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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2025-02-20 compared with 2024-02-22 · 1 added, 0 removed, 15 unchanged (6% of the section changed)
2 unchanged sentences
Our earnings could be affected by changes in interest rates due to the impact those changes have on our variable rate debt obligations, which represented 27% of our total debt as of December 31, 2024.
+Added: After considering the effect of interest rate hedges, our variable rate debt represents 16% of our total debt as of December 31, 2024.
If interest rates average one percentage point more in fiscal year 2025 than they did during 2024, our interest expense would increase by $9.0 million, after considering the effects of interest rate hedges.
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.