VSE CORP
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 8, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| TABLE OF CONTENTS | ||
|---|---|---|
| Page | ||
| PART I | ||
| ITEM 1 | Business | 5 |
| ITEM 1A | Risk Factors | 9 |
| ITEM 1B | Unresolved Staff Comments | 14 |
| ITEM 1C | Cybersecurity | 14 |
| ITEM 2 | Properties | 15 |
| ITEM 3 | Legal Proceedings | 15 |
| ITEM 4 | Mine Safety Disclosures | 15 |
| PART II | ||
| ITEM 5 | Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 16 |
| ITEM 6 | [Reserved] | 18 |
| ITEM 7 | Management's Discussion and Analysis of Financial Condition and Results of Operations | 19 |
| ITEM 7A | Quantitative and Qualitative Disclosures About Market Risks | 26 |
| ITEM 8 | Financial Statements and Supplementary Data | 27 |
| ITEM 9 | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 57 |
| ITEM 9A | Controls and Procedures | 57 |
| ITEM 9B | Other Information | 59 |
| ITEM 9C | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 59 |
| PART III | ||
| ITEM 10 | Directors, Executive Officers and Corporate Governance | 59 |
| ITEM 11 | Executive Compensation | 59 |
| ITEM 12 | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 59 |
| ITEM 13 | Certain Relationships and Related Transactions, and Director Independence | 59 |
| ITEM 14 | Principal Accountant Fees and Services | 59 |
| PART IV | ||
| ITEM 15 | Exhibits and Financial Statement Schedules | 60 |
| Exhibits | 62 | |
| Signatures | 64 | |
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Forward Looking Statements
This Annual Report on Form 10-K ("Form 10-K") contains statements that, to the extent they are not recitations of historical fact, constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All such statements are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and include this statement for purposes of such safe harbor provisions.
“Forward-looking” statements, as such term is defined by the Securities and Exchange Commission (the “SEC”) in its rules, regulations and releases, represent our expectations or beliefs, including, but not limited to, statements concerning our operations, economic performance, financial condition, growth and acquisition strategies, investments and future operational plans. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “forecast,” “seek,” “plan,” “predict,” “project,” “could,” “estimate,” “might,” “continue,” “seeking” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. These statements, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including, but not limited to, those identified in Item 1A, "Risk Factors” in this Form 10-K. All forward-looking statements made herein are qualified by these cautionary statements and risk factors and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized.
Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that occur or arise after the date hereof.
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.