e Laboratories (CLB) - 2023 Q3 - Quarterly Report

During the nine months ended September 30, 2023, we distributed 2,000 shares of common stock upon vesting of stock-based awards. 15 Return to Index Under the Company's Credit Facility, the SOFR plus 2.00% to SOFR plus 3.00% will be applied to outstanding borrowings. See Note 7 - Long-Term Debt, net for additional information. The Company has elected to apply the optional expedient for hedging relationships affected by reference rate reform. Accordingly, no outstanding balance on the Credit Facility with a S ...