3 unchanged sentences
Interest Rate Risk
−Removed: In conjunction with the Shenandoah acquisition, we entered into new financing arrangements as described in "Note 13 Long-Term Debt" included in Part II, Item 8.
−Removed: “Financial Statements” of this Form 10-K.
−Removed: Borrowings under the revolving credit facility and the Unsecured Term Loan bear interest based on LIBOR plus 1.5% and borrowings under the Secured Term Loan bear interest based on LIBOR plus 0.5%.
−Removed: As such, these debt instruments expose us to market risk for changes in interest rates.
−Removed: There was no outstanding balance under our revolving credit facility as of February 2, 2020, other than standby letters of credit in the amount of $4.3 million.
−Removed: However, as of February 2, 2020, $30.1 million was outstanding under our term loans.
−Removed: A 1% increase in the LIBOR rate would result in an annual increase in interest expense on our term loans of approximately $270,000.
+Added: Borrowings under the revolving credit facility bears interest based on LIBOR plus 1.0%.
+Added: As such, this debt instrument exposes us to market risk for changes in interest rates.
+Added: There was no outstanding balance under our revolving credit facility as of January 31, 2021, other than amounts reserved for standby letters of credit in the amount of $6.3 million.
Raw Materials Price Risk
17 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.