0001193125-14-195045.txt : 20140512 0001193125-14-195045.hdr.sgml : 20140512 20140512165956 ACCESSION NUMBER: 0001193125-14-195045 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140507 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20140512 DATE AS OF CHANGE: 20140512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DAWSON GEOPHYSICAL CO CENTRAL INDEX KEY: 0000351231 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 750970548 STATE OF INCORPORATION: TX FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34404 FILM NUMBER: 14834129 BUSINESS ADDRESS: STREET 1: 508 WEST WALL STREET 2: SUITE 800 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 9156843000 MAIL ADDRESS: STREET 1: 508 WEST WALL STREET 2: SUITE 800 CITY: MIDLAND STATE: TX ZIP: 79701 8-K/A 1 d723581d8ka.htm FORM 8-K/A Form 8-K/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K/A

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (date of earliest event reported): May 7, 2014

 

 

DAWSON GEOPHYSICAL COMPANY

(Exact name of Registrant as specified in its charter)

 

 

 

TEXAS   001-34404   75-0970548

(State

of incorporation or organization)

  

(Commission

file number)

  

(I.R.S. employer

identification number)

 

508 W. WALL, SUITE 800

MIDLAND, TEXAS

     79701
(Address of principal executive offices)     (Zip code)

Registrant’s telephone number, including area code: (432) 684-3000

(Former name or former address, if changed since last report)

 

 

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 (see General Instruction A.2. below):

 

  ¨ 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 2.02. Results of Operations and Financial Condition.

On May 7, 2014, Dawson Geophysical Company (the “Company”) issued a press release (the “Press Release”) reporting its operating results for the quarter ended March 31, 2014, the second quarter of the Company’s 2014 fiscal year. This Form 8-K/A is submitted as an amendment to the Company’s Current Report on Form 8-K dated May 7, 2014 (the “Form 8-K”), which furnished the Press Release as Exhibit 99.1 thereto, in order to properly set forth certain of the components relating to the reconciliation of the Company’s EBITDA to its net cash provided by operating activities for the periods indicated in the Reconciliation of EBITDA to Net Cash Provided by Operating Activities table included in the Press Release.

The Reconciliation of EBITDA to Net Cash Provided by Operating Activities table in the Press Release is amended and restated in its entirety as follows:

 

     Three Months Ended March 31,     Six Months Ended March 31,  
     2014     2013     2014     2013  
     (in 000’s)     (in 000’s)  

Net cash provided by operating activities

    $ 23,350      $ 3,399      $ 1,641      $ 12,413   

Changes in working capital and other items

      (10,226 )      17,332        16,747        23,296   

Noncash adjustments to net income (loss)(1)

      (468 )      (417 )      (872 )      (1,057 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

EBITDA

    $ 12,656      $ 20,314      $ 17,516      $ 34,652   
  

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) Noncash adjustments to net income (loss) primarily consist of noncash compensation.

Except as set forth above, no other changes have been made to the Form 8-K or the Press Release.

Pursuant to the rules and regulations of the Securities and Exchange Commission, the information set forth in this Item 2.02 is deemed to be furnished and shall not be deemed to be “filed” under the Securities Exchange Act of 1934, as amended.

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 hereunto duly authorized.

 

    DAWSON GEOPHYSICAL COMPANY
Date: May 12, 2014     By:  

/s/ Christina W. Hagan

      Christina W. Hagan
      Executive Vice President, Secretary and
      Chief Financial Officer