-----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, UDPyxbLW5cnSaFKZJ6UsJxG99yQLyNUh7asnOlTHgSLGkoJLXZtN5INqy9R1aNO/ 4asNd7vcM4OjcOpb+VeFTA== 0000940397-02-000055.txt : 20020806 0000940397-02-000055.hdr.sgml : 20020806 20020806110340 ACCESSION NUMBER: 0000940397-02-000055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020805 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COACHMEN INDUSTRIES INC CENTRAL INDEX KEY: 0000021212 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR HOMES [3716] IRS NUMBER: 351101097 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07160 FILM NUMBER: 02720283 BUSINESS ADDRESS: STREET 1: 2831 DEXTER DR CITY: ELKHART STATE: IN ZIP: 46514 BUSINESS PHONE: 2192620123 MAIL ADDRESS: STREET 1: 2831 DEXTER DR CITY: ELKHART STATE: IN ZIP: 46514 8-K 1 coach8kdiv2.txt REPORT 2ND QUARTER DIVIDEND 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): AUGUST 5, 2002 - -------------------------------------------------------------------------------- COACHMEN INDUSTRIES, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) INDIANA 1-7160 35-1101097 - -------------------------------------------------------------------------------- (State or other (Commission File (IRS Employer jurisdiction Number) Identification No.) of incorporation) 2831 Dexter Drive ELKHART, INDIANA 46514 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (574) 262-0123 - -------------------------------------------------------------------------------- NOT APPLICABLE - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 ITEM 5. OTHER EVENTS. On August 5, 2002, the Company issued a press release announcing a $.06 per share cash dividend and the Company's plans to resume share repurchases under its existing share repurchase program. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and incorporated by reference herein. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) The following exhibits are filed as a part of this Report: 99.1 Press Release dated August 5, 2002. 2 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. COACHMEN INDUSTRIES, INC. By: /S/ RICHARD M. LAVERS Richard M. Lavers Executive Vice President, General Counsel and Secretary Date: August 6, 2002 3 4 EXHIBIT INDEX EXHIBIT SEQUENTIALLY NUMBER DESCRIPTION NUMBERED PAGE - ------ ----------- ------------- 99.1 Press Release dated August 5, 2002 5 4 EX-99 3 coa2divpr.txt PRESS RELEASE FOR 2ND QUARTER DIVIDENT 5 EXHIBIT 99.1 COACHMEN INDUSTRIES, INC. 2831 Dexter Drive P.O. Box 3300 Elkhart, Indiana 46515 574/262-0123 Fax 574/262-8823 NEWS RELEASE For immediate release Monday, August 5, 2002 COACHMEN INDUSTRIES, INC. ANNOUNCES 20% INCREASE IN QUARTERLY DIVIDEND; COMPANY TO RESUME SHARE REPURCHASE PROGRAM ELKHART, IND. - Coachmen Industries, Inc. (NYSE: COA) today announced that its Board of Directors has increased the Company's quarterly dividend from $0.05 to $0.06 per share. The $0.06 dividend will be distributed on September 12, 2002 to shareholders of record as of August 22, 2002. This is the 80th consecutive quarter that Coachmen Industries has paid dividends. The Company has approximately 16.0 million shares of common stock outstanding. Coachmen Industries also announced that, depending on market conditions, the Company intends to repurchase additional shares of its common stock. The Company is authorized to repurchase up to 871,000 additional shares under its current share repurchase program. Claire C. Skinner, Chairman, Chief Executive Officer and President, remarked, "Increasing shareholder value is our highest priority. We are very pleased to reward our shareholders with a 20 percent increase in our quarterly dividend. Additionally, we clearly recognize the value to our investors of buying back our common stock at prices we consider to be very good investments. These initiatives, plus our significant progress on improving our financial performance in 2002, should translate into even further increases in shareholder value." Founded in 1964, Coachmen Industries, Inc. is one of the nation's leading manufacturers of recreational vehicles with well-known brand names including Coachmen(R), Georgie Boy(R), Shasta(R) and Viking(R). Coachmen Industries is also the largest modular home producer in the nation with its All American Homes(R) and Mod-U-Kraf(R) subsidiaries. Modular commercial and telecommunication structures are manufactured by the Company's Miller Building Systems subsidiary. Prodesign, a custom thermoformer of composite and plastic parts, supplies components to numerous industries. Coachmen is a publicly held company with stock listed on the New York Stock Exchange (NYSE) under the COA ticker symbol. - MORE - Dedicated to the Enrichment of Your Life 6 Coachmen Industries, Inc. Increases Dividend, To Resume Share Repurchase Program Page 2 August 5, 2002 THIS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS, WHICH ARE INHERENTLY UNCERTAIN. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THAT PROJECTED OR SUGGESTED DUE TO CERTAIN RISKS AND UNCERTAINTIES INCLUDING, BUT NOT LIMITED TO THE POTENTIAL FLUCTUATIONS IN THE COMPANY'S OPERATING RESULTS, THE CONDITION OF THE TELECOMMUNICATIONS INDUSTRY WHICH PURCHASES MODULAR STRUCTURES, THE AVAILABILITY AND THE PRICE OF GASOLINE, THE COMPANY'S DEPENDENCE ON CHASSIS SUPPLIERS, INTEREST RATES, COMPETITION, GOVERNMENT REGULATIONS, LEGISLATION GOVERNING THE RELATIONSHIPS OF THE COMPANY WITH ITS RECREATIONAL VEHICLE DEALERS, THE IMPACT OF CONSUMER CONFIDENCE AND ECONOMIC UNCERTAINTY ON HIGH-COST DISCRETIONARY PRODUCT PURCHASES AND OTHER RISKS IDENTIFIED IN THE COMPANY'S SEC FILINGS. For more information: Joseph P. Tomczak Executive Vice President and Chief Financial Officer 574-262-0123 - END - -----END PRIVACY-ENHANCED MESSAGE-----