5 unchanged sentences
Our outstanding debt bears interest at variable rates and accordingly is sensitive to changes in interest rates.
−Removed: Based upon the balances of the variable rate debt at April 30, 2020 , a hypothetical 1.0% increase or decrease in interest rates could result in approximately $2.2 million of additional pretax charges or credit to our operating results per year.
+Added: Based upon the balances of the variable rate debt at July 31, 2020, a hypothetical 1.0% increase or decrease in interest rates could result in approximately $1.4 million of additional pretax charges or credit to our operating results per year.
This sensitivity is impacted by the amount of borrowings under our credit facilities, and amounts outstanding under finance leases.
3 unchanged sentences
Less than $0.1 million of foreign currency derivatives were included in total assets as of October 31, 2019.
−Removed: There were no corresponding foreign currency derivatives recorded on the Condensed Consolidated Balance Sheet as of April 30, 2020 .
+Added: There were no corresponding foreign currency derivatives recorded on the Condensed Consolidated Balance Sheet as of July 31, 2020.
These foreign currency derivative contracts hedge cross-border intercompany and commercial activity for our insulating glass spacer business.
17 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.