-----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, Bt97E9ZD9bCyohTu0ua1Rdo1VVM1Tf+NOftgJyqFqeAmLDW3ItINPJJ7wwAUmcXb 3uhq9bMKnGvPWrRmKZsUAA== 0000827054-09-000101.txt : 20090512 0000827054-09-000101.hdr.sgml : 20090512 20090512155512 ACCESSION NUMBER: 0000827054-09-000101 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090512 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20090512 DATE AS OF CHANGE: 20090512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICROCHIP TECHNOLOGY INC CENTRAL INDEX KEY: 0000827054 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 860629024 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-21184 FILM NUMBER: 09818855 BUSINESS ADDRESS: STREET 1: 2355 W CHANDLER BLVD CITY: CHANDLER STATE: AZ ZIP: 85224-6199 BUSINESS PHONE: 480-792-7200 MAIL ADDRESS: STREET 1: 2355 WEST CHANDLER BLVD CITY: CHANDLER STATE: AZ ZIP: 85224-6199 8-K/A 1 form8k_a.htm FORM 8-K/A FILED 5/12/09 form8k_a.htm


 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 

FORM 8-K/A
 

THE SECURITIES EXCHANGE ACT OF 1934
 

Date of Report (Date of earliest event reported)
 
May 7, 2009
 

 
 

MICROCHIP TECHNOLOGY INCORPORATED
(Exact Name Of Registrant As Specified In Its Charter)
 

Delaware
0-21184
86-0629024
(State Or Other Jurisdiction Of Incorporation)
(Commission File No.)
(IRS Employer Identification No.)

2355 West Chandler Boulevard, Chandler, Arizona  85224-6199
(Address Of Principal Executive Offices)

(480) 792-7200
(Registrant’s Telephone Number, Including Area Code)
 
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.
 
The information pursuant to Item 2.02 in this report on Form 8-K/A is being furnished as contemplated by General Instruction B(2) to Form 8-K and shall not be deemed "filed" for  purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.
 
On May 7, 2009, we furnished via EDGAR a Form 8-K with respect to our results of operations for the fourth quarter and fiscal year ended March 31, 2009 and attached our press release thereto as Exhibit 99.1.   Such press release contained an error in that certain of the column headings for our Condensed Consolidated Statements of Income should have stated "Twelve Months Ended March 31" instead of "Three Months Ended March 31."  Our corrected Condensed Consolidated Statements of Income are attached hereto as Exhibit 99.1.
.
 
Item 9.01.                      Financial Statements and Exhibits.
 

(d)
Exhibits
 
99.1
Condensed Consolidated Statements of Income for Three Months Ended March 31, 2009 and 2008 and Twelve Months Ended March 31, 2009 and 2008
 
 
 
-2-
 
 

 
 
 
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.
 

Dated:  May 12, 2009
Microchip Technology Incorporated
(Registrant)
   
 
By: /s/ J. Eric Bjornholt                                                               
 
J. Eric Bjornholt
Vice President, Chief Financial Officer
(Principal Accounting and Financial Officer)
 
 
 

 
-3-
 
 

 
 
 
 
EXHIBITS


99.1
Condensed Consolidated Statements of Income for Three Months Ended March 31, 2009 and 2008 and Twelve Months Ended March 31, 2009 and 2008
 
 
 
 
 
 
 


EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm
Exhibit 99.1
 

 
MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
 
                         
(in thousands except per share amounts)
(Unaudited)
 
                         
                         
                         
   
Three Months Ended
March 31,
   
Twelve Months Ended
March 31,
 
   
2009
   
2008
   
2009
   
2008
 
Net sales
  $ 173,253     $ 260,418     $ 903,297     $ 1,035,737  
Cost of sales
    89,286       101,784       386,793       410,799  
   Gross profit
    83,967       158,634       516,504       624,938  
                                 
Operating expenses:
                               
   Research and development
    25,656       31,506       115,524       120,864  
   Selling, general and administrative
    33,336       45,396       161,218       175,646  
   Special charges
    5,934       -       6,434       26,763  
      64,926       76,902       283,176       323,273  
                                 
Operating income
    19,041       81,732       233,328       301,665  
Other income, net
    9,881       7,089       3,922       49,320  
Income before income  taxes
    28,922       88,821       237,250       350,985  
Income tax provision (benefit)
    6,093       12,169       (11,570 )     53,237  
                                 
Net income
  $ 22,829     $ 76,652     $ 248,820     $ 297,748  
                                 
Basic net income per share
  $ 0.13     $ 0.41     $ 1.36     $ 1.44  
Diluted net income per share
  $ 0.12     $ 0.40     $ 1.33     $ 1.40  
                                 
Basic shares used in calculation
    182,392       186,969       183,158       207,220  
Diluted shares used in calculation
    184,168       191,261       186,788       212,048  
                                 

 
 
 
 


 

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