8-KRegulation FDExhibits & Filings

COMFORT SYSTEMS USA INC 8-K Report, Regulation FD Disclosure (May 2, 2017)

Filed May 2, 2017For Securities:FIX

Summary

Comfort Systems USA, Inc. (FIX) filed an 8-K on May 2, 2017, primarily to disclose the posting of an investor presentation on its website. This presentation, intended for analysts and investors, contains financial information that includes non-GAAP measures. The company states that these non-GAAP measures are used by management to analyze performance and are believed to provide useful supplemental information for understanding the core businesses' operating results.

Key Highlights

  • 1Company posted an investor presentation on its website on May 2, 2017.
  • 2The presentation is intended for use with analysts, potential investors, and other interested parties.
  • 3The investor presentation includes financial information derived using non-GAAP measures.
  • 4Management uses these non-GAAP measures for performance analysis.
  • 5The company believes non-GAAP measures offer essential supplemental information for understanding operating results.
  • 6The filing clarifies that non-GAAP disclosures are not a substitute for GAAP results and may not be comparable to other companies' metrics.
  • 7A copy of the presentation is furnished as Exhibit 99.1.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose that Comfort Systems USA, Inc. has posted an investor presentation on its website, which will be used in presentations to analysts and potential investors.

The investor presentation includes financial information, some of which is determined by methods other than generally accepted accounting principles (GAAP). These are referred to as non-GAAP measures.

Comfort Systems USA, Inc. uses these non-GAAP measures in its analysis of the company's performance. Management believes that presenting certain non-GAAP measures provides useful supplemental information that is essential for a proper understanding of the operating results of the company’s core businesses.

The company states that these non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.