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| related topics |
| {product, liability, claim} |
| {cost, regulation, environmental} |
| {customer, product, revenue} |
| {operation, international, foreign} |
| {cost, operation, labor} |
| {condition, economic, financial} |
| {interest, director, officer} |
| {operation, natural, condition} |
| {gas, price, oil} |
|
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The Company depends on its ability to continue to obtain federal government dredging contracts, and is therefore greatly impacted by the amount of government funding for dredging projects. A reduction in government funding for dredging contracts can materially reduce the Company s revenues and profits.
The Company has a significant amount of indebtedness, which makes the Company more vulnerable to adverse economic and competitive conditions.
If the Company is unable, in the future, to obtain bonding for its dredging contracts, the Company s ability to obtain future dredging contracts would be limited, thereby adversely affecting the Company s business.
The Company s business is subject to significant operating risks and hazards that could result in damage or destruction to persons or property, which could result in losses or liabilities to the Company.
The Company is subject to risks related to its international operations.
The amount of the Company s estimated backlog is subject to change and not necessarily indicative of future revenues.
The Company s profitability is subject to inherent risks because of the fixed-price nature of most of its contracts.
The Company s business could suffer in the event of a work stoppage by the Company s unionized labor force.
Environmental regulations could force the Company to incur significant capital and operational costs.
The Company s demolition business depends on key customer relationships and reputation in the Boston contraction market developed and maintained by its key operations manager. Loss of any of these elements would materially reduce the Company s demolition revenues and profits.
Full 10-K form ▸
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