8-K 1 a05-2538_18k.htm 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 1, 2005

 

INFOCUS CORPORATION

(Exact name of registrant as specified in its charter)

 

Commission File Number: 000-18908

 

Oregon

 

93-0932102

(State or other jurisdiction of incorporation
or organization)

 

(I.R.S. Employer Identification No.)

 

 

 

27700B SW Parkway Avenue, Wilsonville, Oregon

 

97070

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code: 503-685-8888

 

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:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

INFOCUS CORPORATION

FORM 8-K

INDEX

 

Item

 

Description

 

 

 

 

 

Item 2.02

 

Results of Operations and Financial Condition

 

 

 

 

 

Item 9.01

 

Financial Statements and Exhibits

 

 

 

 

 

Signatures

 

 

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Item 2.02  Results of Operations and Financial Condition

 

On February 1, 2005, InFocus Corporation issued a press release announcing net income of $9.9 million, or $0.25 per share, on revenues of $179.1 million for its fourth quarter ended December 31, 2004.  InFocus Corporation also announced net income of $7.6 million, or $0.19 per share, on revenues of $648.9 million for the full year ended December 31, 2004.  A copy of the press release is attached as Exhibit 99.1.

 

We provide in the press release certain non-GAAP financial measures, including pro forma net income (loss) and pro forma net income (loss) per share.  As used herein, “GAAP” refers to accounting principles generally accepted in the United States.  These non-GAAP financial measures exclude restructuring and other non-recurring charges from the directly comparable GAAP measures. As required by Regulation G, the press release contains a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures.  We believe the non-GAAP measures are useful to investors because they provide an alternative method for measuring the operating performance of our business, excluding certain non-recurring and non-cash items that would normally be included in the most directly comparable GAAP financial measure.  Our management uses these non-GAAP financial measures along with the most directly comparable GAAP financial measures in evaluating our operating performance. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP, and non-GAAP financial measures as reported by us may not be comparable to similarly titled items reported by other companies.

 

Item 9.01  Financial Statements and Exhibits

 

(c) Exhibits

 

The following exhibit is furnished herewith and this list is intended to constitute the exhibit index:

 

99.1     Press release dated February 1, 2005 announcing InFocus Corporation’s results for the fourth quarter and full year ended December 31, 2004.

 

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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.

 

 

Date:  February 1, 2005

 

INFOCUS CORPORATION

 

 

 

 

 

By:

/s/C. Kyle Ranson

 

 

 

C. Kyle Ranson

 

 

President and Chief Executive Officer

 

 

(Principal Executive Officer)

 

 

 

 

 

 

 

 

By:

/s/Michael D. Yonker

 

 

 

Michael D. Yonker

 

 

Executive Vice President, Chief Financial Officer and
Secretary

 

 

(Principal Financial Officer)

 

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