Item 3. Quantitative and Qualitative Disclosures About Market Risk
ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.
We maintain an interest rate swap arrangement which is considered a derivative instrument. Our indebtedness as of June 30, 2024 was the outstanding balance of seller notes from our acquisitions
of $4.1 million, and an outstanding balance on our term note related to the Credit Agreement of $142.5 million. The Revolving Facility does not have a balance as of June 30, 2024, and is subject to fluctuating interest rates. A 1% change in the
interest rate would yield no additional interest expense on the facility because of the interest rate swap described above. See Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources for more information .
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