Risk Factors Update Summary
- Sales volume may decrease if offer is too high, risking margin reduction. Adverse impact on results.
- Ten largest customers now account for 80% of revenues, up from 74%.
- Property, plant, and equipment increased to $321.9 million from $319.4 million.
- Intangible assets rose to $135.9 million from $105.6 million, impacting financial condition.
- Long-lived asset impairment charges incurred, affecting financial condition and results of operations.
- Interest rates rose in 2022, impacting cost of borrowing and variable rate debt.
- Oaktree Capital Management L.P. increased voting interest in the company to 20%.
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=351834&owner=exclude
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