Risk Factors Update Summary
- Reduction in owned or leased manufacturing facilities from 74% to 68% and tangible assets from 35% to 24%.
- Increase in restructuring costs from $6.3 million to $13.4 million with annualized cost savings of $6.9 million.
- CEO beneficial ownership change from 21.7% to 22.4% of outstanding Class A common shares.
- Reduction in countries of operation from 15 to 7, impacting distribution and international operations.
- Change in the number of outstanding Class A common shares from 397,505,175 to 396,175,032.
- Change in the number of outstanding Class A common shares beneficially owned by CEO from 381,720,032 to 382,032.
- Increase in the number of outstanding Class A common shares beneficially owned by CEO from 397,505,175 to 396,175,032.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
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