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over financial reporting is found to be ineffective or if we identify a material weakness in our financial reporting in
future periods, investors may lose confidence in the reliability of our financial statements, which may adversely affect
our stock price.
From time to time we may become subject to income tax audits or similar proceedings, and as a result we may incur additional
costs and expenses or owe additional taxes, interest and penalties that may negatively impact our operating results.
We are subject to income taxes in the United States and certain foreign jurisdictions, and our determination of
our tax liability is subject to review by applicable domestic and foreign tax authorities. For example, as we have pre-
viously disclosed, we are under examination by the Internal Revenue Service for certain fiscal years and in connection
with that examination, we received Revenue Agent Reports seeking certain adjustments to income as disclosed in Part
II, Item 8, Note 9 in the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K.
Although we believe our tax positions are properly supported, the final timing and resolution of the notice of pro-
posed adjustment and the audits are subject to significant uncertainty and could result in our having to pay amounts
to the applicable tax authority in order to resolve examination of our tax positions, which could result in an increase or
decrease of our current estimate of unrecognized tax benefits and may negatively impact our financial position, results
of operations, net income or cash flows.
Item 1B. Unresolved Staff Comments
Not applicable.
Item 2.
Properties
Our principal executive offices are located in Irvine, California. Our leased facilities are occupied under leases
that expire at various times through 2022.
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