915840--12/2/2008--BEAZER_HOMES_USA

related topics

{tax, income, asset}

{debt, indebtedness, cash}

{cost, regulation, environmental}

{competitive, industry, competition}

{personnel, key, retain}

We are dependent on the services of certain key employees, and the loss of their services could hurt our business. Our revolving credit facility, bonds and certain other debt impose significant restrictions and obligations on us. Restrictions on our ability to borrow could adversely affect our liquidity. In addition, our substantial indebtedness could adversely affect our financial condition, limit our growth and make it more difficult for us to satisfy our debt obligations. If we are unsuccessful in competing against our homebuilding competitors, our market share could decline or our growth could be impaired and, as a result, our financial results could suffer. We may not be able to utilize all of our deferred tax assets. The tax benefits of our pre-ownership change net operating loss carryforwards and any future recognized built-in losses in our assets will be substantially limited since we recently experienced an ownership change as defined in Section 382 of the Internal Revenue Code. We may incur additional operating expenses due to compliance programs or fines, penalties and remediation costs pertaining to environmental regulations within our markets.

Full 10-K form ▸

915840--12/2/2008--BEAZER_HOMES_USA_INC