Business Context and Reporting Period
This Form 8-K was filed by Orion Energy Systems, Inc. on January 13, 2014. The report addresses the completion of the acquisition of Harris Manufacturing, Inc. and Harris LED, LLC (the "Harris Acquisition"), which occurred on July 1, 2013. The filing provides unaudited pro forma financial data for the three months ended June 30, 2013, to reflect the impact of this acquisition.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references an attached Exhibit 99.1 containing the unaudited pro forma condensed consolidated statement of operations for the three months ended June 30, 2013, but the specific figures are not included in the provided text.
Material Changes
The primary material change reported is the inclusion of Harris Manufacturing, Inc. and Harris LED, LLC into Orion Energy Systems, Inc. following the July 1, 2013 acquisition. The pro forma statements supplement previously filed financial statements to show the combined entity's performance for the quarter ended June 30, 2013.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details regarding contingencies and unusual items beyond the disclosure of the acquisition and the accompanying pro forma financial statements.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific unaudited pro forma revenue and net income figures for the three months ended June 30, 2013.
- Verify the integration status and operational performance of Harris Manufacturing, Inc. and Harris LED, LLC post-acquisition.
- Compare the pro forma results with the Company's previously filed standalone financial statements to assess the acquisition's immediate impact.