Risk Factors Update Summary
- Continued uncertain global economy may negatively impact operations. Sales outside North America were over 50% in 2023.
- Inflationary pressures increased operating costs. Efforts to offset costs through pricing actions ongoing.
- Growth initiatives may require significant resources. Uncertainty in achieving financial success from initiatives.
- Regulatory changes may increase future compliance costs. Significant expenditures required for environmental compliance.
- Supply chain challenges led to raw material shortages. Implemented strategies to minimize disruptions.
- Legal proceedings pose risks. Uncertainties in outcomes could impact financial condition and results.
- Cybersecurity risks present. Previous attacks had no material impact, but future disruptions could.
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.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=915389&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.