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) February 20, 2014

MYERS INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Ohio	1-8524	34-0778636
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)
1293 South Main Street, Akron, OH		44301
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, including area code (330) 253-5592

(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.

¨ 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 February 20, 2014, Myers Industries, Inc. (the “Company”) issued a press release announcing earnings results for the fiscal year and quarter ended December 31, 2013. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K. In addition, a copy of the slide materials which will be discussed during the Company’s earnings conference call at 10:00 a.m. Eastern Time on February 20, 2014 is attached as Exhibit 99.2 to this Current Report on Form 8-K. Information about the call can be found in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this report (including the exhibit) is furnished pursuant to “Item 2.02. Results of Operations and Financial Condition” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, unless incorporated by specific reference in such filing.

Item 7.01.   Regulation FD Disclosure

See “Item 2.02 Results of Operations and Financial Condition” above.

Item 8.01.   Other Events

On February 20, 2014, the Company issued a press release announcing an increased quarterly dividend of $0.13 per share payable April 1, 2014 to shareholders of record as of March 10, 2014. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.3 to this Current Report on Form 8-K.

On February 20, 2014, the Company issued a press release announcing that its Board of Directors has authorized additional share repurchases of $40 million of common stock with expectations for the share repurchases to be completed in 2014. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.4 to this Current Report on Form 8-K.

Item 9.01.   Financial Statements and Exhibits

99.1 Press Release by the Company regarding earnings results dated February 20, 2014

99.2 Earnings Presentation Fourth Quarter and Full Year 2013 by the Company dated February 20, 2014

99.3 Press Release by the Company regarding increased quarterly dividend dated February 20, 2014

99.4 Press Release by the Company regarding Lawn and Garden Segment dated February 20, 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.

		Myers Industries, Inc.
		(Registrant)
DATE February 20, 2014	By:	/s/ Greggory W. Branning
		Greggory W. Branning
		Senior Vice President, Chief Financial Officer and Corporate Secretary

EX-99.1

Exhibit 99.1

News Release

NYSE: MYE

Contact(s):

Gregg Branning, Senior Vice President

& Chief Financial Officer (330) 761-6303

Monica Vinay, Vice President, Investor

Relations & Treasurer (330) 761-6212

Myers Industries Reports 2013 Full Year and Fourth Quarter Results

• Full year net sales increased 4.3% to $825 million

• Full year net income as adjusted increased 6.1% to $34 million

• Full year diluted adjusted EPS increased 6.4% to $1.00

• Full year free cash flow increased 95% to $66 million

• Increasing quarterly dividend 44% from $0.09 to $0.13 per share

• Returning $40 million of cash to shareholders through repurchases of common stock in 2014

February 20, 2014, Akron, Ohio - Myers Industries, Inc. (NYSE: MYE) today announced results for the full year and fourth quarter ended December 31, 2013.

Summary

	Quarter Ended December 31,									Twelve Months Ended December 31,
	2013			2012			% Increase (Decrease)			2013			2012			% Increase (Decrease)
	(Dollars in thousands, except per share data)
Net sales	$	211,286		$	214,008			(1.3)	%	$	825,210		$	791,188			4.3	%
Gross profit	$	49,902		$	57,190			(12.7)	%	$	217,628		$	215,281			1.1	%
Gross profit margin		23.6	%		26.7	%					26.4	%		27.2	%
Income before taxes	$	4,273		$	13,788			(69.0)	%	$	39,391		$	47,341			(16.8)	%
Net Income:
Income	$	3,319		$	8,521			(61.0)	%	$	26,002		$	29,962			(13.2)	%
Income per diluted share	$	0.10		$	0.25			(60.0)	%	$	0.76		$	0.88			(13.6)	%
Gross profit as adjusted*	$	58,005		$	57,261			1.3	%	$	228,819		$	216,402			5.7	%
Gross profit margin as adjusted*		27.5	%		26.8	%					27.7	%		27.4	%
Income before taxes as adjusted*	$	13,665		$	14,126			(3.3)	%	$	53,305		$	51,014			4.5	%
Net income as adjusted*:
Income	$	8,751		$	8,899			(1.7)	%	$	34,115		$	32,139			6.1	%
Income per diluted share	$	0.26		$	0.26			—	%	$	1.00		$	0.94			6.4	%

* Details regarding the pre-tax adjusted charges are provided on the Reconciliations of Non-GAAP Financial Measures included in this release.

• Net sales for the fourth quarter of 2013 were $211.3 million compared to $214.0 million for the fourth quarter of 2012.

• The gross profit margin as adjusted was 27.5% for the fourth quarter of 2013 compared to 26.8% for the fourth quarter of 2012.

• Net income per diluted share as adjusted was $0.26 for the fourth quarter of 2013 and the fourth quarter of 2012.

• Net sales for the full year of 2013 were $825.2 million compared to $791.2 million for the full year of 2012.

• The gross profit margin as adjusted was 27.7% for the full year of 2013 compared to 27.4% for the full year of 2012.

• Net income per diluted share as adjusted increased 6.4% to $1.00 for the full year of 2013 compared to $0.94 for the full year of 2012.

President and Chief Executive Officer John C. Orr said, “We are pleased with the consistent financial improvement of the Company in 2013. Although we saw less strength in the fourth quarter results due to softer sales volumes and transportation difficulties, our full year results showed a 6.4% improvement in diluted adjusted earnings per share. Our restructuring of our Lawn and Garden Segment, the strong contribution of our recent acquisitions of Novel and Jamco, new product introductions and productivity gains were the key ingredients to improvement. In addition, we delivered a strong 95% increase in free cash flow year-over-year. Inventory management, strong collections and terms management were the consistent focus in 2013.”

“We continue to use a balanced approach to capital allocation. We continue to invest in new products and end markets that will improve shareholder value. As we announced this morning, we are returning value to shareholders who continue to hold our stock. The Board of Directors has approved a $40 million share repurchase which is expected to be completed in 2014. In addition, the quarterly dividend will be increased 44% to $0.13 per share. These combined actions reflect our positive outlook for our business and strong cash flow generation.”

Segment Results

The results below are as adjusted and exclude restructuring and other unusual pre-tax charges as detailed on the Reconciliation of Non-GAAP Financial Measures included in this release.

Net sales in the Material Handling Segment for the full year of 2013 were $322.9 million compared to $286.0 million for the full year of 2012. Most of the increase in sales was due to the acquisitions of Novel and Jamco which took place in July and October of 2012, respectively. Material Handling’s adjusted income before taxes was $41.3 million for the full year of 2013 compared to $47.7 million for the full year of 2012. The decline was due to a change in both customer and product mix.

The Material Handling’s net sales for the fourth quarter of 2013 were $83.1 million compared to $84.4 million for the fourth quarter of 2012. The fourth quarter of 2012 benefited from some sizeable non-recurring project sales. Material Handling’s adjusted income before taxes was $9.7 million for the fourth quarter of 2013 compared to $12.8 million for the fourth quarter of 2012. The decrease in adjusted income before taxes was mostly the result of higher selling, general and administrative expenses due to increased royalty, information technology upgrades and employee related expenses. Customer and product mix also contributed to the year-over-year decrease.

Net sales in the Lawn and Garden Segment for the full year of 2013 were $204.9 million compared to $205.8 million for the full year of 2012. Lawn and Garden’s adjusted income before taxes for the full year of 2013 increased 237% to $11.8 million from $3.5 million for the full year of 2012. The significant year-over-year improvement reflected savings from phase one of our restructuring project, additional cost reductions resulting from productivity and raw material cost savings and new product introductions.

The Lawn and Garden Segment net sales for the fourth quarter of 2013 were $58.7 million compared to $58.8 million for the fourth quarter of 2012. Lawn and Garden’s adjusted income before taxes for the fourth quarter of 2013 increased 39% to $5.3 million from $3.8 million for the fourth quarter of 2012, due to savings from the restructuring project, productivity improvements and raw material cost savings.

Net sales in the Distribution Segment for the full year of 2013 were $177.4 million compared to $176.6 million for the full year of 2012. Sales of new products and market share gains in equipment sales led to the increase in sales year over year. Distribution’s adjusted income before taxes for the full year of 2013 was $14.6 million compared to $14.7 million for the full year of 2012.

The Distribution Segment’s net sales for the fourth quarter of 2013 were $43.9 million compared to $44.7 million for the fourth quarter of 2012. Softer demand from international customers more than offset increased new product sales domestically. Distribution’s adjusted income before taxes for the fourth quarter of 2013 was $3.6 million compared to $3.2 million for the fourth quarter of 2012. Lower selling, general and administrative expenses, due partially to headcount reductions, contributed to the increase in adjusted income before taxes year-over-year.

On January 30, 2014, the Company announced it would be closing the Distribution Segment’s Canadian distribution branches. In 2013, sales from those branches were approximately $7.5 million and profitability was negligible.

Net sales in the Engineered Products Segment for the full year of 2013 were $137.7 million compared to $141.7 million for the full year of 2012. Strong sales in the marine and recreational vehicle markets were more than offset by decreased sales of custom products as compared to 2012, partially due to a strategic focus on more profitable business within the segment. Engineered Products’ adjusted income before taxes for the full year of 2013 was $15.5 million compared to $15.7 million for the full year of 2012.

The Engineered Products Segment net sales for the fourth quarter of 2013 were $29.3 million compared to $30.1 million for the fourth quarter of 2012. Engineered Products’ adjusted income before taxes for the fourth quarter of 2013 was $1.8 million compared to $2.4 million for the fourth quarter of 2012.

Other Financial Items

For the year ended December 31, 2013, free cash flow increased 95% to $66.1 million compared to $33.8 million for the year ended December 31, 2012. The significant improvement reflected successful initiatives put in place to better manage working capital.

Capital expenditures totaled $30.0 million for the year ended December 31, 2013 and are forecasted to be approximately $35 million to $40 million in 2014.

During the fourth quarter of 2013, the Company amended its loan agreement. The new agreement provides for a $200 million senior revolving credit facility, which replaced the existing $180 million facility.

The Company announced today that it is raising its quarterly dividend 44% to $0.13 per share.

The Company purchased $8.1 million of common stock in the year ended December 31, 2013.

The Company also announced today that the board of directors has authorized additional share repurchases of $40 million of common stock with expectations for the share repurchases to be completed in 2014.

2014 Outlook

“The first quarter of 2014 will be impacted by weather and transportation challenges. However, we anticipate that our full year 2014 results will show another consistent year of profit improvement and increased shareholder value. New product introductions, margin improvement through productivity gains such as phase two of the Lawn and Garden Segment project, material substitutions and elimination of low margin business and reliable cash flow generation are all expected to deliver continued consistent improved results.” Orr said.

Conference Call Details

The Company will host an earnings conference call and webcast for investors and analysts on Thursday, February 20, 2014 at 10:00 a.m. ET. The call is anticipated to last approximately one hour and may be accessed at (877) 407-8033. Callers are asked to sign on at least five minutes in advance. A live and archived webcast of the conference call can be accessed from the Investor Relations section of the Company’s website at www.myersindustries.com. Click on the Investor Relations tab to access the webcast. Webcast attendees will be in a listen-only mode. An archived telephone replay of the call will also be available on the site shortly after the event. To listen to the telephone replay, callers should dial: (US) 877-660-6853 or (Int’l) 201-612-7415. The replay passcode is Conference ID #13575688.

About Myers Industries

Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

Caution on Forward-Looking Statements

Statements in this release may include “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that is not of historical fact may be deemed “forward-looking”. Words such as “expect”, “believe”, “project”, “plan”, “anticipate”, “intend”, “objective”, “goal”, “view”, and similar expressions identify forward-looking statements. These statements are based on management’s current views and assumptions of future events and financial performance and involve a number of risks and uncertainties, many outside of the Company’s control that could cause actual results to materially differ from those expressed or implied. Risks and uncertainties include: changes in the markets for the Company’s business segments; changes in trends and demands in the markets in which the Company competes; unanticipated downturn in business relationships with customers or their purchases; competitive pressures on sales and pricing; raw material availability, increases in raw material costs, or other production costs; future economic and financial conditions in the United States and around the world; ability to weather the current economic downturn; inability of the Company to meet future capital requirements; claims, litigation and regulatory actions against the Company; changes in laws and regulations affecting the Company; the Company’s ability to execute the components of its Strategic Business Evolution process; and other risks as detailed in the Company’s 10-K and other reports filed with the Securities and Exchange Commission. Such reports are available on the Securities and Exchange Commission’s public reference facilities and its web site at http://www.sec.gov, and on the Company’s Investor Relations section of its web site at http://www.myersindustries.com. Myers Industries undertakes no obligation to publicly update or revise any forward-looking statements contained herein. These statements speak only as of the date made.

MYERS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

FOR THE QUARTER AND TWELVE MONTHS ENDED DECEMBER 31, 2013 AND 2012

(Dollars in thousands, except share data)

	For the Quarter Ended				For the Twelve Months Ended
	December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
Net sales	$	211,286	$	214,008	$	825,210	$	791,188
Cost of sales		161,384		156,818		607,582		575,907
Gross profit		49,902		57,190		217,628		215,281
Selling, general and administrative expenses		44,407		42,215		173,695		163,425
Operating income		5,495		14,975		43,933		51,856
Interest expense, net		1,222		1,187		4,542		4,515
Income before income taxes		4,273		13,788		39,391		47,341
Income tax expense		954		5,267		13,389		17,379
Net income	$	3,319	$	8,521	$	26,002	$	29,962
Income per common share:
Basic	$	0.10	$	0.25	$	0.77	$	0.89
Diluted	$	0.10	$	0.25	$	0.76	$	0.88
Weighted Average Common Shares Outstanding
Basic		33,656,673		33,646,031		33,588,720		33,597,020
Diluted		34,204,594		34,119,301		34,043,425		34,109,232

MYERS INDUSTRIES, INC.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

CONDENSED CONSOLIDATED GROSS PROFIT (UNAUDITED)

(Dollars in thousands)

	Quarter Ended December 31				Twelve Months Ended December 31
	2013		2012		2013		2012
Gross Profit as reported	$	49,902	$	57,190	$	217,628	$	215,281
Restructuring and other adjustments in cost of sales
Material Handling Segment		—		—		178		—
Lawn & Garden Segment		8,050		—		10,957		—
Engineered Products Segment		53		71		56		1,121
Gross Profit as adjusted	$	58,005	$	57,261	$	228,819	$	216,402

Note on Reconciliation of Income and Earnings Data: Gross profit excluding the items mentioned above in the text of this release and in this reconciliation chart is a non-GAAP financial measure that Myers Industries, Inc. calculates according to the schedule above, using GAAP amounts from the unaudited Consolidated Financial Statements. The Company believes that the excluded items are not primarily related to core operational activities. The Company believes that gross profit excluding items that are not primarily related to core operating activities is generally viewed as providing useful information regarding a company’s operating profitability. Management uses gross profit excluding these items as well as other financial measures in connection with its decision-making activities. Gross profit excluding these items should not be considered in isolation or as a substitute for gross profit prepared in accordance with GAAP. The Company’s method for calculating gross profit excluding these items may not be comparable to methods used by other companies.

MYERS INDUSTRIES, INC.

SALES AND EARNINGS BY SEGMENT (UNAUDITED)

(Dollars in thousands)

	Quarter Ended December 31,									Twelve Months Ended December 31,
	2013			2012			% Change			2013			2012			% Change
Net Sales
Material Handling	$	83,086		$	84,362			(1.5	)%	$	322,854		$	285,994			12.9	%
Lawn and Garden		58,733			58,806			(0.1	)%		204,890			205,814			(0.4	)%
Distribution		43,864			44,654			(1.8	)%		177,412			176,645			0.4	%
Engineered Products		29,342			30,080			(2.5	)%		137,745			141,658			(2.8	)%
Inter-company Sales		(3,739	)		(3,894	)					(17,691	)		(18,923	)
Total	$	211,286		$	214,008			(1.3	)%	$	825,210		$	791,188			4.3	%
Income (Loss)
Before Income Taxes
Material Handling	$	9,682		$	12,580			(23.0	)%	$	41,076		$	47,483			(13.5	)%
Lawn and Garden		(3,805	)		3,588			(206.0	)%		(1,540	)		2,905			(153.0	)%
Distribution		3,455			3,686			(6.3	)%		14,448			14,838			(2.6	)%
Engineered Products		1,583			2,309			(31.4	)%		15,296			14,481			5.6	%
Corporate		(6,642	)		(8,375	)					(29,889	)		(32,366	)
Total	$	4,273		$	13,788			(69.0	)%	$	39,391		$	47,341			(16.8	)%

MYERS INDUSTRIES, INC.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

INCOME (LOSS) BEFORE TAXES BY SEGMENT (UNAUDITED)

(Dollars in millions, except per share data)

	Quarter Ended December 31						Twelve Months Ended December 31
	2013			2012			2013			2012
Material Handling
Income before taxes as reported	$	9.7		$	12.6		$	41.1		$	47.5
Restructuring expenses		0.0			0.2			0.2			0.2
Income before taxes as adjusted		9.7			12.8			41.3			47.7
Lawn and Garden
Income (loss) before taxes as reported		(3.8	)		3.6			(1.5	)		2.9
Restructuring expenses and other adjustments		9.1			0.2			11.4			0.6
Loss on disposal of assets		0.0			0.0			0.6			0.0
Depreciation recapture		0.0			0.0			1.3			0.0
Income before taxes as adjusted		5.3			3.8			11.8			3.5
Distribution
Income before taxes as reported		3.5			3.7			14.4			14.8
Restructuring expenses		0.1			0.0			0.2			0.7
Gain on building sale		0.0			(0.5	)		0.0			(0.8	)
Income before taxes as adjusted		3.6			3.2			14.6			14.7
Engineered Products
Income before taxes as reported		1.6			2.3			15.3			14.5
Restructuring expenses		0.2			0.1			0.2			1.2
Income before taxes as adjusted		1.8			2.4			15.5			15.7
Corporate and interest expense
Income (loss) before taxes as reported		(6.7	)		(8.4	)		(29.9	)		(32.4	)
Severance and other		0.0			0.3			0.0			1.8
Loss before taxes as adjusted		(6.7	)		(8.1	)		(29.9	)		(30.6	)
Consolidated
Income before taxes as reported		4.3			13.8			39.4			47.3
Restructuring expenses and other adjustments		9.4			0.3			13.9			3.7
Income before taxes as adjusted		13.7			14.1			53.3			51.0
Income taxes		4.9			5.2			19.2			18.9
Net Income as adjusted	$	8.8		$	8.9		$	34.1		$	32.1
Adjusted earnings per diluted share	$	0.26		$	0.26		$	1.00		$	0.94

Note: Numbers in the Corporate and interest expense section above may be rounded for presentation purposes.

Note on Reconciliation of Income and Earnings Data: Income (loss) excluding the items mentioned above in the text of this release and in this reconciliation chart is a non-GAAP financial measure that Myers Industries, Inc. calculates according to the schedule above, using GAAP amounts from the unaudited Consolidated Financial Statements. The Company believes that the excluded items are not primarily related to core operational activities. The Company believes that income (loss) excluding items that are not primarily related to core operating activities is generally viewed as providing useful information regarding a company’s operating profitability. Management uses income (loss) excluding these items as well as other financial measures in connection with its decision-making activities. Income (loss) excluding these items should not be considered in isolation or as a substitute for net income (loss), income (loss) before taxes or other consolidated income data prepared in accordance with GAAP. The Company’s method for calculating income (loss) excluding these items may not be comparable to methods used by other companies.

MYERS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED)

(Dollars in thousands)

	December 31, 2013		December 31, 2012
Assets
Current Assets
Cash	$	6,539	$	3,948
Accounts receivable, net		112,459		115,508
Inventories		106,524		107,502
Other		9,388		12,638
Total Current Assets		234,910		239,596
Other Assets		85,069		94,777
Property, Plant, & Equipment, Net		149,478		150,483
Total Assets	$	469,457	$	484,856
Liabilities & Shareholders’ Equity
Current Liabilities
Accounts payable	$	98,263	$	72,417
Accrued expenses		52,320		42,060
Total Current Liabilities		150,583		114,477
Long-term debt		44,347		92,814
Other liabilities		14,687		17,865
Deferred income taxes		24,333		29,678
Total Shareholders’ Equity		235,507		230,022
Total Liabilities & Shareholders’ Equity	$	469,457	$	484,856

MYERS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)

FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2013 AND 2012

(Dollars in thousands)

	December 31, 2013			December 31, 2012
Cash Flows From Operating Activities
Net income	$	26,002		$	29,962
Items not affecting use of cash
Depreciation		33,709			29,667
Amortization of intangible assets		3,563			3,052
Amortization of deferred financing costs		373			288
Non-cash stock compensation		2,557			2,708
Provision for (recovery of) loss on accounts receivable		1,098			(543	)
Deferred taxes		(3,934	)		1,052
Other long-term liabilities		709			4,057
Loss (gain) from asset disposition		749			(1,085	)
Tax benefit from options		(389	)		—
Cancellation and terminations of share grants		—			253
Other		202			50
Payments for long-term incentive compensation		(1,719	)		(333	)
Cash flow provided by (used for) working capital, net of acquisitions:
Accounts receivable		(716	)		(2,002	)
Inventories		(1,585	)		(2,780	)
Prepaid expenses		581			(2,119	)
Accounts payable and accrued expenses		34,868			(1,475	)
Net cash provided by operating activities		96,068			60,752
Cash Flows From Investing Activities
Capital expenditures		(30,001	)		(26,977	)
Acquisition of business, net of cash acquired		(600	)		(18,543	)
Proceeds from sale of property, plant and equipment		933			3,086
Other		(273	)		(50	)
Net cash used for investing activities		(29,941	)		(42,484	)
Cash Flows From Financing Activities
Proceeds from long-term debt		11,000			—
Repayment of long-term debt		(35,000	)		(27,258	)
Net (repayments of) borrowing on credit facility		(24,492	)		17,700
Cash dividends paid		(9,103	)		(13,006	)
Proceeds from issuance of common stock		5,806			3,122
Tax benefit from options		389			—
Cancellations and terminations of share grants		—			(253	)
Repurchase of common stock		(8,096	)		(4,204	)
Shares withheld for employee taxes on equity awards		(684	)		—
Deferred financing costs		(608	)		—
Net cash used for financing activities		(60,788	)		(23,899	)
Foreign Exchange Rate Effect on Cash		(2,748	)		2,778
Net increase (decrease) in cash		2,591			(2,853	)
Cash at January 1		3,948			6,801
Cash at December 31	$	6,539		$	3,948

EX-99.2

Earnings Presentation

Fourth Quarter & Full Year 2013

February  20, 2014

Exhibit  99.2

Safe Harbor Statement

2

Statements

in

this

presentation

concerning

the

Company’s

goals,

strategies,

and

expectations

for

business

and

financial

results

may

be

"forward-looking

statements"

within

the

meaning

of

the

Private

Securities

Litigation

Reform

Act

of

1995

and

are

based

on

current

indicators

and

expectations.

Whenever

you

read

a

statement

that

is

not

simply

a

statement

of

historical

fact

(such

as

when

we

describe

what

we

"believe,"

"expect,"

or

"anticipate"

will

occur,

and

other

similar

statements),

you

must

remember

that

our

expectations

may

not

be

correct,

even

though

we

believe

they

are

reasonable.

We

do

not

guarantee

that

the

transactions

and

events

described

will

happen

as

described

(or

that

they

will

happen

at

all).

You

should

review

this

presentation

with

the

understanding

that

actual

future

results

may

be

materially

different

from

what

we

expect.

Many

of

the

factors

that

will

determine

these

results

are

beyond

our

ability

to

control

or

predict.

You

are

cautioned

not

to

put

undue

reliance

on

any

forward-looking

statement.

We

do

not

intend,

and

undertake

no

obligation,

to

update

these

forward-looking

statements.

These

statements

involve

a

number

of

risks

and

uncertainties

that

could

cause

actual

results

to

differ

materially

from

those

expressed

or

implied

in

the

applicable

statements.

Such

risks

include:

(1)

Fluctuations

in

product

demand

and

market

acceptance

(2)

Uncertainties

associated

with

the

general

economic

conditions

in

domestic

and

international

markets

(3)

Increased

competition

in

our

markets

(4)

Changes

in

seasonality

(5)

Difficulties

in

manufacturing

operations,

such

as

production

outages

or

maintenance

programs

(6)

Raw

material

availability

(7)

Fluctuations

in

raw

material

costs;

fluctuations

outside

the

“normal”

range

of

industry

cycles

(8)

Changes

in

laws

and

regulations

and

approvals

and

decisions

of

courts,

regulators,

and

governmental

bodies

Myers

Industries,

Inc.

encourages

investors

to

learn

more

about

these

risk

factors.

A

detailed

explanation

of

these

factors

is

available

in

the

Company’s

publicly

filed

quarterly

and

annual

reports,

which

can

be

found

online

at

www.myersind.com

and

at

the

SEC.gov

web

site.

Full Year 2013 Highlights

•

Achieved 6.4% increase in adjusted EPS

•

$1.00 compared to $0.94 in 2012

•

Generated 95% increase in free cash flow

•

$66.1 million compared to $33.8 million

•

6% of total sales in 2013 came from products, services or markets

developed in the last three years.

•

Realized $16 million in Operations Excellence savings

•

3% of Cost of Goods sold

•

2012

Novel

&

Jamco

acquisitions

performed

as

anticipated

in

2013

and

continue to be a good strategic fit

•

Increased dividend 12.5% to $0.09 per quarter or $0.36 per year

•

Invested $8.1 million to repurchase common stock

3

•

As part of Innovation initiative more than 40 new products and services were

introduced

Full Year 2013 Financial Summary

4

•

Sales increased 4.3%

•

Novel and Jamco acquisitions

were the primary contributor to

the increase

•

Adjusted gross margin expanded 

to  27.7% from 27.4%

•

Operations Excellence

initiatives

drove productivity improvements

and cost savings

•

Adjusted net income increased

6.1%

•

Adjusted EPS increased 6.4%

Note: All figures except ratios and percents are $Millions

FY

FY

Highlights

2013

2012

B/(W)

Net sales

$825.2

$791.2

4.3%

Gross profit

margin -

adjusted¹

27.7%

27.4%

1.1%

SG&A

$173.7

$163.4

(6.3%)

Net income -

adjusted²

$34.1

$32.1

6.1%

Effective tax

rate

34.0%

36.7%

EPS -

adjusted²

$1.00

$0.94

6.4%

¹

See Reconciliation of Non-GAAP measures slide 17

²

See Reconciliation of Non-GAAP measures on slide 18

Full Year 2013 Financial Summary

5

Notes: All figures except ratios and percents are $Millions

Free cash flow = cash flow from operations –

capital expenditures

Twelve Months Ended

Twelve Months Ended

Cash

December 31,

December 31,

Highlights

2013

2012

Cash provided

by operations

$96.1

$60.8

Capital

expenditures

$30.0

$27.0

Free cash flow

$66.1

$33.8

Dividends

$9.1

$13.0

Balance Sheet

December 31,

December 31,

Highlights

2013

2012

Long-term debt

$44.3

$92.8

Debt - net of

cash

$37.8

$88.9

Net Debt to total

capital

13.8%

27.9%

FY Results

•

Sales increase of 13%

due mostly to Novel &

Jamco acquisitions

•

Change in both

customer and product

mix led to decrease in

adjusted EBIT

Segment Review –

Material Handling

6

See Reconciliation of Non-GAAP measures on

slide 18

FY Results

•

Sales relatively flat year-

over-year

•

Savings from phase one of

restructuring combined

with productivity and

material cost savings

generated significant year-

over-year adjusted EBIT

improvement

Segment Review –

Lawn & Garden

7

See Reconciliation of Non-GAAP measures on

slide 18

FY Results

•

Sales increase the result of

new product sales and

market share gains in

equipment

•

Adjusted EBIT relatively

flat year-over-year

Segment Review –

Distribution

8

See Reconciliation of Non-GAAP measures on

slide 18

FY Results

•

Strong sales in the marine

and recreational vehicle

markets were offset by

lower custom sales,

primarily as the result of a

focus on more profitable

business

Segment Review –

Engineered Products

9

See Reconciliation of Non-GAAP measures on

slide 18

Q4 2013 Financial Highlights

10

•

Softer sales volumes partially

resulting from near-term

transportation issues led to a

1.3% decline in sales year-over-

year

•

Adjusted gross profit margin

increased to 27.5% from 26.8%

•

Operations Excellence

initiatives

drove productivity improvements and

cost savings

•

Adjusted net income flat year-

over-year

•

Adjusted EPS flat vs. 2012

Note: All figures except ratios and percents are $Millions

Q4

Q4

Highlights

2013

2012

B/(W)

Net sales

$211.3

$214.0

(1.3%)

Gross profit

margin -

adjusted¹

27.5%

26.8%

2.6%

SG&A

$44.4

$42.2

(5.2%)

Net income -

adjusted²

$8.8

$8.9

(1.7%)

Effective tax

rate

22.3%

38.2%

EPS -

adjusted²

$0.26

$0.26

0.0%

¹

See Reconciliation of Non-GAAP measures slide 17

²

See Reconciliation of Non-GAAP measures on slide 18

Q4 Results

•

Sales decreased 1.5% year-

over-year as Q4 2012 sales

benefited from some

sizeable non-recurring

project sales

•

Higher SG&A expenses due

to increased royalty and

employee related expenses

led to the decline in adjusted

EBIT year-over-year

•

A change in customer and

product mix also contributed

to the decline

Segment Review –

Material Handling

11

See Reconciliation of Non-GAAP measures on

slide 18

Q4 Results

•

Savings from phase one of

the restructuring project

combined with cost

reductions driven by

productivity improvements

and raw material

substitutions led to the

increase in adjusted EBIT

year-over-year

Segment Review –

Lawn & Garden

12

See Reconciliation of Non-GAAP measures on

slide 18

Q4 Results

•

Softer demand from

International customers

during the quarter more

than offset increased sales

from new products in the

U.S.

•

Lower SG&A expenses

partially due to headcount

reductions contributed to

the increase in adjusted

EBIT year-over-year

Segment Review –

Distribution

13

See Reconciliation of Non-GAAP measures on

slide 18

Q4 Results

•

Strong sales in the marine

and RV market were more

than offset by lower

custom sales during the

quarter as the segment

continued to focus more

profitable business

Segment Review –

Engineered Products

14

See Reconciliation of Non-GAAP measures on

slide 18

Q1 & Full Year 2014 Outlook

Q1 Outlook

•

Material Handling

•

Strong sales in food processing and organic growth in Brazil will more than offset the impacts to

production schedules and product shipping resulting from poor weather conditions at the start

of the year

•

Lawn & Garden

•

Anticipate that sales will be lower than Q1 2013, partially due to an inability to ship products

during the quarter and as a result of decreased production during the quarter as we implement

phase two of the segment’s restructuring plan

•

Distribution

•

Anticipate sales will be relatively flat during the quarter as a

result of weather conditions at the

start of the year

•

Future quarters should see the benefit of the resulting pent-up demand

•

Engineered Products

•

Anticipate that custom sales will be lower than Q1 2013 due to the elimination of some

unprofitable business throughout 2012

Full Year Outlook

•

The Company anticipates that it will show another year of profit

improvement from

its sustained focus on productivity and cost saving initiatives,

including phase two of

the Lawn & Garden restructuring project that was announced in July 2013

15

Appendix

16

Reconciliation of Non-GAAP Measures

17

MYERS INDUSTRIES, INC.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

CONDENSED CONSOLIDATED GROSS PROFIT (UNAUDITED)

(Dollars in thousands)

Note

on

Reconciliation

of

Income

and

Earnings

Data:

Gross

profit

excluding

the

items

mentioned

above

in

the

text

of

this

release

and

in

this

reconciliation

chart

is

a

non-GAAP

financial

measure

that

Myers

Industries,

Inc.

calculates

according

to

the

schedule

above,

using

GAAP

amounts

from

the

unaudited

Consolidated

Financial

Statements.

The

Company

believes

that

the

excluded

items

are

not

primarily

related

to

core

operational

activities.

The

Company

believes

that

gross

profit

excluding

items

that

are

not

primarily

related

to

core

operating

activities

is

generally

viewed

as

providing

useful

information

regarding

a

company's

operating

profitability.

Management

uses

gross

profit

excluding

these

items

as

well

as

other

financial

measures

in

connection

with

its

decision-making

activities.

Gross

profit

excluding

these

items

should

not

be

considered

in

isolation

or

as

a

substitute

for

gross

profit

prepared

in

accordance

with

GAAP.

The

Company's

method

for

calculating

gross

profit

excluding

these

items

may

not

be

comparable

to

methods

used

by

other

companies.

Reconciliation of Non-GAAP Measures

18

MYERS INDUSTRIES, INC.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

INCOME (LOSS) BEFORE TAXES BY SEGMENT (UNAUDITED)

(Dollars in millions, except per share data)

Note:

Numbers

in

the

Corporateand

interest

expense

section

abovemay

berounded

for

presentation

purposes.

Note

on

Reconciliation

of

Income

and

Earnings

Data:

Income

(loss)

excluding

the

items

mentioned

above

in

the

text

of

this

release

and

in

this

reconciliation

chart

is

a

non-GAAP

financial

measure

that

Myers

Industries,

Inc.

calculates

according

to

the

schedule

above,

using

GAAP

amounts

from

the

unaudited

Consolidated

Financial

Statements.

The

Company

believes

that

the

excluded

items

are

not

primarily

related

to

core

operational

activities.

The

Company

believes

that

income

(loss)

excluding

items

that

are

not

primarily

related

to

core

operating

activities

is

generally

viewed

as

providing

useful

information

regarding

a

company's

operating

profitability.

Management

uses

income

(loss)

excluding

these

items

as

well

as

other

financial

measures

in

connection

with

its

decision-making

activities.

Income

(loss)

excluding

these

items

should

not

be

considered

in

isolation

or

as

a

substitute

for

net

income

(loss),

income

(loss)

before

taxes

or

other

consolidated

income

data

prepared

in

accordance

with

GAAP.

The

Company's

method

for

calculating

income

(loss)

excluding

these

items

may

not

be

comparable

to

methods

used

by

other

companies.

Market Indicators

Source: JP Morgan, RMA, Energy Information Administration, Dec 2013

Sources: RVIA Forecasts, Dec 2013;

FRB G17 Release, Feb 2014

19

EX-99.3

Exhibit 99.3

News Release

NYSE: MYE

Contacts:

Gregg Branning, Senior Vice President

& Chief Financial Officer (330) 761-6303

Monica Vinay, Vice President, Investor

Relations & Treasurer (330) 761-6212

Myers Industries Increases Quarterly Dividend by 44%

February 20, 2014, Akron, Ohio — On Wednesday, February 19, 2014, the Board of Directors of Myers Industries, Inc. (NYSE: MYE) declared an increased quarterly dividend of $0.13 per share payable April 1, 2014 to shareholders of record as of March 10, 2014. The board continues to believe that it is important to increase a return to shareholders through the Company’s dividend. The quarterly dividend represents a 44% increase compared to the $0.09 per share paid last quarter. This increase together with the announcement this morning of an additional $40 million share repurchase reflects the Company’s ability to generate strong free cash flow and desire to maintain a balanced approach to capital allocation.

About Myers Industries

Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel, and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

1293 South Main Street • Akron, Ohio 44301 • (330) 253-5592 • Fax: (330) 761-6156 NYSE / MYE

EX-99.4

Exhibit 99.4

News Release

NYSE: MYE

Contacts:

Gregg Branning, Senior Vice President

& Chief Financial Officer (330) 761-6303

Monica Vinay, Vice President, Investor

Relations & Treasurer (330) 761-6212

Myers Industries Announces $40 Million

Share Repurchase Program

February 20, 2014, Akron, Ohio — Myers Industries, Inc. (NYSE: MYE) announced today that its Board of Directors has authorized additional share repurchases of $40 million of common stock with expectations for the share repurchases to be completed in 2014.

“We are in contact with our shareholders and it is clear that returning capital to them is a high priority as our cash flow increases,” said John Orr, president and chief executive officer. “This investment in share repurchases demonstrates the board’s confidence in Myers’ ability to generate long term profitable growth, produce solid free cash flow and maintain a balanced approach to capital allocation.”

About Myers Industries

Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel, and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

1293 South Main Street • Akron, Ohio 44301 • (330) 253-5592 • Fax: (330) 761-6156 NYSE / MYE