5 unchanged sentences
Ou r 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, 2023, a hypothetical 1.0% increase or decrease in interest rates could result in approximately $0.8 million of additional pretax charges or credit to our net income per year.
+Added: Based upon the balances of the variable rate debt at July 31, 2023, a hypothetical 1.0% increase or decrease in interest rates could result in approximately $0.6 million of additional pretax charges or credit to our net income per year.
This sensitivity is impacted by the amount of borrowin gs under our credit facilities, and amounts outstanding under finance leases.
2 unchanged sentences
From time to time, we enter into foreign exchange contracts associated with our operations to manage a portion of the foreign currency rate risk.
−Removed: There were no corresponding foreign currency derivatives as of April 30, 2023 or October 31, 2022.
+Added: There were no corresponding foreign currency derivatives as of July 31, 2023 or October 31, 2022.
These foreign currency derivative contracts hedge cross-border intercompany and commercial activity for our insulating glass spacer business.
18 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.