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 SOFR rates.
−Removed: There was outstanding $115.4 million in borrowings under our asset-based senior secured revolving credit facility and $9.9 million outstanding on our equipment financing facil ities as of July 1, 2023.
+Added: The interest rates applicable to our asset-based secured line of credit facility fluctuate with Iterbancaria de Equilibrio Interest Rate.
+Added: There was outstanding $107.1 million in borrowings under our asset-based senior secured revolving credit facility, MXN99 million ($5.4 million USD) outstanding in borrowing under our line of credit, and $8.0 million outstanding on our equipment financing facilities as of June 29, 2024.
See “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Capital Resources and Liquidity” in this Annual Report on Form 10-K and Note 4 “Long-Term Debt” of the “Notes to Consolidated Financial Statements” for additional information regarding our revolving credit facility and term loans.
2 unchanged sentences
As a result, transactions occur in currencies other than the U.S.
−Removed: Exchange rate fluctuations among other currencies used by us directly and indirectly affect our financial results.
−Removed: We may use Mexican peso forward contracts to hedge future foreign currency fluctuations for a portion of our Mexican peso denominated expenses.
−Removed: There were no foreign currency forward contracts outstanding as of July 1, 2023.
−Removed: For additional information regarding our derivative instruments, please refer to Note 10 “Derivative Financial Instruments” of the “Notes to Consolidated Financial Statements.”
+Added: Exchange rate fluctuations among other currencies used by us would directly or indirectly affect our financial results.
+Added: From time to time, we use Mexican Peso forward contracts to hedge foreign currency fluctuations for a portion of our Mexican Peso denominated expenses.
+Added: There was $12.5 million of foreign currency forward contracts outstanding as of June 29, 2024.
+Added: See Note 9 - “Derivative Financial Instruments” to the Notes to 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.