8 unchanged sentences
Interest rate risk
−Removed: At September 30, 2021, we had $19.0 million in outstanding borrowings under our credit facility, with a weighted average ending interest rate of 2.93%.
−Removed: Our objectives in managing interest rate risk are to lower our overall borrowing costs and limit interest rate changes on our earnings and cash flows.
−Removed: To achieve this, we closely monitor changes in interest rates, and we utilize cash from operations to reduce our debt position, if warranted.
+Added: At March 31, 2022, we had $27.4 million in outstanding borrowings under our credit facility, with a weighted average ending interest rate of 4.73%.
+Added: Based on the amounts outstanding under our credit facility as of March 31, 2022, a 100 basis-point increase in LIBOR (or an equivalent successor rate) would increase the Company’s annual interest expense by approximately $0.3 million.
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.