-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, L3upYaUWq3eNMFBzJcYzeulpL1IAw8OdXDqggHP35jeBBIRkAQtgGJUMzyQWtVhX CSLikd2cdmXWE0N762KDTg== 0001038838-05-000234.txt : 20050222 0001038838-05-000234.hdr.sgml : 20050221 20050222142118 ACCESSION NUMBER: 0001038838-05-000234 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040602 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050222 DATE AS OF CHANGE: 20050222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEADWATERS INC CENTRAL INDEX KEY: 0001003344 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRODUCTS OF PETROLEUM & COAL [2990] IRS NUMBER: 870547337 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27808 FILM NUMBER: 05630586 BUSINESS ADDRESS: STREET 1: 10653 SOUTH RIVERFRONT PARKWAY STREET 2: SUITE 300 CITY: SOUTH JORDAN STATE: UT ZIP: 84095 BUSINESS PHONE: 801-984-9400 MAIL ADDRESS: STREET 1: 10653 SOUTH RIVERFRONT PARKWAY STREET 2: SUITE 300 CITY: SOUTH JORDAN STATE: UT ZIP: 84095 FORMER COMPANY: FORMER CONFORMED NAME: COVOL TECHNOLOGIES INC DATE OF NAME CHANGE: 19951113 8-K 1 form8kjune204.txt FORM 8-K DATED JUNE 2, 2004 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 2, 2004 Headwaters Incorporated ----------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-27808 87-0547337 - ---------------------------- ------------- ---------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification Number) 10653 South River Front Parkway, Suite 300 South Jordan, UT 84095 --------------------------------------- ----------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (801) 984-9400 Not Applicable ----------------------------------------------------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) The purpose of this Form 8-K is to provide supporting schedules for the historical financial information for Eldorado Stone, LLC ("Eldorado") and Tapco Holdings, Inc. ("Tapco"), two companies acquired by Headwaters in fiscal 2004, which information was filed in our Form 8-K on February 7, 2005. The historical financial information for Eldorado and Tapco was included in our unaudited pro forma condensed combined statement of income for the year ended September 30, 2004. Item 9.01: Financial Statements and Exhibits. (b) The following unaudited historical financial information for Eldorado and Tapco is included herein: Eldorado: Condensed combining statement of operations for the period October 1, 2003 through May 31, 2004 Tapco: Condensed combining statement of operations for the period October 1, 2003 through September 7, 2004 -2-
Eldorado Stone LLC Unaudited Condensed Combining Statement of Operations For the period October 1, 2003 through May 31, 2004 Three months Three months April 1, 2004 ended ended through (in thousands) December 31, 2003 March 31, 2004 May 31, 2004 Reclassification Combined - ------------------------------------------------------------------------------------------------------------------------------------ Revenue: Sales of construction materials $ 28,173 $ 27,763 $ 22,555 $ 78,491 ---------------------------------------------------------------------------------- Total revenue 28,173 27,763 22,555 78,491 ---------------------------------------------------------------------------------- Operating costs and expenses: Cost of construction materials sold 18,400 17,910 13,714 $ 4,575 54,599 Depreciation and amortization 3,345 3,346 2,368 (4,575) 4,484 Selling, general and administrative 4,233 5,274 4,252 13,759 ---------------------------------------------------------------------------------- Total operating costs and expenses 25,978 26,530 20,334 72,842 ---------------------------------------------------------------------------------- Operating income 2,195 1,233 2,221 5,649 ---------------------------------------------------------------------------------- Other income (expense): Interest and net investment income Interest expense (1,301) (1,380) (960) (3,641) Other, net ---------------------------------------------------------------------------------- Total other expense, net (1,301) (1,380) (960) (3,641) ---------------------------------------------------------------------------------- Income before income taxes 894 (147) 1,261 2,008 Income tax provision - ---------------------------------------------------------------------------------- Net income $ 894 $ (147) $ 1,261 $ 2,008 ================================================================================== -3-
Tapco Holdings, Inc. Unaudited Condensed Combining Statement of Operations For the period October 1, 2003 through September 7, 2004 One month Nine months August 1, 2004 ended ended through (in thousands) October 31, 2003 July 31, 2004 September 7, 2004 Reclassification Combined - ------------------------------------------------------------------------------------------------------------------------------------ Revenue: Sales of construction materials $ 22,723 $ 171,339 $ 27,401 $ 221,463 ----------------------------------------------------------------------------------- Total revenue 22,723 171,339 27,401 221,463 ----------------------------------------------------------------------------------- Operating costs and expenses: Cost of construction materials sold 13,724 94,979 16,893 125,596 Depreciation and amortization $ 2,121 2,121 Selling, general and administrative 3,859 28,291 36,011 (2,121) 66,040 ----------------------------------------------------------------------------------- Total operating costs and expenses 17,583 123,270 52,904 193,757 ----------------------------------------------------------------------------------- Operating income 5,140 48,069 (25,503) 27,706 ----------------------------------------------------------------------------------- Other income (expense): Interest and net investment income 3 3 Interest expense (2,649) (19,499) (10,947) (33,095) Other, net 24 100 (158) (34) ----------------------------------------------------------------------------------- Total other expense, net (2,625) (19,396) (11,105) (33,126) ----------------------------------------------------------------------------------- Income before income taxes 2,515 28,673 (36,608) (5,420) Income tax provision (1,092) (10,601) 13,702 2,009 ----------------------------------------------------------------------------------- Net income 1,423 18,072 (22,906) (3,411) Preferred stock dividend (8,483) (8,483) ----------------------------------------------------------------------------------- Net income (loss) attributable to common stockholders $ 1,423 $ 18,072 $ (31,389) $ (11,894) ===================================================================================
-4- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 22, 2005 HEADWATERS INCORPORATED (Registrant) By: /s/ Kirk A. Benson ----------------------------- Kirk A. Benson Chief Executive Officer (Principal Executive Officer) -5- -----END PRIVACY-ENHANCED MESSAGE-----