Item 4. CONTROLS AND PROCEDURES
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Item 4. CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures
Under the supervision and with the participation of management, including
our principal executive officer and
principal financial officer, we evaluated the effectiveness of the design and operation of our disclosure controls and
procedures as of the end of the period covered by this quarterly report
as such term is defined in Rules 13a-15(e)
and 15d-15(e) promulgated under the Securities Exchange Act of 1934, as
amended (the “Exchange Act”).
Based
on this evaluation, our management, including our principal executive officer and principal
financial officer,
concluded that our disclosure controls and procedures were effective as of March
26, 2022, to ensure that all
material information required to be disclosed by us in reports that we file
or submit under the Exchange Act is
accumulated and communicated to them as appropriate to allow timely
decisions regarding required disclosure and
that all such information is recorded, processed, summarized and reported
within the time periods specified in the
SEC’s rules and forms.
Changes in Internal Control over Financial Reporting
The combination of continued acquisition integrations and system
implementation undertaken during the quarter
and carried over from prior quarters when considered in the aggregate, represents
a material change in our internal
control over financial reporting.
During the three months ended March 26, 2022, post-acquisition integration
related activities continued for our
dental and medical businesses acquired during prior quarters.
These acquisitions, the majority of which utilize
separate information and financial accounting systems, have been
included in our consolidated financial statements
since their respective dates of acquisition.
In addition, during the quarter ended March 26, 2022, we completed the
systems implementation activities to
upgrade the warehouse management system for our Australian dental
business.
All continued acquisition integrations and systems implementation involve
necessary and appropriate change-
management controls that are considered in our quarterly assessment of
the design and operating effectiveness of
our internal control over financial reporting.
Limitations of the Effectiveness of Internal Control
A control system, no matter how well conceived and operated, can provide
only reasonable, not absolute, assurance
that the objectives of the internal control system are met.
Because of the inherent limitations of any internal control
system, no evaluation of controls can provide absolute assurance that all control
issues, if any, within a company
have been detected.
PART
II.
OTHER INFORMATION
ITEM 1.
LEGAL PROCEEDINGS
For a discussion of Legal Proceedings, see
of the Notes to the Condensed Consolidated
Financial Statements included under Item 1.
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