-----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, PogILLeJqjvTXmmmGBZNJYIj3FxC1RvnLmc7tqycLkPtexm2SQ26BIxelGcOAAMV dcyUujAVtm/V6Cs0R3OXkA== 0001104659-05-000405.txt : 20050105 0001104659-05-000405.hdr.sgml : 20050105 20050105160308 ACCESSION NUMBER: 0001104659-05-000405 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041231 ITEM INFORMATION: Other Events FILED AS OF DATE: 20050105 DATE AS OF CHANGE: 20050105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUANEX CORP CENTRAL INDEX KEY: 0000276889 STANDARD INDUSTRIAL CLASSIFICATION: ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS [3350] IRS NUMBER: 381872178 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05725 FILM NUMBER: 05512715 BUSINESS ADDRESS: STREET 1: 1900 W LOOP S STE 1500 STREET 2: ATTN BRENT KORB CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 713-877-5328 MAIL ADDRESS: STREET 1: 1900 WEST LOOP SOUTH STREET 2: SUITE 1500 CITY: HOUSTON STATE: TX ZIP: 77027 8-K 1 a05-1105_18k.htm 8-K

 

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) December 31, 2004

 

QUANEX CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Delaware 

 

1-5725

 

38-1872178 

(State or other jurisdiction of incorporation or organization)

 

 (Commission file number)

 

(I.R.S. Employer Identification No.)

 

 

 

1900 West Loop South, Suite 1500, Houston, Texas 77027
(Address of principal executive offices)

 

Registrant’s telephone number, including area code: 713-961-4600

 

 

[   ]  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))

 

 
 

 


 

Item 8.01.  Other Events

 

                    On December 2, 2004, the Board of Directors of Quanex Corporation (the “Company”) declared a three-for-two stock split in the form of a 50% stock dividend payable on December 31, 2004 to share holders of record on December 17, 2004.  The Company is filing this Current Report on Form 8-K solely to present the retroactive impact of the stock split on earnings per share and weighted average common shares outstanding.

 

                  & #160; Following is a presentation of earnings per share and weighted average common shares outstanding as presented in the Company’s most recent Annual Report on Form 10-K for the year ended October 31, 2004, and also a presentation of earnings per share and weighted average common shares outstanding on a retroactive basis after giving effect to the December 31, 2004 stock split:

 

Quanex Corporation

Earnings Per Share — Presentation of

Excluding Impact and Retroactive Impact of December 2004 Stock Split

 

 

 

Years Ended October 31,

 

 

 

2004

 

2003

 

2002

 

As Reported - Excluding Impact of Stock Split:

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

3.50

 

$

2.72

 

$

3.62

 

Income (loss) from discontinued operations

 

(0.19

)

(0.07

)

0.12

 

Basic earnings per share

 

$

3.31

 

$

2.65

 

$

3.74

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

3.45

 

$

2.69

 

$

3.41

 

Income (loss) from discontinued operations

 

(0.19

)

(0.07

)

0.11

 

Diluted earnings per share

 

$

3.26

 

$

2.62

 

$

3.52

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (000’s):

 

 

 

 

 

 

 

Basic

 

16,436

 

16,154

 

14,823

 

Diluted

 

16,698

 

16,384

 

16,237

 

 

 

 

 

 

 

 

 

After Retroactive Impact of Stock Split (Unaudited):

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

2.34

 

$

1.82

 

$

2.42

 

Income (loss) from discontinued operations

 

(0.13

)

(0.05

)

0.08

 

Basic earnings per share

 

$

2.21

 

$

1.77

 

$

2.50

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

2.30

 

$

1.79

 

$

2.27

 

Income (loss) from discontinued operations

 

(0.13

)

(0.04

)

0.07

 

Diluted earnings per share

 

$

2.17

 

$

1.75

 

$

2.34

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (000’s):

 

 

 

 

 

 

 

Basic

 

24,654

 

24,231

 

22,235

 

Diluted

 

25,047

 

24,576

 

24,356

 

 

 


 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

Quanex Corporation

 

 

 

 

 

 

Date:

January 5, 2005

 

 

By:

/s/ Terry M. Murphy

 

 

 

 

 

Terry M. Murphy

 

 

 

 

 

Vice President — Finance and Chief Financial Officer

 

 

 

 

 

(Principal Financial Officer)

 

 

 

 

 

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