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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2023-02-17 compared with 2022-02-23 · 2 added, 2 removed, 11 unchanged (27% of the section changed)
10 unchanged sentences
We are exposed to interest rate risk related to our indebtedness.
−Removed: At January 1, 2022, we had $158.8 million outstanding under our Current Credit Agreement.
−Removed: A hypothetical increase in the one-month LIBOR by 1% (100 basis points) would increase our future interest expense by approximately $0.4 million per quarter.
+Added: At December 31, 2022, we had $130.0 million outstanding under our 2022 Credit Agreement.
+Added: A hypothetical increase in the one-month SOFR by 1% (100 basis points) would increase our future interest expense by approximately $0.3 million per quarter.
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.