19 unchanged sentences
A hypothetical 100 basis points movement in interest rates applicable to our cash and cash equivalents outstanding at December 31, 2020 would increase interest income by approximately $4.7 million on an annual basis.
−Removed: No significant decrease in interest income would be expected as our cash balances are earning interest at rates of approximately 2 basis points.
+Added: No significant decrease in interest income would be expected as our cash balances are earning interest at rates of approximately one basis points.
We are subject to foreign currency exchange risk with respect to cash balances maintained in foreign currencies.
4 unchanged sentences
The Company held the following interest rate swaps as of December 31, 2020 (dollar amounts in thousands):
−Removed: Current Notional Amount
−Removed: Designation Date
−Removed: Effective Date
−Removed: Termination Date
−Removed: Fixed Interest Rate
−Removed: Estimated Fair Value
+Added: Hedged Item Notional Amount Designation Date Effective Date Termination Date Fixed Interest Rate Estimated Fair Value
Assets (Liabilities)
−Removed: 3-month USD LIBOR
−Removed: February 6, 2017
−Removed: June 30, 2017
−Removed: June 30, 2020
−Removed: 1-month USD LIBOR
−Removed: February 6, 2017
−Removed: June 30, 2017
−Removed: June 30, 2020
−Removed: 1-month USD LIBOR
−Removed: March 27, 2017
−Removed: December 31, 2017
−Removed: June 30, 2021
−Removed: 1-month USD LIBOR
−Removed: December 13, 2017
−Removed: January 1, 2018
−Removed: December 31, 2022
−Removed: 1-month USD LIBOR
−Removed: December 13, 2017
−Removed: January 1, 2018
−Removed: December 31, 2022
−Removed: 1-month USD LIBOR
−Removed: December 13, 2017
−Removed: June 30, 2024
−Removed: 1-month USD LIBOR
−Removed: December 13, 2017
−Removed: June 30, 2024
−Removed: 1-month USD LIBOR
−Removed: December 13, 2017
−Removed: January 1, 2018
−Removed: December 31, 2024
−Removed: 1-month USD LIBOR
−Removed: October 10, 2018
−Removed: June 30, 2025
−Removed: 1-month USD LIBOR
−Removed: October 10, 2018
−Removed: June 30, 2025
−Removed: 1-month USD LIBOR
−Removed: October 10, 2018
−Removed: June 30, 2025
−Removed: 1-month USD LIBOR
−Removed: December 18, 2018
−Removed: December 30, 2022
−Removed: December 31, 2027
−Removed: 1-month USD LIBOR
−Removed: December 18, 2018
−Removed: December 30, 2022
−Removed: December 31, 2027
+Added: 1-month USD LIBOR 100,000 March 27, 2017 December 31, 2017 June 30, 2021 1.971 % (929)
+Added: 1-month USD LIBOR 150,000 December 13, 2017 January 1, 2018 December 31, 2022 2.201 % (6,152)
+Added: 1-month USD LIBOR 150,000 December 13, 2017 January 1, 2018 December 31, 2022 2.201 % (6,405)
+Added: 1-month USD LIBOR 100,000 December 13, 2017 July 1, 2019 June 30, 2024 2.423 % (7,724)
+Added: 1-month USD LIBOR 50,000 December 13, 2017 July 1, 2019 June 30, 2024 2.423 % (3,778)
+Added: 1-month USD LIBOR 200,000 December 13, 2017 January 1, 2018 December 31, 2024 2.313 % (16,243)
+Added: 1-month USD LIBOR 75,000 October 10, 2018 July 1, 2020 June 30, 2025 3.220 % (9,836)
+Added: 1-month USD LIBOR 75,000 October 10, 2018 July 1, 2020 June 30, 2025 3.199 % (9,826)
+Added: 1-month USD LIBOR 75,000 October 10, 2018 July 1, 2020 June 30, 2025 3.209 % (9,783)
+Added: 1-month USD LIBOR 100,000 December 18, 2018 December 30, 2022 December 31, 2027 2.885 % (10,407)
+Added: 1-month USD LIBOR 100,000 December 18, 2018 December 30, 2022 December 31, 2027 2.867 % (10,431)
+Added: 1-month USD LIBOR 125,000 December 15, 2020 July 31, 2025 December 31, 2027 1.415 % (382)
+Added: 1-month USD LIBOR 50,000 December 15, 2020 July 1, 2025 December 31, 2027 1.404 % (162)
+Added: 1-month USD LIBOR 225,000 December 15, 2020 July 31, 2025 December 31, 2027 1.415 % (846)
+Added: 1-month USD LIBOR 225,000 December 15, 2020 July 31, 2025 December 31, 2027 1.415 % (679)
+Added: 1-month USD LIBOR 75,000 December 15, 2020 July 1, 2025 December 31, 2027 1.404 % (187)
Total interest rate derivatives designated as cash flow hedge 1,875,000 (93,769)
These interest rate swaps were designated as cash flow hedges as of December 31, 2020.
−Removed: The total notional amount of interest rate swaps in effect as of December 31, 2019 was $900 million.
+Added: The total notional amounts related to the Company’s interest rate swaps were $1.9 billion and with $975.0 million effective as of December 31, 2020.
Based on our outstanding borrowings at December 31, 2020, a 100 basis points change in interest rates would have impacted interest expense on the unhedged portion of the debt by $1.1 million on an annualized basis.
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.