1 unchanged sentence
Interest Rate Sensitivity
−Removed: We had cash and cash equivalents totaling $215.1 million as of March 31, 2021.
+Added: We had cash and cash equivalents totaling $202.4 million as of June 30, 2021.
These amounts are invested primarily in demand deposit accounts and money market funds.
9 unchanged sentences
The Interest Rate Swap Agreement has effectively fixed our interest rate at 4.0%, eliminating a portion of the variable rate and coinciding interest rate risk associated with the Term Loans.
−Removed: As of March 31, 2021, an increase or decrease in interest rates of 100-basis points would not have had a material effect on our operating results or financial condition.
+Added: As of June 30, 2021, an increase or decrease in interest rates of 100-basis points would not have had a material effect on our operating results or financial condition.
As described elsewhere in this Form 10-Q, the Revolving Credit Agreement, as amended, provides for a Facility in the aggregate amount of $75.0 million, which may be increased to up to $125.0 million.
Borrowings under the Facility will generally bear interest at a prime rate plus 1.0% or, at our option, an adjusted LIBOR rate for the interest period in effect for such borrowing plus 1.5%.
−Removed: As of March 31, 2021, we have not made any draws under the Facility.
+Added: As of June 30, 2021, we have not made any draws under the Facility.
To the extent we make draws under the Facility in the future, we may be exposed to increased interest rate risk.
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.