7 unchanged sentences
To manage interest rate risk, we have used, and may in the future use, interest rate swap agreements.
−Removed: At June 30, 2025, we had $118.9 million of principal outstanding under the Term Loan Facility without regard to capitalized debt issuance costs.
+Added: At September 30, 2025, we had $119.8 million of principal outstanding under the Term Loan Facility without regard to capitalized debt issuance costs.
A one-percent increase in one-month SOFR would have resulted in a net increase in interest expense of $1.2 million on an annualized basis.
−Removed: At June 30, 2025, based on the Alternative Base Rate, the interest rate on outstanding borrowings under the ABL Facility was 8.00%.
+Added: During the nine months ended September 30, 2025, based on the Alternative Base Rate, the average interest rate on outstanding borrowings under the ABL Facility was 6.13% .
Foreign Currency Risk
3 unchanged sentences
Various strategies to manage this risk are available to management, including producing and selling in local currencies and hedging programs.
−Removed: We did not hold a position in any foreign currency derivatives as of June 30, 2025.
+Added: We did not hold a position in any foreign currency derivatives as of September 30, 2025.
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.