5 unchanged sentences
We do not enter into such derivative instruments for speculative or trading purposes.
−Removed: At June 30, 2025, we had a total of $1.45 billion of variable rate debt outstanding.
−Removed: Holding other factors constant and absent the interest rate swap agreements described above, a hypothetical 1% change in our borrowing rates would result in a $14.5 million change in our annual interest expense based on our variable rate debt outstanding at June 30, 2025.
−Removed: The notional amount of the Company’s outstanding interest rate swap contract at June 30, 2025 was $300.0 million.
−Removed: The maturity date of this swap is June 30, 2027, and the fair value of the outstanding swap contract was $9.4 million as of June 30, 2025.
+Added: At December 31, 2025, we had a total of $1.76 billion of variable rate debt outstanding.
+Added: Holding other factors constant and absent the interest rate swap agreements described above, a hypothetical 1% change in our borrowing rates would result in a $17.6 million change in our annual interest expense based on our variable rate debt outstanding at December 31, 2025.
+Added: The notional amount of the Company’s outstanding interest rate swap contract at December 31, 2025 was $300.0 million.
+Added: The maturity date of this swap is June 30, 2027, and the fair value of the outstanding swap contract was $6.4 million as of December 31, 2025.
See also Note 15 - Investment in Derivative Instruments and Note 16 - Fair Value Measurements to the unaudited consolidated financial statements included elsewhere in this report.
−Removed: The following table presents the future principal payment obligations, interest payments, and fair values associated with the Company’s debt instruments assuming the Company’s actual level of variable rate debt as of June 30, 2025 (unaudited, in thousands).
+Added: The following table presents the future principal payment obligations, interest payments, and fair values associated with the Company’s debt instruments assuming the Company’s actual level of variable rate debt as of December 31, 2025 (unaudited, in thousands).
For the Fiscal Year Ending September 30, Fair
4 unchanged sentences
$ 80,681 $ 105,545 $ 103,223 $ 100,902 $87,037 $ 63,906
−Removed: (1) Represents projected interest payments using the Company’s June 2025 weighted average SOFR-based floating rate of 6.65% per annum.
+Added: (1) Represents projected interest payments using the Company’s December 2025 weighted average SOFR-based floating rate of 6.16% per annum.
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.