-----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, VrngvV/kwStlq+uxlEC+4ZNzFEiTa9wusuY9cXeoXN0fyiKy887Ys/BIVvyMNGxx xK9x0Mb9n6ektCoQknEAsQ== 0000950152-99-006340.txt : 19990809 0000950152-99-006340.hdr.sgml : 19990809 ACCESSION NUMBER: 0000950152-99-006340 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990730 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARRIS CORP /DE/ CENTRAL INDEX KEY: 0000202058 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 340276860 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03863 FILM NUMBER: 99675259 BUSINESS ADDRESS: STREET 1: 1025 W NASA BLVD CITY: MELBOURNE STATE: FL ZIP: 32919 BUSINESS PHONE: 4077279125 MAIL ADDRESS: STREET 1: 1025 W NASA BLVD CITY: MELBOURNE STATE: FL ZIP: 32919 FORMER COMPANY: FORMER CONFORMED NAME: HARRIS SEYBOLD CO DATE OF NAME CHANGE: 19600201 8-K 1 HARRIS CORPORATION 1 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): July 30, 1999 HARRIS CORPORATION ---------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-3863 34-0276860 - ------------------------------- ------------------------ ------------------- (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation) Identification No.) 1025 West NASA Blvd., Melbourne, FL 32919 ----------------------------------------- --------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (407) 727-9100 No Change ---------------------------------------------------------------- (Former name or former address, if changed since last report.) 2 Items 1-4. Not Applicable. Item 5. Other Events. ------------- On July 28, 1999 Harris Corporation (the "Company") made publicly available its annual earnings press release, including its financial results for the fiscal year ended July 2, 1999. Results presented were reported on a continuing operations basis and correspondingly included restated financial results for comparable prior periods. The Company is providing herewith quarterly financial information for the first three quarters of fiscal year 1999 which is restated to reflect continuing operations. Such financials are filed herewith as Exhibit 99 Item 6. Not Applicable. Item 7. Financial Statements and Exhibits. ---------------------------------- (a) Financial Statements. None. (b) Pro Forma Financial Information. None. (c) Exhibits. The following document is filed as an Exhibit to this Report: 99. Harris Corporation Unaudited Consolidated Statement of Income for the quarters ended October 2, 1998, January 1, 1999, April 2, 1999 and July 2, 1999. Items 8-9. Not Applicable. 3 SIGNATURE 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. HARRIS CORPORATION By: /s/ David S. Wasserman ---------------------------------------- Name: David S. Wasserman Title: Vice President & Treasurer Date: July 30, 1999 4 EXHIBIT INDEX Exhibit No. Under Reg. S-K, Item 601 Description - ----------------- ------------------------------- 99. Harris Corporation Unaudited Consolidated Statement of Income for the quarters ended October 2, 1998, January 1, 1999, April 2, 1999 and July 2, 1999. EX-99 2 EXHIBIT 99 1 EXHIBIT 99 HARRIS CORPORATION UNAUDITED CONSOLIDATED STATEMENT OF INCOME FOR THE QUARTERS ENDED OCTOBER 2, 1998, JANUARY 1, 1999, APRIL 2, 1999 AND JULY 2, 1999* --------------------- (In millions, except per share amounts)
Quarters Ended (Unaudited) ------------------------------------------------- October 2 January 1 April 2 July 2 1998 1999 1999 1999 ------- ------- ------- ------- REVENUE Revenue from product sales, rentals, and services $ 412.6 $ 417.5 $ 445.4 $ 468.0 COSTS AND EXPENSES Cost of product sales, rentals, and services 302.6 296.9 327.3 351.5 Engineering, selling and administrative expenses 86.5 98.7 87.4 111.7 Restructuring expenses -- -- -- 5.1 Special charge for litigation costs 20.6 -- -- -- Interest 2.8 (0.2) 5.1 2.1 Other-net (11.2) (5.1) (9.1) (7.2) ------- ------- ------- ------- 401.3 390.3 410.7 463.2 ------- ------- ------- ------- Income from continuing operations before income taxes 11.3 27.2 34.7 4.8 Income taxes 4.1 9.8 12.5 1.7 ------- ------- ------- ------- Income from continuing operations before extraordinary item 7.2 17.4 22.2 3.1 Discontinued operations net of income taxes 21.2 35.4 19.2 (63.4) ------- ------- ------- ------- Income (loss) before extraordinary item 28.4 52.8 41.4 (60.3) Extraordinary loss from early retirement of debt net of income taxes -- -- -- (9.2) ------- ------- ------- ------- Net income (loss) $ 28.4 $ 52.8 $ 41.4 $ (69.5) ======= ======= ======= ======= NET INCOME (LOSS) PER COMMON SHARE Basic: Continuing operations before extraordinary item $ 0.09 $ 0.22 $ 0.28 $ 0.04 Discontinued operations 0.27 0.44 0.24 (0.80) Extraordinary loss -- -- -- (0.12) ------- ------- ------- ------- $ 0.36 $ 0.66 $ 0.52 $ (0.88) ======= ======= ======= ======= Diluted: Continuing operations $ 0.09 $ 0.22 $ 0.28 $ 0.04 Discontinued operations 0.27 0.44 0.24 (0.80) Extraordinary loss -- -- -- (0.12) ------- ------- ------- ------- $ 0.36 $ 0.66 $ 0.52 $ (0.88) ======= ======= ======= ======= Cash dividends paid per common share 0.24 0.24 0.24 0.24 Average diluted shares outstanding 79.9 79.8 79.7 79.4
* All financial information for periods preceding the quarter ended July 2, 1999 have been restated to reflect continuing operations of the Company. -----END PRIVACY-ENHANCED MESSAGE-----