0001104659-11-053432.txt : 20110927 0001104659-11-053432.hdr.sgml : 20110927 20110927092934 ACCESSION NUMBER: 0001104659-11-053432 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110927 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110927 DATE AS OF CHANGE: 20110927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEMIS CO INC CENTRAL INDEX KEY: 0000011199 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 430178130 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05277 FILM NUMBER: 111108631 BUSINESS ADDRESS: STREET 1: ONE NEENAH CENTER, 4TH FLOOR STREET 2: P.O. BOX 669 CITY: NEENAH STATE: WI ZIP: 54957-0669 BUSINESS PHONE: (920) 727-4100 MAIL ADDRESS: STREET 1: ONE NEENAH CENTER, 4TH FLOOR STREET 2: P.O. BOX 669 CITY: NEENAH STATE: WI ZIP: 54957-0669 8-K 1 a11-26867_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report — September 27, 2011

(Date of earliest event reported)

 

BEMIS COMPANY, INC.

(Exact name of Registrant as specified in its charter)

 

Commission File Number 1-5277

 

Missouri

 

43-0178130

(State or other jurisdiction of

 

(I.R.S. Employer

incorporation or organization)

 

Identification No.)

 

One Neenah Center, 4th Floor, P.O. Box 669, Neenah, Wisconsin  54957-0669

(Address of principal executive offices)

 

Registrant’s telephone number, including area code:  (920) 727-4100

 

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:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 8.01

 

Other Events.

 

For purposes of the Registration Statement on Form S-3 (Registration No. 333-160681) (the “Registration Statement”) of Bemis Company, Inc. (the “Company”), the Company’s computation of the Ratio of Earnings to Fixed Charges for the six month periods ended June 30, 2011 and 2010, and the years ended December 31, 2010, 2009, 2008, 2007 and 2006, is filed herewith as Exhibit 12 and is incorporated by reference into this Current Report on Form 8-K and the Registration Statement.

 

Item 9.01

 

Financial Statements and Exhibits.

 

 

 

(d)

 

Exhibits

 

 

 

12

 

Computation of the Ratio of Earnings to Fixed Charges for the six month periods ended June 30, 2011 and 2010, and the years ended December 31, 2010, 2009, 2008, 2007 and 2006.

 

2


 

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, thereunto duly authorized.

 

 

 

BEMIS COMPANY, INC.

 

 

 

 

By

/s/ Scott B. Ullem

 

By

/s/ Jerry S. Krempa

 

Scott B. Ullem, Vice President and

 

Jerry S. Krempa, Vice President and

 

Chief Financial Officer

 

Controller

 

 

 

 

 

Date:    September 27, 2011

 

3


 

Index to Exhibits

 

Exhibit No.

 

Description

 

 

 

12

 

Computation of the Ratio of Earnings to Fixed Charges for the six month periods ended June 30, 2011 and 2010, and the years ended December 31, 2010, 2009, 2008, 2007 and 2006

 

4

 EX-12 2 a11-26867_1ex12.htm EX-12

Exhibit 12

 

COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES

BEMIS COMPANY, INC.

(in thousands of dollars except ratio data)

(unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Six Months

 

 

 

For the Year Ended December 31,

 

Ended June 30,

 

 

 

2006

 

2007

 

2008

 

2009

 

2010

 

2010

 

2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EARNINGS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pretax income from continuing operations

 

$

289,336

 

$

289,605

 

$

268,525

 

$

240,310

 

$

327,284

 

$

142,811

 

$

170,656

 

Fixed charges

 

57,125

 

59,253

 

47,489

 

48,630

 

81,236

 

38,995

 

38,782

 

Less: Capitalized interest

 

(2,871

)

(4,220

)

(2,557

)

(1,111

)

(37

)

(7

)

(25

)

Less: Preference security dividend requirements

 

(1,379

)

(1,306

)

(1,590

)

(1,902

)

(3,090

)

0

 

0

 

Noncontrolling interest in pretax income of subsidiaries that have not incurred fixed charges

 

(6

)

0

 

0

 

0

 

0

 

0

 

0

 

Losses (gains) recognized in pre-tax income for less than 50% owned persons

 

(32

)

(933

)

(919

)

(2,163

)

(2,121

)

(1,394

)

(1,582

)

Capitalized interest amortization

 

752

 

803

 

841

 

886

 

987

 

493

 

484

 

TOTAL EARNINGS

 

$

342,925

 

$

343,202

 

$

311,789

 

$

284,650

 

$

404,259

 

$

180,898

 

$

208,315

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FIXED CHARGES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated interest expense

 

$

49,252

 

$

50,268

 

$

39,413

 

$

42,052

 

$

73,488

 

$

36,677

 

$

36,446

 

Capitalized interest

 

2,871

 

4,220

 

2,557

 

1,111

 

37

 

7

 

25

 

Total interest expense

 

52,123

 

54,488

 

41,970

 

43,163

 

73,525

 

36,684

 

36,471

 

Interest inherent in rent expense

 

3,623

 

3,459

 

3,929

 

3,565

 

4,621

 

2,311

 

2,311

 

Preference security dividend requirements

 

1,379

 

1,306

 

1,590

 

1,902

 

3,090

 

0

 

0

 

TOTAL FIXED CHARGES

 

$

57,125

 

$

59,253

 

$

47,489

 

$

48,630

 

$

81,236

 

$

38,995

 

$

38,782

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

 

6.0

 

5.8

 

6.6

 

5.9

 

5.0

 

4.6

 

5.4