Quantitative and Qualitative Disclosures About Market Risk
−Removed: Except for the broad effects of COVID-19 as a result of its negative impact on the global economy and major financial markets, there were no material changes to the disclosures regarding market risks in connection with our interest rate risk exposure and commodity risk exposure.
−Removed: See Item 7A, “Quantitative and Qualitative Disclosures About Market Risk,” of our Annual Report on Form 10-K for the year ended June 30, 2020.
+Added: Except for the broad effects of COVID-19 as a result of its negative impact on the global economy and major financial markets, there were no material changes to the disclosures regarding market risks in connection with our interest rate risk exposure.
+Added: See Item 7A, “Quantitative and Qualitative Disclosures About Market Risk,” of our Annual Report on Form 10-K for the fiscal year ended June 30, 2021.
In addition, see Item 2, “— Management’s Discussion and Analysis of Financial Condition and Results of Operations — Factors Affecting Results of Operations — Impact of COVID-19 on Our Business” of this Quarterly Report on Form 10-Q for discussions of disruptions caused by COVID-19.
6 unchanged sentences
If appropriate, we may seek to reduce such exposure through the use of interest rate swaps or similar instruments.
−Removed: As of March 31, 2021, we had a total of $380 million borrowings outstanding under our credit facilities.
−Removed: The effect of a hypothetical 100 basis point increase in floating interest rates prevailing as of March 31, 2021 and continuing for a full year would increase interest expense by approximately $3.8 million.
+Added: As of September 30, 2021, we had a total of $355 million borrowings outstanding under our credit facilities.
+Added: The effect of a hypothetical 100 basis point increase in floating interest rates prevailing as of September 30, 2021 and continuing for a full year would increase interest expense by approximately $3.6 million.
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.