-----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, KHZWqYKQZXxnMSrvf/ysIBcWBd6as/oG+h2WZWBEzKhZCKohJNNiBbH4YSRox4Uv fhsm6JyvZ0oo1q8uFX3ryQ== 0000793074-98-000003.txt : 19980126 0000793074-98-000003.hdr.sgml : 19980126 ACCESSION NUMBER: 0000793074-98-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980121 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980123 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WERNER ENTERPRISES INC CENTRAL INDEX KEY: 0000793074 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 470648386 STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-14690 FILM NUMBER: 98511770 BUSINESS ADDRESS: STREET 1: 14507 FRONTIER ROAD STREET 2: P O BOX 45308 CITY: OMAHA STATE: NE ZIP: 68145 BUSINESS PHONE: 4028956640 8-K 1 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): January 21, 1998 WERNER ENTERPRISES, INC. (Exact name of registrant as specified in its charter) NEBRASKA 0-14690 47-0648386 (State or other jurisdiction of (Commission File (IRS Employer incorporation or organization) Number) Identification No.) 14507 FRONTIER ROAD POST OFFICE BOX 45308 OMAHA, NEBRASKA 68145 (402)895-6640 (Address of principal (Zip Code) (Registrant's telephone number) executive offices) ITEM 5. OTHER EVENTS. On January 21, 1998, the registrant issued a news release announcing its operating revenues and earnings for the fourth quarter and year ended December 31, 1997. A copy of the news release is filed as an exhibit to this Form 8-K. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. Exhibit 99.1 News release issued by the registrant on January 21, 1998. 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. WERNER ENTERPRISES, INC. Date: January 23, 1998 By: /s/ John J. Steele John J. Steele Vice President, Treasurer and Chief Financial Officer Date: January 23, 1998 By: /s/ James L. Johnson James L. Johnson Corporate Secretary and Controller EX-99 2 Exhibit 99.1 WERNER ENTERPRISES, INC. 14507 Frontier Road P. O. Box 45308 Omaha, Nebraska 68145 FOR IMMEDIATE RELEASE Contact: Robert E. Synowicki, Jr. - --------------------- (402) 894-3000 WERNER ENTERPRISES, INC. REPORTS RECORD 1997 EARNINGS Omaha, Nebraska, January 21, 1998: - ---------------------------------- Werner Enterprises, Inc. (Werner), a nationwide full-service transportation company, today reported its operating revenues and earnings for the fourth quarter and year ended December 31, 1997. Operating revenues increased 22% to $206,174,000 for the 1997 fourth quarter compared to $168,576,000 for the same period of 1996. Fourth quarter net income increased 23% to $14,198,000 ($.37 per share) in 1997 compared to $11,512,000 ($.30 per share) for the 1996 fourth quarter. Operating revenues increased 20% to $772,095,000 for 1997 compared to $643,274,000 for the prior year. Net income increased 19% to $48,378,000 ($1.27 per share) for 1997, compared to $40,555,000 ($1.07 per share) for 1996. Quarter Ended December 31 1997 1996 - ------------------------- ---- ---- Operating revenues $206,174,000 $168,576,000 Net income $ 14,198,000 $ 11,512,000 Average common shares outstanding 38,342,000 37,983,000 Diluted shares outstanding 38,547,000 38,195,000 Earnings per share $.37 $.30 Diluted earnings per share $.37 $.30 Year Ended December 31 1997 1996 - ---------------------- ---- ---- Operating revenues $772,095,000 $643,274,000 Net income $ 48,378,000 $ 40,555,000 Average common shares outstanding 38,205,000 37,873,000 Diluted shares outstanding 38,367,000 38,060,000 Earnings per share $1.27 $1.07 Diluted earnings per share $1.26 $1.07 The Company's common stock is traded on the Nasdaq National Market tier of The Nasdaq Stock Market under the symbol WERN. -----END PRIVACY-ENHANCED MESSAGE-----