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| NCS > SEC Filings for NCS > Form 8-K on 5-Sep-2012 | All Recent SEC Filings |
5-Sep-2012
Results of Operations and Financial Condition, Financial Statements and
On September 5, 2012, NCI Building Systems, Inc. ("NCI") issued a press release announcing NCI's financial results for the quarter ended July 29, 2012. A copy of the press release is attached as Exhibit 99.1.
NCI's press release includes Adjusted EBITDA, Adjusted Operating Income (Loss),
Adjusted Net Loss applicable to common shares and Adjusted Loss Per Diluted
Common Share which are non-GAAP financial measures. Adjusted EBITDA, Adjusted
Operating Income (Loss), Adjusted Net Loss applicable to common shares and
Adjusted Loss Per Diluted Common Share exclude acquisition-related costs, debt
extinguishment costs, executive retirement charges, convertible preferred stock
beneficial conversion feature and amendment charges, stock-based compensation
costs, restructuring charges (recovery), gain on embedded derivative, asset
impairments (recoveries), transaction costs, pre-acquisition contingency
adjustments and unusual actuarial determined general liability self-insurance
reserve adjustments. Adjusted EBITDA is calculated based on the terms contained
in NCI's term loan credit agreement. Adjusted EBITDA, Adjusted Operating Income
(Loss), Adjusted Net Loss applicable to common shares and Adjusted Loss Per
Diluted Common Share are measures used by management and, therefore, provided to
investors to provide comparability between periods of underlying operational
results. Adjusted EBITDA, Adjusted Operating Income (Loss), Adjusted Net Loss
applicable to common shares and Adjusted Loss Per Diluted Common Share should
not be considered in isolation or as substitutes for operating income (loss),
net income (loss) or loss per common share determined in accordance with
generally accepted accounting principles in the United States. The non-GAAP
financial measures are included in the press release furnished hereto as Exhibit
99.1.
The information in this Item 2.02 and in Exhibit 99.1 attached to this Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall they be deemed incorporated by reference in any registration statement or other filing under the Securities Act of 1933, as amended or the Exchange Act, except if NCI expressly states that such information is to be considered "filed" under the Exchange Act or incorporates it by specific reference in such filing.
(d) Exhibits.
Exhibit Number Description 99.1 Press Release dated September 5, 2012. |
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