921500--5/29/2008--CONSOLIDATED_GRAPHICS_INC_/TX/

related topics
{cost, operation, labor}
{competitive, industry, competition}
{customer, product, revenue}
{product, market, service}
{system, service, information}
{operation, natural, condition}
{debt, indebtedness, cash}
{personnel, key, retain}
{cost, contract, operation}
{tax, income, asset}
{cost, regulation, environmental}
We may not be able to improve our operating efficiencies rapidly enough to meet market conditions. We may be unable to successfully integrate the operations of acquired businesses and may not achieve the cost savings and increased revenues anticipated as a result of these acquisitions. We may be unable to hire and retain talented employees, including senior management. Costs to provide health care and certain other benefits to our employees may increase. Declines in general economic conditions or acts of war and terrorism may adversely impact our business. The highly competitive market for our services may create adverse pricing pressures. Decline in preference for using or receiving printed materials in lieu of alternative mediums may adversely affect our business. Changes in the laws and regulations to which we are subject may increase our costs. Advances in technology may reduce barriers to entry and may result in increased competition. We rely on our information technology infrastructure and our management information systems for many enterprise-critical functions. If our information systems fail to adequately perform these functions or if we experience an interruption in their operation, our business and results of operations could be adversely affected. We generally do not have long-term customer agreements. We depend on good labor relations. We rely on the ability to borrow cash to make acquisitions, fund capital expenditures and provide working capital to the extent such cash needs exceed our internally generated cash flow. A decline in expected profitability of the Company or individual reporting units of the Company could result in the impairment of assets, including goodwill, other long-lived assets and deferred tax assets.

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