26 unchanged sentences
Interest Rate Risk
−Removed: At December 31, 2023, we had $140.0 million of debt outstanding, with a weighted average interest rate of 7.6%.
+Added: As of December 31, 2024, the Company had $190.5 million of debt outstanding, with a weighted average interest rate of 6.8%.
Interest is calculated under the terms of our ABL Facility based on our selection, from time to time, of one of the index rates available to us plus an applicable margin that varies based on certain factors.
12 unchanged sentences
Our consolidated financial statements are expressed in U.S.
−Removed: dollars, but, effective January 1, 2021, a portion of our operations is conducted in a currency other than U.S.
−Removed: The Canadian dollar is the functional currency of the Company’s foreign subsidiary as it is the primary currency within the economic environment in which the subsidiary operates.
+Added: dollars but a portion of our operations is conducted in a currency other than U.S.
+Added: The Canadian dollar and the Australian dollar are the functional currencies of the Company’s foreign subsidiaries as it is the primary currency within the economic environment in which the subsidiaries operate.
Changes in the exchange rate can affect our revenues, earnings, and the carrying value of our assets and liabilities in our consolidated balance sheet, either positively or negatively.
−Removed: Adjustments resulting from the translation of the subsidiary’s financial statements are reported in other comprehensive income (loss).
−Removed: During the years ended December 31, 2023 and 2022, the Company recorded a foreign currency translation gain of $1.3 million and foreign currency translation loss of $7.1 million to comprehensive income (loss), respectively.
+Added: Adjustments resulting from the translation of the subsidiary’s financial statements are reported in other comprehensive (loss) income.
+Added: During the years ended December 31, 2024 and 2023, the Company recorded a foreign currency translation loss of $13.7 million and a foreign currency translation gain of $1.3 million to comprehensive income, respectively.
Financial Statements and Supplementary Data
2 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.