In addition to the other information set forth in this quarterly report on Form 10-Q, an investor should carefully consider the factors discussed in Part I, “Item 1A.
−Removed: Risk Factors” in the Company’s 2021 Annual Report on Form 10-K.
−Removed: Except as set forth below, there were no material changes to the risk factors previously disclosed under caption "Item 1A.
−Removed: Risk Factors" in our 2021 Annual Report on Form 10-K:
−Removed: The impact of the Russian invasion of Ukraine on the global economy, energy supplies and raw materials is uncertain, but may prove to negatively impact our business and operations.
−Removed: The short and long-term implications of Russia’s invasion of Ukraine are difficult to predict at this time.
−Removed: We continue to monitor any adverse impact that the outbreak of war in Ukraine and the subsequent institution of sanctions against Russia by the United States and several European and Asian countries may have on the global economy in general, on our business and operations and on the businesses and operations of our suppliers and customers.
−Removed: For example, a prolonged conflict may result in increased inflation, escalating energy prices and constrained availability, and thus increasing costs, of raw materials.
−Removed: We will continue to monitor this fluid situation and develop contingency plans as necessary to address any disruptions to our business operations as they develop.
−Removed: To the extent the war in Ukraine may adversely affect our business as discussed above, it may also have the effect of heightening many of the other risks described in "Item 1A.
−Removed: Risk Factors" of our 2021 Annual Report on Form 10-K, such as those relating to data security, supply chain, volatility in prices of materials, and market conditions, any of which could negatively affect our business and financial condition.
−Removed: The risks, as described in our 2021 Annual Report on Form 10-K, as supplemented above, are not the only risks facing the Company.
+Added: Risk Factors” in the Company’s 2021 Annual Report on Form 10-K and Part II, "Item 1A.
+Added: Risk Factors" in the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2022.
+Added: Except as set forth below, there were no material changes to the risk factors previously disclosed under the caption "Item 1A.
+Added: Risk Factors" in Part I of our 2021 Annual Report on Form 10-K and in Part II of our quarterly report on Form 10-Q for the quarter ended March 31, 2022.
+Added: Rising inflation may adversely affect us by increasing costs of raw materials, labor, and other costs beyond what we can recover through price increases.
+Added: Inflation can adversely affect us by increasing the costs of raw materials, labor, and other costs required to operate and grow our business.
+Added: Many of the markets in which we sell our products are experiencing high levels of inflation, which may depress consumer demand for our products and reduce our profitability if we are unable to raise prices enough to keep up with increases in our costs.
+Added: Inflationary pressures have resulted in increases in the cost of certain raw materials, and other supplies necessary for the production of our products, and such increases may continue to impact us in the future and expose us to risks associated with significant levels of cost inflation.
+Added: If we are unable to increase our prices to offset the effects of inflation, our business, operating results, and financial condition could be materially and adversely affected.
+Added: The risks, as described in our 2021 Annual Report on Form 10-K and our quarterly report on Form 10-Q for the quarter ended March 31, 2022, as supplemented above, are not the only risks facing the Company.
Additional risks and uncertainties not currently known to us or that we currently deem immaterial also may materially adversely affect our business, financial condition, operating results, or cash flows.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.