| Industries |
|---|
| Health Care Facilities |
| Exposures |
|---|
| Military |
| Express intent |
| Cooperate |
| Intelligence |
| Political reform |
| Material Aid |
| Regime |
| Crime |
| Event Codes |
|---|
| Force |
| Solicit support |
| Endorse |
| Warn |
| Acknowledge responsibility |
| Vote |
| Yield |
| Demand |
| Adjust |
| Sports contest |
| Ask for protection |
| Accident |
| Host meeting |
| Riot |
| Wiki | Wiki Summary |
|---|---|
| Customer relationship management | Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information.CRM systems compile data from a range of different communication channels, including a company's website, telephone, email, live chat, marketing materials and more recently, social media. They allow businesses to learn more about their target audiences and how to best cater for their needs, thus retaining customers and driving sales growth. |
| Financial condition report | In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. Risk assessment in an FCR involves dynamic solvency testing, a type of dynamic financial analysis that simulates management response to risk scenarios, to test whether a company could remain solvent in the face of deteriorating economic conditions or major disasters. |
| Financial ratio | A financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. |
| Federal takeover of Fannie Mae and Freddie Mac | In September 2008 the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance home mortgages in the United States by issuing bonds, had become illiquid as the market for those bonds collapsed in the subprime mortgage crisis. |
| Arithmetic | Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today. |
| Operations research | Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences. |
| Competition | Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. |
| Limited liability company | A limited liability company (LLC) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. |
| The Liability | The Liability (also known as The Hitman's Apprentice) is a 2013 British black comedy crime-thriller film directed by Craig Viveiros and written by John Wrathall. The film stars Tim Roth, Talulah Riley, Jack O'Connell and Peter Mullan. |
| Legal liability | In law, liable means "responsible or answerable in law; legally obligated". Legal liability concerns both civil law and criminal law and can arise from various areas of law, such as contracts, torts, taxes, or fines given by government agencies. |
| Limited liability partnership | A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. |
| Liability (financial accounting) | In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is\nobliged to make to other entities as a result of past transactions or other past events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.\n\n\n== Characteristics ==\nA liability is defined by the following characteristics:\n\nAny type of borrowing from persons or banks for improving a business or personal income that is payable during short or long time;\nA duty or responsibility to others that entails settlement by future transfer or use of assets, provision of services, or other transaction yielding an economic benefit, at a specified or determinable date, on occurrence of a specified event, or on demand;\nA duty or responsibility that obligates the entity to another, leaving it little or no discretion to avoid settlement; and,\nA transaction or event obligating the entity that has already occurredLiabilities in financial accounting need not be legally enforceable; but can be based on equitable obligations or constructive obligations. |
| Statement of Assets, Liabilities, and Net Worth | A Statement of Assets, Liabilities, and Net Worth (SALN) is an annual document that all government workers in the Philippines, whether regular or temporary, must complete and submit attesting under oath to their total assets and liabilities, including businesses and financial interests, that make up their net worth. The assets and liabilities of the official, his or her spouse, and any unmarried children under 18 who are living at home, must be included. |
| Contingent liability | Contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event such as the outcome of a pending lawsuit. These liabilities are not recorded in a company's accounts and shown in the balance sheet when both probable and reasonably estimable as 'contingency' or 'worst case' financial outcome. |
| Bit numbering | In computing, bit numbering is the convention used to identify the bit positions in a binary number.\n\n\n== Bit significance and indexing ==\n\nIn computing, the least significant bit (LSB) is the bit position in a binary integer representing the binary 1s place of the integer. |
| Significant form | Significant form refers to an aesthetic theory developed by English art critic Clive Bell which specified a set of criteria for what qualified as a work of art. |
| The Simpsons | The Simpsons is an American animated sitcom created by Matt Groening for the Fox Broadcasting Company. The series is a satirical depiction of American life, epitomized by the Simpson family, which consists of Homer, Marge, Bart, Lisa, and Maggie. |
| Employees' Old-Age Benefits Institution | The Employees' Old-Age Benefits Institution (EOBI) (Urdu: ادارہِ مراعاتِ معمّر ملازمین) is the pension, old age benefits and social insurance institution of the Government of Pakistan. It operates under the control of Ministry of Overseas Pakistanis and Human Resource Development. |
| Pension regulation in Canada | Within Canadian law, Pension regulation in Canada falls mostly within provincial jurisdiction by virtue of the property and civil rights power under the Constitution Act, 1867. For workers whose employers are subject to federal jurisdiction, such jurisdiction extends to regulating pension plans available to them. |
| Star Tours – The Adventures Continue | Star Tours – The Adventures Continue is an attraction located at Disney's Hollywood Studios, Disneyland, Tokyo Disneyland, and Disneyland Paris. Set in the Star Wars universe, Star Tours – The Adventures Continue takes passengers on a turbulent trip across the galaxy, as droids C-3PO and R2-D2 attempt to safely return a spy to the Rebel Alliance. |
| Liability (song) | "Liability" is a song recorded by New Zealand singer-songwriter Lorde, from her second studio album Melodrama (2017). Lorde co-wrote and co-produced the track with Jack Antonoff. |
| Deferred tax | Deferred tax is a notional asset or liability to reflect corporate income taxation on a basis that is the same or more similar to recognition of profits than the taxation treatment. Deferred tax liabilities can arise as a result of corporate taxation treatment of capital expenditure being more rapid than the accounting depreciation treatment. |
| Off-balance-sheet | Off-balance sheet (OBS), or incognito leverage, usually means an asset or debt or financing activity not on the company's balance sheet. Total return swaps are an example of an off-balance sheet item. |
| Bookkeeping | Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business. |
| Local government | Local government is a generic term for the lowest tiers of public administration within a particular sovereign state. This particular usage of the word government refers specifically to a level of administration that is both geographically-localised and has limited powers. |
| Medical facilities of Seattle | The city of Seattle, Washington, United States is served by numerous respected medical institutions. The University of Washington is consistently ranked among the country's dozen leading institutions in medical research, while Group Health Cooperative was one of the pioneers of managed care in the United States. |
| Alternative minimum tax | The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges.An alternative minimum taxable income (AMTI) is calculated by taking the ordinary income and adding disallowed items and credits such as state and local tax deductions, interest on private-activity municipal bonds, the bargain element of incentive stock options, foreign tax credits, and home equity loan interest deductions. |
| Fremont General Corporation | Fremont General Corporation was a Santa Monica, California based holding company for Fremont Investment & Loan, an industrial bank that was one of the largest subprime mortgage lenders in the country during the early and mid 2000s.\n\n\n== Background ==\nThe company was founded in 1963 and incorporated in 1972 under the name Lemac Corporation. |
| Federal government of the United States | The federal government of the United States (U.S. federal government or U.S. government) is the national government of the United States, a federal republic in North America, composed of 50 states, a city within a federal district (the city of Washington in the District of Columbia, where the entire federal government is based), five major self-governing territories and several island possessions. The federal government is composed of three distinct branches: legislative, executive, and judicial, whose powers are vested by the U.S. Constitution in the Congress, the president and the federal courts, respectively. |
| Government of India | The Government of India (ISO: Bhārat Sarkār) (often abbreviated as GoI; also known as the Central or Union Government), or simply the Centre, is the federal governing authority of the Republic of India created by the Constitution of India as the legislative, executive and judicial authority to govern the union of twenty eight states and eight union territories. The president acts as the head of state and is the highest figure of authority, nominally, of the nation however it is the prime minister who is the chief executive. |
| Supermarine Spitfire | The Supermarine Spitfire is a British single-seat fighter aircraft that was used by the Royal Air Force and other Allied countries before, during, and after World War II. Many variants of the Spitfire were built, using several wing configurations. It was also the only British fighter produced continuously throughout the war. |
| Aggregate planning | Aggregate planning is a marketing activity that does an aggregate plan for the production process, in advance of 6 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of operations of the organization is kept to the minimum over that period.\nThe quantity of outsourcing, subcontracting of items, overtime of labour, numbers to be hired and fired in each period and the amount of inventory to be held in stock and to be backlogged for each period are decided. |
| List of mergers and acquisitions by Meta Platforms | Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. |
| Knowledge acquisition | Knowledge acquisition is the process used to define the rules and ontologies required for a knowledge-based system. The phrase was first used in conjunction with expert systems to describe the initial tasks associated with developing an expert system, namely finding and interviewing domain experts and capturing their knowledge via rules, objects, and frame-based ontologies. |
| Business administration | Business administration (also known as business management) is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising business operations. |
| Risk Factors |
|---|
| LADISH CO INC Item 1A Risk Factors Cyclicality of the Aerospace and Jet Engine Industries Substantially all of our revenues are derived from the aerospace and jet engine industries, which are cyclical in nature and subject to changes based on general economic conditions, airline profitability, passenger ridership and international relations |
| The duration and severity of upturns and downturns in these industries are influenced by a variety of factors, including those set forth herein |
| Accordingly, they cannot be predicted with any certainty |
| Historically, orders for new commercial aircraft and related commercial aerospace components have been driven by the operating profits or losses of commercial airlines |
| Purchases by customers in the military aerospace sector are dependent upon defense budgets |
| Events adversely affecting the aircraft industry, such as cyclical overcapacity and inability to maintain profitable fare structures, would likely have a material adverse effect on our financial condition and results of operations |
| Reduction in Government Spending Since 2002, almost one-third of our revenues have been derived from the government-sponsored aerospace industry, an industry that is dependent upon government budgets and, in particular, the United States government budget |
| There can be no assurance that US defense and space budgets and the related demand for defense and space equipment will continue or that sales of defense and space equipment to foreign governments will continue at present levels |
| Competition The sale of metal components for the aerospace, jet engine and industrial markets is highly competitive |
| Many products we manufacture are readily interchangeable with the products manufactured by our competitors |
| Our principal competitor, Precision Castparts Corp, is a substantially larger business and has greater financial resources |
| Reliance on Major Customers Our three largest customers accounted for approximately 56prca, 52prca and 52prca of our revenues in 2003, 2004 and 2005 |
| Because of the small number of customers for some of our principal products, those customers exercise significant influence over our prices and other terms of trade |
| The loss of any of our largest customers could have a material adverse effect on our financial condition and results of operations |
| Dependence on Key Personnel We have been and continue to be dependent on certain key management personnel |
| Our ability to maintain our competitive position will depend, in part, upon our ability to retain these key managers and to continue to attract and retain highly qualified managerial, manufacturing and sales and marketing personnel |
| There can be no assurance that the loss of key personnel would not have a material adverse effect on our results of operations or that we will be able to recruit and retain such personnel |
| Product Liability Exposure We produce many critical engine and structural parts for commercial and military aircraft and for other specialty applications |
| As a result, we have an inherent risk of exposure to product liability claims |
| We currently maintain product liability insurance, but there can be no assurance that insurance coverage will continue to be available on terms acceptable to us or that such coverage will be adequate for any liabilities that might be incurred |
| 9 _________________________________________________________________ Availability and Price of Raw Materials The largest single component of our cost of goods sold is raw material costs |
| We manufacture products in a wide variety of specialty metals and alloys, some of which can only be purchased from a limited number of suppliers |
| We hold limited quantities of raw materials in inventory but, for the principal part of our business, we seek to procure delivery of raw materials in quantities and at times matching customers’ orders |
| We, along with other entities in the industry, have experienced periods of increased delivery times for nickel-based and titanium alloys and certain stainless steels, which account for a significant portion of our raw materials |
| Significant scarcity of supply of raw materials used by us could have a material adverse effect on our results of operations by affecting both the timing of delivery and the cost of purchasing such materials |
| Many of our products are sold pursuant to long-term agreements with our customers, which currently provide us the right to pass through material cost increases |
| Any inability to obtain such rights in future long-term agreements could have a material adverse effect on our results of operations |
| Labor Contracts Approximately 48prca of our domestic employees are represented by seven collective bargaining units |
| Contracts are typically renegotiated every three years with each union |
| While we do not expect that work stoppages will arise in connection with the renewal of labor agreements expiring in the foreseeable future, no assurance can be given that work stoppages will not occur |
| An extended or widespread work stoppage could have a material adverse effect on our results of operations |
| Pension and Other Postretirement Benefit Obligations Many of our employees are eligible to participate in various Company-sponsored pension plans |
| In addition to pension benefits, we provide health care and life insurance benefits to our eligible employees and retirees |
| The pension benefits have been and will continue to be funded through contributions to pension trusts, while health care and life insurance benefits are paid as incurred |
| We have several pension plans, certain of which are underfunded |
| The aggregate actuarially determined liability recorded for these pension plans on the balance sheet at December 31, 2005 was approximately dlra46 million |
| The actuarially determined liability recorded for postretirement health care and life insurance benefits on the balance sheet at December 31, 2005 was approximately dlra35 million on an actuarial basis and will be paid as incurred |
| Compliance with Environmental and Other Government Regulations Our operations are subject to extensive environmental, health and safety laws and regulations promulgated by federal, state and local governments |
| Many of these laws and regulations provide for substantial fines and criminal sanctions for violations |
| The nature of our business exposes us to risks of liability due to the use and storage of materials that can cause contamination or personal injury if released into the environment |
| In addition, environmental laws may have a significant effect on the nature, scope and cost of cleanup of contamination at operating facilities |
| It is difficult to predict the future development of such laws and regulations or their impact on future earnings and operations, but we anticipate that these standards will continue to require continued capital expenditures |
| There can be no assurance that we will not incur material costs and liabilities in the future relating to environmental matters |
| 10 _________________________________________________________________ Net Operating Loss Carryforwards At December 31, 2005, domestically, we had approximately dlra30dtta0 million of net operating loss (“NOL”) carryforwards for federal income tax purposes, of which approximately dlra6dtta4 million are restricted due to the 1993 change of ownership of Ladish in connection with our financial restructuring through Chapter 11 proceedings and dlra0dtta4 million are restricted due to the 1998 initial public offering of securities |
| To the extent we generate taxable income, these NOL carryforwards will reduce our federal income tax payments in future years and therefore increase our after-tax cash flow |
| Should we fail to generate sufficient taxable income to utilize the NOL carryforwards, we could be forced to establish a valuation reserve for those NOL carryforwards we are not likely to use |
| Risks Related to Significant Price Concessions to Our Customers and Increased Pressure to Reduce Our Costs We are subject to substantial competition in all of the markets we serve, and we expect this competition to continue |
| As a result, we have made significant price concessions to our customers in the aerospace and industrial markets in recent years and we expect customer pressure for price concessions to continue |
| Maintenance of our profitability will depend, in part, on our ability to sustain a cost structure that enables us to be cost-competitive |
| If we are unable to adjust our cost relative to our pricing or if we are unable to continue to compete effectively, our business will suffer |
| Our Business is Affected by Federal Rules, Regulations and Orders Applicable to Government Contractors A number of our products are manufactured and sold under US government contracts or subcontracts |
| Violation of applicable government rules and regulations could result in civil liability, in cancellation or suspension of existing contracts or in ineligibility for future contracts or subcontracts funded in whole or in part with federal funds |
| Risks Associated with International Operations We purchase products from and supply products to businesses located outside of the United States |
| In fiscal 2005, approximately 53prca of our total sales were attributable to non-US customers |
| A number of risks inherent in international business could have a material adverse effect on our future results of operations, including: • currency fluctuations; • general economic and political uncertainties and potential for social unrest in international markets; • limitations on our ability to enforce legal rights and remedies; • changes in trade policies; • tariff regulations; • difficulties in obtaining export and import licenses; and • the risk of government financed competition |
| 11 _________________________________________________________________ Our Business Involves Risks Associated with Complex Manufacturing Processes Our manufacturing processes depend on certain sophisticated and high-value equipment, such as some of our forging presses for which there may be only limited or no production alternative |
| Unexpected failures of this equipment may result in production delays, revenue loss and significant repair costs |
| In addition, equipment failures could result in injuries to our employees |
| Moreover, the competitive nature of our business requires it continuously to implement process changes intended to achieve product improvements and manufacturing efficiencies |
| These process changes may at times result in production delays, quality concerns and increased costs |
| Any disruption of operations at our facilities due to equipment failures or process interruptions could have a material adverse effect on our business |
| Acquisitions We expect that we will continue to make acquisitions of, investments in, and strategic alliances with complementary businesses, products and technologies to enable us to add products and services for our core customer base and for related markets, and to expand our business geographically |
| The success of this acquisition strategy will depend on our ability to: identify suitable businesses to buy; negotiate the purchase of those businesses on terms acceptable to us; complete the acquisitions within our expected time frame; improve the results of operations of the businesses that we buy and successfully integrate their operations into our own; and avoid or overcome any concerns expressed by regulators |
| We may not be able to find appropriate acquisition candidates, acquire those candidates that we do find, obtain necessary permits or integrate acquired businesses effectively and profitably |
| Some of our competitors are also seeking to acquire similar businesses, including competitors that have greater financial resources than we do |
| Increased competition may reduce the number of acquisition targets available to us and may lead to less favorable terms as part of any acquisition, including higher purchase prices |
| If acquisition candidates are unavailable or too costly, we may need to change our business strategy |
| We also cannot be certain that we will have enough capital or be able to raise enough capital on reasonable terms, if at all, to complete the purchases of the businesses that we want to buy |
| Our credit facility limits our ability to make acquisitions |
| Our lender may object to certain purchases or place conditions on them that would limit their benefit to us |
| If we are unsuccessful in implementing our acquisition strategy for the reasons discussed above or otherwise, our financial condition and results of operations could be materially adversely affected |