Business Context and Reporting Period
This filing is an Amendment No. 2 (Form 8-K/A) to a Current Report filed by Four Corners Property Trust, Inc. on October 24, 2018. The amendment addresses the acquisition of 48 Chili's properties from Brinker International, Inc., originally reported on August 8, 2018. The purpose of this specific filing is to provide additional unaudited pro forma financial information required by Item 9.01(b).
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references the inclusion of the following unaudited pro forma financial statements in Exhibit 99.1:
- Pro Forma Consolidated Balance Sheet as of June 30, 2018.
- Pro Forma Consolidated Statements of Income for the year ended December 31, 2017, and the six months ended June 30, 2018.
Material Changes
The material change reported is the acquisition of 48 Chili's properties. This filing serves to amend previous reports (Original Filings) to include the necessary pro forma financial data reflecting the impact of this acquisition on the Company's financial position.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies beyond the requirement to present pro forma financial information for the acquisition. No unusual items are described in the text of this amendment.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific unaudited pro forma consolidated balance sheet and income statements.
- Compare the pro forma metrics in Exhibit 99.1 against the Company's historical financials to assess the impact of the 48 Chili's property acquisition.
- Verify the details of the acquisition agreement referenced in the Original Filings (August 8, 2018, and October 1, 2018).