Business Context and Reporting Period
Company: Ecolab Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: July 28, 2009
Reporting Period: Second quarter ended June 30, 2009
This filing announces the earnings results for the second quarter of 2009. The report incorporates by reference a news release issued on the same date, which details the financial performance.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached news release (Exhibit 99) referenced in the document.
Non-GAAP Disclosure: The company discloses non-GAAP pro forma diluted earnings per share. This measure excludes special gains and charges as well as discrete tax items for the second quarters of 2009 and 2008 to facilitate comparison of underlying business performance.
Material Changes
The filing does not explicitly detail material changes in financial metrics versus the prior comparable period within the text of the 8-K. It directs investors to the attached news release for the specific comparison of current and prior period operating results.
Guidance, Outlook, and Management Commentary
Management Commentary: Management states that disclosing non-GAAP financial measures helps investors understand underlying business performance by eliminating the effects of non-recurring items.
Guidance and Risks: The provided text does not contain specific forward-looking guidance, risk factors, contingencies, or unusual items beyond the general exclusion of special gains/charges in the non-GAAP calculation.
Investor Verification Checklist
- Review the attached news release (Exhibit 99) for specific revenue, net income, and earnings per share figures.
- Verify the specific amounts of special gains, charges, and discrete tax items excluded from the non-GAAP pro forma diluted earnings per share.
- Compare the reported second-quarter 2009 results against the second-quarter 2008 results as detailed in the news release.
- Confirm the availability of the full news release on the company website (www.ecolab.com) as referenced in the filing.