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MIR on NYSE

Mirion Technologies

Mirion Technologies is an American electronics company based in Atlanta, listed on NYSE (MIR).1

Price unavailable

Last updated Oct 21, 2026.

Overview

$925.4MRevenue, fiscal 20254
$28.8MNet income, fiscal 20254

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  • TickerMIR on NYSE1
  • Industryelectronics, manufacturing of scientific and technical instrumentation1
  • HeadquartersAtlanta1
  • Websitewww.mirion.com
  • Legal formForeign company not registered with the RCS1
  • Business address1218 Menlo Drive, Atlanta, Ga 303185
  • Filer categoryLarge accelerated filer5
  • LEI549300BNTOWVWFNVTJ653
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressC/O COGENCY GLOBAL INC., 19904 Dover, United States3
  • Registered withDivision of Corporations, Department of State, 69107163

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At Mirion, we deliver vital protection that unlocks the transformative potential of radiation to move science, industry and medicine forward. For more than 60 years Mirion and our predecessor companies have provided products, services, and software that allow customers to safely leverage the power of ionizing radiation for applications that benefit the health, safety, vitality, and technological progress of the human experience. As a global leader in the field of radiation safety and innovation, we bring together unrivaled expertise with an unmatched range of reliably precise technologies.7 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

47.4%Gross margin4
5.6%Operating margin4
3.1%Net margin4
7.5%Revenue growth, 20254
1.5%Return on equity4
0.24×Debt to equity4
$106.9MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue53¢$486.8M
  • Research and development4¢$38.9M
  • Selling, general and admin38¢$348.2M
  • Other costs2¢$19.8M
  • Income tax0¢$2.9M
  • Profit3¢$28.8M

Out of $925.4M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Capital spending25¢$36.4M
  • Share buybacks35¢$49.6M
  • Kept or used elsewhere40¢$57.3M

Out of $143.3M of cash from operations.4

Financial statements

Revenue8910114$925.4M in 2025+110% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $440.1M$440.1M20192020: $478.2M$478.2M2020+9%2021: $611.6M$611.6M2021+28%2022: $717.8M$717.8M2022+17%2023: $800.9M$800.9M2023+12%2024: $860.8M$860.8M2024+7%2025: $925.4M$925.4M2025+8%
Gross profit8910114$438.6M in 2025+133% since 2019
0$200.0M$400.0M$600.0M2019: $188.2M$188.2M20192020: $197.0M$197.0M2020+5%2021: $251.8M$251.8M2021+28%2022: $310.1M$310.1M2022+23%2023: $356.4M$356.4M2023+15%2024: $399.7M$399.7M2024+12%2025: $438.6M$438.6M2025+10%
Operating income8910114$51.5M in 2025+79% since 2019
-$300.0M-$200.0M-$100.0M0$100.0M2019: $28.8M$28.8M20192020: $23.0M$23.0M2020−20%2021: $11.2M$11.2M2021−51%2022: -$297.8M-$297.8M20222023: -$21.9M-$21.9M2023−93%2024: $24.8M$24.8M20242025: $51.5M$51.5M2025+108%
Net income1210114$28.8M in 2025
-$300.0M-$200.0M-$100.0M0$100.0M2018: -$295-$29520182019: -$341-$3412019+16%2020: -$45.3M-$45.3M2020+13271280%2021: -$158.4M-$158.4M2021+250%2022: -$276.9M-$276.9M2022+75%2023: -$96.9M-$96.9M2023−65%2024: -$36.1M-$36.1M2024−63%2025: $28.8M$28.8M2025
Fiscal year20182019202020212022202320242025
Revenue$440.1M8$478.2M9$611.6M10$717.8M11$800.9M4$860.8M4$925.4M4
Cost of revenue$251.9M8$281.2M8$359.8M10$407.7M10$444.5M10$461.1M4$486.8M4
Gross profit$188.2M8$197.0M9$251.8M10$310.1M11$356.4M4$399.7M4$438.6M4
Research and development$14.0M8$15.9M9$29.4M10$30.3M11$31.7M4$35.0M4$38.9M4
Selling, general and admin$145.4M8$158.1M9$211.2M10$362.3M11$340.1M4$341.1M4$348.2M4
Operating expenses$607.9M11$378.3M4$374.9M4$387.1M4
Operating income$28.8M8$23.0M9$11.2M10-$297.8M11-$21.9M4$24.8M4$51.5M4
Income before tax-$306.6M11-$105.3M4-$33.9M4$32.7M4
Income tax$012-$265.9K12-$5.9M10-$18.2M11-$6.6M4$2.7M4$2.9M4
Net income-$29512-$34112-$45.3M12-$158.4M10-$276.9M11-$96.9M4-$36.1M4$28.8M4
Earnings per share-$19.368-$18.459-$24.1810-$1.5311-$0.494-$0.184$0.134
Earnings per share (diluted)-$19.368-$18.459-$24.1810-$1.5311-$0.494-$0.184$0.114
Shares (weighted, basic)181.1M shares11196.4M shares4205.0M shares4230.0M shares4
Shares (weighted, diluted)181.1M shares11196.4M shares4205.0M shares4261.2M shares4

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Corporate structure

Mirion Technologies sits at the top of its group. 44 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Mirion Technologies

  • Mirion Technologies Atlanta, Georgia, United States
    • 66 MPH, LLC Subsidiary · Kansas, United States
    • Canberra Industries Subsidiary · France
    • Crimson Engineered Solutions, L.L.C. Subsidiary · Texas, United States
    • LLEPTANT ANNEX, LLC Subsidiary · Delaware, United States
    • Materials Characterization Company LLC Subsidiary · New Mexico, United States
    • MGP Instruments Subsidiary · France
    • Mirion Commercial (Beijing) Co., Ltd. Subsidiary · China
    • Mirion IntermediateCo, Inc. Subsidiary · Delaware, United States
    • Mirion Medical GmbH Subsidiary · Germany
    • Mirion Technologies (Canberra BNLS) NV Subsidiary · Belgium
    • Mirion Technologies (Canberra CA) Ltd. Subsidiary · Ontario, Canada
    • Mirion Technologies (Canberra Olen) NV Subsidiary · Belgium
    • Mirion Technologies (Canberra UK) Limited Subsidiary · United Kingdom
    • Mirion Technologies (Canberra) GmbH Subsidiary · Germany
    • Mirion Technologies (Capintec), Inc. Subsidiary · Delaware, United States
    • Mirion Technologies (Conax Nuclear), Inc. Subsidiary · New York, United States
    • Mirion Technologies (Dosimetry Services) B.V. Subsidiary · Netherlands
    • Mirion Technologies (France) SAS Subsidiary · France
    • Mirion Technologies (GDS), Inc. Subsidiary · Delaware, United States
    • Mirion Technologies (Germany) GmbH Subsidiary · Germany
    • Mirion Technologies (Global), Ltd. Subsidiary · United Kingdom
    • Mirion Technologies (HK) Limited Subsidiary · Hong Kong
    • Mirion Technologies (HoldingRep), Ltd. Subsidiary · United Kingdom
    • Mirion Technologies (IST Canada) ULC Subsidiary · British Columbia, Canada
    • Mirion Technologies (IST France) SAS Subsidiary · France
    • and 18 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mirion Technologies reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$251.3M4 Dec 31, 2025$227.5M4 Dec 31, 2024+10.5%
Accumulated depreciation$96.4M4 Dec 31, 2025$81.2M4 Dec 31, 2024+18.7%
Property and equipment, net$154.9M4 Dec 31, 2025$146.3M4 Dec 31, 2024+5.9%
Finance-lease assets$011 Dec 31, 2024$100.0K11 Dec 31, 2023−100.0%
Operating-lease assets (leased space)$32.1M4 Dec 31, 2025$30.3M4 Dec 31, 2024+5.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$412.3M4 Dec 31, 2025$175.2M4 Dec 31, 2024+135.3%
Deposits held (banks)$19.5M4 Dec 31, 2025$14.3M4 Dec 31, 2024+36.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.9B4 Dec 31, 2025$1.4B4 Dec 31, 2024+31.3%
Intangible assets, net (excluding goodwill)$606.3M4 Dec 31, 2025$411.6M4 Dec 31, 2024+47.3%
Finite-lived intangibles, gross$1.1B4 Dec 31, 2025$776.2M4 Dec 31, 2024+36.8%
Accumulated amortization$455.4M4 Dec 31, 2025$364.6M4 Dec 31, 2024+24.9%
Finite-lived intangibles, net$606.3M4 Dec 31, 2025$411.6M4 Dec 31, 2024+47.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$152.6M4 Dec 31, 2025$133.2M4 Dec 31, 2024+14.6%
Raw materials$82.9M4 Dec 31, 2025$63.6M4 Dec 31, 2024+30.3%
Work in process$34.7M4 Dec 31, 2025$31.7M4 Dec 31, 2024+9.5%
Finished goods$35.0M4 Dec 31, 2025$37.9M4 Dec 31, 2024−7.7%

Properties, in its own words

The Company's principal executive offices are located at 1218 Menlo Drive, Atlanta, Georgia. Our headquarters facilities consist of two buildings, which we have leased through 2031. The buildings contain approximately 31,000 square feet of floor space. The Company also leases administrative offices, as well as engineering, production and warehouse space in various locations in the United States, Canada, France, Germany, Belgium, the United Kingdom, Finland, Estonia, The Netherlands, China, Japan, and South Korea. In addition to these leased properties, we also own facilities in Belgium, France, Canada and the United States. We believe that these facilities are suitable and adequate to meet our current operating needs.

Item 2 of the 10-K filed Feb 19, 2026.7

Leadership

Who has led Mirion Technologies, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Thomas D. Logan2021–now

Chair

  1. Raanan A. Agus2020

President

  1. Loic Eloy2022–now

Chief financial officer

  1. Brian Schopfer2021–now

Chief operating officer

  1. Michael Freed2021
2025
Board members and other officers (17)

Products and brands

  • ADM-300

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

  • Canberra Industries
  • MGP Instruments
  • Mirion Technologies (Ist France)

Divisions

  • Canberra Industries
  • MGP Instruments
  • Mirion Technologies (Ist France)

Subsidiaries (Exhibit 21)

  • 66 MPH, LLC Kansas, USA6
  • Crimson Engineered Solutions, L.L.C. Texas, USA6
  • LLEPTANT ANNEX, LLC Delaware, USA6
  • Materials Characterization Company LLC New Mexico, USA6
  • Mirion Commercial (Beijing) Co., Ltd. China6
  • Mirion IntermediateCo, Inc. Delaware, USA6
  • Mirion Medical GmbH Germany6
  • Mirion Technologies (Canberra BNLS) NV Zellik, Belgium6
  • Mirion Technologies (Canberra CA) Ltd. Ontario, Canada6
  • Mirion Technologies (Canberra Olen) NV Olen, Belgium6
  • Mirion Technologies (Canberra UK) Limited United Kingdom6
  • Mirion Technologies (Canberra) GmbH Germany6
  • Mirion Technologies (Canberra) KK Japan6
  • Mirion Technologies (Canberra) SAS France6
  • Mirion Technologies (Canberra), Inc. Delaware, USA6
  • Mirion Technologies (Capintec), Inc. Delaware, USA6
  • Mirion Technologies (Conax Nuclear), Inc. New York, USA6
  • Mirion Technologies (Dosimetry Services) B.V. Netherlands6
  • Mirion Technologies (France) SAS France6
  • Mirion Technologies (GDS), Inc. Delaware, USA6
  • Mirion Technologies (Germany) GmbH Germany6
  • Mirion Technologies (Global), Ltd. United Kingdom6
  • Mirion Technologies (HK) Limited Hong Kong6
  • Mirion Technologies (HoldingRep), Ltd. United Kingdom6
All 47 listed subsidiaries
  • Mirion Technologies (IST Canada) ULC British Columbia, Canada6
  • Mirion Technologies (IST France) SAS France6
  • Mirion Technologies (IST) Corporation New York, USA6
  • Mirion Technologies (IST) Limited United Kingdom6
  • Mirion Technologies (MGPI H&B) GmbH Germany6
  • Mirion Technologies (MGPI) SAS France6
  • Mirion Technologies (Premium Analyse) SAS France6
  • Mirion Technologies (RADOS) Oy Finland6
  • Mirion Technologies (Selmic) Oy Finland6
  • Mirion Technologies (UK Holdco), Ltd. United Kingdom6
  • Mirion Technologies (US Holdings), Inc. Delaware, USA6
  • Mirion Technologies (US), Inc. Delaware, USA6
  • Mirion Technologies Selmic Baltic OÜ Estonia6
  • Mobile Characterization Services LLC New Mexico, USA6
  • Paragon Energy Solutions, LLC Delaware, USA6
  • Paragon-Rock Creek, LLC Delaware, USA6
  • Safeline Monitors, LLC Connecticut, USA6
  • Sun Nuclear B.V. Netherlands6
  • Sun Nuclear Corp. Florida, USA6
  • Sun Nuclear GmbH Germany6
  • WCI-Gigawatt Intermediate-Holdco, LLC Delaware, USA6
  • WCI-Gigawatt Midco, LLC Delaware, USA6
  • WCI-Gigawatt Purchaser, LLC Delaware, USA6

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • GS Acquisition Holdings Corp IIApr 20, 2020 to Oct 19, 20215

Timeline

  1. Aug 31, 20268-K Other events39
  2. Jul 28, 20268-K Results of operations40
  3. Jul 2, 20268-K Executive or director change41
  4. May 14, 20268-K Shareholder vote42
  5. Apr 28, 20268-K Results of operations43
  6. Apr 13, 20268-K Executive or director change44
  7. Feb 10, 20268-K Results of operations45
  8. Dec 8, 20258-K Entered a material agreement; New debt or obligation46
  9. Dec 1, 20258-K Other events47
  10. Nov 7, 20258-K Other events48
  11. Oct 28, 20258-K Results of operations49
  12. Sep 30, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares50
  13. Oct 22, 2021New chief executive Thomas D. Logan becomes CEO18
  14. May 31, 2018Founded Mirion Technologies is founded3

Calendar

Coming up

  1. Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.11 a share, on Oct 28, 2025.51

When it reported results

  1. Jul 28, 2026Reported quarterly or annual results40
  2. Apr 28, 2026Reported quarterly or annual results43
  3. Feb 10, 2026Reported quarterly or annual results45
  4. Oct 28, 2025Reported quarterly or annual results49
  5. Jul 31, 2025Reported quarterly or annual results52
  6. Apr 29, 2025Reported quarterly or annual results53
  7. Feb 11, 2025Reported quarterly or annual results54
  8. Oct 29, 2024Reported quarterly or annual results55

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

451 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 64 major events, 234 insider forms, 38 large holders, 95 other. The latest 20:

  1. Sep 30, 20264 EDGAR
  2. Sep 30, 20264 EDGAR
  3. Sep 2, 20264 EDGAR
  4. Aug 31, 20268-K EDGAR
  5. Jul 29, 202610-Q EDGAR
  6. Jul 28, 20268-K EDGAR
  7. Jul 2, 20268-K EDGAR
  8. Jun 30, 20264 EDGAR
  9. May 29, 2026SD EDGAR
  10. May 14, 20264 EDGAR
  11. May 14, 20264 EDGAR
  12. May 14, 20264 EDGAR
  13. May 14, 20264 EDGAR
  14. May 14, 20264 EDGAR
  15. May 14, 20264 EDGAR
  16. May 14, 20264 EDGAR
  17. May 14, 20268-K EDGAR
  18. May 8, 20264 EDGAR
  19. May 7, 2026144 EDGAR
  20. May 7, 20264 EDGAR

The 451 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

33 open-market trades by officers, directors and large owners since October 2021: 1 buys and 32 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 2, 2026Schopfer BrianChief Financial OfficerBuy20,000$15.60$312.0KForm 4
May 7, 2026Moore Christopher A.Chief Accounting Officer (PAO)Sale8,400$19.64$165.0KForm 4
Dec 10, 2025Kingsley Lawrence DDirectorSale350,000$24.73$8.7MForm 4
Nov 21, 2025Kingsley Lawrence DDirectorSale300,000$23.83$7.1MForm 4
Nov 11, 2025Eloy LoicNuclear & Safety PresidentSale45,000$27.24$1.2MForm 4
Nov 10, 2025Lee EmmanuelleChief Legal OfficerSale12,500$27.41$342.6KForm 4
Nov 6, 2025Schopfer BrianChief Financial OfficerSale100,000$27.66$2.8MForm 4
Aug 12, 2025Logan Thomas DChief Executive OfficerSale175,000$21.79$3.8MForm 4
Aug 11, 2025Logan Thomas DChief Executive OfficerSale325,000$21.31$6.9MForm 4
Aug 5, 2025Eloy LoicNuclear & Safety PresidentSale22,166$21.30$472.1KForm 4
Jun 25, 2025Schopfer BrianChief Financial OfficerSale75,000$21.00$1.6MForm 4
May 21, 2025Kingsley Lawrence DDirectorSale500,000$17.95$9.0MForm 4
May 21, 2025Schopfer BrianChief Financial OfficerSale75,000$18.27$1.4MForm 4
Dec 13, 2024Eloy LoicNuclear & Safety PresidentSale44,000$17.89$787.2KForm 4
Oct 31, 2024Lee EmmanuelleChief Legal OfficerSale3,405$14.27$48.6KForm 4
Oct 24, 2024Logan Thomas DChief Executive OfficerSale7,500$14.11$105.8KForm 4
Sep 24, 2024Lee EmmanuelleChief Legal OfficerSale5,000$10.60$53.0KForm 4
Sep 24, 2024Logan Thomas DChief Executive OfficerSale7,500$10.47$78.5KForm 4
Aug 28, 2024Lee EmmanuelleChief Legal OfficerSale5,000$11.01$55.0KForm 4
Aug 23, 2024Logan Thomas DChief Executive OfficerSale7,500$11.00$82.5KForm 4

All 33 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.38,262,307$686.0M0.0%+404,610
Vanguard Portfolio Management LLC18,179,850$326.0M0.0%+274,128
Vanguard Capital Management LLC10,613,869$190.3M0.0%+108,674
Goldman Sachs Group Inc10,406,605$186.6M0.0%+3,056,937
State Street Corp9,923,609$177.9M0.0%+493,592
Alyeska Investment Group, L.P.9,534,955$171.0M0.4%+6,833,375
Cooperman Leon G8,383,441$150.3M4.2%No change
Fmr LLC7,329,386$131.4M0.0%+777,694
Congress Asset Management Co6,685,434$119.9M0.7%+5,571,373
Geode Capital Management, LLC6,280,048$112.6M0.0%+339,873
Maverick Capital Ltd5,245,039$94.0M0.8%+2,595,160
Dimensional Fund Advisors LP4,859,755$87.1M0.0%+165,467
Jupiter Topco LLC4,114,766$73.8M0.0%New
Bamco Inc /ny/3,906,083$70.0M0.1%+2,692,335
Morgan Stanley3,896,754$69.9M0.0%+1,611,686
Neuberger Berman Group LLC3,199,539$57.4M0.0%+2,343,150
American Century Companies Inc3,176,241$57.0M0.0%+443,479
Invesco Ltd.2,769,589$49.7M0.0%+475,339
UBS Group AG2,686,713$48.2M0.0%−1,080,129
Northern Trust Corp2,586,059$46.4M0.0%+219,822
Jpmorgan Chase & Co2,606,507$45.7M0.0%−12,613
Swedbank AB2,531,200$45.4M0.0%−628,750
Loomis Sayles & Co L P2,525,188$45.3M0.1%−145,040
Charles Schwab Investment Management Inc2,447,222$43.9M0.0%+169,977
Tcw Group Inc2,255,645$40.4M0.3%+17,219

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Mirion Technologies is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMirion Technologies, Inc.2
  • CIK0001809987
  • Employer ID (EIN)83-09749967
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company7
  • Incorporated inDelaware7
  • Fiscal year endsDecember 312
  • Industry code (SIC)3829 Measuring & Controlling Devices, NEC2
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance2
  • Business address1218 Menlo Drive, Atlanta, GA 303182
  • Phone(770) 432-27442
  • Shares outstanding244,667,792 Common Class A shares; 5,864,555 Common Class B shares as of Feb 12, 20267
  • Public float$4.8B as of Jun 30, 20257
  • AuditorDELOITTE & TOUCHE LLP, Atlanta, GA PCAOB ID 34; it also attests to the company’s internal control over financial reporting7
  • On EDGAR sinceApr 20, 20202
  • Filings532 in all: 4 (221), 8-K (68), 425 (32), 144 (26), 3 (26), 424B3 (20), 10-Q (19), SC 13G/A (12)2
    All 41 form types

    SC 13D/A (11), CORRESP (10), SC 13G (10), 10-K (6), DEF 14A (6), UPLOAD (6), 424B5 (5), EFFECT (5), SCHEDULE 13G/A (5), ARS (4), DEFA14A (4), S-4/A (4), 4/A (3), 8-K/A (3), SD (3), 25-NSE (2), FWP (2), S-1 (2), SC 13D (2), SCHEDULE 13G (2), 10-K/A (1), 144/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), POS AM (1), PRE 14A (1), S-1/A (1), S-3 (1), S-4 (1), S-8 (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Feb 19, 2026
    Quarterly report (10-Q) Jul 29, 2026
    Proxy statement (DEF 14A) Apr 1, 2026
    Latest 8-K (8-K) Aug 31, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, $0.0001 par value per shareMIRNew York Stock Exchange

From the cover page of the 10-K filed Feb 19, 2026 (Section 12(b) of the Exchange Act).7

Risk factors and legal proceedings

Legal proceedings

Due to the nature of our activities, we are at times subject to pending and threatened legal actions that arise out of the ordinary course of business. For information regarding legal proceedings and other claims in which we are involved, see Note 11, Commitments and Contingencies, in the notes to the financial statements included in this Annual Report on Form 10-K. The disposition of any such currently pending or threatened matters is not expected to have a material effect on our business, results of operations or financial condition. However, the results of legal actions cannot be predicted with certainty. Therefore, it is possible that our business, results of operations and financial condition could be materially adversely affected in any particular period by the unfavorable resolution of one or more legal actions. Regardless of the outcome, litigation can have an adverse impact on our business because of defense and settlement costs, diversion of management resources and other factors. In addition, the expense of litigation and the timing of this expense from period to period are difficult to estimate, subject to change and could adversely affect our consolidated financial statements.

The opening of Item 3, Legal Proceedings.7

Sources

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