-----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, U7vKez0h4fKNTrNLNT8vgdeFuJ7Px2pwfG8MBYk7ICbNlrlIVNNhglqQxViGHToA 1Rx8WOyqWx0G3qpBZWH/Vw== 0000793074-97-000012.txt : 19971021 0000793074-97-000012.hdr.sgml : 19971021 ACCESSION NUMBER: 0000793074-97-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971015 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971020 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: 97697845 BUSINESS ADDRESS: STREET 1: INTERSTATE 80 & HIGHWAY 50 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): October 15, 1997 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.) INTERSTATE 80 & HIGHWAY 50 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 October 15, 1997, the registrant issued a news release announcing its operating revenues and earnings for the third quarter ended September 30, 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 October 15, 1997. 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: October 17, 1997 By: /s/ John J. Steele John J. Steele Vice President, Treasurer and Chief Financial Officer Date: October 17, 1997 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 68145-0308 FOR IMMEDIATE RELEASE Contact: Robert E. Synowicki, Jr. - --------------------- (402) 894-3000 Omaha, Nebraska, October 15, 1997: - ---------------------------------- Werner Enterprises, Inc. (Werner), a nationwide full-service transportation company, today reported record operating revenues and net income for the third quarter ended September 30, 1997. Operating revenues increased 20% to $200,237,000 compared to $167,155,000 for the same quarter of the prior year. Net income increased 21% to $14,199,000 ($.37 per share) for the third quarter of 1997, compared to $11,732,000 ($.31 per share) for the third quarter of 1996. Werner's revenue growth was due primarily to a 16% increase in the average number of tractors in service. Increased revenue from logistics transportation services also contributed to the growth. On August 9, 1996, Werner issued shares for a three-for-two common stock split effected in the form of a 50% stock dividend from authorized and unissued shares to stockholders of record on July 26, 1996. The number of shares of stock and the per share amounts below reflect the effect of the stock split. Quarter Ended September 30 1997 1996 - -------------------------- ---- ---- Operating revenues $200,237,000 $167,155,000 Net income $ 14,199,000 $ 11,732,000 Average common shares outstanding 38,301,000 37,936,000 Earnings per share $ .37 $ .31 Nine Months Ended September 30 1997 1996 - ------------------------------ ---- ---- Operating revenues $565,921,000 $474,698,000 Net income $ 34,180,000 $ 29,043,000 Average common shares outstanding 38,159,000 37,836,000 Earnings per share $ .90 $ .77 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-----