Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Unexpected delays in preparing financial statements due to evaluating a possible change in accounting treatment for legal expenses related to its captive insurance subsidiary and the potential need for a restatement of financial statements for up to the previous four years.
• Evaluation of legal expenses related to claims not covered by the insurance captive dating back to January 1, 2006.

Mitigation Strategies

• The company expects to file its Annual Report on Form 10K no later than March 31, 2011.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Restatement of previously issued financial statements for fiscal years 2012-2014 and quarters in those years, and for quarters ended March 31 and June 30, 2015.
• Termination of Chief Financial Officer and appointment of an Interim CFO.
• Forensic accounting investigation of financial records for five years beginning January 1, 2011, and the first quarter of 2016.

Mitigation Strategies

• Internal accounting staff working on restatements with assistance from a Big Four accounting firm.
• Independent forensic accounting investigation underway.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Independent registered public accounting firm unable to complete review of financial statements due to an independent investigation of certain matters relating to its workers’ compensation reserves for the quarter ended June 30, 2014.

Supply Chain Management

Climate-Related Risks & Opportunities