On the Surface

Table of Contents
Page
Part I
Item 1 Business 3
Introduction 3
Information Related to Business Segments 4
Information with Respect to Our Business in General 6
Item 1A Risk Factors 10
Item 1B Unresolved Staff Comments 16
Item 2 Properties 16
Item 3 Legal Proceedings 18
Item 4 Submission of Matters to a Vote of Security Holders 19
Part II
Item 5 Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities 21
Item 6 Selected Financial Data 23
Item 7 Management’s Discussion and Analysis of Financial Condition and Results of Operations 24
Financial Measures 24
Revenues – Defined 25
General Company Overview and Outlook 26
Matters Affecting Comparability 27
Results of Operations 28
Liquidity and Capital Resources 44
Capital Expenditures 48
Contractual and Commercial Commitments 49
Critical Accounting Policies, Estimates, and Assumptions 50
Recently Issued Accounting Standards Impacting the Company 55
Inflation 55
Forward-Looking Statements 56
Item 7A Quantitative and Qualitative Disclosures About Market Risk 57
Interest Rate Risk 57
Foreign Currency Risk 57
Commodity Risk 57
Item 8 Financial Statements and Supplementary Data 58
Item 9 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 106
Item 9A Controls and Procedures 107
Item 9B Other Information 109
Part III
Item 10 Directors, Executive Officers and Corporate Governance 109
Item 11 Executive Compensation 109
Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 109
Item 13 Certain Relationships and Related Transactions, and Director Independence 110
Item 14 Principal Accountant Fees and Services 110
Part IV
Item 15 Exhibits and Financial Statement Schedule 111
Signatures 114