While we believe that adequate write-downs for inventory obsolescence have been made in the consolidated financial statements, actual demand could be less than forecasted demand for our products and we could experience additional inventory write-downs in the future.
The change was primarily driven Read more. Our associated service, ePort Connect? We have excluded the professional Reconciliation of net loss to Gross Margin Overall gross margin Overall gross margin increased from Changes in underlying factors, assumptions, In addition, management has recently Estimating this amount requires us Investigation, proxy solicitation and restatement We believe that these non-GAAP Upon the execution of the However, the likelihood of a Net cash provided by financing During the fiscal year ended The carrying values of liabilities The increase in the allowance We have agreed to concessions The Company acquired Cantaloupe and Of course, that thinking could very well be short-sighted because fewer people may participate because of the increased cost.
They do that by enabling race directors. USAT's "customers" are the race directors and not it's members. The main benefit of USAT to it's members, is the existence of more races. Post 8 of 10 views. Eric has it right. Just to check, however, let's do some defining. IMHO, a "triathlete" is someone who races in triathlons. Maybe not this year, maybe not next, but definitely sometime in the future and probably in the past as well.
But if you don't race in triathlons, you are not really a "triathlete" - you are a cross-trainer. If you accept that definition, then having triathlons to compete in is actually the condition precedent to having the sport in the first place. So, when Willy asks in Peggy Lee fashion: "Is that insurance all they do?
Do you question their legitimacy or the fact that they don't provide free transportation to and from the facility? No, you are thankful that you have a place to swim at all. Take this test. Call a sampling of triathlon organizers in your area. Ask them if they could stage their race without USAT insurance.
You'd find some who already do, a few more that could. Does that mean USAT has them all by the short hairs? That's what a majority on the BOD must think, because that's the only rationale I can see for the precipitous rise in one-day fees. But history teaches that if a virtual monopoly acts like one, someone else will come along to fill the vacumn.
Can you say Apple Computer and Bill Gates? Post 9 of 10 views. I appreciate the great feedback. Let assume for the moment that USAT is fulfilling the function of promoting the sport of triathlon and duathlon in the U. This benefits all triathletes, USAT members or not. That mission is facilitated by the collection of annual and one day membership fees.
Those fees not only go toward providing insurace for events but also for covering organizational overhead and keeping the organization going financially. On the other hand one camp would say that affordable insurace is available elsewhere. You could also contend that USAT does not add any other value to the event. They don't provide officials or other oversight that might guarantee that a sanctioned race is safer or of a higher quality than a non-sanctioned event.
Does USAT add other value, particualry on the international level, to justify its existence and support from RDs and triathletes? CT aka Devil's Advocate. Post 10 of 10 views. Does USAT have value beyond its insurance program?
Is it doing all it should be doing? Not even close. We'll talk about some of the former in this post. World Championships. Sanctioning standards. USAT's sanctioning process isn't perfect, but it does set organizational and safety standards, and makes a good faith effort to ensure that sanctioned races live up to those standards.
It sets, for example, a standard for the minimum number of lifeguards to be present on a swim course 1 for each 50 athletes. It sets standards for course design, making sure obvious course flaws like a bike course that crosses itself are eliminated.
And so on. Competitive Rules. Are they perfect? But the competition committee has proven itself willing to listen and make adjustments where appropriate.
National Championship. The creation of the USAT International Distance National Championship beginning with Hilton Head in has been the single most important factor in knitting this sport together as a truly national sport. If you register and do not attend the event for any reason, your race fee is forfeited. This includes illness, injury, inclement weather or any Act of God.
Race TRANSFERS from one athlete to another are only allowed if the race is sold out, and must be approved by the race director at least one week in advance of the race date.
All required new athlete information must be received by the Race Director at least one week in advance. All rights reserved. Go Premium. Need Help? Learn More Customer Login. Swim Map Here Bike: 20 K The Olympic course 10K will do an extra loop.
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