Changed Risks for NORTHWEST PIPE CO (NWPX)

Here are risks that changed year over year. risks from the recent filings of NORTHWEST PIPE CO. Our algorithms work hard to highlight risks unique to this company.

and Estimates

Adoption of

and Off

facilities

may affect our future results of operations

Assets, Net

Remaining

As Reported

Our business may be adversely impacted by work stoppages, staffing shortages

Comprehensive Loss Components

Intangible

Common Stock

d Public Accounting Firm

ould adversely affect our business

2018

Amortization

2017

2016

Fluctuations in steel prices and availability

Adjustment for

Topic 606

Value

Amount

facilit

could result in our indebtedness being immediately due and payable, which

Year ending December 31,

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

Quarter

Backlog

BUSINESS COMBINATION

Liabilities and Stockholders’ Equity

or cash flows

could have a material adverse effect on our business, financial condition, results of operations

Adjustment

Stockholders'

acquired

-based Compensation

The success of our business is affected by general economic conditions, and our business may be adversely affected by an economic slowdown or recession

per Share

As of December 31, 2018

For the Year Ended December 31, 2018

Change in Accounting Principle

For the Year Ended December 31, 2017

Contractual

As of December 31, 2017

Life

Comprehensive

INCOME TAXES

health

We have a foreign operation which exposes us to the risks of doing business abroad

December 31, 2018

Year Ended December 31, 2018

Gain on sale of

nternal controls

Options

Management’s Report on Internal Control over Financial Reporting

- Integrated Framework

and administrative expense

REVENUE

Failure to implement i

could

Internal Control

of Operations

A downturn in government spending related to public water transmission projects

Net Cash

Accumulated

ompany and our business If any of the following risks actually occur, our business, financial condition, results of operations

Total purchase consideration

Internal Control - Integrated Framework (2013)

Provided by (

Gross Carrying

Shares

Certain provisions of our governing documents and Oregon law could discourage potential acquisition proposals

Earnings

We may be subject to claims for damages for defective products, which could adversely affect our business, financial position, results of operations

Beginning of

Paid-In-

Operating problems in our business could adversely affect our business, financial position, results of operations,

NORTHWEST PIPE COMPANY AND SUBSIDIARIES

Opinions on the Financial Statements and Internal Control over Financial Reporting

January 1,

recognition of revenue over time

Recent

Our debt obligations and t

Retained

have a material adverse effect on our business, financial condition, results of operations

Effects of

companies could increase risk of material weaknesses

Contract

Contractual Obligations, Commitments,

the integration of Ameron and future

Balance

and high density polyethylene (“HDPE”)

Liabilities

Outstanding

Period

Selling, general

Pension Liability

Flow Hedges

concrete, ductile iron, PVC

and safety laws, which may require us to incur substantial compliance and remediation costs, thereby reducing our profits

Comprehensive Loss

Level 1

Additional

Level 3

Level 2

potential acquisitions

Capital

Other

Equity

Income (

Balance Sheet Arrangements

Assets and Liabilities

Business Combinations

Bargain purchase gain

Tariffs could adversely affect our business

We face risks in connection with

and other labor matters

Schedule II

Price

Used in

Consolidated Balance Sheet

(in thousands)

PSAs (1)

Reserves

Our failure to comply with covenants in our debt agreement

or cash flows could be materially and adversely affected, and the value of our stock could decline The risks and uncertainties described below are those that we currently believe may materially affect our

Loss

Without

Year Ended December 31, 201

Accounting Pronouncements

Miles Brittain

Adjustments

Site

general economic slowdown could cause us to be unable to obtain financing and expose us to risks related to the overall macro-economic environment, which could have a material adverse effect on our business, financial condition, results of operations

INCOME (

We are subject to stringent environmental

Total

(in years)