8-K/AExhibits & Filings

QUANTA SERVICES, INC. 8-K/A Report, Exhibit Filing (Dec 22, 2021)

Filed December 22, 2021For Securities:PWR

Summary

This 8-K/A filing from Quanta Services, Inc. (PWR) serves as an amendment to a previous filing, primarily to provide the necessary financial disclosures related to the acquisition of Blattner Holding Company. Investors can find audited financial statements for Blattner for the year ended December 31, 2020, and unaudited financials for the six months ended June 30, 2021, included as exhibits. These financial statements are crucial for understanding the financial health and performance of the acquired entity prior to its integration with Quanta. Furthermore, the filing includes unaudited pro forma combined condensed financial statements. These pro forma statements present Quanta's financial position and results of operations as if the Blattner acquisition had occurred at an earlier date. This allows investors to better assess the potential impact of the acquisition on Quanta's overall financial performance and to analyze the combined entity's financial standing on a more comparable basis. The inclusion of these financial details is a key step in the post-acquisition reporting process.

Key Highlights

  • 1Quanta Services, Inc. (PWR) filed an 8-K/A amendment to provide updated financial information.
  • 2The amendment includes audited consolidated financial statements of Blattner Holding Company for the fiscal year ended December 31, 2020.
  • 3Unaudited consolidated financial statements for Blattner Holding Company for the six months ended June 30, 2021, are also provided.
  • 4Unaudited pro forma combined condensed financial statements of Quanta, reflecting the Blattner acquisition, are included.
  • 5These pro forma statements cover the six months ended June 30, 2021, and the full year ended December 31, 2020.
  • 6The filing incorporates the financial statements and pro forma information by reference as exhibits.
  • 7A consent from Grant Thornton LLP is also included as an exhibit.

Frequently Asked Questions

The primary purpose of this 8-K/A filing is to provide the necessary financial statements and pro forma information related to Quanta Services' acquisition of Blattner Holding Company, as required by SEC regulations following a significant business acquisition.

The filing includes the audited consolidated financial statements of Blattner for the full year ended December 31, 2020, and the unaudited consolidated financial statements for the six-month period ended June 30, 2021.

Pro forma financial statements show how the combined company might have looked if the acquisition had happened earlier. They are important for investors to understand the potential financial impact of the Blattner acquisition on Quanta's overall performance and to assess the combined entity's financial position on a more comparable basis.

The pro forma financial statements give effect to the acquisition for the six-month period ended June 30, 2021, and for the year ended December 31, 2020, allowing for retrospective analysis of the combined entity.