Insider Buys
This tool is in beta, validation in progress.
Score components and checks ✓/✗ are not accurate for every transaction yet.
Score components and checks ✓/✗ are not accurate for every transaction yet.
Risk Factors Update Summary
- In fiscal 2024, we recorded a $105.9 million non-cash goodwill impairment charge. Future impairments could adversely affect our financial condition and results of operations.
- We have experienced supplier price increases that could negatively affect our business, financial condition, and results of operations. This change might result in increased costs impacting profitability.
- Our five largest customers accounted for approximately 40% of our consolidated net sales in fiscal 2024, with one customer representing 14.6%. Loss of these customers could significantly impact revenue.
- We expect a major automotive center console program to roll off prior to the end of fiscal 2025. This could lead to reduced sales and negatively impact financial results.
- A portion of our workforce is unionized, primarily in Mexico, Malta, and Finland. Prolonged work stoppages could increase costs and disrupt our ability to supply customers.
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=65270&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.