UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 23, 2003
INFOCUS CORPORATION
(Exact name of registrant as specified in its charter)
Oregon |
| 93-0932102 | |
(State or other jurisdiction of incorporation |
| (I.R.S. Employer Identification No.) | |
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27700B SW Parkway Avenue, Wilsonville, Oregon |
| 97070 | |
(Address of principal executive offices) |
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Registrant’s telephone number, including area code: 503-685-8888 |
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INFOCUS CORPORATION
FORM 8-K
INDEX
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| Financial Statements, Pro Forma Financial Information and Exhibits | |
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| Regulation FD Disclosure (Information provided pursuant to Item 12). | |
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Item 7. Financial Statements and Exhibits
(c) Exhibits
This list is intended to constitute the exhibit index:
99.1 Press release dated July 23, 2003 regarding the announcement of InFocus Corporation’s revenue and earnings for its second quarter ended June 30, 2003.
Item 9. Regulation FD Disclosure (Information provided pursuant to Item 12)
On July 23, 2003 InFocus Corporation issued a press release announcing a loss of $40.2 million, or $(1.02) per share, on revenues of $134.3 million for its second quarter ended June 30, 2003.
A copy of the July 23, 2003 press release is included as exhibit 99.1 hereto. This exhibit is not filed, but is furnished pursuant to Item 12. (a) of Form 8-K.
The Company provides in the press release certain non-GAAP financial measures, including pro forma net loss and pro forma net loss per share. As used herein, “GAAP” refers to accounting principles generally accepted in the United States. These non-GAAP financial measures exclude restructuring charges and certain non-operating adjustments from the directly comparable GAAP measures. As required by Regulation G, the press release contains a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures. The Company believes the non-GAAP measures are useful to investors because they provide an alternative method for measuring the operating performance of the Company’s business, excluding certain non-recurring and non-cash items that would normally be included in the most directly comparable GAAP financial measure. The Company’s management uses these non-GAAP financial measures along with the most directly comparable GAAP financial measures in evaluating the Company’s operating performance. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP, and non-GAAP financial measures as reported by the Company may not be comparable to similarly titled items reported by other companies.
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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.
Date: | July 23, 2003 | INFOCUS CORPORATION | ||
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| By: | /s/John V. Harker |
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| John V. Harker | ||
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| Chairman of the Board, President and | ||
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| (Principal Executive Officer) | ||
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| By: | /s/Michael D. Yonker |
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| Michael D. Yonker | ||
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| Senior Vice President, Finance, Chief Financial | ||
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| (Principal Financial Officer) |
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