QUANTITATIVE AND QUALITATIVE DISCLOSURE OF MARKET RISKS
−Removed: There have been no significant changes in our exposures to market risk since January 28, 2023, other than factors discussed below.
+Added: There have been no significant changes in our exposures to market risk since February 3, 2024.
Refer to Part II, Item 7A— Quantitative and Qualitative Disclosures about Market Risk in our 2023 Form 10-K for a discussion on our exposures to market risk.
−Removed: 56 | 2023 THIRD QUARTER FORM 10-Q
−Removed: FINANCIAL INFORMATION
Interest Rate Risk
−Removed: As described in our 2022 Form 10-K and as updated in Note 10— Credit Facilities of our consolidated financial statements herein, our Term Loan Credit Agreement bears interest at variable rates and we are exposed to interest rate risk related to our outstanding debt.
+Added: As described in our 2023 Form 10-K and as updated in Note 10— Credit Facilities of our condensed consolidated financial statements herein, our Term Loan Credit Agreement bears interest at variable rates and we are exposed to interest rate risk related to our outstanding debt.
For every 100-basis point change in interest rates, our annual interest expense could change by approximately $24 million.
+Added: FINANCIAL INFORMATION
+Added: 2024 FIRST QUARTER FORM 10-Q | 45
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.