8-KRegulation FDExhibits & Filings

COMFORT SYSTEMS USA INC 8-K Report, Regulation FD Disclosure (Nov 10, 2009)

Filed November 10, 2009For Securities:FIX

Summary

Comfort Systems USA, Inc. (FIX) has filed an 8-K on November 10, 2009, to disclose the posting of an investor presentation on its website. This presentation is intended for use with analysts, potential investors, and other stakeholders. It is important to note that the presentation includes financial information derived using non-GAAP (Generally Accepted Accounting Principles) measures. The company states that its management utilizes these non-GAAP metrics for performance analysis and believes they offer valuable supplemental insights into the core business operations. Investors should exercise caution when reviewing this information. While Comfort Systems USA argues that these non-GAAP measures are essential for a comprehensive understanding, they are not a replacement for GAAP-based financial results and may not be directly comparable to similar measures presented by other companies. The filing specifically states that the information furnished under Item 7.01 is not considered 'filed' and therefore does not subject the company to the liabilities of Section 18 of the Exchange Act, nor is it incorporated by reference into other SEC filings.

Key Highlights

  • 1Comfort Systems USA (FIX) released an investor presentation on November 10, 2009.
  • 2The presentation is available on the 'Investor' section of the company's website.
  • 3The company intends to use this presentation for discussions with analysts and investors.
  • 4Key takeaway: The presentation includes non-GAAP financial measures.
  • 5Management uses these non-GAAP measures to analyze performance and believes they provide supplemental understanding.
  • 6The company emphasizes that non-GAAP measures are not a substitute for GAAP results and may not be comparable to other companies' metrics.
  • 7Information furnished under Item 7.01 is not considered 'filed' for liability purposes.

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose that Comfort Systems USA, Inc. has made an investor presentation available on its website. This presentation is intended to be used when communicating with analysts, potential investors, and other interested parties.

The investor presentation includes financial information that is determined using methods other than Generally Accepted Accounting Principles (GAAP). These are referred to as non-GAAP financial measures.

Comfort Systems USA's management uses these non-GAAP measures in their analysis of the company's performance. The company believes that presenting certain non-GAAP measures provides useful supplemental information that helps in understanding the operating results of their core businesses.

No, investors should not view the non-GAAP disclosures as a substitute for operating results determined in accordance with GAAP. While the company believes they are essential for a proper understanding, they are supplemental. Additionally, these non-GAAP measures may not be comparable to similar measures presented by other companies.