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EX-99.1 - EXHIBIT 99.1 - HUTCHINSON TECHNOLOGY INCexh_991.htm
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
 
August 1, 2014
Date of report (Date of earliest event reported)

HUTCHINSON TECHNOLOGY INCORPORATED
(Exact Name of Registrant as Specified in its Charter)
 
Minnesota
 
001-34838
 
41-0901840
(State of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)

40 West Highland Park Drive N.E.,
Hutchinson, Minnesota
 
55350
(Address of Principal Executive Offices)
 
(Zip Code)
 
(320) 587-3797
(Registrant’s Telephone Number, Including Area Code)
 
Not Applicable
(Former Name or Former 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 (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 2.02  Results of Operations and Financial Condition.
 
On August 1, 2014, we issued a press release regarding our financial results for the fiscal quarter ended June 29, 2014, which is furnished as Exhibit 99.1 hereto.
 
The press release includes certain “non-GAAP financial measures” within the meaning of the rules of the Securities and Exchange Commission.  With respect to such non-GAAP financial measures, we have disclosed in the press release the most directly comparable financial measure calculated and presented in accordance with generally accepted accounting principles (“GAAP”) and have provided a reconciliation of such non-GAAP financial measures to the most directly comparable GAAP financial measure.  Management believes that the non-GAAP measures provide useful information to investors regarding our results of operations and financial condition because they eliminate unusual items impacting earnings and facilitate a more meaningful comparison and understanding of our operating performance for the current, past and future periods.

Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits
 
99.1
Press Release dated August 1, 2014, regarding our financial results for the fiscal quarter ended June 29, 2014.
 
 
 
 

 
SIGNATURE
 
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.
 
 
HUTCHINSON TECHNOLOGY INCORPORATED
 
 
Date: August 1, 2014
/s/ David P. Radloff                                              
David P. Radloff
Vice President and Chief Financial Officer


 
 
 

 
EXHIBIT INDEX
 

No.
 
Description
 
Manner of Filing
         
99.1
 
Press Release dated August 1, 2014, regarding our financial results for the fiscal quarter ended June 29, 2014
 
Furnished Electronically