911177--6/11/2010--CASELLA_WASTE_SYSTEMS

related topics

{condition, economic, financial}

{cost, regulation, environmental}

{loan, real, estate}

{acquisition, growth, future}

{capital, credit, financial}

{debt, indebtedness, cash}

{tax, income, asset}

{cost, operation, labor}

{competitive, industry, competition}

{provision, law, control}

{product, candidate, development}

{regulation, change, law}

{stock, price, operating}

Our outstanding indebtedness and borrowing costs may restrict our future operations including our ability to make future acquisitions. Current economic conditions have adversely affected our revenues and our operating margin and may impact our efforts to pay our outstanding indebtedness. The waste management industry is undergoing fundamental change as traditional waste streams are increasingly being viewed as renewable resources, which may adversely impact volumes and tipping fees at our landfills. We incur substantial costs to comply with environmental requirements. Failure to comply with these requirements and related litigation arising from an actual or perceived breach of such requirements could also subject us to fines, penalties, judgments and impose limits on our ability to expand. Our results of operations could continue to be affected by changing prices or market requirements for recyclable Our business is geographically concentrated and is therefore subject to regional economic downturns. We may not be able to effectively compete in the highly competitive solid waste services industry. Our results of operations and financial condition may be negatively affected if we inadequately accrue for capping, closure and post-closure costs or by the timing of these costs for our waste disposal facilities. Fluctuations in fuel costs could affect our operating expenses and results. We could be precluded from entering into contracts or obtaining or maintaining permits or certain contracts if we are unable to obtain third party financial assurance to secure our contractual obligations. We may be required to write-off or impair capitalized costs or intangible assets in the future or we may incur restructuring costs or other charges, each of which could harm our earnings. Our revenues and our operating income experience seasonal fluctuations. We may, in the future, attempt to divest or sell certain parts or components of our business to third parties which may result in lower than expected proceeds or losses or we may be unable to identify potential purchasers. We may engage in acquisitions in the future with the goal of complementing or expanding our business, including developing additional disposal capacity. However, we may be unable to complete these transactions and, if executed, these transactions may not improve our business or may pose significant risks and could have a negative effect on our operations. Efforts by labor unions to organize our employees could divert management attention and increase our operating expenses. Our Class B common stock has ten votes per share and is held exclusively by John W. Casella and Douglas R. Casella.

Full 10-K form ▸

911177--6/11/2010--CASELLA_WASTE_SYSTEMS_INC