-----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, HmZFntNzKwJPmcJrc9WdhgEDlAjh8Kf0OkgcjcFZbN4oIwqxOTT06y6UT9bwYsnN yUVvQvL2IPZA66+a+sbUSA== /in/edgar/work/20000814/0000931763-00-001990/0000931763-00-001990.txt : 20000921 0000931763-00-001990.hdr.sgml : 20000921 ACCESSION NUMBER: 0000931763-00-001990 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000811 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOHAWK INDUSTRIES INC CENTRAL INDEX KEY: 0000851968 STANDARD INDUSTRIAL CLASSIFICATION: [2273 ] IRS NUMBER: 521604305 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13697 FILM NUMBER: 696091 BUSINESS ADDRESS: STREET 1: 160 S INDUSTRIAL BLVD STREET 2: PO BOX 12069 CITY: CALHOUN STATE: GA ZIP: 30701 BUSINESS PHONE: 7066297721 MAIL ADDRESS: STREET 1: P O BOX 12069 CITY: CALHOUN STATE: GA ZIP: 30703 8-K 1 0001.txt FORM 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): August 11, 2000 MOHAWK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 01-19826 52-1604305 - ---------------- ---------------- ------------------- (State or other (Commission File (IRS Employer Jurisdiction of Number) Identification No.) Incorporation) 160 South Industrial Blvd., Calhoun, Georgia 30701 - ------------------------------------------------------------------------------- (Address, including zip code, of principal executive offices) (706) 629-7721 - ------------------------------------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events ------------ On August 11, 2000, Mohawk Industries, Inc. ("Mohawk") issued a press release announcing the settlement of two antitrust class action lawsuits. A copy of such press release is included as an exhibit to this report and incorporated herein by reference. Item 7. Financial Statements, Pro Forma Financial Information and --------------------------------------------------------- Exhibits. --------- C. Exhibits 99.1 Press Release dated August 11, 2000 SIGNATURE 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. Mohawk Industries, Inc. Date: August 11, 2000 By: /s/ Frank H. Boykin ------------------- Frank H. Boykin Corporate Controller INDEX TO EXHIBITS ----------------- Exhibit ------- 99.1 Press Release dated August 11, 2000 EX-99.1 2 0002.txt PRESS RELEASE [LETTERHEAD OF MOHAWK] NEWS RELEASE - ------------ For Release: Immediately Contact: John D. Swift, Chief Financial Officer MOHAWK INDUSTRIES, INC. ANNOUNCES SETTLEMENT IN LAWSUITS Calhoun, Georgia, August 11, 2000 - Mohawk Industries, Inc. (NYSE:MHK) has reached an agreement in principle to settle two antitrust class actions filed against Mohawk and other carpet manufacturers in the United States District Court in Rome, Georgia. Under the terms of the settlement agreement, Mohawk will contribute $13,500,000 to a settlement fund to resolve price fixing claims brought by a class of purchasers of polypropylene carpet and a proposed settlement class of purchasers of nylon carpet. The settlement is subject to preliminary approval of the court, notice to members of the two settlement classes, certification of the proposed settlement classes and final approval by the court after a hearing. The settlement will be paid in one cash installment after the final approval and the class members are properly notified of their rights in the settlement. After taking into account the impact of reserves established in preceeding periods for potential liabilities, a pre-tax charge of $7,000,000 will be recorded to operating earnings in the third quarter of 2000 in connection with this settlement. The Company denies all wrongdoing and has agreed to settle the case to avoid additional costs to defend the lawsuits. Mohawk is a leading producer of woven and tufted broadloom carpet and rugs for residential and commercial applications. The Company designs, manufactures and markets carpet in a broad range of colors, textures and patterns and is widely recognized through its premier brand names, some of which include "Mohawk," "Aladdin," "Bigelow," "Custom Weave," "Durkan," "Galaxy," "Harbinger," "Helios," "Horizon," "Image," "Karastan," "Mohawk Commercial," "World," and "Wunda Weve." Mohawk offers a broad line of area and washable rugs branded by Karastan, Aladdin, Newmark & James and American Rug Craftsmen and decorative throw blankets, placemats, pillows and chairpads branded by American Weavers. Mohawk also offers a complete laminate product line and distributes carpet padding and ceramic tile. The Company markets its products primarily through retailers and dealers. ##### -----END PRIVACY-ENHANCED MESSAGE-----