Cooper Industries 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 2, 2012
Cooper Industries plc
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code: +353 (1) 6292222
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 2.02 Results of Operations and Financial Condition
First Quarter 2012 Results of Operations.
On May 2, 2012, Cooper Industries plc (the Company) issued the press release attached hereto as Exhibit 99.1 setting forth the Companys results of operations for the first quarter 2012. The press release includes a reference to free cash flow and the Companys net debt-to-total capitalization ratio. Reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures are set forth in the press release.
Company management believes that the presentation of free cash flow provides useful information regarding the Companys ability to generate cash without reliance on external financings. In addition, management uses free cash flow to evaluate resources available for investments in the business, strategic acquisitions and strengthening the balance sheet. Company management believes that the net debt-to-total capitalization ratio is a useful measure regarding the Companys financial leverage for evaluating the Companys ability to meet its funding needs.
Item 9.01 Financial Statements and Exhibits
99.1 Company press release dated May 2, 2012 titled, Cooper Industries Reports Record First Quarter Results
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.