Item 8.01 Other Events
As previously announced in a report on Form 8-K we filed on July 25, 2008,
our board of directors approved a change in our fiscal year end from
October 31st to September 30th commencing with our 2009 fiscal year. As a result
our 2009 fiscal year was shortened from 12 months to 11 months and the fourth
quarter of our 2009 fiscal year was shortened from 3 months to 2 months. Both of
those periods ended on September 30, 2009. Fiscal years after 2009 also will end
on September 30th.
On August 19, 2009 and September 4, 2009, we furnished certain unaudited
pro forma financial information on reports on Form 8-K so our shareholders and
other stakeholders could more easily compare future financial results that will
be reported on our new quarterly reporting cycle to prior comparable periods. We
are now furnishing additional pro forma financial information with this report
on Form 8-K. It updates the information previously provided to include unaudited
pro forma financial information for the three-month period ended September 30,
2009.
Historically, we have recorded certain normal, recurring adjustments only
on a quarterly basis. As a result, the exhibits furnished with this report,
which are restated based on our new fiscal year end, do not include all of the
information required by U.S. generally accepted accounting principles for
complete financial statements. In addition, this report contains certain
non-GAAP financial measures. We use a number of different financial measures,
both GAAP and non-GAAP, in analyzing and assessing our overall business
performance, for making operating decisions, and for forecasting and planning
future periods. More information on our use of non-GAAP financial measures is
described in the exhibits to this report.
All of the information included in this report and in the related exhibits
is furnished. None of this information shall be deemed to be "filed" for the
purposes of Section 18 of the Securities Exchange Act of 1934 ("Exchange Act")
or otherwise subject to the liabilities of that section, unless we specifically
incorporate it by reference in a document filed under the Securities Act of 1933
or the Exchange Act. By furnishing this information, we make no admission as to
the materiality of any information in this report, including, but not limited
to, information included in the exhibits to this report. None of the financial
information included in this report was audited or subjected to a review by our
independent public accountants.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 - Pro forma historical financials for ADC Telecommunications based on our
new fiscal year.
