Acushnet (US:GOLF)2023-03-01 21:10Indebtedness and Interest Rates - The company reported outstanding indebtedness of $566.6 million at variable interest rates as of December 31, 2022, with a sensitivity analysis indicating a potential increase of $5.7 million in annual pre-tax interest expense for a one percentage point increase in interest rates [382]. Foreign Exchange Contracts - The gross U.S. dollar equivalent notional amount of foreign exchange forward contracts outstanding was $246.4 million as of December 31, 2022, with a net settlement asset of $3.6 million, which could decrease by $17.9 million if the U.S. dollar weakened by 10% against all currencies covered [387]. Raw Material and Input Costs - The company experienced increased raw material and input costs due to inflation during the year ended December 31, 2022, compared to the previous year, which could materially impact future financial results if the inflationary environment persists [392].