4 unchanged sentences
one-month LIBOR plus an applicable margin.
−Removed: Based on an outstanding balance of $170.3 million as of December 31, 2020, a change of 100 basis points in the underlying interest rate would have caused a change in interest expense of $1.7 million.
−Removed: not currently hedge our interest rate exposure.
−Removed: This hypothetical increase does not take into account a corresponding increase to the programs that we may receive from our manufacturers or management’s ability to curtail inventory and related floor
−Removed: plan balances, both of which would reduce the impact of the interest rate increase.
+Added: Based on an outstanding balance of $183.8 million as of March 31, 2021, a change of 100 basis points in the underlying interest rate would have caused a change in interest expense of $1.8 million for the
+Added: fiscal period.
+Added: We do not currently hedge our interest rate exposure.
+Added: This hypothetical increase does not take into account a corresponding increase to the programs that we may receive from our manufacturers or management’s ability to curtail
+Added: inventory and related floor plan balances, both of which would reduce the impact of the interest rate increase.
Our Refinanced Credit Facility exposes us to risks caused by fluctuations in interest rates.
1 unchanged sentence
0.75% floor) plus an applicable margin.
−Removed: Based on an outstanding balance of $80.0 million and the one-month LIBOR as of December 31, 2020, an increase of 100 basis points in the underlying interest rate would have caused a change in interest expense
−Removed: of approximately $0.3 million.
+Added: Based on an outstanding balance of $108.6 million and the one-month LIBOR as of March 31, 2021, an increase of 100 basis points in the underlying interest rate would have caused a change in interest expense
+Added: of approximately $0.4 million for the fiscal period.
A basis points reduction in the underlying interest rate would not have caused a change in interest expense.
3 unchanged sentences
Although we purchase our inventories in U.S.
−Removed: dollars, our business is subject to foreign exchange rate risk
−Removed: that may influence manufacturers’ ability to provide their products at competitive prices in the United States.
−Removed: To the extent that we cannot recapture this volatility in prices charged to customers or if this volatility negatively impacts consumer
−Removed: demand for our products, this volatility could adversely affect our future operating results.
+Added: dollars, our business is subject to foreign exchange rate
+Added: risk that may influence manufacturers’ ability to provide their products at competitive prices in the United States.
+Added: To the extent that we cannot recapture this volatility in prices charged to customers or if this volatility negatively impacts
+Added: consumer demand for our products, this volatility could adversely affect our future operating results.
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.