Risk Factors Update Summary
- Non-cash charge increased from $43 million to $83 million due to a long-standing dispute.
- Decline in costs from economic factors could impact operations and profit.
- Revenue derived from projects increased from $366 million to $442 million.
- Outstanding debt increased from $958 million to $899 million, with $70 million classified as current debt.
- Change in CEO role to Executive Chairman by end of 2024 may impact business.
- Changes in management could adversely affect business and financial results.
- Failure to repay or refinance $500 million in 2017 Senior Notes could affect liquidity.
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=77543&owner=exclude
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