Item 2.02 Results of Operations and Financial Condition
On
Attached to this Current Report on Form 8-K as Exhibit 99.1 is a copy of the Company's press release in connection with the announcement. The information in this Item 2.02, including Exhibit 99.1, is furnished pursuant to Item 2.02 and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.
Item 2.05 Costs Associated with Exit or Disposal Activities
On
The Company estimates that it will incur a total of approximately
Forward-looking Statements
This Item 2.05 contains "forward-looking statements" made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of 1995 that
are subject to certain risks and uncertainties, as well as assumptions, that
could cause actual results to differ materially from historical results and
those presently anticipated or projected. Statements made using words such as
"may," "will," "should," "expects," "intends," "projects," "plans," "believes,"
"estimates," "targets," "anticipates," and similar expressions are intended to
identify forward-looking statements. Such statements include, but are not
limited to, statements about anticipating timing and expenses for the
restructuring and other statements that are not historical facts. These
statements are based on the Company's current expectations and beliefs and are
subject to a number of risks, uncertainties and assumptions that could cause
actual results to differ materially from those described in the forward-looking
statements. Risks, uncertainties and assumptions that could cause the Company's
actual results to differ materially from those discussed in the forward-looking
statements include, but are not limited to, those described in the "Risk
Factors" section of the Company's most recent Annual Report on Form 10-K filed
with the
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
In response to the current business environment as impacted by COVID-19, the
Company is taking several precautionary measures and adjusting its operational
needs, including a significant reduction of expense. As part of these measures,
effective
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
The following exhibit is being furnished herewith:
99.1 Press Release datedApril 16, 2020 providing an update on business for the fiscal quarter endedMarch 28, 2020 and actions taken to address the effects of the Covid-19 pandemic. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3
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