01—Abstract
Summary
Summary of the 10-K/A filed June 29, 1999. Cited figures are marked; the original filing is the authoritative source.
This filing is Amendment No. 1 (Form 10-K/A) to Dover Corporation's annual report for the fiscal year ended December 31, 1998.
It does not contain the company's financial statements, operating results, or management discussion. Its stated purpose is to add information, amended financial statements, and exhibits required by Form 11-K for the Dover Corporation Retirement Savings Plan under Rule 15d-21 of the Securities Exchange Act. The main financial and business disclosures remain in the original 10-K and the 1998 Annual Report to Stockholders, which the filing incorporates by reference.
The cover page provides some baseline market data. As of March 1, 1999, Dover had 215,894,434 common shares outstanding, and the stock closed at $34.125a on the NYSE. The aggregate market value of shares held by non-affiliates was about $6.86 billion.
The company's debt securities listed on the cover include 6.45%b Notes due 2005, 6.25% Notes due 2008, and 6.65% Debentures due 2028. For investors, this amendment is mainly administrative.
It is relevant for those who want to review the employee retirement savings plan, but it does not provide new information on revenue, earnings, cash flow, segment performance, or guidance. Analysts should review the original 10-K and the 1998 Annual Report for those figures.
02—Key points
Key Highlights
- Filing type: Amendment No. 1 (10-K/A) for fiscal year ended December 31, 1998, filed to add Form 11-K information
- Scope limited to the Dover Corporation Retirement Savings Plan financial statements and exhibits under Rule 15d-21; no consolidated financials included
- Common stock outstanding of 215,894,434 shares as of March 1, 1999, listed on the New York Stock Exchange
- Share price of $34.125 on March 1, 1999, implying non-affiliate market value of approximately $6.86 billion
- Public debt outstanding includes 6.45% Notes due 2005, 6.25% Notes due 2008, and 6.65% Debentures due 2028
- Financial statements and business details are incorporated by reference from the 1998 Annual Report to Stockholders and the 1999 Proxy Statement (annual meeting March 18, 1999)
03—Questions
Frequently Asked Questions
Why was this 10-K/A filed?
The amendment adds information, amended financial statements, and exhibits required by Form 11-K for the Dover Corporation Retirement Savings Plan for the year ended December 31, 1998. It is a compliance filing for the employee plan and does not revise the company's main financial results.
Does this filing contain Dover's revenue, earnings, or balance sheet data?
No. The excerpt provided covers only the cover page, share and market value data, and the Form 11-K amendment purpose. Consolidated financial results are contained in the original 10-K and the 1998 Annual Report to Stockholders, which are incorporated by reference.
How large is Dover's equity market value based on this filing?
Based on 215,894,434 shares outstanding and the $34.125 closing price on March 1, 1999, total equity market capitalization would be roughly $7.37 billion. The filing reports $6.86 billion for non-affiliate holdings only, which excludes shares held by affiliates.
What debt securities does Dover have registered with the SEC?
The cover page lists three registered debt issues: 6.45% Notes due November 15, 2005, 6.25% Notes due June 1, 2008, and 6.65% Debentures due June 1, 2028. Debt amounts, covenants, and maturity schedules are not included in this amendment.
04—Continue