Item 3. Legal Proceedings
Item 3. Legal Proceedings
From time to time we are a party to various legal proceedings incidental to the conduct of our business. The results of
legal proceedings are inherently unpredictable and uncertain. We are not presently party to any legal proceedings the
resolution of which we believe would have a material adverse effect on our business, prospects, financial condition,
liquidity, results of operations, cash flows or capital levels.
We periodically reexamine our estimates of probable liabilities and any associated expenses and receivables and make
appropriate adjustments to such estimates based on experience and developments in litigation. As a result, the current
estimates of the potential impact on our business, prospects, financial condition, liquidity, results of operation, cash flows
or capital levels for the proceedings and claims described in the notes to our consolidated financial statements could change
in the future.
47
Table of Contents
Regardless of the outcome, legal proceedings have the potential to have an adverse impact on us because of defense
and settlement costs, diversion of management resources and other factors. See “Item 1A. Risk Factors—Risks Relating to
Government Regulation and Litigation” for more information on the risk of potential legal proceedings and their associated
costs.
Item 4. Mine Safety Disclosures
Not applicable.
48
Table of Contents
Part II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.