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Wiki Wiki Summary
Expectation damages Expectation damages are damages recoverable from a breach of contract by the non-breaching party. An award of expectation damages protects the injured party's interest in realising the value of the expectancy that was created by the promise of the other party.
Reincarnation Incarnation literally means embodied in flesh or taking on flesh. It refers to the conception and the embodiment of a deity or spirit in some earthly form.
Heat-affected zone In fusion welding, the heat-affected zone (HAZ) is the area of base material, either a metal or a thermoplastic, which is not melted but has had its microstructure and properties altered by welding or heat intensive cutting operations. The heat from the welding process and subsequent re-cooling causes this change from the weld interface to the termination of the sensitizing temperature in the base metal.
Construction engineering Construction engineering is a professional discipline that deals with the designing, planning, construction and management of infrastructures such as roads, tunnels, bridges, airports, railroads, facilities, buildings, dams, utilities and other projects.\nCivil engineering is a related field that deals more with the practical aspects of projects.
Pulmonary consolidation A pulmonary consolidation is a region of normally compressible lung tissue that has filled with liquid instead of air. The condition is marked by induration (swelling or hardening of normally soft tissue) of a normally aerated lung.
Real prices and ideal prices The distinction between real prices and ideal prices is a distinction between actual prices paid for products, services, assets and labour (the net amount of money that actually changes hands), and computed prices which are not actually charged or paid in market trade, although they may facilitate trade. The difference is between actual prices paid, and information about possible, potential or likely prices, or "average" price levels.
Indigenous materials in the Philippines Indigenous materials are materials that are naturally and locally found in a specific place such as timbers, canes,grass , palms, and rattan. Other indigenous raw materials in the country that are commonly known and used creatively in crafts and decoration are capiz, pearls, corals, and seashells, being an archipelago naturally abundant in beaches and marine resources.
United States Marine Corps The United States Marine Corps (USMC), also referred to as the United States Marines, is the maritime land force service branch of the United States Armed Forces responsible for conducting expeditionary and amphibious operations through combined arms, implementing its own infantry, artillery, aerial, and special operations forces. The U.S. Marine Corps is one of the eight uniformed services of the United States.
Filmmaking Filmmaking (film production) is the process by which a motion picture is produced. Filmmaking involves a number of complex and discrete stages, starting with an initial story, idea, or commission.
Computably inseparable In computability theory, two disjoint sets of natural numbers are called computably inseparable or recursively inseparable if they cannot be "separated" with a computable set. These sets arise in the study of computability theory itself, particularly in relation to Π01 classes.
Adverse (film) Adverse is a 2020 American crime thriller film written and directed by Brian Metcalf and starring Thomas Nicholas, Lou Diamond Phillips, Sean Astin, Kelly Arjen, Penelope Ann Miller, and Mickey Rourke. It premiered at the Fantasporto Film Festival, Portugal's largest film festival, on February 28, 2020.
Leadership Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group or organization to "lead", influence or guide other individuals, teams, or entire organizations. The word "leadership" often gets viewed as a contested term.
List of natural disasters in Pakistan The following is a list of natural disasters that have affected Pakistan.
Strategic alliance A strategic alliance (also see strategic partnership) is an agreement between two or more parties to pursue a set of agreed upon objectives needed while remaining independent organizations.\nThe alliance is a cooperation or collaboration which aims for a synergy where each partner hopes that the benefits from the alliance will be greater than those from individual efforts.
Mitigating factor In criminal law, a mitigating factor, also known as an extenuating circumstance, is any information or evidence presented to the court regarding the defendant or the circumstances of the crime that might result in reduced charges or a lesser sentence. Unlike a legal defense, the presentation of mitigating factors will not result in the acquittal of a defendant.
Carbon offset A carbon offset is a reduction or removal of emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere. Offsets are measured in tonnes of carbon dioxide-equivalent (CO2e).
Cash-flow diagram A cash-flow diagram is a financial tool used to represent the cashflows associated with a security, "project", or business.\nAs per the graphics, cash flow diagrams are widely used in structuring and analyzing securities, particularly swaps.
Procedural generation In computing, procedural generation is a method of creating data algorithmically as opposed to manually, typically through a combination of human-generated assets and algorithms coupled with computer-generated randomness and processing power. In computer graphics, it is commonly used to create textures and 3D models.
Reasonable and non-discriminatory licensing Reasonable and non-discriminatory (RAND) terms, also known as fair, reasonable, and non-discriminatory (FRAND) terms, denote a voluntary licensing commitment that standards organizations often request from the owner of an intellectual property right (usually a patent) that is, or may become, essential to practice a technical standard. Put differently, a F/RAND commitment is a voluntary agreement between the standard-setting organization and the holder of standard-essential patents.
Intellectual property infringement An intellectual property (IP) infringement is the infringement or violation of an intellectual property right. There are several types of intellectual property rights, such as copyrights, patents, trademarks, industrial designs, and trade secrets.
Proxy server In computer networking, a proxy server is a server application that acts as an intermediary between a client requesting a resource and the server providing that resource.Instead of connecting directly to a server that can fulfill a request for a resource, such as a file or web page, the client directs the request to the proxy server, which evaluates the request and performs the required network transactions. This serves as a method to simplify or control the complexity of the request, or provide additional benefits such as load balancing, privacy, or security.
SM Culture & Contents SM Culture & Contents (Korean: 에스엠컬처앤콘텐츠; SM C&C) is a South Korean advertising, production, travel and talent company under SM Studios, a wholly-owned subsidiary of SM Entertainment. The company operates as a talent agency, television content production company, theatrical production company and travel company.
Financial accounting Financial accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use.
Contract manufacturer A contract manufacturer (CM) is a manufacturer that contracts with a firm for components or products (in which case it is a turnkey supplier). It is a form of outsourcing.
Articles of partnership Articles of partnership is a voluntary contract between/among two or more persons to place their capital, labor, and skills into business, with the understanding that there will be a sharing of the profits and losses between/among partners. Outside of North America, it is normally referred to simply as a partnership agreement.A partnership agreement is the written and legal agreement between/among business partners.
Legal history Legal history or the history of law is the study of how law has evolved and why it has changed. Legal history is closely connected to the development of civilisations and operates in the wider context of social history.
Menu cost In economics, the menu cost is a cost that a firm incurs due to changing its prices. It is one microeconomic explanation of the price-stickiness of the macroeconomy put by New Keynesian economists.
Upstream capital costs index The upstream capital costs index (UCCI), formally known as IHS/CERA upstream capital costs index, is a proprietary index of the rate of inflation seen in the costs associated with the construction of a global portfolio of 28 upstream oil and gas projects. The UCCI is managed and released by Cambridge Energy Research Associates.
This Changes Everything This Changes Everything: Capitalism vs. the Climate is Naomi Klein's fourth book; it was published in 2014 by Simon & Schuster.
Daytime Emmy Award for Outstanding Legal/Courtroom Program The Daytime Emmy for Outstanding Legal/Courtroom Program is a category of the Daytime Emmy Awards dedicated to the court show genre. It was first introduced in 2008.
Facility management Facility management, or facilities management, (FM) is a professional management discipline focused on the efficient and effective delivery of logistics and other support services related to real property, it encompasses multiple disciplines to ensure functionality, comfort, safety and efficiency of the built environment by integrating people, place, process and technology, as defined by the International Organization for Standardization (ISO). The profession is certified through Global Facility Management Association (Global FM) member organizations.
Appen (company) Appen Limited (formerly known as Appen Butler Hill) is a publicly traded data company listed on the Australian Securities Exchange (ASX) under the code APX.Appen provides or improves data used for the development of machine learning and artificial intelligence products. Data types include speech and natural language data, image and video data, text and alphanumeric data and relevance data to improve search and social media engines.
Saturday night special Saturday night special is a colloquial term in the United States and Canada for inexpensive, compact, small-caliber handguns made of poor quality metal. Sometimes known as junk guns, some states define these guns by means of composition or material strength.
Madonna–whore complex In psychoanalytic literature, a Madonna–Whore Complex, also called a Madonna–Mistress Complex, is the inability to maintain sexual arousal within a committed, loving relationship. First identified by Sigmund Freud, under the rubric of psychic impotence, this psychological complex is said to develop in men who see women as either saintly Madonnas or debased prostitutes.
Talent agent A talent agent, or booking agent, is a person who finds jobs for actors, authors, broadcast journalists, film directors, musicians, models, professional athletes, screenwriters, writers, and other professionals in various entertainment or broadcast businesses. In addition, an agent defends, supports and promotes the interest of their clients.
Risk Factors
Risk Factors This filing contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995
A variety of risks and uncertainties could cause the Company’s actual results to differ materially from the anticipated results or other expectations expressed in the Company’s forward-looking statements
The risks and uncertainties include without limitation the following: Uncertainty of General Business and Economic Conditions The Company operates in a highly competitive environment that is affected by a number of factors
Demand for its product offerings is sensitive to both volatility within the non-residential construction and other industrial markets, and to the effect of consolidation of the Company’s competitors
Changes in interest and foreign currency exchange rates could impair the Company’s ability to effectively access capital markets
The Company’s primary competitors have the ability to drive both pricing and product innovation within the marketplace
These competitive pressures may affect the Company’s ability to achieve desired volume growth and profitability levels under its current pricing models, which could adversely impact results from operations
See above discussion of seasonality and cyclicality
Foreign Economic, Political, Military, or Other Events The Company manufactures and sources certain amounts of raw materials, component parts, or finished goods outside of the United States
The Company’s operations as well as those of key vendors are therefore subject to regulatory, economic, political, military, and other events in countries where these operations are located
Barriers to trade and other uncertainties within these foreign domiciles could affect the Company’s ability to continue to manufacture and source material from abroad as well as future expansion into emerging markets outside of the United States
Fluctuation in Raw Material and Component Costs The Company utilizes a variety of raw materials and components in its production process including petroleum based chemicals, steel, copper, ballasts, and aluminum
Failure to effectively manage future increases in the costs of these items could adversely affect the ability to achieve operating margins acceptable to shareholders
The Company sources these goods from a number of suppliers and is, therefore, reasonably insulated from risks affecting any one supplier
However, profitability and volume could be negatively impacted by limitations inherent within the supply chain of certain of these materials, including competitive governmental, legal, natural disasters, and other events that could impact both supply and price
Future Growth through Strategic Acquisition The Company has previously endeavored, and may again endeavor to improve the business through strategic acquisition
The Company will gain from such activity only to the extent that it can effectively leverage the assets, including personnel, and operating processes of the acquired businesses
Uncertainty is inherent within the acquisition process, and unforeseen circumstances arising from future acquisitions could offset their anticipated benefits
Any of these factors could adversely affect the Company’s results of operations, including its ability to generate positive operating cash flows
Susceptibility to Disruptive Technologies Acuity Brands is highly engaged in the investigation, development, and implementation of new technologies
Securing key partnerships and alliances, including having access to technologies generated by others and the obtaining of appropriate patents, play a significant role in protecting Acuity Brand’s intellectual property and development activities
However, the continual development of new technologies (eg, LEDs and 12 ______________________________________________________________________ [45]Table of Contents [46]Index to Financial Statements lamp ballast systems) by existing and new source suppliers looking for either direct market access or partnership with competing large manufacturers, coupled with significant associated exclusivity and/or patent activity, could adversely affect the Company’s, and specifically ABL’s, ability to sustain operating profit margin and desirable levels of volume
Unexpected Development of Legal and Environmental Contingencies Acuity Brands is subject to various legal claims arising in the normal course of business, including patent infringement, environmental, and product liability claims
The Company establishes reserves for legal claims when the costs associated with the claims become probable and can be reasonably estimated
The actual costs of resolving legal claims may be substantially higher or lower than the amounts reserved for such claims
Changes from expectations for the resolution of outstanding legal and environmental claims and assessments, including the investigation related to the operation of ASP’s wastewater pretreatment plant and other waste management practices at a facility in Atlanta, Georgia, could have a material impact on the Company’s financial condition, including loss of governmental and related business, disruption of production, and higher operating costs at the Atlanta facility
Inability to Sustain Customer Relationships Acuity Brands is focused on improving product quality and enhancing its customer service capabilities in each segment
Relationships forged with customers, including The Home Depot, which represents approximately 13prca of the Company’s total net sales, are directly impacted by the Company’s ability to deliver high quality products and service
Innovation in design and technology achieved by competitors could have a negative impact on customer acceptance of the Company’s products
Additionally, the Company sources many materials and components used in our production processes from third-party suppliers
The Company has recently incurred recall costs associated with faulty items purchased from third-party suppliers
While the Company anticipates reimbursement for the majority of the recall costs, the inability to effectively manage customer relationships during the recall process could have an adverse effect on the Company’s ability to maintain desired levels of profitability and volume
Attraction and Retention of a Highly Skilled Workforce The success of the Company is dependent upon the continued service of its highly skilled workforce, and its ability to attract and retain new personnel
The challenge to attract top talent is a formidable one given the competition for such talent within the Company’s markets
Failure to maintain a qualified workforce could have a material adverse effect on the Company’s results of operations