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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2023-12-20 compared with 2022-12-19 · 1 added, 1 removed, 23 unchanged (8% of the section changed)
20 unchanged sentences
We also have variable-rate long-term debt.
−Removed: The weighted average interest rate of this variable-rate debt was 1.74 percent at October 31, 2022 and 0.71 percent at October 31, 2021.
+Added: The weighted average interest rate of this variable-rate debt wa s 6.26 pe rcent at October 31, 2023 and 1.74 percent at October 31, 2022.
A one percent increase in interest rates would have resulted in additional interest expense of approximately $5,530 on the variable rate long-term debt in 2023.
1 unchanged sentence
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.