3 unchanged sentences
We assess interest rate sensitivity to estimate the potential effect of rising short-term interest rates on our variable-rate debt.
−Removed: If short-term interest rates were 50 basis points higher during 2023 on our variable-rate debt, our results would reflect an increase of $2.2 million to Interest expense, net of interest income, for the three months ended March 31, 2023.
+Added: If short-term interest rates were 50 basis points higher during 2023 on our variable-rate debt, our results would reflect an incremental $5.0 million of interest expense for the six months ended June 30, 2023.
Foreign Exchange
The following outlines the significant functional currencies of our revenue, highlighting where exposure to movements in foreign exchange impact our operations in international markets.
−Removed: Three Months Ended March 31,
+Added: Six Months Ended June 30,
British pound 8 % 8 %
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.