23 unchanged sentences
Actual future operating results and residual values associated with our operations could differ significantly from these estimates, which may result in an impairment charge in a future period, resulting in a decrease in net income from operations in the year of the impairment, as well as a decline in our recorded net worth.
−Removed: We recorded goodwill impairment charges in 2019 and could record future impairment charges.
Goodwill totaled $137.9 million at October 31, 2022.
15 unchanged sentences
Allegations of violations of applicable anti-corruption laws, may result in internal, independent, or government investigations, and violations of anti-corruption laws may result in severe criminal or civil sanctions or other liabilities which could have a material adverse effect on our business, consolidated results of operations and financial condition.
−Removed: Our operations within the U.K.
−Removed: may be negatively affected as a result of the U.K.'s exit from the European Union (E.U.), (commonly referred to as Brexit).
−Removed: We have operations located within the U.K., and as such, our business and financial results may be negatively impacted as a result of Brexit, resulting primarily from (a) continued depression in the value of the British Pound Sterling as compared to the United States Dollar;
−Removed: and (b) potential price increases or unavailability of supplies purchased by our U.K.
−Removed: businesses from companies located in the E.U.
−Removed: or elsewhere.
−Removed: If the value of the British Pound Sterling continues to fluctuate as a result of Brexit,
−Removed: unfavorable exchange rate changes may negatively affect the value of our operations and businesses located in the U.K., as translated to our reporting currency, the United States Dollar, in accordance with U.S.
−Removed: GAAP, which may impact the revenue and earnings we report.
−Removed: For more information with respect to Exchange Rate risk applicable to us, please see Part 2 Item 7A.
−Removed: “Market Risk Disclosures,” elsewhere in this Annual Report on Form 10-K.
−Removed: Continued fluctuations in the British Pound Sterling may also result in the imposition of price adjustments by E.U.-based suppliers to our U.K.
−Removed: businesses, as those suppliers seek to compensate for the changes in value of the British Pound Sterling as compared to the European Euro.
Failure to achieve and maintain effective internal controls could have a material adverse effect on our business and on our stock price.
8 unchanged sentences
Company Risks
+Added: Our business, financial condition, and results of operations could be adversely affected by disruptions in the global economy caused by the war in Ukraine.
+Added: and global markets are experiencing volatility and disruption following the escalation of geopolitical tensions and the start of the military conflict between Russia and Ukraine.
+Added: This conflict in Ukraine could lead to market or operational disruptions, including significant volatility in commodity prices, credit and capital markets, as well as supply chain interruptions.
+Added: Russia, Europe’s largest provider of natural gas, has significantly reduced the export of natural gas compared to the same time last year resulting in the increase in natural gas prices and the potential for natural gas shortages.
+Added: In many European countries, including Germany, alternatives to natural gas have limited capacity.
+Added: This has had and may continue to have a negative impact on the energy costs of our European manufacturing facilities and may also negatively impact our customers and their demand for our products.
+Added: If supply chain interruptions or other disruptions result in an increase to the price of raw materials or other commodities, we could experience a negative impact on our operating results, profitability and future cash flows.
Our business will suffer if we are unable to adequately address potential supplier or customer pricing pressures, both with respect to OEMs that have significant pricing leverage over suppliers, and to large suppliers who have significant pricing leverage over their customers.
19 unchanged sentences
Epidemics, pandemics or other disease outbreaks could significantly disrupt our operations or those of our customers or suppliers.
−Removed: If the COVID-19 coronavirus continues to disrupt the worldwide economy, or if similar widespread disease outbreaks occur in the future, our business, financial condition and results of operations could be negatively affected to the extent such event harms the economy or region in which we operate.
+Added: If the COVID-19 coronavirus, or any other epidemic or pandemic, disrupts the worldwide economy, or if similar widespread disease outbreaks occur in the future, our business, financial condition and results of operations could be negatively affected to the extent such event harms the economy or region in which we operate.
Our business could be materially and adversely affected by the occurrence of a widespread health epidemic or pandemic.
−Removed: In particular, any outbreak or resurgence of COVID-19 such as the increased presence and spread of the Omicon variant, Delta variant or any other future variants, or governmental imposition of mandatory or voluntary closures in areas where our manufacturing facilities, suppliers or customers are located, could severely disrupt our operations and result in (a) plant slowdowns or shutdowns, (b) difficulty obtaining necessary supplies, and (c) reduced customer orders and revenues.
−Removed: In addition to this potential direct impact on our facilities and operations, continuing outbreaks of the virus could negatively impact our industry and end markets as a whole, or result in a longer-term economic recession.
+Added: In particular, any outbreak or resurgence of COVID-19 such as the spread of the Omicron variant, Delta variant or any other future variants, or governmental imposition of mandatory or voluntary closures in areas where our manufacturing facilities, suppliers or customers are located, could severely disrupt our operations and result in (a) plant slowdowns or shutdowns, (b) difficulty obtaining necessary supplies, and (c) reduced customer orders and revenues.
+Added: In addition to this potential direct
+Added: impact on our facilities and operations, continuing outbreaks of the virus could negatively impact our industry and end markets as a whole, or result in a longer-term economic recession.
Any of these factors could negatively affect our business, financial condition, cash flows, profitability, and results of operations.
The COVID-19 pandemic has had and may continue to create inefficiencies or interruptions in the supply chain as our suppliers may be forced to close their own plants or prove unable to obtain their own raw materials.
−Removed: If our suppliers are unable to timely meet our supply needs, it could impact our ability to provide our customers with high quality products on a timely basis, which could result in order cancellations, delivery refusals, price concessions, or other negative customer outcomes, any
−Removed: of which could negatively impact our business, revenues, financial condition, results of operations and liquidity.
+Added: If our suppliers are unable to timely meet our supply needs, it could impact our ability to provide our customers with high quality products on a timely basis, which could result in order cancellations, delivery refusals, price concessions, or other negative customer outcomes, any of which could negatively impact our business, revenues, financial condition, results of operations and liquidity.
We could also be forced to pay higher prices for the supplies we purchase, which could negatively impact our results of operations and profitability.
47 unchanged sentences
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.