Nautilus 2009 Annual Report Download - page 12

Table of Contents
Liability Act (also known as Superfund). We are also subject to the requirements of the Consumer Product Safety Commission and the Federal
Trade Commission, in addition to regulations concerning employee health and safety matters.
Our operations expose us to claims related to environmental matters. Although compliance with federal, state, local and international
environmental legislation has not had a material adverse effect on our financial condition or results of operations in the past, there can be no
assurance that material costs or liabilities will not be incurred in connection with such environmental matters in the future.
AVAILABLE INFORMATION
Our common stock is listed on the New York Stock Exchange and trades under the symbol “NLS.” Our principal executive offices are located at
16400 SE Nautilus Drive, Vancouver, Washington 98683, and our telephone number is [phone]. The Internet address of our corporate
website is http://www.nautilus.com.
We file annual reports, quarterly reports, current reports, proxy statements and other information with the Securities and Exchange Commission
(the “SEC”) under the Securities Exchange Act of 1934, as amended. You can inspect and obtain a copy of our reports, proxy statements and
other information filed with the SEC at the offices of the SEC’s Public Reference Room at 100 F Street N.E., Washington, D.C. 20549. Please
call the SEC at 1-800-SEC-0330 for further information on the Public Reference Room. The SEC maintains an Internet site at
http://www.sec.gov where you can access copies of most of our SEC filings.
We make our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports,
available free of charge on our website. In addition, our code of business conduct and ethics, corporate governance policies, and the charters of
our Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee are also available on our corporate
website. The information found on our website is not part of this Form 10-K.
Item 1A. Risk Factors
Special Note Regarding Forward
-Looking Statements
This Form 10-K, including Item 1 of Part I and Item 7 of Part II, contains forward-looking statements. Forward-looking statements include any
statements related to our expectations regarding future performance or conditions, including any statements regarding anticipated sales growth
across markets, distribution channels, and product categories, expenses and gross margins, expense as a percentage of revenue, anticipated
earnings, new product introductions, manufacturing plans and activities, future capital expenditures, our turnaround plan, financing and working
capital requirements and resources. These forward-looking statements, and others we make from time to time, are subject to a number of risks
and uncertainties. Many factors could cause actual results to differ materially from those projected in forward-looking statements, including the
risks described herein. We do not undertake any duty to update forward-looking statements after the date they are made or to conform them to
actual results or to changes in circumstances or expectations.
A continued decline in consumer spending likely would negatively affect our product revenues and earnings.
Success of each of our products depends substantially on the amount of discretionary funds available to our consumers. Global credit and
financial markets have experienced extreme disruptions in the recent past, including severely diminished liquidity and credit availability,
declines in consumer confidence, declines in economic growth, increases in unemployment rates and uncertainty about economic stability. There
can be no assurance that there will not be further deterioration in these conditions. A continued decline in general economic conditions could
further depress consumer spending, especially spending for discretionary consumer products such as ours. Higher interest rates could increase
monthly payments for consumer products financed through one
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