0000910680-14-000105.txt : 20141118 0000910680-14-000105.hdr.sgml : 20141118 20141118170221 ACCESSION NUMBER: 0000910680-14-000105 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141114 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20141118 DATE AS OF CHANGE: 20141118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EnviroStar, Inc. CENTRAL INDEX KEY: 0000065312 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 112014231 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14757 FILM NUMBER: 141232597 BUSINESS ADDRESS: STREET 1: 290 NE 68 STREET CITY: MIAMI STATE: FL ZIP: 33138 BUSINESS PHONE: 3057544551 MAIL ADDRESS: STREET 1: 290 NE 68 STREET CITY: MIAMI STATE: FL ZIP: 33138 FORMER COMPANY: FORMER CONFORMED NAME: DRYCLEAN USA INC DATE OF NAME CHANGE: 20000210 FORMER COMPANY: FORMER CONFORMED NAME: METRO TEL CORP DATE OF NAME CHANGE: 19920703 8-K 1 f8k11142014.htm CURRENT REPORT f8k11142014.htm

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): November 14, 2014

 
   
EnviroStar, Inc.
   
 
(Exact name of registrant as specified in its charter)
 
     
     
   
Delaware
   
 
(State or other jurisdiction of incorporation)
 
     
     
 
001-14757
   
11-2014231
 
(Commission File Number)
(IRS Employer Identification No.)
   
   
 
290 N.E. 68 Street, Miami, Florida
33138
 
 
(Address of principal executive offices)
(Zip Code)
 
 
Registrant's telephone number, including area code: (305) 754-4551
 
 
Not Applicable
 
 
(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:
 
 o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 o
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 o
Pre-commencement communication 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 November 14, 2014, the Company issued a press release announcing its results of operations for the three months ended September 30, 2014.  A copy of the press release is furnished (other than the information pertaining to the special cash dividend declared by the Company’s Board of Directors, which is filed) as Exhibit 99.1 to this Current Report on Form 8-K  and is incorporated herein by reference.
 
The information in this Item 2.02 of this Current Report on Form 8-K and exhibit 99.1 is being furnished, and shall not be deemed “filed,” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
 
Item 5.07          Submission of Matters to a Vote of Securityholders.
 
             The following matter was submitted to a vote of security holders at the 2014 Annual Meeting of Stockholders of the Company held on November 14, 2014:
 
Election of Directors
 
Nominees
 
For
   
Withheld
   
Broker NonVotes
 
Michael S. Steiner
    4,910,029       218,739       0  
Venerando J. Indelicato
    4,883,362       245,406       0  
David Blyer
    5,078,207       50,561       0  
Lloyd Frank
    4,908,949       219,819       0  
Alan M. Grunspan
    5,053,065       75,703       0  
 
All five directors listed above were elected to a one-year term until the 2015 Annual Meeting of the Stockholders of the Company and the election and qualification of their respective successors.
 
Item 8.01   Other Events.
 
  On November 14, 2014, the Company’s Board of Directors declared a special cash dividend of $0.20 per share payable on December 19, 2014 to stockholders of record on December 5, 2014.
 
Item 9.01   Financial Statements and Exhibits.
 
    (d)          Exhibits:
         
                        99.1                 Press Release dated November 14, 2014.

 
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.

 
 
   
EnviroStar, Inc.
 
 
       
 Date:  November 18, 2014   By: /s/ Venerando J. Indelicato  
     
Venerando J. Indelicato,
     
Treasurer and Chief Financial Officer
       
 
 
 
 
 
 

 
 
 
EXHIBIT INDEX
 
 
Exhibit No.
   
 
Description
     
 
     
     
     
 

 
EX-99.1 2 ex99_1-f8k11142014.htm PRESS RELEASE DATED NOVEMBER 14, 2014 ex99_1-f8k11142014.htm
Exhibit 99.1
 
 
From:   EnviroStar, Inc.
290 NE 68 Street
Miami, FL  33138
Michael Steiner  (305) 754-4551
Venerando Indelicato  (813) 814-0722
 
FOR  RELEASE at 11:00AM, Friday, November 14, 2014
 
EnviroStar, Inc. Reports Improved Revenues and Earnings for the First Quarter
 
Announces Special Dividend

Miami, FL – November 14, 2014 – EnviroStar, Inc. (NYSE MKT:EVI) today reported improved operating results for the first three months of fiscal 2015.
 
For the three month period ended September 30, 2014, revenues increased by 7.0% to $9,083,694 from $8,493,230 for the same period of last year.  Net earnings increased by 9.0% to $463,961 or $.07 per share during the first quarter of fiscal 2015 compared to $425,771 or $.06 per share during the first quarter of fiscal 2015.
 
The Company also announced that its Board of Directors has declared a $.20 per share special dividend, payable on December 19, 2014 to shareholders of record on December 5, 2014.
 
Venerando J. Indelicato, Chief Financial Officer of EnviroStar, Inc., stated:  “We are pleased to report a very successful first quarter of fiscal 2015, as both revenues and net earnings increased. We are also pleased to report that our excellent financial position has enabled the Board of Directors to declare a special dividend and continue our policy of returning value to our shareholders.”
 
EnviroStar, Inc. through its subsidiaries is one of the nation’s leading distributors of commercial and industrial laundry and dry cleaning equipment and steam boilers.
 
This press release contains certain information that is subject to a number of known and unknown risks and uncertainties that may cause actual results and trends to differ materially from those expressed or implied by the forward-looking statements.  Information concerning these factors are discussed in Company reports filed with the
Securities and Exchange Commission.
 
 
 
 
 

 


EnviroStar, Inc.
   
     
     
 
EnviroStar, Inc.
(NYSE MKT: EVI)
     
 
 
   
Three months ended September 30,
 
   
2014
   
2013
 
   
(Unaudited)
   
(Unaudited)
 
Revenues
  $ 9,083,694     $ 8,493,230  
                 
Earnings before income taxes
    744,056       684,406  
Provision for income taxes
    280,095       258,635  
                 
Net earnings
  $ 463,961     $ 425,771  
                 
Basic and diluted earnings per share
  $ 0.07     $ 0.06  
                 
                 
Weighted average shares outstanding:
               
      Basic and diluted    
7,033,732
     
7,033,732