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DLX > SEC Filings for DLX > Form 8-K on 23-Apr-2009All Recent SEC Filings

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Form 8-K for DELUXE CORP

23-Apr-2009

Results of Operations and Financial Condition, Material Impairments, Financial Statem


Item 2.02 Results of Operations and Financial Condition.

Furnished as Exhibit 99.1 is a press release of Deluxe Corporation reporting results from first quarter 2009.



Item 2.06 Material Impairments.

On April 21, 2009, the Company determined that it would be required to record pre-tax impairment charges of $24.9 million. The charges relate to the goodwill and indefinite-lived trade name of a reporting unit in the Small Business Services segment. The impairment charges are the result of declines in the Company's stock price during the first quarter of 2009 coupled with the continuing impact of the economic downturn on expected operating results. The Company does not anticipate any future cash expenditures resulting from the impairment charge.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release, dated April 23, 2009, of Deluxe Corporation reporting results from first quarter 2009.

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