8 unchanged sentences
We are subject to interest rate risk in connection with our long-term debt.
−Removed: Our principal interest rate risk relates to borrowings under the New Credit Agreement.
−Removed: To meet our working capital needs, we borrowed periodically on our New Revolving Credit Facility under the New Credit Agreement.
−Removed: As of December 31, 2023, we had outstanding borrowings of $309.3 million face value under our New Term Loan and no borrowings on the New Revolving Credit Facility.
−Removed: The New Term Loan and New Revolving Credit Facility bear interest at variable rates.
−Removed: Interest rate risk associated with our New Credit Agreement is managed through an interest rate swap that was executed on March 10, 2023.
+Added: Our principal interest rate risk relates to borrowings under the Credit Agreement.
+Added: To meet our working capital needs, we borrow periodically on our Revolving Credit Facility under the Credit Agreement.
+Added: As of December 31, 2024, we had outstanding borrowings of $288.1 million face value under our Term Loan and no borrowings on the Revolving Credit Facility.
+Added: The Term Loan and Revolving Credit Facility bear interest at variable rates.
+Added: Interest rate risk associated with our Credit Agreement is managed through an interest rate swap that was executed on March 10, 2023.
The swap has an effective date of May 18, 2023 and a termination date of May 18, 2026.
19 unchanged sentences
This exposes us to the risk of fluctuations in foreign currency exchange rates until the time of payment.
−Removed: Transaction gains and losses associated with purchases made by Canadian subsidiaries that are denominated in currencies other than Canadian dollar are recognized as a component of other expense, net within the consolidated statements of operations.
+Added: Transaction gains and losses associated with purchases made by Canadian subsidiaries that are denominated in currencies other than Canadian dollar are recognized as a component of other expense (income), net within the consolidated statements of operations.
Currently, our largest foreign currency exposure is that with respect to the Australian dollar and the Canadian dollar.
4 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.