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): April 28, 2003
STANDARD PACIFIC CORP.
(Exact Name of Registrant as Specified in Charter)
Delaware (State or Other Jurisdiction of Incorporation) |
1-0959 (Commission File Number) |
33-0475989 (IRS Employer Identification No.) |
15326 Alton Parkway |
||
Irvine, California |
92618 | |
(Address of Principal Executive Offices) |
(Zip Code) |
Registrants telephone number, including area code: (949) 789-1600
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
INFORMATION TO BE INCLUDED IN THE REPORT
Item 9. Disclosure of Results of Operations and Financial Condition
The following information is being furnished pursuant to Item 12 in accordance with Final Rule 33-8216.
On April 28, 2003, Standard Pacific Corp. issued a press release announcing financial results for the quarter ended March 31, 2003 (the Press Release). Attached hereto as Exhibit 99.1 and incorporated by reference herein is a copy of the Press Release.
The financial presentation in the Press Release contains EBITDA, a non-GAAP financial measure. Management believes the presentation of this non-GAAP financial measure provides useful information to our investors regarding our financial condition and results of operations because EBITDA is (i) a useful measure of profitability and financial indicator of a companys ability to service debt and (ii) is used in covenants in our revolving credit facility and our public senior and senior subordinated notes. The Press Release also contains a reconciliation of Net Income to EBITDA.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 28, 2003
STANDARD PACIFIC CORP.
| ||
By: |
/s/ CLAY A. HALVORSEN | |
Name: Clay A. Halvorsen | ||
Its: Senior Vice President, General | ||
Counsel and Secretary |
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EXHIBIT INDEX
Exhibit Number |
Description of Exhibit | |
99.1 |
Press Release reporting first quarter earnings for the period ended March 31, 2003. |
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