SEC Filing Summary: SYNNEX CORPORATION (Form 8-K)
Business Context and Reporting Period
This Current Report (Form 8-K) was filed on September 29, 2010, by SYNNEX Corporation. The filing primarily serves to announce the company's financial results for the fiscal third quarter ended August 31, 2010, and to disclose a change in the composition of the Board of Directors.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing the detailed financial results for the fiscal third quarter ended August 31, 2010. However, the body of this 8-K filing does not explicitly state specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these figures.
Material Changes and Corporate Actions
- Board Appointment: On September 29, 2010, Ms. Andrea M. Zulberti was appointed to the SYNNEX Board of Directors.
- Committee Assignments: Ms. Zulberti was simultaneously appointed to the Audit Committee and the Compensation Committee.
- Compensation: Ms. Zulberti will receive compensation consistent with that paid to other non-employee directors, as detailed in the company's 2010 proxy statement.
Guidance, Outlook, and Risks
The filing does not contain specific management commentary, forward-looking guidance, risk factors, or contingencies within the main text. It explicitly states that the information is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other filings except as expressly set forth.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q3 2010 revenue, earnings, and margin figures.
- Verify the biographical background and qualifications of the newly appointed director, Ms. Andrea M. Zulberti.
- Confirm the total number of board seats and committee compositions following this appointment.
- Check the 2010 Annual Meeting proxy statement for the specific compensation structure applicable to non-employee directors.