01—Abstract
Summary
Summary of the 10-K/A filed September 16, 1998. Cited figures are marked; the original filing is the authoritative source.
This document is Amendment No. 2 to Dover Corporation's Form 10-K for the fiscal year ended December 31, 1997, filed under Commission File No. 1-4018.
It contains no audited financial statements, revenue, earnings, or segment data. It exists to add information and exhibits required by Form 11-K for the Dover Corporation Retirement Savings Plan, filed under Rule 15d-21. Investors looking for Dover's 1997 operating or financial performance should consult the original 10-K and the 1997 Annual Report to Stockholders, which this filing incorporates by reference but does not reproduce.
The cover page provides some market context. As of February 27, 1998, Dover had 222,891,535 common shares outstanding. The aggregate market value of voting stock held by non-affiliates was about $8.10 billiona, based on a closing price of $38.625 per share on the New York Stock Exchange.
Dover's common stock trades on the NYSE, and the company has public debt outstanding in the form of 6.45%b Notes due 2005, 6.25% Notes due 2008, and 6.65% Debentures due 2028. For investors, the practical takeaway is that this amendment is administrative.
It does not change Dover's reported results, guidance, or risk disclosures. Its relevance is limited to the employee retirement savings plan's compliance and reporting.
02—Key points
Key Highlights
- Amendment No. 2 to the 1997 Form 10-K, filed solely to provide Form 11-K information for the Dover Corporation Retirement Savings Plan (Rule 15d-21).
- No financial statements, revenue, earnings, or balance sheet data are included in this amendment; those are incorporated by reference from the 1997 Annual Report.
- Approximately 222.9 million common shares outstanding as of February 27, 1998.
- Non-affiliate market value of about $8.10 billion, based on a $38.625 closing share price on the NYSE on February 27, 1998.
- Common stock is registered on the New York Stock Exchange (par value $1).
- Publicly registered debt includes 6.45% Notes due 2005, 6.25% Notes due 2008, and 6.65% Debentures due 2028.
- The company, Delaware-incorporated with headquarters at 280 Park Avenue, New York, reports that it has filed all required reports in the preceding 12 months.
03—Questions
Frequently Asked Questions
Does this amendment change Dover's 1997 financial results?
No. The amendment is limited to Form 11-K information and exhibits for the employee Retirement Savings Plan. It does not restate or modify Dover's reported 1997 financial results, which appear in the original 10-K and the 1997 Annual Report to Stockholders.
Where can I find Dover's 1997 financial statements?
They are not included in this document. The filing incorporates by reference certain portions of the 1997 Annual Report to Stockholders for Items I, II, and IV. Investors should review that report and the original Form 10-K for audited financials, segment information, and management discussion.
What is the purpose of a Form 11-K amendment?
Form 11-K is the annual report for employee stock or savings plans. When plan financial statements or exhibits are required to be filed with the parent company's annual report under Rule 15d-21, a 10-K/A is used to supply them. The amendment here provides that plan information for the year ended December 31, 1997.
How many shares were outstanding and what was the stock's valuation at the time?
As of February 27, 1998, there were 222,891,535 common shares outstanding. The stock closed at $38.625 on that date on the NYSE, and the non-affiliate aggregate market value was reported at about $8.10 billion.
04—Continue