-----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, S6Z8iTTc5Qqn7IJQOtLtxPno6EXeWMXGWGOVle+NzHTySMh0b8KaPwwUUUiBII3r 9c25Br8QinGvfRgfgNkpvg== 0001193125-03-016185.txt : 20030702 0001193125-03-016185.hdr.sgml : 20030702 20030702150425 ACCESSION NUMBER: 0001193125-03-016185 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20030702 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANDARD PACIFIC CORP /DE/ CENTRAL INDEX KEY: 0000878560 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 330475989 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10959 FILM NUMBER: 03771497 BUSINESS ADDRESS: STREET 1: 15326 ALTON PARKWAY CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9497891600 MAIL ADDRESS: STREET 1: 15326 ALTON PARKWAY CITY: IRVINE STATE: CA ZIP: 92618 8-K 1 d8k.htm FORM 8-K 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): July 2, 2003

 

 

STANDARD PACIFIC CORP.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

(State or Other Jurisdiction

of Incorporation)

 

1-0959

(Commission

File Number)

 

33-0475989

(IRS Employer

Identification No.)

 

15326 Alton Parkway

    

Irvine, California

   92618

(Address of Principal Executive Offices)

   (Zip Code)

 

Registrant’s telephone number, including area code:     (949) 789-1600

 

Not Applicable

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

 


INFORMATION TO BE INCLUDED IN THE REPORT

 

Item 9.    Regulation FD Disclosure.

 

The following information is being furnished pursuant to Item 12 in accordance with Final Rule 33-8216.

 

On July 2, 2003, Standard Pacific Corp. (the “Company”) issued a press release announcing preliminary new home orders for the three month period ended June 30, 2003 (the “Press Release”). Attached hereto as Exhibit 99.1 and incorporated by reference herein is a copy of the Press Release.

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:    July 2, 2003

 

STANDARD PACIFIC CORP.

 

By:

 

/s/    ANDREW H. PARNES        


   

Name:  Andrew H. Parnes

   

Its:        Senior Vice President-Finance and

   

              Chief Financial Officer

 

 

2


EXHIBIT INDEX

 

Exhibit Number

  

Description of Exhibit


99.1

   Press Release announcing preliminary new home orders for the three-month period ended June 30, 2003.

 

3

EX-99.1 3 dex991.htm PRESS RELEASE Press Release

 

LOGO   

News Release

Standard Pacific Corp.

 

15326 Alton Parkway, Irvine, California 92618-2338

Contact: Andrew H. Parnes, Senior Vice President (949) 789-1616


 

FOR IMMEDIATE RELEASE ON WEDNESDAY, JULY 2, 2003

 

STANDARD PACIFIC CORP. REPORTS RECORD SECOND QUARTER ORDERS, UP 40%

 


 

IRVINE, CALIFORNIA, July 2, 2003

 

Standard Pacific Corp. (NYSE symbol “SPF”) announced today preliminary new home orders for the three-month period ended June 30, 2003.

 

     Preliminary
New Home Orders
April - June


   Average Number of
Active Selling Communities
April - June


     2003

   2002

   2003

   2002

Southern California

   666    690    24    28

Northern California

   258    277    19    17
    
  
  
  

Total California

   924    967    43    45
    
  
  
  

Texas

   128    150    18    24

Arizona

   545    383    23    20

Colorado

   82    68    12    10

Florida

   760    281    32    9

Carolinas

   144    —      10    —  
    
  
  
  

Total Company

   2,583    1,849    138    108
    
  
  
  

 

Florida and Carolina orders reflect the Company’s 2002 acquisitions of Westbrooke Homes in South Florida, Colony Homes in Central Florida and Westfield Homes in Tampa Bay, Southwest Florida and the Carolinas.

 

The Company’s cancellation rate for the 2003 second quarter was 15% compared to 17% for the 2002 second quarter.


The Company’s orders for the 2003 second quarter include 179 homes from 9 joint venture communities, compared to 177 homes from 9 joint venture communities in the 2002 second quarter.

 

Standard Pacific, one of the nation’s largest homebuilders, has built homes for more than 56,000 families during its 37-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers. Standard Pacific operates in some of the strongest housing markets in the country with operations in major metropolitan areas in California, Texas, Arizona, Colorado, Florida and the Carolinas. The Company provides mortgage financing and title services to its homebuyers through its subsidiaries and joint ventures, Family Lending Services, SPH Mortgage, WRT Financial, Westfield Home Mortgage, Universal Land Title of South Florida and SPH Title. For more information about the Company and its new home developments please visit our website at: www.standardpacifichomes.com.

 

This news release contains forward-looking statements. These statements include but are not limited to statements regarding orders. Such statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to differ materially from those that may be described or implied. Such factors include but are not limited to: local and general economic and market conditions, including consumer confidence, employment rates and interest rates. In addition, orders are typically subject to cancellation and may not result in sales. For a discussion of certain of the risks, uncertainties and other factors affecting the statements contained in this news release, see the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

 

2

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-----END PRIVACY-ENHANCED MESSAGE-----