8-KEarnings & ResultsExhibits & Filings

CARPENTER TECHNOLOGY CORP 8-K Report, Financial Results (Jan 27, 2012)

Filed January 27, 2012For Securities:CRS

Summary

Carpenter Technology Corporation (CRS) filed an 8-K on January 27, 2012, primarily to report its fiscal 2012 second quarter results for the period ended December 31, 2011. This filing includes a press release detailing these results, offering investors a look into the company's recent operational and financial performance. Additionally, the report provides updated supplemental financial information related to changes in its reportable segments, including recasted historical data on pounds sold by segment. The company explicitly states that this recasting does not alter previously issued financial statements but aims to enhance the analysis of these segment changes for investors. The key takeaway for investors is the disclosure of Q2 FY12 earnings, alongside a clarification of segment reporting that aids in understanding historical performance across different business units. While the filing focuses on the dissemination of this information, it's important to note that the detailed financial figures from the earnings release are not embedded within the 8-K itself but are furnished as an exhibit. The supplemental data on pounds sold is provided to support the analysis of the announced segment realignments.

Key Highlights

  • 1Carpenter Technology Corporation filed an 8-K on January 27, 2012, to report fiscal 2012 second quarter results (ended December 31, 2011).
  • 2A press release detailing the Q2 FY12 earnings is furnished as Exhibit 99.1.
  • 3The company announced changes to its reportable segments and provided recasted historical financial information related to these changes via Exhibit 99.2.
  • 4Exhibit 99.2 includes supplemental data on pounds sold by segment for selected historical periods to aid analysis.
  • 5The recasted historical information does not constitute a restatement of previously issued financial statements.
  • 6The segment recasting and supplemental data have no impact on the Company’s historical consolidated financial position, results of operations, or cash flows.
  • 7K. Douglas Ralph, Senior Vice President – Finance and Chief Financial Officer, signed the report.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report Carpenter Technology Corporation's financial results for the second quarter of fiscal year 2012, which ended on December 31, 2011. It also provides updated information on the company's reportable segments and supplemental historical data to help investors analyze these changes.

The detailed financial results are contained in the press release furnished as Exhibit 99.1 to this Form 8-K. This exhibit provides the specific earnings information for the quarter ended December 31, 2011.

The company has realigned its reportable segments and, to aid analysis, has provided historical data (Exhibit 99.2) showing pounds sold according to these new segment definitions. This recasting is for analytical purposes and does not change any previously reported financial statements or the company's overall financial performance, results, or cash flows.

No, the company explicitly states that the recasted historical financial information does not represent a restatement of previously issued financial statements and has no impact on the Company’s historical consolidated financial position, results of operations, or cash flows. It's purely for enhancing the understanding of performance within the newly defined segments.