Summary
This 8-K/A filing from Parker-Hannifin (PH) on August 13, 2013, is an amendment to a previous filing, primarily referencing a press release and webcast presentation issued on August 6, 2013. The core of the disclosure relates to the company's financial results for the quarter ended June 30, 2013. Investors should note that the company provided commentary on sales growth and cash flow from operations on a "comparable basis," excluding the impact of acquisitions, currency exchange rate fluctuations, and a discretionary pension plan contribution.
Key Highlights
- 1The filing is an amendment to a prior 8-K, indicating supplementary or corrected information was provided.
- 2Key financial discussions for the quarter ended June 30, 2013, were disclosed via a press release and webcast on August 6, 2013.
- 3Parker-Hannifin presented sales growth figures that exclude the impact of acquisitions.
- 4The company also provided sales growth metrics that exclude the effect of currency exchange rate fluctuations.
- 5Cash flow from operating activities as a percent of sales was discussed, with adjustments made for a discretionary pension plan contribution.
- 6These adjustments are intended to allow for a more meaningful comparable evaluation of performance period-over-period.