5 unchanged sentences
From time to time, we borrow amounts on our Credit Line for working capital and other liquidity needs.
−Removed: Under the Second Amended Credit Agreement, we may elect to pay interest on outstanding borrowings on our Credit Line based on LIBOR or a base rate (based on the prime rate of U.S.
+Added: Under the Second Amended Credit Agreement, we may elect to pay interest on outstanding borrowings on our Credit Line based on the Secured Overnight Financing Rate ("SOFR") or a base rate (based on the prime rate of U.S.
Bank) plus an applicable margin as defined in the Second Amended Credit Agreement.
Accordingly, changes in interest rates would impact our results of operations in future periods.
−Removed: A 100 basis point increase in interest rates would have an approximately $0.7 million annual impact on net income based on our outstanding Credit Line balance at December 31, 2022.
+Added: A 100 basis point increase in interest rates would have an approximate $0.4 million annual impact on net income based on our outstanding Credit Line balance at December 31, 2023.
We cannot make any assurances that we will not need to borrow additional amounts in the future or that funds will be extended to us under comparable terms or at all.
10 unchanged sentences
Dollar relative to the foreign currency.
−Removed: For the Euro, British Pound and Brazilian Real, we are generally a net receiver of the foreign currency
−Removed: and therefore benefit from a weaker U.S.
+Added: For the Euro, British Pound and Brazilian Real, we are generally a net receiver of the foreign currency and therefore benefit from a weaker U.S.
Dollar and are adversely affected by a stronger U.S.
15 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.