32 unchanged sentences
We depend upon the availability of a distribution infrastructure to deliver our products in a safe and timely manner.
−Removed: Any disruptions in this infrastructure network, whether caused by human error, accidents, deliberate acts of violence, limitations on capacity, repairs and improvements to infrastructure components, earthquakes, storms, or other natural disasters, could adversely affect our ability to meet customer demand.
+Added: Any disruptions in this infrastructure network, whether caused by human error, accidents, armed conflicts, deliberate acts of violence, limitations on capacity, repairs and improvements to infrastructure components, earthquakes, storms, or other natural disasters, could adversely affect our ability to meet customer demand.
• A significant disruption or disaster at one of our production facilities, including those facilities which are sole producers of certain of our products, could result in our inability to meet production requirements and projected customer demand resulting in a negative impact to our profitability and relationships with our customers.
58 unchanged sentences
A significant or protracted information technology system failure may adversely affect our results of operations, financial condition, or cash flows.
−Removed: Furthermore, we are subject both to changing cybersecurity rules and evolving data privacy rules and regulations, such as the European Union's General Data Protection Regulation, in countries, states, and other jurisdictions where we conduct business.
+Added: Furthermore, we are subject to evolving cybersecurity and data privacy rules and regulations, such as the European Union's General Data Protection Regulation, in countries, states, and other jurisdictions where we conduct business.
Any failure to comply with these rules and regulations could result in significant financial penalties and increase our cost of doing business.
6 unchanged sentences
In addition, the damage from a direct attack on our facilities or other assets or facilities or other assets used by us could include loss of life or property damage, and our insurance coverage may not be sufficient to cover all of the damage incurred or securing coverage for these types of events may be prohibitively expensive.
−Removed: • The COVID-19 pandemic has had an impact on our financial results and could have a material adverse effect on our results of operations, financial position, and cash flows in the future.
−Removed: The COVID-19 pandemic has created significant uncertainty and economic disruption.
−Removed: The extent to which it will continue to impact our business, results of operations, financial position, and cash flows is difficult to predict, varies by region, and is dependent upon many factors over which we have no control.
−Removed: These factors include, but are not limited to, the duration and severity of the pandemic;
−Removed: the effectiveness, acceptance, and speed of application of vaccines;
−Removed: government restrictions on businesses and individuals;
−Removed: the impact of the pandemic on our customers’ businesses and the resulting demand for our products;
−Removed: the impact on our suppliers and supply chain network;
−Removed: the impact on U.S.
−Removed: and global economies and the timing and rate of economic recovery;
−Removed: and potential adverse effects on the financial markets.
• We face risks related to our foreign operations that may negatively affect our business.
67 unchanged sentences
Failure to comply with these covenants could result in an event of default.
−Removed: In January 2023, we replaced LIBOR as an interest rate option under our revolving credit facility with the Secured Overnight Financing Rate (SOFR).
−Removed: The use of SOFR in place of LIBOR could result in an increase in the cost of borrowings under the revolving credit facility.
• We are exposed to fluctuations in foreign exchange rates, which may adversely affect our results of operations.
12 unchanged sentences
Acquisition and Investment Risks
−Removed: • We may be unable to consummate a proposed acquisition transaction due to a lack of regulatory approval or the failure of one or more parties to satisfy conditions to close.
−Removed: In addition, we may not be able to realize the expected benefits from future acquisitions or from investments in our infrastructure, or it may take longer to realize those benefits than originally planned.
+Added: • We may be unable to complete a proposed acquisition transaction due to a lack of regulatory approval or the failure of one or more parties to satisfy conditions to close.
+Added: In addition, we may not be able to realize the expected benefits from acquisitions or from investments in our infrastructure, or it may take longer to realize those benefits than originally planned.
The inability to achieve our objectives related to these activities could result in unanticipated expenses and losses.
1 unchanged sentence
Our ability to implement these components of our growth strategy will be limited by our ability to identify appropriate acquisition or joint venture candidates;
−Removed: our ability to consummate proposed transactions, which may be subject to, among other things, regulatory approval or the parties satisfaction of conditions required for closing;
+Added: our ability to complete proposed transactions, which may be subject to, among other things, regulatory approval or the parties' satisfaction of conditions required for closing;
and the availability of financial resources, including cash and borrowing capacity.
When we acquire new businesses or invest in infrastructure improvements (for example, building new plant facilities), we consider the benefits we expect to realize and time frames over which we will realize those benefits.
−Removed: The expenses incurred in completing these types of activities, the time it takes to integrate the activities into our
−Removed: ongoing business, or our failure to realize the expected benefits from the activities in the planned time frames could result in unanticipated expenses and losses.
+Added: The expenses incurred in completing these types of activities, the time it takes to integrate the activities into our ongoing business, or our failure to realize the expected benefits from the activities in the planned time frames could result in unanticipated expenses and losses.
The process of integrating acquired operations into our existing operations may result in unforeseen operating difficulties and may require significant financial resources that would otherwise be available for the ongoing development or expansion of existing operations.
−Removed: UNRESOLVED STAFF COMMENTS
+Added: In addition, our ability to realize the expected benefits from our acquisition of AMPAC is subject to several factors.
+Added: These include our ability to retain key AMPAC personnel, our ability to maintain relationships with suppliers and customers of AMPAC, and our ability to integrate AMPAC into certain information technology systems, operational systems, procedures, or controls without disrupting its operations.
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.