Business Context and Reporting Period
This Form 8-K filing by LeMaitre Vascular, Inc. (Delaware) was submitted on March 23, 2015, with a report date of March 27, 2015. The filing addresses a change in the Company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the administrative change of the external auditor.
Material Changes
- Appointment of New Auditor: The Audit Committee approved the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2015, effective March 23, 2015.
- Dismissal of Prior Auditor: Ernst & Young LLP (EY) was dismissed as the independent registered public accounting firm. EY was notified of this dismissal on March 24, 2015.
- Audit History: EY's reports for the fiscal years ended December 31, 2014, and December 31, 2013, contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements between the Company and EY on accounting principles, practices, disclosures, or audit scope during the two most recent fiscal years or through the date of this report.
- Reportable Events: No "reportable events" as defined in Regulation S-K, Item 304(a)(1)(v) occurred during the two most recent fiscal years or through the date of this report.
- Consultations: The Company did not consult with Grant Thornton regarding matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K during the two most recent fiscal years or through the date of this report.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of business risks. It includes a standard disclosure that a letter from EY addressed to the SEC, confirming agreement with the statements regarding the dismissal, is filed as Exhibit 16.1.
Investor Verification Checklist
- Verify the content of Exhibit 16.1 (EY's letter to the SEC) to confirm the former auditor's stance on the dismissal.
- Review the Company's subsequent filings (e.g., 10-K or 10-Q) to assess the impact of the auditor change on future financial reporting.
- Confirm the effective date of Grant Thornton's engagement (March 23, 2015) against the Company's internal audit committee minutes if available.