| Industries |
|---|
| Asset Management and Custody Banks |
| Construction and Engineering |
| Construction Materials |
| Construction and Farm Machinery and Heavy Trucks |
| Health Care Distribution and Services |
| Exposures |
|---|
| Military |
| Express intent |
| Provide |
| Intelligence |
| Regime |
| Cooperate |
| Political reform |
| Event Codes |
|---|
| Solicit support |
| Accident |
| Host meeting |
| Yield to order |
| Acknowledge responsibility |
| Offer peace proposal |
| Warn |
| Pessimistic comment |
| Demand |
| Sports contest |
| Vote |
| Reward |
| Force |
| Adjust |
| Wiki | Wiki Summary |
|---|---|
| Emergency operations center | An emergency operations center (EOC) is a central command and control facility responsible for carrying out the principles of emergency preparedness and emergency management, or disaster management functions at a strategic level during an emergency, and ensuring the continuity of operation of a company, political subdivision or other organization.\nAn EOC is responsible for strategic direction and operational decisions and does not normally directly control field assets, instead leaving tactical decisions to lower commands. |
| Surgery | Surgery is a medical or dental specialty that uses operative manual and instrumental techniques on a person to investigate or treat a pathological condition such as a disease or injury, to help improve bodily function, appearance, or to repair unwanted ruptured areas.\nThe act of performing surgery may be called a surgical procedure, operation, or simply "surgery". |
| Additional Mathematics | Additional Mathematics is a qualification in mathematics, commonly taken by students in high-school (or GCSE exam takers in the United Kingdom). It is applied to a range of problems set out in a different format and wider content to the standard Mathematics at the same level. |
| Superintendent of police (India) | Superintendent of police or SP is a senior rank in Indian Police Service or IPS. Superintendent of Police in Hindi means पुलिस अधीक्षक. They have one Star and one Ashoka emblem on their shoulders and below IPS is written. |
| Measurement uncertainty | In metrology, measurement uncertainty is the expression of the statistical dispersion of the values attributed to a measured quantity. All measurements are subject to uncertainty and a measurement result is complete only when it is accompanied by a statement of the associated uncertainty, such as the standard deviation. |
| Uncertainty quantification | Uncertainty quantification (UQ) is the science of quantitative characterization and reduction of uncertainties in both computational and real world applications. It tries to determine how likely certain outcomes are if some aspects of the system are not exactly known. |
| Knightian uncertainty | In economics, Knightian uncertainty is a lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk (e.g., that in statistical noise or a parameter's confidence interval). The concept acknowledges some fundamental degree of ignorance, a limit to knowledge, and an essential unpredictability of future events. |
| North American F-86 Sabre | The North American F-86 Sabre, sometimes called the Sabrejet, is a transonic jet fighter aircraft. Produced by North American Aviation, the Sabre is best known as the United States' first swept-wing fighter that could counter the swept-wing Soviet MiG-15 in high-speed dogfights in the skies of the Korean War (1950–1953), fighting some of the earliest jet-to-jet battles in history. |
| North American T-6 Texan | The North American Aviation T-6 Texan is an American single-engined advanced trainer aircraft used to train pilots of the United States Army Air Forces (USAAF), United States Navy, Royal Air Force, Royal Canadian Air Force and other air forces of the British Commonwealth during World War II and into the 1970s. Designed by North American Aviation, the T-6 is known by a variety of designations depending on the model and operating air force. |
| Timeline of architectural styles | This timeline shows the periods of various architectural styles in a graphical fashion. |
| Architectural Digest | Architectural Digest is an American monthly magazine founded in 1920. Its principal subjects are interior design and landscaping, rather than pure external architecture. |
| Pricing strategies | A business can use a variety of pricing strategies when selling a product or service. To determine the most effective pricing strategy for a company, senior executives need to first identify the company's pricing position, pricing segment, pricing capability and their competitive pricing reaction strategy. |
| Third-party logistics | Third-party logistics (abbreviated as 3PL, or TPL) in logistics and supply chain management is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services.\nThird-party logistics providers typically specialize in integrated operations of warehousing and transportation services that can be scaled and customized to customers' needs, based on market conditions, to meet the demands and delivery service requirements for their products. |
| Profitability index | Profitability index (PI), also known as profit investment ratio (PIR) and value investment ratio (VIR), is the ratio of payoff to investment of a proposed project. It is a useful tool for ranking projects because it allows you to quantify the amount of value created per unit of investment. |
| Customer Profitability Analysis | Customer Profitability Analysis (in short CPA) is a management accounting and a credit underwriting method, allowing businesses and lenders to determine the profitability of each customer or segments of customers, by attributing profits and costs to each customer separately. CPA can be applied at the individual customer level (more time consuming, but providing a better understanding of business situation) or at the level of customer aggregates / groups (e.g. |
| Grasshopper Manufacture | Grasshopper Manufacture Inc. (株式会社グラスホッパー・マニファクチュア, Kabushiki Gaisha Gurasuhoppā Manifakuchua) is a Japanese video game developer founded on March 30, 1998 by Goichi Suda. |
| Gobelins Manufactory | The Gobelins Manufactory (French: Manufacture des Gobelins) is a historic tapestry factory in Paris, France. It is located at 42 avenue des Gobelins, near Les Gobelins métro station in the 13th arrondissement of Paris. |
| Computer-aided manufacturing | Computer-aided manufacturing (CAM) also known as computer-aided modeling or computer-aided machining is the use of software to control machine tools in the manufacturing of work pieces. This is not the only definition for CAM, but it is the most common; CAM may also refer to the use of a computer to assist in all operations of a manufacturing plant, including planning, management, transportation and storage. |
| Pontiac Fiero | The Pontiac Fiero is a mid-engine sports car manufactured and marketed by Pontiac for model years 1984-1988. Designed by George Milidrag and Hulki Aldikacti as a sports car, it was the first two-seater Pontiac since the 1926 to 1938 coupes, and the first mass-produced mid-engine sports car by an American manufacturer. |
| Fungible Inc. | Fungible Inc. is a technology company headquartered in Santa Clara, California. |
| Significant Mother | Significant Mother is an American television sitcom created by Erin Cardillo and Richard Keith. Starring Josh Zuckerman, Nathaniel Buzolic and Krista Allen, it premiered on The CW network on August 3 and ended its run on October 5, 2015. |
| Rental utilization | Utilization is the primary method by which tool rental companies measure asset performance. In its most basic form it measures the actual revenue earned by assets against the potential revenue they could have earned. |
| Capacity building | Capacity building (or capacity development, capacity strengthening) is the improvement in an individual's or organization's facility (or capability) "to produce, perform or deploy". The terms capacity building and capacity development have often been used interchangeably, although a publication by OECD-DAC stated in 2006 that capacity development was the preferable term. |
| Amazon (company) | Amazon.com, Inc. ( AM-ə-zon) is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. |
| Frugivore | A frugivore is an animal that thrives mostly on raw fruits or succulent fruit-like produce of plants such as roots, shoots, nuts and seeds. Approximately 20% of mammalian herbivores eat fruit. |
| Tornado climatology | Tornadoes have been recorded on all continents except Antarctica and are most common in the middle latitudes where conditions are often favorable for convective storm development. The United States has the most tornadoes of any country, as well as the strongest and most violent tornadoes. |
| Consumer confidence index | A consumer confidence index (CCI) is an economic indicator published by various organizations in several countries. \nIn simple terms, increased consumer confidence indicates economic growth in which consumers are spending money, indicating higher consumption. |
| Drinking water quality in the United States | Drinking water quality in the United States is generally safe. In 2016, over 90 percent of the nation's community water systems were in compliance with all published U.S. Environmental Protection Agency (EPA) standards. |
| Video game crash of 1983 | The video game crash of 1983 (known as the Atari shock in Japan) was a large-scale recession in the video game industry that occurred from 1983 to 1985, primarily in the United States. The crash was attributed to several factors, including market saturation in the number of game consoles and available games, many of which were of poor quality, as well as waning interest in console games in favor of personal computers. |
| University of Michigan Consumer Sentiment Index | The University of Michigan Consumer Sentiment Index is a consumer confidence index published monthly by the University of Michigan. The index is normalized to have a value of 100 in the first quarter of 1966. |
| Indian consumer confidence index | Consumer confidence is a key driver of economic growth and is widely considered a leading economic indicator of household spending on consumption. Consumers tend to increase consumption when they feel confident about the current and future economic situation of the country and their own financial conditions. |
| Gentex (automotive manufacturer) | Gentex Corporation (Nasdaq: GNTX) is an American company that develops, designs and manufactures automatic-dimming rear-view mirrors, camera-based driver assistance systems, HomeLink Wireless Control System and advanced technological equipment for the global automotive industry. The company also produces commercial smoke detectors and signaling devices for the North American fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. |
| Greg Moore (racing driver) | Gregory William Moore (April 22, 1975 – October 31, 1999) was a Canadian race car driver who competed in the Indy Lights and Championship Auto Racing Teams (CART) series from 1993 to 1999. He began competitive karting at the age of ten and achieved early success, before progressing to open-wheel car racing in the Canadian Formula Ford Championship in 1991. |
| High-level programming language | In computer science, a high-level programming language is a programming language with strong abstraction from the details of the computer. In contrast to low-level programming languages, it may use natural language elements, be easier to use, or may automate (or even hide entirely) significant areas of computing systems (e.g. |
| High- and low-level | High-level and low-level, as technical terms, are used to classify, describe and point to specific goals of a systematic operation; and are applied in a wide range of contexts, such as, for instance, in domains as widely varied as computer science and business administration.\nHigh-level describe those operations that are more abstract in nature; wherein the overall goals and systemic features are typically more concerned with the wider, macro system as a whole. |
| High-Level Shader Language | The High-Level Shader Language or High-Level Shading Language (HLSL) is a proprietary shading language developed by Microsoft for the Direct3D 9 API to augment the shader assembly language, and went on to become the required shading language for the unified shader model of Direct3D 10 and higher.\nHLSL is analogous to the GLSL shading language used with the OpenGL standard. |
| Revenue stream | A revenue stream is a source of revenue of a company or organization.\nIn business, a revenue stream is generally made up of either recurring revenue, transaction-based revenue, project revenue, or service revenue. |
| List of Swiss companies by revenue | Switzerland has a large economy and highly skilled labor force. Fifteen Swiss companies are included on Fortune's "Global 500" list (in 2011). |
| Risk Factors |
|---|
| Any of the risks discussed below, or elsewhere in the Form 10-K or our other filings with the Securities and Exchange Commission, could have a material impact on our business, financial condition or results of operations |
| Additional risks and uncertainties not presently known to us or that we currently believe to be immaterial may also impair our business operations |
| 9 ______________________________________________________________________ [36]Table of Contents Operational Risks Architectural Products and Services (Architectural) The Architectural segment designs, engineers, fabricates, installs, maintains and renovates the walls of glass and windows comprising the outside skin of commercial and institutional buildings |
| This segment has tended to follow the cyclical nature of the North American commercial construction industry and has traditionally outperformed its respective markets |
| There can be no assurance the trends experienced by the segment will continue |
| The Architectural segments markets are very competitive |
| The markets that this segment serves are very competitive, price and lead-time sensitive and are impacted by changes in the North American commercial construction industry, including unforeseen delays in project timing and work flow |
| It competes with several large integrated glass manufacturers, numerous specialty, architectural glass and window fabricators, and major contractors and subcontractors |
| Many of the Company’s competitors have greater financial or other resources than the Company |
| Product capabilities, quality, pricing, warranty, service and product lead-times are the primary competitive factors in this market |
| Changes in our competitor’s products, prices or services could negatively impact our ability to increase revenues, maintain our margins and increase our market share |
| Economic conditions and the cyclical nature of the North American commercial construction industry could have a major impact on the profitability of this segment |
| Given that there has traditionally been a lag between the general world-wide economy and the commercial construction industry and an additional approximate nine-month lag as it relates to our products and services, economic conditions may adversely impact the markets we serve |
| The Architectural segment results could be adversely impacted by product quality and performance |
| We manufacture or install products based on specific requirements of each of our customers |
| We believe that future orders of our products or services will depend on our ability to maintain the performance, reliability and quality standards required by our customers |
| If our products or services have performance, reliability or quality problems, we may experience delays in the collection of accounts receivables, higher manufacturing or installation costs, additional warranty and service expense, and reduced, cancelled or discontinued orders |
| Additionally, performance, reliability or quality claims from our customers, with or without merit, could result in costly and time-consuming litigation that could require significant time and attention of management and involve significant monetary damages |
| The Architectural results could be adversely impacted by capacity utilization and facility ramp-ups |
| The Architectural segment’s near-term growth depends, to a significant degree, on its ability to fully utilize its capacity at its production facilities, especially as we begin to increase our capacity for our glass coating business with the construction of the glass fabrication facility in St |
| George, Utah, which is expected to become operational during the first quarter of fiscal 2008 |
| The failure to have sufficient capacity or to utilize capacity fully when needed, or to successfully integrate and manage additional capacity in the future, could adversely affect our relationships with customers, cause customers to buy similar products from our competitors if we are unable to meet their needs, causing us to operate at less profitable levels |
| Large-Scale Optical Technologies (LSO) The LSO segment develops and produces applications that enhance the visual performance of products for picture framing, display and imaging industries |
| The revenue and profitability of this segment have been inconsistent from year to year, with considerable focus put on developing the high-end mix of products sold to our customers |
| There can be no assurance that the revenue and profitability patterns experienced by the segment will not change in the near future or that the current trend to value-added products will continue |
| The LSO segment is highly dependent on United States consumer confidence and the US economy |
| These markets are highly dependent on consumer confidence and the conditions of the US economy |
| We have been able to partially offset economic slowdowns in the recent past with new products, wider distribution and an increase in the mix of higher value-added picture framing products |
| If consumer confidence declines as a result of an economic slowdown or uncertainty in the future, our use of these strategies may not be as successful in the future, resulting in a decrease in revenues and operating income |
| The LSO segment is highly dependent on a relatively small number of customers for our sales |
| We continue to expect to derive a significant portion of our net sales from this small number of customers |
| Accordingly, loss of a significant customer or a significant shift in mix for one of those customers could materially reduce LSO revenues and operating results in any one year |
| 10 ______________________________________________________________________ [37]Table of Contents Automotive Replacement Glass and Services (Auto Glass) This segment fabricates automotive aftermarket replacement glass and OEM and aftermarket recreational vehicle and bus windows |
| The Auto Glass segment’s successful transition to new markets is uncertain |
| From fiscal 2001 through the second quarter of fiscal 2006, the Company’s windshield manufacturing facility sold nearly all of its capacity to PPG based on certain supply agreements |
| These agreements between the Company and PPG terminated in fiscal 2006, and PPG announced its intentions to reduce its purchases from our business unit |
| Although the Company has identified opportunities to replace this lost demand, there are no assurances that our autoglass manufacturing company will be able to sell products at the same level or at acceptable prices as it did with PPG The Auto Glass segment may continue to experience changes in market dynamics impacting results |
| This market’s pricing structure has changed significantly in recent years due to several aspects |
| The primary factors are that insurance companies are seeking volume pricing at discounted rates from historical levels and that the market has experienced overcapacity in recent years with the influx of foreign-produced windshields |
| Additionally, the market has been impacted by the influx of repair services |
| Consequently, revenues have declined dramatically and margins have narrowed at the retail, wholesale and manufacturing levels |
| There can be no assurance that the Company will be able to increase market share or improve or maintain its margins, whether through improved pricing conditions or cost savings |
| The Company’s US automotive replacement glass distribution joint venture continues to experience difficult market conditions |
| During fiscal 2001, the Company and PPG combined their US automotive glass replacement distribution businesses into a newly formed entity, PPG Auto Glass, of which the Company maintains a 34 percent ownership interest |
| Over the past three fiscal years, the autoglass market has experienced significant reductions in prices as a result of a high level of imports |
| The joint venture has lost market share and has had to reduce prices dramatically, while costs have not declined proportionately |
| The joint venture outlined new strategies to gain back market share and reduce costs and was able to execute against those strategies in fiscal 2006, which resulted in significantly better earnings |
| However, there are no assurances PPG Auto Glass will be able to maintain its market share or be able to continue to improve or maintain margins |
| Financial Risks Our quarterly and annual revenue and operating results are volatile and difficult to predict |
| Our revenue and operating results may fall below the expectations of securities analysts, company-provided guidance or investors in future periods |
| Our annual revenue and operating results may vary depending on a number of factors, including, but not limited to: fluctuating customer demand, delay or timing of shipments, construction delays, changes in product mix or market acceptance of new products; manufacturing or operational difficulties that may arise due to quality control, capacity utilization of our production equipment or staffing requirements; and competition, including the introduction of new products by competitors, adoption of competitive technologies by our customers and competitive pressures on prices of our products and services |
| Our failure to meet revenue and operating result expectations would likely adversely affect the market price of our common stock |
| Self-Insurance and Product Liability Risk We retain a high level of uninsured risk; a material claim could impact our financial results |
| We obtain substantial amounts of commercial insurance for potential losses for general liability, employment practice, workers’ compensation and automobile liability risk |
| Due to changes in the cost and availability of insurance in fiscal 2003, we accepted a material increase in our risk retention from our third-party product liability and general liability coverages |
| Therefore, a material product liability event, such as a material rework event, could have a material adverse effect on our operating results |
| Environmental Regulation Risks We are subject to potential environmental, remediation and compliance risks that could adversely affect our earnings |
| We use hazardous chemicals in producing products at two facilities (one in our Architectural segment and one in our LSO segment) |
| As a result, we are subject to a variety of local, state and federal governmental regulations relating to storage, discharge, handling, emission, generation and disposal of toxic or other hazardous substances used to manufacture our products, compliance with which is expensive |
| Our failure to comply with current or future regulations could result in the imposition of substantial fines on us, suspension of production, alteration of our manufacturing processes or increased costs |
| 11 ______________________________________________________________________ [38]Table of Contents Discontinued Curtainwall Operations The risks and uncertainties associated with discontinued operations could adversely impact the Company |
| During fiscal 1998, the Company made the strategic decision to close or exit its European and Asian international curtainwall operations in order to focus more selectively on higher-margin domestic curtainwall business |
| The Company maintains risks associated with closing the domestic and international operations from performance bonds it established with its customers and remaining warranty coverages that exist on completed projects |
| In addition, the Company faces related risks and uncertainties, including the inability to effectively manage restructured business units and the inability to effectively manage costs or difficulties related to the operation of the businesses or execution of restructuring or exit activities |