15 unchanged sentences
While these interest rate swap agreements fixed a portion of the interest rate at a predictable level, interest expense would have been $3.1 million lower and equivalent without these swaps during the year ended January 2, 2022.
−Removed: Including the effect of the interest rate swap agreement, the weighted average interest rate was 4.4% and 5.7%, respectively, as of January 3, 2021 and December 29, 2019.
+Added: Including the effect of the interest rate swap agreement, the weighted average interest rate was 3.5% and 4.4%, respectively, as of January 2, 2022 and January 3, 2021.
A 1% increase in the LIBOR rate would have resulted in an additional $5.1 million of interest expense during the fiscal year 2021.
2 unchanged sentences
We experienced no material credit losses during the fiscal years of 2021 or 2020.
−Removed: During the combined year ended January 3, 2021 and the year ended December 29, 2019, net bad deb t expense was $0.7 million and $0.2 million, respectiv ely.
−Removed: Our reserve for potential future bad debt was $0.2 million as of January 3, 2021 and $1.4 million as of December 29, 2019.
+Added: During the year ended January 2, 2022 and the combined year ended January 3, 2021, net bad deb t expense was $0.4 million and $0.2 million, respectively.
+Added: Our reserve for potential future bad debt was $1.4 million as of January 2, 2022 and $0.2 million as of January 3, 2021.
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.