6 unchanged sentences
We manage these risks through normal operating and financing activities.
−Removed: During the fiscal quarter ended March 28, 2026, there have been no material changes to the information included under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations— Quantitative and Qualitative Disclosures about Market Risk” in our Annual Report.
+Added: During the two fiscal quarters ended June 27, 2026, there have been no material changes to the information included under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations— Quantitative and Qualitative Disclosures about Market Risk” in our Annual Report.
Interest Rate Risk
1 unchanged sentence
The 2023 Interest Rate Swap had an effective date of May 18, 2023 and a termination date of May 18, 2026.
−Removed: Under the terms of the
−Removed: 2023 Interest Rate Swap, we fixed our SOFR borrowing rate on a notional amount of $161.0 million.
+Added: Under the terms of the 2023 Interest Rate Swap, we fixed our SOFR borrowing rate on a notional amount of $161.0 million.
The 2023 Interest Rate Swap was not designated as a hedging instrument for accounting purposes.
4 unchanged sentences
The 2025 Interest Rate Swap is not designated as a hedging instrument for accounting purposes.
−Removed: An increase or decrease of 1% in the effective interest rate, giving effect related to interest rate swaps, as of March 28, 2026, would cause an increase or decrease to annual interest expense, net of approximately $1.4 million.
+Added: An increase or decrease of 1% in the effective interest rate, giving effect related to interest rate swaps, as of June 27, 2026, would cause an increase or decrease to annual interest expense, net of approximately $1.2 million.
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.