-----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, PTMZnrdrImRHdp+X5NjG04cOU1J4V6axo6VIoatFBLvJc0o+4d//SNWYBJSPQW3I /flCPEhmM5gG6lUoA8RF6Q== 0000793074-96-000008.txt : 19960717 0000793074-96-000008.hdr.sgml : 19960717 ACCESSION NUMBER: 0000793074-96-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960716 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960716 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: 1934 Act SEC FILE NUMBER: 000-14690 FILM NUMBER: 96595433 BUSINESS ADDRESS: STREET 1: P O BOX 37308 STREET 2: P O BOX 37308 CITY: OMAHA STATE: NE ZIP: 68137 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): July 16, 1996 WERNER ENTERPRISES, INC. (Exact name of registrant as specified in its charter) NEBRASKA 0-14690 47-0648386 (State or other jurisdiction of (Commission File (I.R.S.Employer incorporation or organization) Number) Identification No.) INTERSTATE 80 & HIGHWAY 50 POST OFFICE BOX 37308 OMAHA, NEBRASKA 68137 (402)895-6640 (Address of principal (Zip Code) (Registrant's telephone number) executive offices) ITEM 5. OTHER EVENTS. On July 16, 1996, Werner Enterprises, Inc. (the Company) announced that its Board of Directors declared a three for two split of the Company's common stock effected in the form of a 50 percent stock dividend. The stock split will be payable on or about August 9, 1996 to stockholders of record at the close of business on July 26, 1996. No fractional shares of common stock will be issued in connection with the stock split. Stockholders entitled to fractional shares will receive a proportional cash payment based on the closing price of a share of common stock on July 26, 1996. A copy of the Company's press release pertaining to the above announcement is attached as Exhibit 99 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. Exhibit 99 Press Release issued by the Company on July 16, 1996. 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: July 16, 1996 By: /s/ Robert E. Synowicki, Jr. Robert E. Synowicki, Jr. Executive Vice President and Chief Financial Officer Date: July 16, 1996 By: /s/ John J. Steele John J. Steele Vice President - Controller and Secretary EX-99 2 WERNER ENTERPRISES, INC. Interstate 80 & Highway 50 P. O. Box 37308 Omaha, Nebraska 68137 FOR IMMEDIATE RELEASE Contact: Robert E. Synowicki, Jr. (402) 894-3000 Omaha, Nebraska, July 16, 1996: Werner Enterprises, Inc., a nationwide full-service transportation company, today reported its operating revenues and earnings for the second quarter ended June 30, 1996. Operating revenues increased 11% to $159,640,000 compared to $143,325,000 for the same quarter of the prior year. Net income increased 17% to $10,023,000 ($.40 per share) for the second quarter of 1996, compared to $8,578,000 ($.34 per share) for the 1995 second quarter. Net income grew by a larger percentage than operating revenues, due primarily to improved freight demand during the second quarter of 1996, compared to the same period of 1995. In addition, the Company announced today that its Board of Directors has declared a three for two split of the Company's common stock effected in the form of a 50 percent stock dividend. The stock split will be payable on or about August 9, 1996 to stockholders of record at the close of business on July 26, 1996. No fractional shares of common stock will be issued in connection with the stock split. Stockholders entitled to fractional shares will receive a proportional cash payment based on the closing price of a share of common stock on July 26, 1996. If a stockholder is contemplating a trade of stock from the record date to the payable date, he or she should consult his or her stockbroker as to entitlement of the split shares. The Company's common stock is traded on the NASDAQ National Market System under the symbol WERN. Quarter Ended June 30 1996 1995 Operating revenues $159,640,000 $143,325,000 Net income $ 10,023,000 $ 8,578,000 Average common shares outstanding 25,197,000 25,161,000 Earnings per share $ .40 $ .34 Page 1 of 2 WERNER ENTERPRISES, INC. Omaha, Nebraska, July 16, 1996 -- Page 2 Six Months Ended June 30 1996 1995 Operating revenues $307,543,000 $275,759,000 Net income $ 17,311,000 $ 16,090,000 Average common shares outstanding 25,191,000 25,180,000 Earnings per share $ .69 $ .64 -----END PRIVACY-ENHANCED MESSAGE-----