17 unchanged sentences
however, there can be no assurance that such measures will be successful or sufficient to offset the impacts of tariffs or related trade actions.
−Removed: On April 30, 2026, the Company voluntarily submitted a prior disclosure to U.S.
−Removed: Customs and Border Protection (“CBP”) related to potential errors in the methodology used to calculate tariffs on the Company’s imports of steel and steel derivative products between April 29, 2021 and April 29, 2026.
+Added: On May 1, 2026, the Company voluntarily submitted a prior disclosure to U.S.
+Added: Customs and Border Protection related to potential errors in the methodology used to calculate tariffs on the Company’s imports of steel and steel derivative products between April 29, 2021 and April 29, 2026.
The disclosure was made proactively given uncertainty with respect to calculating certain tariffs and with the intent of mitigating potential penalties in the event errors are identified.
−Removed: The Company has paid approximately $18.0 million of Section 232 tariffs.
+Added: The Company has paid approximately $18.0 million of Section 232 tariffs during the 5-year period covered by the prior disclosure.
The Company believes it has a strong legal and factual basis for the method of calculation and the amount of tariffs paid.
−Removed: The Company intends to vigorously defend any allegations of noncompliance;
−Removed: however, the ultimate outcome of this matter is uncertain.
−Removed: In addition, in April 2026, the Company submitted a tariff recovery claim through CBP’s Commercial Accounting Program and Enforcement (“CAPE”) process seeking a refund of tariffs paid pursuant to the International Emergency Economic Powers Act (“IEEPA”).
−Removed: The Company estimates it paid approximately $25.0 million in IEEPA-related tariffs.
−Removed: The amount, timing, and realization of any refund or credit remain uncertain and subject to CBP review.
−Removed: Based on management’s current assessment, no asset or liability related to these two CBP-related matters was recorded in the Company’s consolidated balance sheet as of March 31, 2026.
−Removed: The final resolution of these matters could result in material incremental tariffs, refunds, credits, legal or administrative costs, or customer claims and could materially adversely affect our business, financial condition, results of operations, or cash flows.
+Added: The final resolution of this matter could result in material incremental tariffs, refunds, credits, interest, or legal or administrative costs, and could materially adversely affect our business, financial condition, results of operations, 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.