2 unchanged sentences
Our principal market risk relates to the variable interest rate associated with our credit agreement, which consists of a $100.0 million revolving line of credit that bears interest at a variable rate equal to LIBOR or prime, at our election, plus an applicable margin based on our consolidated leverage ratio.
−Removed: As of April 30, 2020, we had $160.0 million of borrowings outstanding under the Revolving Line, which bore interest at 2.95%.
+Added: For more information regarding our financing arrangements, see Note 7 — Notes, Loans Payable, and Financing Arrangements .
+Added: As of April 30, 2021, we did not have any borrowings outstanding on the revolving line.
+Added: Had there been borrowings, they would have borne an interest rate of 1.61%, which is equal to the LIBOR rate plus an applicable margin.
Financial Statements and Supplementary Data
−Removed: Reference is made to the financial statements, the notes thereto, and the report thereon, commencing on page F-1 of this report, which financial statements, notes, and report are incorporated herein by reference.
+Added: Reference is made to our consolidated financial statements, the notes thereto, and the report thereon, commencing on page F-1 of this report, which financial statements, notes, and report are incorporated herein by reference.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
1 unchanged sentence
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.