UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 31, 2006
MOBILE MINI, INC.
(Exact name of registrant as specified in its charter)
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Delaware | | 1-12804 | | 86-0748362 |
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(State or other jurisdiction | | (Commission | | (IRS Employer |
of incorporation) | | File Number) | | Identification No.) |
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7420 South Kyrene Road, Suite 101, Tempe, Arizona
| | 85283 |
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(Address of principal executive offices)
| | (Zip Code) |
Registrant’s telephone number, including area code:(480) 894-6311
None
(Former name or former address, if changed since last report)
o | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02 Results of Operations and Financial Condition.
The purpose of this Current Report on Form 8-K/A is to amend the Current Report on Form 8-K of Mobile Mini, Inc. (the “Company”) furnished on October 31, 2006. In that prior report, the Company provided a reconciliation of EBITDA to net cash provided by operating activities in connection with its earnings press release. However, in this current report, certain amounts reflect classification changes that relate to net cash provided by operating activities. This current report sets forth below the amended reconciliation of EBITDA to net cash provided by operating activities (in thousands), which includes the effects of rounding.
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| | Three Months Ended | | | Three Months Ended | | | Nine Months Ended | | | Nine Months Ended | |
| | September 30, 2006 | | | September 30, 2005 | | | September 30, 2006 | | | September 30, 2005 | |
Reconciliation of EBITDA to net cash provided by operating activities: | | | | | | | | | | | | | | | | |
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EBITDA | | $ | 31,578 | | | $ | 21,597 | | | $ | 83,758 | | | $ | 65,181 | |
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Senior Note redemption premium | | | — | | | | — | | | | (4,987 | ) | | | — | |
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Interest paid | | | (7,624 | ) | | | (9,407 | ) | | | (22,350 | ) | | | (20,418 | ) |
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Income and franchise taxes paid | | | (365 | ) | | | (109 | ) | | | (476 | ) | | | (325 | ) |
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Provision for loss from natural disasters | | | — | | | | 1,710 | | | | — | | | | 1,710 | |
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Amoritization of share-based compensation | | | 763 | | | | — | | | | 2,298 | | | | — | |
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Gain on sale of lease fleet units | | | (1,373 | ) | | | (795 | ) | | | (3,605 | ) | | | (2,518 | ) |
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Loss on disposal of property, plant and equipment | | | 25 | | | | 41 | | | | 65 | | | | 475 | |
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Changes in certain assets and liabilities, net of effect of businesses acquired: | | | | | | | | | | | | | | | | |
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Receivables | | | (4,816 | ) | | | (1,957 | ) | | | (8,708 | ) | | | (4,045 | ) |
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Inventories | | | 599 | | | | (270 | ) | | | (1,774 | ) | | | (8,891 | ) |
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Deposits and prepaid expenses | | | (1,931 | ) | | | (2,187 | ) | | | (1,637 | ) | | | (933 | ) |
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Other assets and intangibles | | | 167 | | | | (29 | ) | | | 164 | | | | (8 | ) |
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Accounts payable and accrued liabilities | | | 2,902 | | | | 3,270 | | | | 6,467 | | | | 8,585 | |
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Net cash provided by operating activities | | $ | 19,925 | | | $ | 11,864 | | | $ | 49,215 | | | $ | 38,813 | |
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In accordance with general instruction B.2 to Form 8-K, information in this item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of such section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
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SIGNATURES
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.
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| | MOBILE MINI, INC. | | |
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Dated: November 10, 2006 | | | | Deborah Keeley | | |
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| | Name: | | Deborah Keeley | | |
| | Title: | | Senior Vice President and Principal Accounting Officer | | |
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