10 unchanged sentences
A 10% increase or decrease in the exchange rates for the U.S.
−Removed: dollar versus the foreign currencies to which we have exposure, would have impacted our consolidated net sales by approximately 1.7% in the fiscal year 2021, and would have impacted our consolidated net assets by approximately 2.0% at September 30, 2021.
+Added: dollar versus the foreign currencies to which we have exposure would have impacted our consolidated net sales by approximately 1.8% in the fiscal year 2022, and it would have impacted our consolidated net assets by approximately 2.0% at September 30, 2022.
As more fully discussed in Note 12 in the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report, we use, from time to time, foreign exchange forward contracts to mitigate exposure to changes in foreign currency exchange rates.
Interest rate risk
−Removed: We are sensitive to interest rate fluctuations as a result of borrowings under our ABL facility and the variable-rate tranche of our term loan B.
−Removed: At September 30, 2021, there were no borrowings outstanding under the ABL facility and the term loan B had $413.0 million outstanding principal balance under the variable-rate tranche.
+Added: We are sensitive to interest rate fluctuations as a result of borrowings under our ABL facility and term loan B.
+Added: At September 30, 2022, there were $68.5 million in outstanding borrowings under the ABL facility and the term loan B had $407.5 million in outstanding principal balance.
Based on our September 30, 2022, outstanding floating interest rate debt, a 1.0 percentage point interest rate increase would impact interest expense by $4.8 million.
11 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.