1314655--3/30/2007--Goodman_Global

related topics

{debt, indebtedness, cash}

{property, intellectual, protect}

{customer, product, revenue}

{regulation, change, law}

{stock, price, operating}

{condition, economic, financial}

{product, liability, claim}

{cost, regulation, environmental}

{investment, property, distribution}

{operation, natural, condition}

{personnel, key, retain}

{stock, price, share}

{product, market, service}

{cost, operation, labor}

Changes in weather patterns and seasonal fluctuations may adversely affect our operating results. Increased competition and technological changes and advances may reduce our market share and our future sales. Significant increases in the cost of raw materials and components have, and may continue to, reduce our operating margins. In addition, a decline in our relationships with key suppliers may have an adverse effect on our business. Our business could be hurt by economic downturns. A decline in our relations with our key distributors may adversely affect our business. Damage or injury caused by our products could result in material liabilities associated with product recalls or reworks. We may incur material costs as a result of product liability or warranty claims that would negatively affect our profitability. Our financial results may be adversely impacted by higher than expected tax rates, exposure to additional income tax liabilities and the adoption of new accounting pronouncements regarding income tax accounting. The cost of complying with laws relating to the protection of the environment and worker safety may be significant. Labor disputes with our employees could interrupt our operations and adversely affect our business. Our business operations could be significantly disrupted if we lose members of our management team. We may be adversely affected by any natural or man-made disruptions to our distribution and manufacturing facilities. If we are unable to access funds generated by our subsidiaries we may not be able to meet our financial obligations. Our substantial indebtedness could adversely affect our financial health and prevent us from fulfilling our obligations under our senior secured credit facilities, fixed rate notes and floating rate notes. To service our indebtedness, we will require a significant amount of cash. Our ability to generate cash depends on many factors beyond our control. A substantial portion of our indebtedness is at a variable rate of interest, which could increase our interest expense in the event interest rates rise. Our business operations could be negatively impacted if we fail to adequately protect our intellectual property rights or if third parties claim that we are in violation of their intellectual property rights. We may lose the right to use the Amana brand name which may have an adverse effect on our business. The requirements of being a public company may strain our resources and distract management. Our equity sponsor controls us and its interests may conflict with or differ from your interests as a shareholder. We are a controlled company within the meaning of the New York Stock Exchange rules and, as a result, will qualify for, and intend to rely on, exemptions from certain corporate governance requirements. Substantial sales of our common stock by funds affiliated with Apollo or the Goodman family trusts could cause our stock price to decline, and issuances by us of our common stock may dilute the ownership interest of our existing stockholders in our company. Certain beneficial owners of our voting securities may be required to file an application with and be investigated by the Florida insurance authorities, and the Florida Office of Insurance Regulation may restrict the ability of a beneficial owner to receive any benefit from our voting securities and may require the divestiture of shares of our voting securities.

Full 10-K form ▸

1314655--3/30/2007--Goodman_Global_Inc