Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of
1934
Date
of
Report (Date of earliest event reported):
May
6,
2008
PERRIGO
COMPANY
(Exact
name of registrant as specified in its charter)
|
MICHIGAN
|
|
0-19725
|
|
38-2799573
|
|
(State
of other Jurisdiction of
Incorporation)
|
|
(Commission
File Number)
|
|
(IRS
Employer Identification No.)
|
| 515
Eastern Avenue, Allegan, Michigan |
|
49010
|
| (Address of principal executive
offices) |
|
(Zip
Code)
|
Registrant's
telephone number, including area code: (269)
673-8451
|
Not
Applicable
|
|
(Former
name or address, if changed since
last report)
|
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
ITEM
2.02. Results
of Operations and Financial Condition
On
May
6,
2008,
the
Perrigo Company released earnings for the third quarter and fiscal year
2008.
The
earnings release contains non-GAAP measures which are defined as a financial
measure of the Company’s performance that excludes or includes amounts thereby
differentiating it from the most directly comparable measure presented in the
financial statements that are calculated and presented in accordance with
Generally Accepted Accounting Principles (GAAP). Pursuant to the requirements
of
Regulation G, the Company has provided a reconciliation for gross profit,
operating income, net income and earnings per share within its earnings release
to the most directly comparable GAAP measure for these non-GAAP
measures.
The
Company excludes the items listed below in the applicable fiscal year when
monitoring and evaluating the on-going financial results and trends of its
business due to the unusual nature of these items. The Company
believes that presenting operating results excluding these items is
also useful for investors since it provides important insight into the
Company's on-going core business operations on a normalized
basis.
Items
excluded from reported results:
Fiscal
2008
-
A
charge to cost of sales associated with the step-up in value of inventory
acquired
-
A
restructuring charge for organizational improvements
-
A
write-off of in-process research and development
Fiscal
2007
-
A
restructuring charge for organizational improvements
-
A
write-off of in-process research and development
The
press
release related to Perrigo’s earnings is attached as Exhibit 99.1.
The
information in this Report is being furnished and shall not be deemed “filed”
for the purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that Section. The
information in this Report shall not be deemed incorporated by reference into
any filing under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such filing.
ITEM
9.01. Financial
Statements and Exhibits
(d) Exhibits
| |
99.1
|
Press
release issued by Perrigo Company on May
6,
2008, furnished solely pursuant to Item 2.02 of Form
8-K.
|
SIGNATURES
Pursuant
to the requirement of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
|
|
| |
PERRIGO
COMPANY
(Registrant)
|
|
|
|
| Date: May
6,
2008 |
By: |
/s/ Judy
L.
Brown |
|
|
Judy L. Brown
Executive Vice President and
Chief
Financial Officer
(Principal
Accounting and Financial Officer)
|
| |
|
Exhibit
Index
Exhibit
99.1 - Press Release issued by Perrigo Company on May
6,
2008,
furnished solely pursuant to Item 2.02 of Form 8-K.