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| NCS > SEC Filings for NCS > Form 8-K on 5-Mar-2013 | All Recent SEC Filings |
5-Mar-2013
Results of Operations and Financial Condition, Financial Statements and
On March 5, 2013, NCI Building Systems, Inc. ("NCI") issued a press release announcing NCI's financial results for the quarter ended January 27, 2013. 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 Income (Loss) Applicable to Common Shares and Adjusted Income
(Loss) Per Diluted Common Share which are non-GAAP financial measures. Adjusted
EBITDA, Adjusted Operating Income (Loss), Adjusted Net Income (Loss) Applicable
to Common Shares and Adjusted Income (Loss) Per Diluted Common Share exclude
acquisition-related 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) and transaction costs. Adjusted
EBITDA is calculated based on the terms contained in NCI's term loan credit
agreement. Adjusted EBITDA, Adjusted Operating Income (Loss), Adjusted Net
Income (Loss) Applicable to Common Shares and Adjusted Income (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 Income
(Loss) Applicable to Common Shares and Adjusted Income (Loss) Per Diluted Common
Share should not be considered in isolation or as substitutes for operating
income (loss), net income (loss) or net income (loss) applicable to common
shares 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 March 5, 2013. |
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