−Removed: In addition to the other information set forth in this Form 10-Q, you should carefully consider the factors discussed in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the fiscal year ended December 31, 2019 , filed with the SEC on March 11, 2020 .
−Removed: With the exception of the following, there have been no material changes in reported risk factors from the information reported in our Annual Report on Form 10-K for the fiscal year ended December 31, 2019.
−Removed: The COVID-19 outbreak could adversely impact our results of operations.
−Removed: The impact of the COVID-19 outbreak and the spread of the novel coronavirus on a global basis is likely to adversely affect our business in a number of respects, although the extent, nature and timing of such impact cannot be predicted at this time.
−Removed: The COVID-19 outbreak has led countries around the world, as well as most states in the U.S., to implement restrictions relating to the operation of almost all types of businesses.
−Removed: The closure standards vary from jurisdiction to jurisdiction, but they typically require all but “critical”, “essential” or “life-sustaining” businesses to close all offices and facilities.
−Removed: We believe, based on the various standards published to date, that our businesses meet the requisite standard to remain open, at least partially, in all jurisdictions in which we operate, although there is no assurance that our decision to remain open will not be challenged.
−Removed: As of the date of this filing, all of our manufacturing and other facilities are operating, although some of them are operating at reduced capacity as a result of enacting procedures designed to prevent the spread of the virus, such as social distancing, reduced personnel and staggered shifts.
−Removed: Changing standards regarding what type of facilities are permitted to remain open, as well as evolving interpretations of existing standards, in both the United States and around the globe, could result in the closure of some or all of our facilities.
−Removed: In addition, while the government of India has allowed us to partially reopen our Indian manufacturing facility effective as of May 4, 2020, prior to that date such manufacturing facility, where a material portion of our force sensor products and components are made, had been open with a significantly reduced workforce in light of the business closure requirements and social distancing best practices.
−Removed: We also expect the operating results of our Force Sensors and Weighing and Control Systems segments in at least the second quarter of 2020 to be negatively impacted, potentially significantly, by the partial closure of our India force sensor manufacturing facility during March, April and a portion of May 2020 and softer demand across the majority of our Weighing and Control Systems markets due to the impact of COVID-19 on key end-markets, such as transportation and industrial weighing.
−Removed: In particular, and assuming a full reopening of our India force sensor manufacturing facility on May 17, 2020, which is the current date that the Indianan government has given for a full reopening, we expect revenues from our Force Sensors segment to be reduced by $5 million to $7 million and operating profit to be impacted by $3.5 million in the second quarter of 2020.
−Removed: If the operations restrictions on our Indian facility are not lifted on May 17, 2020 as we expect, we anticipate an additional negative impact on our results of operation.
−Removed: To date, our supply chain has not experienced significant disruptions, and at this time we do not anticipate any such significant disruptions in the near term.
−Removed: However, our suppliers could be required by government authorities to temporarily cease operations in accordance with the various restrictions discussed above, might be limited in their production capacity due to complying with restrictions relating to the operation of businesses during the COVID-19 pandemic, or could suffer their own supply chain disruptions, impacting their ability to continue to supply us with the quantity of materials required by us.
−Removed: If as a result of the COVID-19 outbreak governments take additional protective actions, or extend the time period for existing protective actions, it may have a material adverse impact on our business and operating results.
−Removed: This could include closures of our facilities or the closure of the facilities of our customers, suppliers, or other vendors in our supply chain.
−Removed: Any disruption of our supply chain or the businesses of our customers could adversely impact our business and results of operations.
−Removed: In addition, the widespread public health crisis caused by the COVID-19 outbreak has adversely impacted the economies and financial markets worldwide, resulting in an economic downturn that has adversely impacted many businesses, including ours.
−Removed: The extent and duration of the impact on the global economy and financial markets from the COVID-19 is difficult to predict, and the extent to which the COVID-19 will negatively affect us and the duration of any potential business disruption is uncertain.
−Removed: The impact to our business and results of operation will depend to a large extent on future developments and new information that may emerge regarding the duration and severity of the COVID-19 outbreak and the actions taken by authorities and other entities to contain the COVID-19 or treat its impact, and the impact of such actions, all of which are beyond our control.
−Removed: These potential impacts, while uncertain, could adversely affect our operating results.
+Added: In addition to the other information set forth in this Form 10-Q, you should carefully consider the factors discussed in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the SEC on March 11, 2020, and our Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2020, filed with the SEC on May 5, 2020.
+Added: There have been no material changes in reported risk factors from the information reported in our Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2020.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
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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.