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FORM 10-K
16
Litigation, governmental proceedings, environmental legislation and regulations and employment laws and regulations may affect
our business, financial condition, results of operations and cash flows.
We are, and in the future may become, involved in lawsuits, regulatory inquiries, and governmental and other legal proceedings, arising
out of the ordinary course of our business. The damages sought against us in some of these litigation proceedings may be material and
may adversely affect our business, results of operations, financial condition and cash flows.
Environmental legislation and regulations, like the initiatives to limit greenhouse gas emissions and bills related to climate change, could
adversely impact all industries. While it is uncertain whether these initiatives will become law, additional climate change related mandates
could potentially be forthcoming and these matters, if enacted, could adversely impact our costs, by, among other things, increasing fuel
prices.
Our business is subject to employment laws and regulations, including requirements related to minimum wage. Our success depends,
in part, on our ability to manage operating costs and identify opportunities to reduce costs. Our ability to meet labor needs, while
controlling costs is subject to external factors, such as minimum wage legislation. A violation of or change in employment laws and/or
regulations could hinder our ability to control costs, which could have a material adverse effect on our business, results of operations,
financial condition and cash flows.
Healthcare reform legislation could have a negative impact on our business, financial condition and results of operations.
The enacted Patient Protection and Affordable Care Act, as well as other healthcare reform legislation considered by Congress and state
legislatures, significantly impacts our healthcare cost structure and increases our healthcare-related expenses. We continue to evaluate
potential additional impacts the healthcare reform legislation will have on our business and the steps necessary to mitigate such impact,
including potential further modifications to our current benefit plans, operational changes to minimize the effect of the legislation on our
cost structure and increases to selling prices to mitigate the expected increase in healthcare-related expenses. If we cannot effectively
modify our programs and operations in response to the new legislation, our results of operations, financial condition and cash flows may
be adversely impacted.
Item 1B. Unresolved Staff Comments
None.