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MMS > SEC Filings for MMS > Form 8-K on 20-Jun-2013All Recent SEC Filings

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Form 8-K for MAXIMUS INC


Other Events, Financial Statements and Exhibits

Item 8.01 Other Events.

Stock split

As previously reported, on April 16, 2013, the Company's Board of Directors declared a two-for-one stock split in the form of a dividend of one share for each outstanding share for shareholders of record on June 14, 2013. The additional shares will be distributed on June 28, 2013. This will not change the proportionate interests that stockholders maintained in the Company.

We are providing selected financial information for past periods to reflect the effect of the stock split. All share and per share amounts have been adjusted for the two-for-one stock split throughout this report. The stock split has no impact on the previously reported results or consolidated net income of the Company. This information is being provided solely for informational purposes to show the effect of the stock split.

This selected financial information includes adjusted diluted earnings per share (EPS), which is a non-GAAP measure. We have provided a reconciliation from adjusted diluted EPS to diluted EPS, the most directly comparable measure computed in accordance with GAAP. Adjusted diluted EPS excludes the effects on earnings per share of legal and settlement expenses and insurance recoveries, the costs incurred related to the acquisition of Policy Studies, Inc., the benefit from a terminated contract and tax adjustments. We believe that adjusted diluted EPS serves as a useful basis for assessing the Company's performance excluding the effects of these items. Adjusted diluted EPS is not meant to be used in isolation or as an alternative to diluted EPS or any other measure of operating performance.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

99.1 Selected financial results

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