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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2023-12-07 compared with 2022-12-06 · 2 added, 2 removed, 15 unchanged (21% of the section changed)
3 unchanged sentences
Commodity price risks may have an impact on our results of operations due to the fixed price nature of many of our contracts.
−Removed: We are also exposed to interest rate risk with respect to our outstanding debt obligations on our credit facility.
+Added: We are also exposed to interest rate risk with respect to any debt obligations we may incur on our credit facility.
For additional information see “Risk Factors” in Item 1A of this Annual Report on Form 10-K.
9 unchanged sentences
If SOFR were to increase, our interest payment obligations on any then-outstanding borrowings would increase, having a negative effect on our cash flow and financial condition.
−Removed: A one percentage point increase in the interest rate on our long-term debt outstanding under the credit facility of $82.7 million as of September 30, 2022 would cause a $0.8 million pre-tax annual increase in interest expense.
+Added: We had no borrowings outstanding under our revolving credit facility as of September 30, 2023.
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.