FY2021 10-K Document - FINAL 11 15 21 - Flipbook - Page 86
Table of Contents
MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as
such term is defined in Rule 13a-15(f) and 15d-15(f) of the Exchange Act. Under the supervision and with the
participation of our management, including the Chief Executive Officer and Chief Financial Officer, we conducted an
evaluation of the effectiveness of our internal control over financial reporting as of October 2, 2021 based upon the
framework in Internal Control - Integrated Framework (2013) by the Committee of Sponsoring Organizations of the
Treadway Commission (COSO). Based on that evaluation, our management concluded that our internal control over
financial reporting is effective as of October 2, 2021.
We completed one acquisition in 2021, which was excluded from our management’s report on internal control over
financial reporting as of October 2, 2021. On December 18, 2020, we acquired Genesys Aerosystems Group, Inc.
This acquisition is included in our 2021 consolidated financial statements and constituted $90.6 million and $81.7
million of total and net assets, respectively, as of October 2, 2021 and $44.2 million and $3.4 million of net sales and
net earnings, respectively, for the year then ended.
Ernst & Young LLP, independent registered public accounting firm, has audited our consolidated financial statements
included in this Annual Report on Form 10-K and, as part of their audit, has issued their report, included herein, on the
effectiveness of our internal control over financial reporting.
/s/ JOHN R. SCANNELL
John R. Scannell
Chief Executive Officer
(Principal Executive Officer)
/s/ JENNIFER WALTER
Jennifer Walter
Vice President,
Chief Financial Officer
(Principal Financial Officer)
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