5 unchanged sentences
Interest Rate Risk
−Removed: Our primary exposure to market risk includes interest rate fluctuations in connection with our senior term facility and revolving credit facility.
−Removed: Our senior term and revolving credit facilities are tied to changes in applicable interest rates, including SOFR, company performance and total borrowings under our revolving credit facility.
−Removed: As of December 31, 2023, we ha d $175.0 million of debt consisting of $77.9 million under our senior term facility and $97.1 m illion under our revolving credit facility.
−Removed: For additional information about our credit facilities see Note 10 .
+Added: Our primary exposure to market risk includes interest rate fluctuations in connection with our Term Facility and ABL Facility.
+Added: Our Term and ABL Facilities are tied to changes in applicable interest rates, including SOFR and total borrowings under our ABL Facility.
+Added: As of December 31, 2024 , we ha d $131.0 million of debt consisting of $35.1 million under our Term Facility and $95.9 m illion under our ABL Facility.
+Added: For additional information about our credit facilities see Note 10 - Long-Term Debt of our Consolidated Financial Statements.
We do not hold any market risk sensitive instruments for trading purposes.
4 unchanged sentences
Foreign Exchange Risk
−Removed: We face market risk to the extent that changes in foreign currency exchange rates affect our foreign assets, liabilities and inventory purchase commitments.
−Removed: We regularly assess these risks and have established policies and business practices that should mitigate a portion of the adverse effect of these and other potential exposures.
+Added: Our business operates internationally, and we are therefore exposed to foreign exchange risk impacts when we transact in a currency other than the USD, our entities functional currency.
+Added: We regularly assess this risk and have established policies and business practices in place that should mitigate a portion of the adverse effect of the exposure if and when it becomes material.
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.