023-03-31 compared with 2023-01-31 · 1 added, 1 removed, 20 unchanged (9% of the section changed)

7 unchanged sentences

See Note 10 - Derivative Financial Instruments to the consolidated financial statements in this Annual Report on Form 10-K for additional information.

As of December 31, 2021, our aggregate floating rate debt’s outstanding principal balance without hedging was $126.1 million, or 88.4% of total debt, consisting of long-term debt and revolving line of credit (see Note 10 - Line of Credit and Note 11 - Long-Term Debt to the consolidated financial statements in this Annual Report on Form 10-K).

As of December 31, 2022, our aggregate floating rate debt’s outstanding principal balance without hedging was $164.8 million, or 94.1% of total debt, consisting of long-term debt and revolving line of credit (see Note 11 - Debt to the consolidated financial statements in this Annual Report on Form 10-K).

Our floating rate debt interest is based on the floating 1-month SOFR plus a predetermined credit adjustment rate plus the bank spread.

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.