82811--3/15/2006--REGAL_BELOIT

related topics

{condition, economic, financial}

{acquisition, growth, future}

{operation, international, foreign}

{customer, product, revenue}

{cost, regulation, environmental}

{system, service, information}

{regulation, change, law}

{cost, contract, operation}

{operation, natural, condition}

{personnel, key, retain}

{tax, income, asset}

{competitive, industry, competition}

{stock, price, operating}

{financial, litigation, operation}

Our future success depends on our ability to integrate effectively acquired companies and manage our growth. Our dependence on, and the price of, raw materials may adversely affect our profits. In our HVAC motor business, we depend on revenues from several significant customers, and any loss, cancellation or reduction of, or delay in, purchases by these customers may have a material adverse effect on our business. We increasingly manufacture our products outside the United States, which may present additional risks to our business. We operate in highly competitive electric motor, power generation and mechanical motion control markets. Our leverage could adversely affect our financial health and make us vulnerable to adverse economic and industry conditions. Our sales of products incorporated into HVAC systems are seasonal and affected by the weather; mild or cooler weather could have an adverse effect on our operating performance. We may be adversely impacted by an inability to identify and complete acquisitions. We are subject to litigation that may adversely affect our business and results of operations. Goodwill comprises a significant portion of our total assets, and if we determine that goodwill has become impaired in the future, net income in such years may be materially and adversely affected. We may suffer losses as a result of foreign currency fluctuations. We may be adversely affected by environmental, health and safety laws and regulations. Our stock may be subject to significant fluctuations and volatility. The success of the Company is highly dependent on qualified and sufficient staffing. Our failure to attract or retain qualified personnel could lead to a loss of revenue or profitability. The operations and success of the Company can be impacted by natural disasters, terrorism, acts of war, international conflict, political and governmental actions which could harm our business. The Company s operations are highly dependent on information technology infrastructure and failures could significantly affect our business. The Company has numerous pension plans and future legislation or regulations intended to reform the funding and reporting of pension benefit plans could adversely affect our operating results and cash flows, as could changes in market conditions that impact the assumptions we use to measure our liabilities under these plans. The Company is subject to tax laws and regulations in many jurisdictions and the inability to successfully defend claims from taxing authorities related to our current and/or acquired businesses could adversely affect our operating results and financial position.

Full 10-K form ▸

82811--3/15/2006--REGAL_BELOIT_CORP