Summary
This Form 8-K filing by Ecolab Inc. (ECL) on January 8, 2013, primarily serves to disclose anticipated non-GAAP adjusted diluted earnings per share (EPS) ranges for both the full year ended December 31, 2012, and the upcoming year ending December 31, 2013. The company emphasizes that these non-GAAP figures exclude special gains/charges and discrete tax items, with management asserting their utility in providing investors with enhanced transparency and enabling better period-over-period comparisons of financial performance. The filing incorporates by reference a news release containing these disclosures. Investors should note that the information provided under Items 2.02 and 7.01, including the attached exhibit, is furnished and not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934, meaning it does not carry the same legal implications as a formally filed document. This 8-K is thus a forward-looking communication regarding financial expectations.
Key Highlights
- 1Ecolab Inc. provided an update on its expected non-GAAP adjusted diluted EPS for the fiscal year 2012.
- 2The company also disclosed its expected range for non-GAAP adjusted diluted EPS for the fiscal year 2013.
- 3These non-GAAP earnings exclude "special gains and charges" and "discrete tax items".
- 4Management believes these non-GAAP metrics offer investors greater transparency.
- 5The disclosed metrics are intended to facilitate easier period-over-period financial comparison.
- 6The information was disseminated via a news release dated January 8, 2013, attached as an exhibit.
- 7The disclosures under Items 2.02 and 7.01 are furnished, not formally filed, and are not incorporated by reference into other filings unless expressly stated.