SSD — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• “Strong-Tie” and our other trademarks appearing in this report are our property. This report contains additional trade names and trademarks of other companies. We do not intend our use or display of other companies' trade names or trademarks to imply endorsement or sponsorship of us by such companie…

• Asia/Pacific. Within the North America segment, our sales efforts are dedicated to serving customers across the following end-use markets:

• Our organic growth opportunities are focused on expanding product lines with our current customers while also identifying new market share gain opportunities within our core product and market competencies.

• To grow in these markets, we aspire to be among the leaders in engineered load-rated construction building products and systems as well as digital product offerings. We intend to leverage our engineering expertise, deep-rooted relationships with top builders, engineers, contractors, code officials a…

• •Strive to be an innovative leader in the markets we operate;

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• “Strong-Tie” and our other trademarks appearing in this report are our property.

• Our organic growth opportunities are focused on expanding our product lines with our current customers while also identifying new market share gain opportunities within our core product and market competencies.

• To grow in these markets, we aspire to be among the leaders in engineered load-rated construction building products and systems as well as digital product offerings. We also aspire to leverage our engineering expertise, deep-rooted relationships with top builders, engineers, contractors, code offici…

• •Above market growth relative to the U.S. housing starts (exceeding our historical average volume performance in North America);

• Since announced in 2021, we continue to make progress on our key growth initiatives. Examples include:

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Our primary exposure to interest rate risk results from outstanding borrowings under the Credit Agreement, which bears interest at variable rates. As of March 31, 2026, the outstanding debt under the Credit Agreement subject to interest rate fluctuations

• was $370.5 million. The variable interest rates on the Credit Agreement fluctuate and expose us to short-term changes in market interest rates as our interest obligation on this instrument is based on prevailing market interest rates. Interest rates fluctuate as a result of many factors, including g…

• We have entered into an interest rate swap agreement to convert the variable interest rate on the balances outstanding under our Credit Agreement to fixed interest rates. The objective of the interest rate swap agreement is to eliminate the variability of the interest payment cash flows associated w…

• In the normal course of business, we are exposed to market risk related to our purchase of steel, a significant raw material upon which our manufacturing depends. Steel cost were stable by the end of 2024 and early part of 2025. Costs began to raise by late 2025 and first quarter 2026. While steel i…

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• Our primary exposure to interest rate risk results from outstanding borrowings under the Credit Agreement, which bears interest at variable rates. As of September 30, 2025, the outstanding debt under the Credit Agreement subject to interest rate fluctuations was $371.3 million. The variable interest…

• We have entered into an interest rate swap agreement to convert the variable interest rate on the balances outstanding under our Credit Agreement to fixed interest rates. The objective of the interest rate swap agreement is to eliminate the variability of the interest payment cash flows associated w…

• In the normal course of business, we are exposed to market risk related to our purchase of steel, a significant raw material upon which our manufacturing depends. Steel cost started to stabilize by the end of 2024 and began to raise again later part of the first nine months of 2025. While steel is t…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Changes in Internal Control over Financial Reporting. There were no changes in our internal control over financial reporting identified in management's evaluation pursuant to Rules 13a-15(d) or 15d-15(d) of the Exchange Act during the three months ended March 31, 2026, that materially affected, or a…

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• will succeed in achieving its stated goals under all potential events and conditions. Over time, controls may become inadequate because of changes in circumstances, or the degree of compliance with the policies and procedures may deteriorate.

• Changes in Internal Control over Financial Reporting. There were no changes in our internal control over financial reporting identified in management's evaluation pursuant to Rules 13a-15(d) or 15d-15(d) of the Exchange Act during the three months ended September 30, 2025, that materially affected, …