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Wiki Wiki Summary
Significant figures Significant figures (also known as the significant digits, precision or resolution) of a number in positional notation are digits in the number that are reliable and necessary to indicate the quantity of something.\nIf a number expressing the result of a measurement (e.g., length, pressure, volume, or mass) has more digits than the number of digits allowed by the measurement resolution, then only as many digits as allowed by the measurement resolution are reliable, and so only these can be significant figures.
Significant other The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation.
Significant form Significant form refers to an aesthetic theory developed by English art critic Clive Bell which specified a set of criteria for what qualified as a work of art.
The Simpsons The Simpsons is an American animated sitcom created by Matt Groening for the Fox Broadcasting Company. The series is a satirical depiction of American life, epitomized by the Simpson family, which consists of Homer, Marge, Bart, Lisa, and Maggie.
Internet In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party.
The Home Depot The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services.
Réno-Dépôt Réno-Dépôt (known as Reno-Depot outside of Quebec) is a Canadian chain of home supply stores owned by Lowe's. Primarily operating in Quebec, Réno-Dépôt is a warehouse-styled format with a focus on discounted renovation and household hardware products.
Georgia Dome The Georgia Dome was a domed stadium in the Southeastern United States. Located in Atlanta between downtown to the east and Vine City to the west, it was owned and operated by the State of Georgia as part of the Georgia World Congress Center Authority.
Management Management (or managing) is the administration of an organization, whether it is a business, a non-profit organization, or a government body. It is the art and science of managing resources of the business.
Agile management Agile management is the application of the principles of Agile software development to various management processes, particularly project management. Following the appearance of the Manifesto for Agile Software Development in 2001, Agile techniques started to spread into other areas of activity.
Sport management Sport management is the field of business dealing with sports and recreation. Sports management involves any combination of skills that correspond with planning, organizing, directing, controlling, budgeting, leading, or evaluating of any organization or business within the sports field.
Non-ferrous metal In metallurgy, non-ferrous metals are metals or alloys that do not contain iron (Allotropes of iron ferrite) in appreciable amounts.\nGenerally more costly than ferrous metals, non-ferrous metals are used because of desirable properties such as low weight (e.g.
Metallurgy of Russia The metallurgy industries of Russia make up about 5% of Russia's GDP, about 18% of industrial production and about 14% of exports, as of 2009. The volume of metallurgical production was 1.87 trillion rubles (2009).
Ministry of Ferrous Metallurgy The Ministry of Ferrous Metallurgy (Minchermet; Russian: Министерство чёрной металлургии СССР) had been a government ministry in the Soviet Union.\n\n\n== History ==\nThe all-union commissariat of Ferrous Metallurgy was established on 24 January 1939 by ukase of the Presidium, Supreme Soviet USSR, at which time the All-Union People's Commissariat of Heavy Industry was subdivided into six separate commissariats.
List of brazing alloys \n== References ==
Competition Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc.
Common stock Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States.
Stock market A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind.
Stock market crash A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors.
Arithmetic Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today.
Operations research Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences.
Bitwise operation In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor.
Regulation Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.
Regulation (European Union) A regulation is a legal act of the European Union that becomes immediately enforceable as law in all member states simultaneously. Regulations can be distinguished from directives which, at least in principle, need to be transposed into national law.
Radio regulation Radio regulation refers to the regulation and licensing of radio in international law, by individual governments, and by municipalities.\n\n\n== International regulation ==\nThe International Telecommunication Union (ITU) is a specialized agency of the United Nations (UN) that is responsible for issues that concern information and communication technologies.
New York Codes, Rules and Regulations The New York Codes, Rules and Regulations (NYCRR) contains New York state rules and regulations. The NYCRR is officially compiled by the New York State Department of State's Division of Administrative Rules.
Statistical assumption Statistics, like all mathematical disciplines, does not infer valid conclusions from nothing. Inferring interesting conclusions about real statistical populations almost always requires some background assumptions.
Extraordinary assumptions and hypothetical conditions In the field of real estate appraisal, extraordinary assumptions and hypothetical conditions are two closely related types of assumptions which are made as predicating conditions of an appraisal problem. Under the Uniform Standards of Professional Appraisal Practice (USPAP), they are two of the assignment conditions on which an appraisal assignment is predicated, the others being general assumptions, laws & regulations, supplemental standards, jurisdictional exceptions, and other conditions affecting scope of work.
Market power In economics, market power refers to the ability of a firm to influence the price at which it sells a product or service by manipulating either the supply or demand of the product or service to increase economic profit. In other words, market power occurs if a firm does not face a perfectly elastic demand curve and can set its price (P) above marginal cost (MC) without losing revenue.
Non-price competition Non-price competition is a marketing strategy "in which one firm tries to distinguish its product or service from competing products on the basis of attributes like design and workmanship". It often occurs in imperfectly competitive markets because it exists between two or more producers that sell goods and services at the same prices but compete to increase their respective market shares through non-price measures such as marketing schemes and greater quality.
Preferred stock Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of claim (or rights to their share of the assets of the company, given that such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in the payment of dividends and upon liquidation.
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018.
Treasury stock A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market ("open market" including insiders' holdings). \nStock repurchases are used as a tax efficient method to put cash into shareholders' hands, rather than paying dividends, in jurisdictions that treat capital gains more favorably.
Risk Factors
INDUSTRIAL SERVICES OF AMERICA INC /FL ITEM 1 A Risk Factors Risk Factors This Annual Report on Form 10-K includes &quote forward-looking statements &quote within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, certain statements about our plans, strategies and prospects
Although we believe that our plans, intentions and expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that such plans, intentions or expectations will be achieved
Important factors that could cause our actual results to differ materially from our forward-looking statements include those set forth in this Risk Factors section
All forward-looking statements attributable to us or any persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth below
Unless the context requires otherwise, all references to the &quote company, &quote &quote we, &quote &quote us &quote or &quote our &quote include Industrial Services of America, Inc
If any of the following risks, or other risks not presently known to us or that we currently believe to not be significant, develop into actual events, then our business, financial condition, results of operations, cash flows or prospects could be materially adversely affected
Risks Related to Our Operations The loss of our customer contract with Home Depot has resulted in reduced revenues for us that we may not be able to replace
We lost our contract with Home Depot and we may be unable to replace in whole the lost revenue generated from that customer and necessarily the gross profit received there from
The Home Depot contract represented 56prca, 51prca and 57prca of our revenue for 2005, 2004 and 2003, respectively, and 21prca, 20prca and 16prca of our gross profit for 2005, 2004 and 2003, respectively
Notwithstanding the loss of this contract, we are seeking new customers to replace this lost revenue and gross profit
To date, we have not consummated a contract with any new customers who generate significant revenue and gross profit for us, but we are in discussions with some potential customers who may generate such revenue and gross profit
Although we may not be able to replenish this lost revenue from the management service segment of our business, we believe that the remaining segments of our business will generate increased revenue, particularly in the recycling business, and gross profit to offset in the near term the lost gross profit derived from the Home Depot contract
Our business has increasing involvement in ferrous, non-ferrous and fiber recycling
Currently, the prices of metals are high, but changes in demand, including foreign demand, regulation, economic slowdowns or increased competition could result in a reduction of our revenue and consequent decrease in our common stock price
Many companies offer or are engaged in the development of products or the provisions of services that may be or are competitive with our current products or services, although we do not believe any competition offers the unique mixture of the services and products we provide in the waste management area
Many entities have substantially greater financial, technical, manufacturing, marketing, distribution and other resources than we possess
In addition, the industry is constantly changing as a result of consolidation that may create additional competitive pressures in our business environment
An increase in the price of fuel may adversely affect our business
Our operations are dependent upon fuel, which we generally purchase in the open market on a daily basis
Direct fuel costs include the cost of fuel and other petroleum-based products used to operate our fleet of cranes and heavy equipment
We are also susceptible to increases in indirect fuel costs which include fuel surcharges from vendors
During 2003, 2004 and 2005, we experienced increases in the cost of fuel and other petroleum-based products
However, because of the competitive nature of the industry, there can be no assurance that we will be able to pass on current or future increases in fuel prices to our customers
Due to political instability in oil-producing countries, fuel prices may continue to increase significantly in 2006
A significant increase in fuel costs could adversely affect our business
We could incur substantial costs in order to comply with, or to address any violations under, environmental laws that could significantly increase our operating expenses and reduce our operating income
Our operations are subject to various environmental statutes and regulations, including laws and regulations addressing materials used in the processing of our products
In addition, certain of our operations are subject to federal, state and local environmental laws and regulations that impose limitations on the discharge of pollutants into the air and water and establish standards for the treatment, storage and disposal of solid and hazardous wastes
Failure to maintain or achieve compliance with these laws and regulations or with the permits required for our operations could result in substantial operating costs and capital expenditures, in addition to fines and civil or criminal sanctions, third party claims for property damage or personal injury, cleanup costs or temporary or permanent discontinuance of operations
Certain of our facilities have been in operation for many years and, over time, we and other predecessor operators of these facilities have generated, used, handled and disposed of hazardous and other regulated wastes
Environmental liabilities could exist, including cleanup obligations at these facilities or at off-site locations where materials from our operations were disposed of, which could result in future expenditures that cannot be currently quantified and which could reduce our profits
Our financial statements are based upon estimates and assumptions that may differ from actual results
We have prepared our financial statements in accordance with US generally accepted accounting principles and necessarily include amounts based on estimates and assumptions we made
Actual results could differ from these amounts
Significant items subject to such estimates and assumptions include the carrying value of long-lived assets, valuation allowances for accounts receivable, liabilities for potential litigation, claims and assessments, and liabilities for environmental remediation and deferred taxes
We depend on our senior management team and the loss of any member could prevent us from implementing our business strategy
Our success is dependent on the management and leadership skills of our senior management team
We have not entered into employment agreements with any of our senior management personnel
The loss of any members of our management team or the failure to attract and retain additional qualified personnel could prevent us from implementing our business strategy and continuing to grow our business at a rate necessary to maintain future profitability
Seasonal changes may adversely affect our business and operations
Our operations may be adversely affected by periods of inclement weather which could decrease the collection and shipment volume of recycling materials
Risks Related to Our Common Stock Future sales of our common stock could depress our market price and diminish the value of your investment
Future sales of shares of our common stock could adversely affect the prevailing market price of our common stock
If our existing shareholders sell a large number of shares, or if we issue a large number of shares, the market price of our common stock could significantly decline
Moreover, the perception in the public market that our existing shareholders and in particular members of the Kletter family might sell shares of common stock could depress the market for our common stock
The market price for our common stock may be volatile
In recent periods, there has been volatility in the market price for our common stock
In addition, the market price of our common stock could fluctuate substantially in the future in response to a number of factors, including the following: · our quarterly operating results or the operating results of our companies in the waste management or ferrous, non-ferrous and fiber recycling industry; · changes in general conditions in the economy, the financial markets or the ferrous, non-ferrous and fiber recycling industry; · loss of significant customers, as was the case with the loss of Home Depot; and · increases in materials and other costs
In addition, in recent years the stock market has experienced extreme price and volume fluctuations
This volatility has had a significant effect on the market prices of securities issued by many companies for reasons unrelated to their operating performance
These broad market fluctuations may materially adversely affect our stock price, regardless of our operating results