4 unchanged sentences
Interest Rate Risk
−Removed: 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 January 31, 2024, a hypothetical 1.0% increase or decrease in interest rates could result in approximately $0.1 million of additional pretax charges or credit to our net income per year.
+Added: Ou r debt bears interest at variable rates and accordingly is sensitive to changes in interest rates.
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 January 31, 2024 or October 31, 2023.
+Added: There were no corresponding foreign currency derivatives as of April 30, 2024 or October 31, 2023.
+Added: On May 2, 2024, we entered into a deal contingent foreign exchange forward currency contracts to manage our exposure to foreign currency exchange rate fluctuations against the USD and GBP for approximately $605 million of the $1.1 billion purchase consideration for the proposed Tyman Acquisition.
+Added: These forward contracts expire if the Tyman Acquisition terminates or does not close by March 18, 2025.
Commodity Price Risk
15 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.