6 unchanged sentences
Interest rate changes could increase the amount of our interest payments and thus negatively impact our future earnings and cash flows.
−Removed: As of December 31, 2023, there was availability of $350.0 million on the 2022 Revolving Facility.
+Added: December 31, 2024, there was availability of $750.0 million on the 2022 Revolving Facility.
Any increase in the interest rate under the 2022 Revolving Facility may have a negative impact on our future earnings to the extent we have outstanding borrowings under the 2022 Revolving Facility.
−Removed: We had used interest rate swaps to reduce the variability in cash flows associated with a portion of our forecasted interest payments on its variable rate debt.
−Removed: We voluntarily terminated our interest rate swap contracts on December 2, 2022.
Foreign Currency Risk
1 unchanged sentence
Intercompany transactions between entities that use different functional currencies also expose us to foreign currency risk.
−Removed: During the years ended December 31, 2023, 2022 and 2021, the net impact of foreign currency changes on transactions was a loss of less than $0.1 million, $0.3 million and $0.3 million, respectively.
+Added: During the years ended December 31, 2024, 2023 and 2022, the net impact of foreign currency changes on transactions was a loss of $0.7 million, $0.1 million and $0.3 million, respectively.
From time to time, we enter into foreign currency forward contracts primarily to reduce the effects of fluctuating foreign currency exchange rates.
5 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.