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):  October 30, 2009

Dorman Products, Inc.

(Exact name of Registrant as Specified in Charter)

Pennsylvania	000-18914	23-2078856
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3400 East Walnut Street, Comar, Pennsylvania 18915

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code:  (215) 997-1800

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

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 Operation and Financial Condition.

The information being furnished in this Item 2.02 and in Exhibit 99.1 shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as shall be expressly set forth by specific reference in such filing.

On October 30, 2009, Dorman Products, Inc. (the “Company”) issued a press release announcing its operating results for the second quarter ended September 26, 2009.  A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Certain statements in this report constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995.  While forward-looking statements sometimes are presented with numerical specificity, they are based on various assumptions made by management regarding future circumstances over many of which the Company has little or no control.  Forward-looking statements may be identified by words including "anticipate," "believe," "estimate," "expect," and similar expressions.  The Company cautions readers that forward-looking statements, including, without limitation, those relating to future business prospects, revenues, working capital, liquidity, and income, are subject to certain risks and uncertainties that would cause actual results to differ materially from those indicated in the forward-looking statements.  Factors that could cause actual results to differ from forward-looking statements include but are not limited to competition in the automotive aftermarket industry, concentration of the Company's sales and accounts receivable among a small number of customers, the impact of consolidation in the automotive aftermarket industry, foreign currency fluctuations, dependence on senior management and other risks and factors identified from time to time in the reports the Company files with the Securities and Exchange Commission.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected.  For additional information concerning factors that could cause actual results to differ materially from the information contained in this report, reference is made to the information in  Part I, "Item 1A, Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 27, 2008.

Item 9.01 Financial Statements and Exhibits.

Exhibit Number Description

99.1 Press Release dated October 30, 2009

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.

	DORMAN PRODUCTS, INC.
Date: October 30, 2009	By:	/s/ Mathias J. Barton
		Name: Mathias J. Barton
		Title: Chief Financial Officer

Exhibit Index

Exhibit Number Description

99.1 Press Release dated October 30, 2009

EX-99.1

Exhibit 99.1

NEWS RELEASE

	Corporate Headquarters:
	Dorman Products, Inc.
	3400 East Walnut Street
	Colmar, Pennsylvania 18915
	Fax: (215) 997-8577
For Further Information Contact:	Visit our Home Page:
Mathias J. Barton, CFO	www.dormanproducts.com
(215) 997-1800 x 5132
E-mail: MBarton@dormanproducts.com

Dorman Products, Inc. Reports Sales and Earnings for the Third Quarter Ended September 26, 2009

Colmar, Pennsylvania (October 30, 2009) – Dorman Products, Inc. (NASDAQ:DORM) today announced financial results for the third quarter ended September 26, 2009.

Revenues for the three months ended September 26, 2009 increased 8.2% over the prior year, excluding the impact of foreign currency exchange.  Reported sales for the three months ended September 26, 2009, were up 7.5% to $98.0 million from $91.2 million last year.  For the nine months ended September 26, 2009 revenues before the impact of exchange and the sale of our Canadian business were up 9.1% while reported sales for the nine month period rose 7.3% to $280.7 million from $261.6 million last year.  Revenue growth in both periods was driven by strong overall demand for our products and higher new product sales.

Net income in the third quarter of 2009 was $7.9 million compared to net income of $5.0 million in the same period last year.  Diluted earnings per share in the third quarter of 2009 rose 57% to $0.44 compared to $0.28 in the same period last year.  Net income in the first nine months of 2009 was $18.8 million compared to net income of $13.0 million in the same period last year.  Diluted earnings per share in the nine months ended September 26, 2009 were up 44% to $1.04 from $0.72 last year.

For the thirteen weeks ended September 26, 2009 and September 27, 2008:

· Gross profit margin was 36.0% in 2009 compared to 32.4% in the prior year. The increase is primarily the result of lower warranty and product return costs along with a reduction in freight expenses and certain material costs.

· Selling, general and administrative expenses in 2009 increased 6.2% to $22.3 million from $21.0 million in 2008.  The increase is the result of higher new product development and quality control spending and increased incentive compensation expense due to higher earnings levels, offset partially by lower operating costs in most other areas due to cost reduction initiatives.

· Interest expense, net, decreased to $0.1 million in 2009 from $0.2 million in 2008 due to lower borrowing levels and interest rates.

· Our effective tax rate decreased slightly to 38.6% from 38.9% in the prior year.

Mr. Richard Berman, Chairman and Chief Executive Officer, said, “Dorman sales increases continue to be driven by new product growth. This growth is fueled by Dorman’s recent new product successes and strong market acceptance of our new product lines and line extensions.  The strength of our balance sheet has allowed us to continue to fund these growth opportunities.  Our recent decision to move to a four-month distribution cycle for our Service Dealer Guide, which highlights many of these new products, will help increase awareness of the new items to our customers and end users.  We look forward to showcasing some of our new product opportunities for our customers during next week’s AAPEX Show.”

Dorman Products, Inc. is a leading supplier of OE Dealer “Exclusive” automotive replacement parts, automotive hardware, brake products, and household hardware to the Automotive Aftermarket and Mass Merchandise markets.  Dorman products are marketed under the Dorman (R), OE Solutions (TM), HELP! (R), AutoGrade (TM), First Stop (TM), Conduct-Tite (R), Symmetry (R) and Scan-Tech (R) brand names.

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected.  Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof.  Factors that could cause actual results to differ materially include, but are not limited to, those factors discussed in the Company’s 2008 Annual Report on Form 10-K under Item 1A - Risk Factors.

DORMAN PRODUCTS, INC. AND SUBSIDIARIES

Consolidated Statements of Operations

(in thousands, except per-share amounts)

	13 Weeks				13 Weeks
Third Quarter (unaudited)	9/26/09		Pct.		9/27/08		Pct.
Net sales	$	98,007		100.0	$	91,202		100.0
Cost of goods sold		62,710 64.0				61,697		67.6
Gross profit		35,297		36.0		29,505		32.4
Selling, general and
administrative expenses		22,318		22.8		21,010		23.1
Income from operations		12,979		13.2		8,495		9.3
Interest expense, net		52		-		221		0.2
Income before income taxes		12,927		13.2		8,274		9.1
Provision for income taxes		4,994		5.1		3,226		3.6
Net income	$	7,933		8.1	$	5,048		5.5
Earnings per share
Basic	$	0.45		-	$	0.29		-
Diluted	$	0.44		-	$	0.28		-
Average shares outstanding
Basic		17,657		-		17,660		-
Diluted		17,998		-		18,046

	39 Weeks				39 Weeks
Third Quarter (unaudited)	9/26/09		Pct.		9/27/08		Pct.
Net sales	$	280,680		100.0	$	261,638		100.0
Cost of goods sold		184,958		65.9		177,265		67.8
Gross profit		95,722		34.1		84,373		32.2
Selling, general and administrative expenses		65,003		23.2		62,463		23.8
Income from operations		30,719		10.9		21,910		8.4
Interest expense, net		204		-		774		0.3
Income before income taxes		30,515		10.9		21,136		8.1
Provision for income taxes		11,757		4.2		8,173		3.1
Net income	$	18,758		6.7	$	12,963		5.0
Earnings per share
Basic	$	1.06		-	$	0.73		-
Diluted	$	1.04		-	$	0.72		-
Average shares outstanding
Basic		17,647		-		17,684		-
Diluted		17,976		-		18,059		-

DORMAN PRODUCTS, INC. AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(Unaudited)

 (in thousands)

	9/26/09		12/27/08
Assets:
Cash and cash equivalents	$	5,697	$	5,824
Accounts receivable		88,553		77,101
Inventories		95,593		93,577
Deferred income taxe$		11,796		11,626
Prepaid expense$		1,895		2,135
Total current assets		203,534		190,263
Property & equipment		25,377		25,053
Goodwill		26,553		26,553
Other assets		2,020		1,553
Total assets	$	257,484	$	243,422

Liability & Shareholders’ Equity:
Current portion of long-term debt	$	6,039	$	86
Accounts payable		20,265		21,900
Accrued expenses and other		11,553		8,040
Total current liabilities		37,857		30,026
Long-term debt and other		2,564		17,464
Deferred income taxes		8,771		8,088
Shareholders’ equity		208,292		187,844
Total Liabilities and Equity	$	257,484	$	243,422

Selected Cash Flow Information:
(in thousands)	13 Weeks (unaudited)				39 Weeks (unaudited)
	9/26/09		9/27/08		9/26/09		9/27/08
Depreciation and amortization	$	2,027	$	1,893	$	5,774	$	5,707
Capital Expenditures	$	2,358	$	2,189	$	5,926	$	5,792