SUBSEQUENT EVENT

12 Months Ended

Dec. 31, 2019

SUBSEQUENT EVENT

SUBSEQUENT EVENT

NOTE 12—SUBSEQUENT EVENT

On March 11, 2020 the World Health Organization declared the novel strain of coronavirus (COVID-19) a global pandemic and recommended containment and mitigation measures worldwide. As a result, the Company expects operations at all of its locations to be affected in some capacity, as the COVID-19 virus continues to proliferate and the federal, state and local governments under which we operate continue to adopt new rules. The Company has put in place enhanced procedures at all locations, such as restricting international and domestic travel, adopting a variety of steps designed to ensure social distancing in our facilities, including working remotely where available and modifying our shifts, and increasing our cleaning and sanitizing procedures in our facilities. in an effort to protect its employees while still striving to meet its customers’ needs. The Company cannot reasonably estimate the length or severity of this pandemic, or the extent to which the disruption may materially impact its consolidated financial position, results of operations, and cash flows in fiscal 2020.