Company: PBH
Filing Date: 2025-05-09
Form Type: 10-K
Source: 0001295947-25-000017
Chunk: 41

Company: Prestige Consumer Healthcare Inc.
Filing Date: 2025-05-09
Form: 10-K
Item: Item 1A
Chunk 41
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 it more difficult for a third-party to acquire or attempt to acquire control of our Company.  In addition, we are subject to certain provisions of Delaware law that limit, in some cases, our ability to engage in certain business combinations with significant stockholders.

These provisions, either alone, or in combination with each other, give our current directors and executive officers the ability to significantly influence the outcome of a proposed acquisition of the Company.  These provisions would apply even if an acquisition or other significant corporate transaction was considered beneficial by some of our stockholders.  If a change in control or change in management is delayed or prevented by these provisions, the market price of our outstanding securities could be adversely impacted.

Changes in our provision for income taxes or adverse outcomes resulting from examination of our income tax returns or a determination of tax jurisdiction could adversely affect our results. 

Our provision for income taxes is subject to volatility and could be adversely affected by several factors, some of which are outside of our control, including:  

•Changes in the income allocation methods for state taxes, and the determination of which states or countries have jurisdiction to tax our Company;  

•An increase in non-deductible expenses for tax purposes, including certain stock-based compensation, executive compensation and impairment of goodwill; 

•Transfer pricing adjustments;  

•Tax assessments resulting from tax audits or any related tax interest or penalties that could significantly affect our income tax provision for the period in which the settlement takes place; 

•Tax liabilities from acquired businesses;

•Changes in accounting principles; and

•Changes in tax laws or related interpretations, accounting standards, regulations and interpretations in multiple tax jurisdictions in which we operate. 

Significant judgment is required to determine the recognition and measurement of the attributes prescribed in Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 740.  As a multinational corporation, we conduct our business in several countries and are subject to taxation in many jurisdictions.  The taxation of our business is subject to the application of multiple and sometimes conflicting tax laws and regulations as well as multinational tax 

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conventions.  Our effective tax rate is dependent upon the availability of tax credits and carryforwards.  The application of tax laws and regulations is subject to legal and factual interpretation, judgment and uncertainty.  Tax laws themselves are subject to change as a result of changes in fiscal policy, changes in legislation and the evolution of regulations and court rulings.  Consequently, taxing authorities may impose tax assessments or judgments against us that could materially impact our tax liability and/or our