MIR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-10-28

• •Inflation and interest rates—We continue to actively monitor, evaluate and respond to developments relating to operational challenges in the current inflationary environment. Global supply chain disruptions and the higher

• inflationary environment remain unpredictable and our past results may not be indicative of future performance. In addition, the increase in interest rates has in turn led to increases in the interest rates applicable to our indebtedness and increased our debt service costs.

• •Government budgets—While we believe that we are poised for growth from governmental customers in both of our segments, our revenues and cash flows from government customers are influenced, particularly in the short-term, by budgetary cycles. This impact can be either positive or negative, primarily…

• •Financial risks—Our business and financial statements can be adversely affected by foreign currency exchange rates, changes in interest rates, recognition of impairment charges for our goodwill or other intangible assets and fluctuations in the cost and availability of commodities. No triggering ev…

• •Many countries have incorporated Pillar Two global minimum tax rules into their domestic laws. Pillar Two legislation was effective for the Company for the year ended December 31, 2025. While we continue to expect the impact to be immaterial, Pillar Two could impact our cash taxes paid and effectiv…

Text removed vs the prior filing · source: 10-Q · 2026-07-29

• •Inflation and Interest Rates—We continue to actively monitor, evaluate and respond to developments relating to operational challenges in the current inflationary environment. Global supply chain disruptions and the higher inflationary environment remain unpredictable and our past results may not be…

• •Environmental objectives of governments—Growth and operating results in our Nuclear & Safety segment are impacted by environmental policy decisions made by governments in the countries where we operate. Our nuclear power customers may benefit from decarbonization efforts given the relatively low ca…

• •Government budgets—While we believe that we are poised for growth from governmental customers in both of our segments, our revenues and cash flows from government customers are influenced, particularly in the short-term, by budgetary cycles. This impact can be either positive or negative, primarily…

• •Financial risks—Our business and financial statements can be adversely affected by foreign currency exchange rates, changes in interest rates, recognition of impairment charges for our goodwill or other intangible assets and fluctuations in the cost and availability of commodities.

• •The OECD (Organization for Economic Co-operation and Development) has proposed a global minimum tax of 15% of reported profits (Pillar Two) and many countries have incorporated Pillar Two model rule concepts into their domestic laws. Pillar Two legislation was effective for the Company for the year…

Text added vs the prior filing · source: 10-Q · 2026-10-28

• Our growth strategy depends in part on plans to supply our products and services to small modular reactors ("SMRs") and other advanced reactors in the United States, an emerging market that may grow more slowly than we expect. Sales to SMRs and advanced reactor developers are currently a small but g…

• Supply chain issues, including electronic component shortages driven by artificial intelligence and data center demand, could disrupt production, cause delays and increase costs for the commodities or components that we use in our operations which may materially and adversely impact our business, re…

• predictable lead times, accelerated obsolescence and higher costs for certain components. These constraints could delay our production and deliveries, impair our ability to meet customer demand and contractual commitments, delay revenue recognition, compress margins on our fixed-price and limited pr…

• We derive a significant portion of our revenue from international sales and our operations in non-U.S. countries are subject to political, economic, legal, currency and other risks, which could materially and adversely affect us. Revenue generated from outside of North America accounted for approxim…

Text added vs the prior filing · source: 10-Q · 2026-10-28

• Name and TitleActionApplicableDuration of Trading Arrangement

• Aggregate Number of Securities Subject to Trading Arrangement

• (1) Denotes whether the trading plan is intended, when adopted, to satisfy the affirmative defense of Rule 10b5-1(c).

• (2) Reflects the maximum aggregate number of gross shares underlying restricted stock unit and performance stock unit awards (performance stock units shown at target) that vest in 2027 and 2028 and are subject to the trading arrangement. Upon vesting, the Company will withhold shares to satisfy tax …