In general Established in 1981 to produce and market handcrafted beer, Craft Brew Alliance, Inc. Our six company-owned breweries produce, market nationally creative packaged and draft products for the Kona, Widmer Brothers, Redhook, Omission and Square Mile brands. We run five bars that highlight our products, provide dining and entertainment options, and retail merchandise sales. Under the trading symbol "BREW," our common stock exchanges on the Nasdaq Stock Market Our products are sold locally in every one of the 50 states. Mostly through a set of distribution agreements with Anheuser-Busch, LLC ("A-B"), a major shareholder, this national presence was developed. We and A-B signed three agreements in an exchange and recapitalization agreement (as modified, the "Exchange Agreement"), a master distributor agreement (as modified, the "A-B Distributor Agreement"), and a registration rights agreement that together define our current relationship wi
Because they depend on management to make assumptions in the qualitative assessment of pertinent events and circumstances and to estimate the fair value of our reporting units and indefinite-lived intangible assets, including estimating future cash flows, our goodwill and other indefinite-lived intangible asset impairment loss calculations contain uncertainties. These computations include uncertainty since they call for management to make assumptions and apply judgment to estimate economic factors and, if necessary, the fair value of the assets and liabilities of a reporting unit. Furthermore influencing our potential to realize the future cash flows utilized in our fair value estimates are variations in such elements as economic conditions, our operational performance, our industry and business plans We do not think there is a reasonable chance that the future estimates or assumptions we apply to check for impairment losses on goodwill would show a meaningful change. Our yearly impai