EDGEWATER TECHNOLOGY INC/DE/ - FORM 8-K - December 21, 2011

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EX-99 - PRESS RELEASE - EDGEWATER TECHNOLOGY INC/DE/newsrelease.htm
 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
_______________________________
 
FORM 8-K
 
 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): December 16, 2011
 
Edgewater Technology, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
000-20971
71-0788538
(State or other jurisdiction of incorporation)
(Commission File No.)
(IRS Employer Identification No.)
     
20 Harvard Mill Square
Wakefield, Massachusetts 01880
 
Registrant's telephone number, including area code: (781) 246-3343
 
________________________________________________________________________________
 
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 (see General Instruction A.2. below):
 
[   ]   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 2.05. Costs Associated with Exit or Disposal Activities.
 

On December 16, 2011, the management of Edgewater Technology, Inc. (the "Company") made the decision to abandon certain excess office space within its corporate headquarters in Wakefield, Massachusetts. As a result of the abandonment of such space, the Company expects to incur a fourth-quarter, non-cash operating expense charge of approximately $2.3 million. A copy of the Company's press release, dated December 21, 2011, announcing such abandonment is filed herewith as Exhibit 99.1 and is incorporated herein by reference in its entirety.

 

Item 2.06. Material Impairments.

The information set forth under Item 2.05 of this Current Report on Form 8-K is incorporated herein by reference.

 
Item 9.01. Financial Statements and Exhibits.
 

(d) Exhibits.

Exhibit Number

Description of Exhibit

99.1

Edgewater Technology, Inc. Press Release dated December 21, 2011.
 
 
SIGNATURES
 
Pursuant to the requirements 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.
 
Dated:   December 21, 2011
 
Edgewater Technology, Inc.
 
By: /s/ TIMOTHY R. OAKES
Name: Timothy R. Oakes
Title: Chief Financial Officer
(Principal Financial and Accounting Officer)



EDGEWATER TECHNOLOGY INC/DE/ Reports