Business Context and Reporting Period
This Form 8-K is a current report filed by Dex Media, Inc. (formerly Dex One Corporation) on January 30, 2014. The filing serves as a Regulation FD disclosure regarding a post-confirmation quarterly report submitted by its subsidiary, SuperMedia LLC, to the United States Bankruptcy Court for the District of Delaware. The report covers the period from October 1, 2013, to December 31, 2013. Dex Media and SuperMedia emerged from Chapter 11 bankruptcy protection on April 30, 2013, following the confirmation of reorganization plans.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document explicitly states that the attached quarterly report (Exhibit 99.1) is limited in scope, was not audited or reviewed by independent accountants, and does not comply with GAAP. Consequently, no financial metrics are disclosed within the body of this 8-K filing.
Material Changes
The primary material event disclosed is the filing of the post-confirmation quarterly report by SuperMedia LLC. This filing is necessary because SuperMedia LLC's Chapter 11 proceeding remains open due to outstanding contested matters, unlike other Dex Media subsidiaries whose proceedings were closed in September 2013. No other material changes to the company's financial position or operations are detailed in this specific text.
Guidance, Outlook, and Risks
- Unaudited Data: The quarterly report is subject to future adjustment and reconciliation and may not contain all information required by the Securities Exchange Act of 1934.
- Forward-Looking Caution: Dex Media cautions that results in the quarterly report should not be viewed as indicative of future results and advises investors not to place undue reliance on the document.
- Legal Status: The filing clarifies that the information is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
- Contingencies: The continued open status of SuperMedia LLC's bankruptcy proceeding due to contested matters represents an ongoing contingency.
Investor Verification Checklist
- Verify the specific financial figures in the attached Exhibit 99.1 (SuperMedia LLC Post-Confirmation Quarterly Report), as they are not included in this summary text.
- Confirm the status of the "outstanding contested matters" keeping SuperMedia LLC's Chapter 11 proceeding open.
- Review subsequent SEC filings (e.g., 10-Q or 10-K) for GAAP-compliant financial data, as this report is non-GAAP and unaudited.
- Monitor for any updates regarding the closure of SuperMedia LLC's bankruptcy proceedings.