2 unchanged sentences
Interest Rate Risk
−Removed: Our operating results are subject
−Removed: to risk from interest rate fluctuations on the outstanding borrowings under our 2020 Credit Agreement.
−Removed: Our term loan and revolving line
−Removed: of credit both bear interest at variable rates, which exposes us to market risks relating to changes in interest rates.
−Removed: Interest rate
−Removed: risk is highly sensitive due to many factors, including U.S.
+Added: Our operating results are
+Added: subject to risk from interest rate fluctuations on the outstanding borrowings under our 2020 Credit Agreement.
+Added: Our term loan and revolving
+Added: line of credit both bear interest at variable rates, which exposes us to market risks relating to changes in interest rates.
+Added: rate risk is highly sensitive due to many factors, including U.S.
monetary and tax policies, U.S.
−Removed: and international economic factors and other
−Removed: factors beyond our control.
−Removed: As of June 30, 2022, we had $39.7 million of variable rate debt outstanding under our term loan.
−Removed: no borrowings outstanding under our revolving line of credit as of June 30, 2022.
−Removed: An increase of 100 basis points in the effective
−Removed: interest rate on our outstanding debt at June 30, 2022 would result in an increase in interest expense of approximately $0.4 million over
+Added: and international economic factors
+Added: and other factors beyond our control.
+Added: As of September 30, 2022, we had $39.7 million of variable rate debt outstanding under our
+Added: term loan and no borrowings outstanding under our revolving line of credit.
+Added: An increase of 100 basis points in the effective interest
+Added: rate on our outstanding debt at September 30, 2022 would result in an increase in interest expense of approximately $0.4 million over
the next 12 months.
2 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.