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Quotes & Info
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| KGS > SEC Filings for KGS > Form 8-K on 5-Nov-2008 | All Recent SEC Filings |
5-Nov-2008
Results of Operations and Financial Condition, Financial Statements a
On November 5, 2008, we issued a press release reporting our operating and financial results for the quarter ended September 30, 2008. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.
The press release contains a non-GAAP financial measure within the meaning of Regulation G promulgated by the Securities and Exchange Commission. We presented distributable cash flow for all periods presented in the press release. As part of the press release, we provided a reconciliation of distributable cash flow to net income, which is the most comparable financial measure determined in accordance with accounting principles generally accepted in the United States of America. Our management believes that distributable cash flow provides investors with information that is useful to an assessment of our operating performance and the cash flow generated by our operations. Other companies may calculate their distributable cash flow differently than we calculate our distributable cash flow and, accordingly, our distributable cash flow may not be comparable to similar measures disclosed by other companies.
(d) Exhibits.
Exhibit Number Description
99.1 Press release dated November 5, 2008.
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