3 unchanged sentences
Our major market risk relates to our secured debt.
−Removed: Our asset-based senior secured revolving credit facility and equipment financing facility are secured by substantially all of our assets.
+Added: Our asset-based senior secured revolving credit facility, line of credit facility and equipment financing facility are secured by substantially all of our assets.
The interest rates applicable to our asset-based senior secured revolving credit facility fluctuate with LIBOR rates.
−Removed: There was outstanding $110.5 million in borrowings under our asset-based senior secured revolving credit facility and $6.1 million outstanding on our equipment financing facilities as of September 30, 2023.
+Added: The interest rates applicable to our asset-based secured line of credit facility fluctuate with Itercambaria de Equilibrio Interest Rate.
+Added: There was outstanding $105.6 million in borrowings under our asset-based senior secured revolving credit facility, $3.9 million outstanding in borrowing under our asset-based secured line of credit facility, and $6.7 million outstanding on our equipment financing facilities as of December 30, 2023,
See “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Capital Resources and Liquidity” and Note 4 – “Long-Term Debt” to the Consolidated Financial Statements for additional information regarding our revolving credit facility and term loans.
4 unchanged sentences
From time to time, we use Mexican peso forward contracts to hedge foreign currency fluctuations for a portion of our Mexican peso denominated expenses.
−Removed: As of September 30, 2023, the Company did not have any outstanding foreign currency forward contracts.
−Removed: For the three months ended September 30, 2023, the Company did not enter into or settle any foreign currency forward contracts.
+Added: There was $3.37 million of foreign currency forward contracts outstanding as of December 30, 2023.
+Added: The fair value of these contracts was $247,000.
+Added: See note 9 - “Derivative Financial Instruments” to the Consolidated Financial Statements for additional information regarding our derivative instruments.
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.