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| MHP > SEC Filings for MHP > Form 8-K on 27-Jan-2009 | All Recent SEC Filings |
27-Jan-2009
Regulation FD Disclosure
On January 27, 2009 Registrant issued an earnings release (the "Earnings Release") containing a discussion of Registrant's results of operations and financial condition for the fourth quarter and fiscal year ending December 31, 2008.
The Earnings Release contains financial results presented in accordance with U.S. generally accepted accounting principles that the Registrant reported 2008 earnings per diluted share of $2.51 compared to $2.94 for 2007. The 2008 results include a pre-tax restructuring charge of $73.4 million ($45.9 million after tax), or $0.14 per diluted share. The 2007 earnings per diluted share reflect a $0.03 gain on the divestiture of a mutual fund data business and a $0.08 restructuring charge. The Registrant also reported that for the fourth quarter of 2008 earnings per diluted share were $0.37, including a $0.05 restructuring charge. In the fourth quarter of 2007, earnings per diluted share were $0.43 including a $0.08 restructuring charge.
The Earnings Release contains a table on the Registrant's financial results that would not be presented in a GAAP statement of earnings to the effect that:
· Exhibit 3: Exhibit 3 presents adjusted operating results by segment, excluding the impact of the 2008 and 2007 restructuring charges and the 2007 gain on the sale of a mutual fund data business.
The Registrant believes that the disclosure of this data provides useful supplemental information for meaningful comparisons of the Company's results.
Item 9.01. Exhibits.
(99) Earnings Release of the Registrant, dated January 27, 2009, containing a discussion of Registrant's results of operations and financial condition for the fourth quarter and fiscal year ending December 31, 2008.
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