Business Context and Reporting Period
This Form 8-K, dated June 17, 2020, is filed by Fox Factory Holding Corp. to amend a previous report regarding the acquisition of SCA Performance Holdings, Inc. The filing's sole purpose is to provide additional unaudited pro forma financial information for the three months ended April 3, 2020, to be incorporated into registration statements.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. It references Exhibit 99.1, which contains the Unaudited Pro Forma Combined Condensed Statement of Income, but the numerical data from that exhibit is not included in the provided text.
Material Changes
The material change reported is the amendment of the March 16, 2020, Form 8-K to include updated pro forma financial information related to the completed acquisition of SCA Performance Holdings, Inc.
Guidance, Outlook, and Risks
Management commentary is limited to a standard disclaimer stating that the pro forma financial information is for informational purposes only. It is not necessarily indicative of actual results had the transaction occurred on the assumed date, nor is it indicative of future consolidated results or financial position. No specific guidance, outlook, or new risks are detailed in this text.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific pro forma revenue and income figures for the three months ended April 3, 2020.
- Verify the impact of the SCA Performance Holdings acquisition on the company's consolidated balance sheet and debt levels.
- Confirm the status of any registration statements that will incorporate this pro forma data.