LCI INDUSTRIES
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
LCII$97.81-4.6%Stored close · as of Nov 6, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-08-05.
0000763744-26-000070
ITEM 1A. – RISK FACTORSCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-11-05.
0000763744-26-000115
ITEM 1A. – RISK FACTORSThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 31 previous paragraphs and 32 current paragraphs.
27 unchanged; 3 reworded; 2 added; 0 removed; 1 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (2)
Current report
Actions taken by parties who oppose the Mergers could, among other things, negatively impact our ability to complete the Mergers or the timing thereof.
Current report
On October 22, 2026, we received an unsolicited, non-binding proposal from Monomoy Capital Partners (“Monomoy”) to acquire all of the outstanding shares of our common stock for $101.00 per share in cash (the “Monomoy Proposal”), and on October 30, 2026, we announced that our Board of Directors, in consultation with outside financial and legal advisors, unanimously determined that the Monomoy Proposal does not constitute a superior proposal and is not reasonably likely to lead to a superior proposal. At this time, we are not aware of what, if any, actions Monomoy will take to further its unsolicited proposal or more generally express its opposition to the Mergers. Any actions taken by Monomoy or other third parties who oppose the Mergers, even if ultimately unsuccessful, could negatively impact our ability to complete the Mergers or the timing thereof. Some of our stockholders may be persuaded to vote against approval of the Mergers as a result of the Monomoy Proposal or other actions that may be taken by Monomoy or other third parties who oppose the Mergers, and consequently, the required stockholder approval may not be obtained. Moreover, the review and consideration of the Monomoy Proposal (and any similar proposal that Monomoy or another party may make in the future) has been, and may continue to be, a distraction for our management and employees, and have required, and may continue to require, the expenditure of time and resources by us. The Monomoy Proposal may also result in uncertainty for our current and potential business partners, which may cause them to change their business relationship with us or otherwise disrupt our business.
Reworded paragraphs (3)
Previous wording
We have identified certain additional risk factors in connection with the Merger Agreement and the Mergers. These risks and the other risks associated with the Mergers will be more fully discussed in the joint proxy statement/prospectus that will be included in the registration statement on Form S-4 that Patrick intends to file with the SEC in connection with the Mergers.
Current wording
We have identified certain additional risk factors in connection with the Merger Agreement and the Mergers. These risks and the other risks associated with the Mergers are more fully discussed in the joint proxy statement/prospectus Patrick and we filed with the SEC on October 19, 2026 in connection with the Mergers.
Previous wording
Uncertainty about the effect of the Mergers on our employees and customers may have an adverse effect on us. These uncertainties may impair our ability to attract, retain, and motivate key personnel until the Mergers are completed and could cause customers and others that deal with us to seek to change existing business relationships with us. In addition, subject to certain exceptions, we have agreed to operate our business in the ordinary course in all material respects and to refrain from taking certain actions that may adversely affect our ability to consummate the transactions contemplated by the Merger
Current wording
Uncertainty about the effect of the Mergers on our employees and customers may have an adverse effect on us. These uncertainties may impair our ability to attract, retain, and motivate key personnel until the Mergers are completed and could cause customers and others that deal with us to seek to change existing business relationships with us. In addition, subject to certain exceptions, we have agreed to operate our business in the ordinary course in all material respects and to refrain from taking certain actions that may adversely affect our ability to consummate the transactions contemplated by the Merger Agreement on a timely basis without the consent of Patrick. These restrictions may prevent us from pursuing attractive business opportunities that may arise prior to the completion of the Mergers. Employee retention may be particularly challenging during the pendency of the Mergers, as employees may experience uncertainty about their roles with the combined company following the Mergers.
Previous wording
Securities class action lawsuits and derivative lawsuits are often brought against public companies that have entered into acquisition or merger agreements. Even if the lawsuits are without merit, defending against these claims can result in substantial costs and divert management time and resources. An adverse judgment could result in monetary damages, which could have a negative impact on our and Patrick’s respective liquidity and financial condition. Additionally, if a plaintiff is successful in obtaining an injunction prohibiting completion of the Mergers, that injunction may delay or prevent the Mergers from being completed, which may adversely affect our and Patrick’s businesses, financial positions and results of operations, as described above under “The Mergers are subject to conditions, including certain conditions that are beyond our and Patrick’s control and may not be satisfied at all or on a timely basis. Failure to complete the Mergers could have material and adverse effects on us.”
Current wording
Securities class action lawsuits and derivative lawsuits are often brought against public companies that have entered into acquisition or merger agreements. Even if the lawsuits are without merit, defending against these claims can result in substantial costs and divert management time and resources. An adverse judgment could result in monetary damages, which could have a negative impact on our and Patrick’s respective liquidity and financial condition. Additionally, if a plaintiff is successful in obtaining an injunction prohibiting completion of the Mergers, that injunction may delay or prevent the Mergers from being completed, which may adversely affect our and Patrick’s businesses, financial positions and results of operations, as described above under “The Mergers are subject to conditions, including certain conditions that are beyond our and Patrick’s control and may not be satisfied at all or on a timely basis. Failure to complete the Mergers could have material and adverse effects on us.” Although neither we nor Patrick are aware of any pending lawsuits relating to the Mergers, lawsuits arising out of or in connection with the Mergers could be filed in the future, and we and Patrick have both received demand letters from purported shareholders that allege deficiencies and/or omissions in the preliminary joint proxy statement/prospectus filed by Patrick with the SEC on September 23, 2026 or the joint proxy statement/prospectus filed by Patrick and the Company on October 19, 2026 and seek additional disclosures to remedy these purported deficiencies.
Rearranged previous paragraphs (1)
Previous report — wording carried elsewhere
Agreement on a timely basis without the consent of Patrick. These restrictions may prevent us from pursuing attractive business opportunities that may arise prior to the completion of the Mergers. Employee retention may be particularly challenging during the pendency of the Mergers, as employees may experience uncertainty about their roles with the combined company following the Mergers.