Item 2.05 Costs Associated with Exit or Disposal Activities.
On
The Company also expects to incur a total of approximately
The Company may incur other charges or cash expenditures not currently contemplated due to unanticipated events that may occur as a result of or in connection with the implementation of the restructuring plan. The Company intends to exclude the charges associated with the restructuring plan from its non-GAAP financial measures.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the
meaning of the federal securities laws. All statements other than statements of
historical facts contained in this Current Report on Form 8-K are
forward-looking statements. In many cases, you can identify forward-looking
statements by terms such as "may," "should," "expects," "plans," "anticipates,"
"could," "intends," "target," "projects," "contemplates," "believes,"
"estimates," "predicts," "potential" or "continue" or the negative of these
terms or other similar words. Forward-looking statements may involve known and
unknown risks, uncertainties and other factors that may cause the Company's
actual results, performance or achievements to be materially different from
those expressed or implied by the forward-looking statements. These statements
include, but are not limited to, the size and scope of the restructuring plan;
the number of employee positions that will be affected; the estimate and timing
of the charges that we expect to incur in connection with the plan; and the
impact on the Company's financial results. Except as required by law, the
Company assumes no obligation to update these forward-looking statements
publicly, or to update the reasons actual results could differ materially from
those anticipated in the forward-looking statements, even if new information
becomes available in the future. Further information on factors that could cause
the Company's actual results to differ materially from the results anticipated
by the Company's forward-looking statements is included in the reports the
Company has filed with the
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