Cooper-Standard Holdings Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated August 14, 2006, reports on the results of operations for Cooper-Standard Holdings Inc. for the fiscal quarter ended June 30, 2006. The filing serves to disseminate a press release containing financial results and non-GAAP measures.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached press release (Exhibit 99.1), which is referenced but not included in the provided text.
Material Changes
The document does not detail specific material changes versus the prior comparable period. It only confirms that the attached press release discloses the results of operations for the quarter ended June 30, 2006.
Management Commentary and Non-GAAP Measures
- Non-GAAP Measures: The press release includes non-GAAP financial measures. Management states these are provided to help investors understand the metrics used to evaluate performance and compliance with financial covenants related to indebtedness.
- Reconciliation: A reconciliation from the non-GAAP measures to the most directly comparable GAAP measures is included in the press release.
- Legal Disclaimer: The information in this Form 8-K and the attached exhibit is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, earnings, and cash flow figures for the quarter ended June 30, 2006.
- Examine the reconciliation of non-GAAP measures to GAAP measures to understand adjustments made for covenant compliance.
- Verify the specific financial covenants mentioned by management that necessitate the use of non-GAAP metrics.
- Compare the reported results against the prior year quarter once the full press release data is obtained.