8-KEarnings & ResultsExhibits & Filings

COPART INC 8-K Report, Financial Results (Nov 28, 2012)

Filed November 28, 2012For Securities:CPRT

Summary

Copart, Inc. (CPRT) filed an 8-K on November 28, 2012, to report its financial results for the first quarter of fiscal year 2013, which concluded on October 31, 2012. The filing primarily serves to attach a press release detailing these results, which were announced on November 27, 2012. Investors should note that this information, while provided, is furnished under Item 2.02 and is not considered 'filed' for purposes of Section 18 of the Exchange Act, meaning it doesn't automatically get incorporated into other SEC filings unless explicitly referenced. The core of this report is the press release (Exhibit 99.1) containing the company's performance metrics for the quarter. While the 8-K itself does not contain the detailed financial figures, it directs investors to the press release for crucial information regarding Copart's operational and financial condition as of and for the period ended October 31, 2012. This typically includes revenue, profitability, and other key performance indicators relevant to the salvage auto auction industry.

Key Highlights

  • 1Copart, Inc. announced its Q1 FY2013 financial results on November 27, 2012.
  • 2The fiscal first quarter for FY2013 ended on October 31, 2012.
  • 3The 8-K filing's primary purpose is to furnish the press release containing these results (Exhibit 99.1).
  • 4The information provided is furnished under Item 2.02 (Results of Operations and Financial Condition).
  • 5This furnished information is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
  • 6Investors are directed to the press release for detailed financial performance information.
  • 7The filing date of the 8-K is November 28, 2012.

Frequently Asked Questions

The main purpose of this 8-K filing by Copart, Inc. is to officially announce and furnish its financial results for the first quarter of fiscal year 2013, which ended on October 31, 2012. It primarily serves to include the press release detailing these results.

The specific financial results for Copart's first quarter of fiscal year 2013 are contained within the press release dated November 27, 2012, which is furnished as Exhibit 99.1 to this 8-K filing.

No, the information furnished under Item 2.02 in this 8-K, specifically the press release, is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. Therefore, it is not subject to the liabilities associated with 'filed' information under that section, though it is still important for understanding the company's performance.

The financial results reported in this 8-K cover the first quarter of Copart's fiscal year 2013, which ended on October 31, 2012.