-----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, R7QVMfBGItr6OzUYO3BIQslPBBhgNGYjh4/gh7fvZyvELkKuJLrhNOkKLUvScxvJ o1bOus9B2CiRGW3rPTJCXg== 0000950131-98-001202.txt : 19980219 0000950131-98-001202.hdr.sgml : 19980219 ACCESSION NUMBER: 0000950131-98-001202 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19980218 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980218 SROS: CSX SROS: NYSE SROS: PCX FILER: COMPANY DATA: COMPANY CONFORMED NAME: DONNELLEY R R & SONS CO CENTRAL INDEX KEY: 0000029669 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL PRINTING [2750] IRS NUMBER: 361004130 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: SEC FILE NUMBER: 001-04694 FILM NUMBER: 98544956 BUSINESS ADDRESS: STREET 1: 77 W WACKER DR CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 3123268000 MAIL ADDRESS: STREET 1: 77 W WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60601 8-K/A 1 FORM 8-K/A ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K/A CURRENT REPORT Amendment No. 1 PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) February 18, 1998 R.R. DONNELLEY & SONS COMPANY (Exact name of registrant as specified in its charter) DELAWARE 1-4694 36-1004130 (State or other jurisdiction (Commission (IRS Employer of incorporation) file number) Identification No.) 77 WEST WACKER DRIVE CHICAGO, ILLINOIS 60601 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number (312) 326-8000 ================================================================================ Reference is made to the Current Report on Form 8-K dated December 15, 1998 filed by the Company. ITEM 5. OTHER EVENTS Attached as Exhibit 99.1 is a Consolidated Pro Forma Income Statement for the nine months ended September 30, 1996, an amendment to the statement previously included in Exhibit 99.2 to the Company's Form 8-K dated December 15, 1997. This statement is amended to reflect a change in the allocation of the Company's consolidated provision for income taxes between continuing operations and discontinued operations. This change affects the allocation of the income tax provision for the nine month period but has no effect on the pro forma income statements filed for the year ended December 31, 1996 or any other period. Additionally, quarterly information for 1996 is attached as Exhibit 99.2. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
EXHIBIT DESCRIPTION ------- ----------- 99.1 R.R. Donnelley & Sons Company -- Pro Forma Statement of Income for the Nine Months ended September 30, 1996 99.2 R.R. Donnelley & Sons Company -- Quarterly Consolidated Statement of Income for 1996
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 THEREUNTO DULY AUTHORIZED. R.R. DONNELLEY & SONS COMPANY Date: February 18, 1998 By: /s/ Monica M. Fohrman ------------------------ Monica M. Fohrman Vice President and Corporate Secretary (Authorized Officer) EX-99.1 2 PRO FORMA INFORMATION Exhibit 99.1 R.R. DONNELLEY & SONS COMPANY AND SUBSIDIARIES PRO FORMA INCOME STATEMENT (Thousands of dollars, except share data)
Nine months ended September 30, 1996 ------------------------------------------- Discontinued Consolidated Operations Pro Forma ------------------------------------------- Net sales $4,697,316 $(1,068,839) $3,628,477 Cost of sales 3,883,249 (953,996) 2,929,253 ---------- ----------- ---------- Gross profit 814,067 (114,843) 699,224 Selling and administrative expenses 520,692 (131,593) 389,099 Restructuring and impairment charges 560,632 (118,923) 441,709 ---------- ----------- ---------- Loss from operations (267,257) 135,673 (131,584) Other income (expense): Interest expense (71,614) - (71,614) Gain on stock offerings of subsidiaries 44,158 - 44,158 Other income (expense), net 30,757 (18,180) 12,577 ---------- ----------- ---------- Loss before income taxes (263,956) 117,493 (146,463) Provision for income taxes (9,182) 39,779 30,597 ---------- ----------- ---------- Loss from continuing operations (254,774) 77,714 (177,060) Loss from discontinued operations, net of income taxes - (77,714) (77,714) ---------- ----------- ---------- Net loss $ (254,774) $ - $ (254,774) ========== =========== ========== Per basic common share: Continuing operations $ (1.66) $ 0.51 $ (1.15) Discontinued operations - (0.51) (0.51) ---------- ----------- ---------- Net loss $ (1.66) $ - $ (1.66) ========== =========== ==========
EX-99.2 3 QUARTERLY INFORMATION Exhibit 99.2 R. R. DONNELLEY & SONS COMPANY AND SUBSIDIARIES Quarterly Consolidated Statement of Income (Thousands of dollars except share data)
Quarter ended ----------------------------------------------------- Year ended Mar. 31 June 30 Sept. 30 Dec. 31 Dec. 31, 1996 ---------- ---------- ---------- ---------- ------------- Net sales $1,177,622 $1,202,153 $1,248,702 $1,404,708 $5,033,185 Cost of sales 975,478 955,820 997,955 1,133,006 4,062,259 ---------- ---------- ---------- ---------- ---------- Gross profit 202,144 246,333 250,747 271,702 970,926 Selling and administrative expenses 133,625 137,868 117,606 129,189 518,288 Restructuring and impairment charges 426,825 14,884 -- -- 441,709 ---------- ---------- ---------- ---------- ---------- Earnings from operations (358,306) 93,581 133,141 142,513 10,929 Other income (expense): Interest expense (25,083) (24,713) (21,818) (23,868) (95,482) Gain on stock offerings of subsidiaries -- 44,158 -- 35,883 80,041 Other income (expense), net 15,119 (2,171) (371) 4,244 16,821 ---------- ---------- ---------- ---------- ---------- (Loss) income before income taxes (368,270) 110,855 110,952 158,772 12,309 Provision for income taxes (41,947) 37,487 35,057 53,195 83,792 ---------- ---------- ---------- ---------- ---------- (Loss) income from continuing operations (326,323) 73,368 75,895 105,577 (71,483) (Loss) income from discontinued operations, net (50,596) (19,093) (8,025) (8,428) (86,142) ---------- ---------- ---------- ---------- ---------- Net (loss) income $ (376,919) $ 54,275 $ 67,870 $ 97,149 $ (157,625) ========== ========== ========== ========== ========== (Loss) income from Continuing Operations per Share of Common Stock Basic $ (2.12) $ 0.48 $ 0.50 $ 0.72 $ (0.47) Diluted (2.12) 0.47 0.49 0.71 (0.47) Net (loss) income per Share of Common Stock Basic $ (2.45) $ 0.35 $ 0.45 $ 0.66 $ (1.04) Diluted (2.45) 0.35 0.44 0.65 (1.04)
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