24 unchanged sentences
adjusted upward for the credit spread adjustment in the Credit Agreement of 0.10% and the loan margin in the Credit Agreement of 1.25% at December 31, 2023.
−Removed: As of December 31, 2022, we had approximately $239.5 million of outstanding borrowings under our credit facilities, of which approximately $139.5 million bears interest at variable rates of interest and $100 million bears interest at fixed
−Removed: rates, after consideration of the interest rate swap agreement entered into in June 2022.
+Added: As of December 31, 2023, we had approximately $156 million of outstanding borrowings under our Credit Agreement, of which approximately $56 million bears interest at variable rates of interest and $100 million bears interest at fixed rates,
+Added: after consideration of the interest rate swap agreement entered into in June 2022.
Additionally, we invest our excess cash in highly liquid short-term investments.
−Removed: Based upon our current level of borrowings under our facilities and our
+Added: Based upon our current level of borrowings under our Credit Agreement and our
excess cash, the effect of a hypothetical, instantaneous and unfavorable change of 100 basis points in the interest rate may have an approximate $0.2 million annualized negative impact on our earnings or cash flows.
6 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.