Item 2.02 Results of Operations and Financial Condition.
On August 25, 2009, Dycom Industries, Inc. (the "Company") issued a press
release reporting fourth quarter of fiscal 2009 results. Additionally, on
August 26, 2009, the Company made available a slide presentation to be discussed
during the Company's webcast and conference call referred to in such press
release. A copy of the press release and slide presentation are furnished as
Exhibits to this report on Form 8-K and is incorporated herein by reference.
The press release and slide presentation include certain non-GAAP items that are
set forth in the GAAP reconciliation schedules provided in the release and slide
presentation. The Company believes these non-GAAP financial measures are useful
to investors because it allows for a more direct comparison of the Company's
performance for the quarter and annual period with the Company's performance in
the prior-year periods.
The information in the preceding paragraphs, as well as Exhibits 99.1 and 99.2,
shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the
liabilities of that section. It may only be incorporated by reference into
another filing under the Exchange Act or Securities Act of 1933 if such
subsequent filing specifically references this Current Report on Form 8-K.
Item 7.01 Regulation FD Disclosure
On August 25, 2009, Dycom Industries, Inc. (the "Company") issued a press
release reporting fourth quarter of fiscal 2009 results. Additionally, on
August 26, 2009, the Company made available a slide presentation to be discussed
during the Company's webcast and conference call referred to in such press
release. A copy of the press release and slide presentation are furnished as
Exhibits to this report on Form 8-K and is incorporated herein by reference.
The press release and slide presentation include certain non-GAAP items that are
set forth in the GAAP reconciliation schedules provided in the release and slide
presentation. The Company believes these non-GAAP financial measures are useful
to investors because it allows for a more direct comparison of the Company's
performance for the quarter and annual period with the Company's performance in
the prior-year periods.
The information in the preceding paragraphs, as well as Exhibits 99.1 and 99.2,
shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the
liabilities of that section. It may only be incorporated by reference into
another filing under the Exchange Act or Securities Act of 1933 if such
subsequent filing specifically references this Current Report on Form 8-K.
Forward Looking Statements
This Current Report on Form 8-K contains forward-looking statements as
contemplated by the 1995 Private Securities Litigation Reform Act. Such
statements include, but are not limited to, the Company's expectations for
revenues and margins. These statements are based on management's current
expectations, estimates and projections. Forward-looking statements are subject
to risks and uncertainties that may cause actual results in the future to differ
materially from the results projected or implied in any forward-looking
statements contained in this press release. Such risks and uncertainties
include: business and economic conditions in the telecommunications industry
affecting our customers, the adequacy of our insurance and other reserves and
allowances for doubtful accounts, whether the carrying value of our assets may
be impaired, the impact of any future acquisitions, the anticipated outcome of
other contingent events, including litigation, liquidity needs and the
availability of financing, as well as other risks detailed in the Company's
other filings with the Securities and Exchange Commission. These filings are
available on a web site maintained by the Securities and Exchange Commission at
http://www.sec.gov. The Company does not undertake to update forward looking
statements except as required by law.