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Washington, D.C. 20549
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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): October 1, 1997
Dycom Industries, Inc.
(Exact name of registrant as specified in its charter)
Florida 0-5423 59-1277135
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4440 PGA Boulevard, Suite 600 Palm Beach Gardens, Florida 33410
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (561) 627-7171
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Items 1 through 4. Not Applicable.
Item 5. On October 1, 1997, the registrant announced its operating results for
the month ending August 31, 1997. August 1997 was the first month of
combined operations of Dycom Industries, Inc. ("Dycom" or the "Company")
and Communications Construction Group, Inc. ("CCG"). Dycom acquired CCG on
July 29, 1997 in a business combination accounted for as a pooling of
interests.
The Company reported income before income taxes for the month ended
August 31,1997 of $2,341,571, an increase of 69% over the same period last
year. Net income for the month ended August 31, 1997 was $1,348,449 or $0.12
per common and common equivalent share on total revenues of $22,943,379.
These results compare to net income of $777,312, or $0.07 per common and
common equivalent share on total revenues of $18,979,679 for the month ended
August 31,1996. Fully diluted earnings per share was $0.12 for the month
ended August 31, 1997 compared to $0.07 for the same period last year.
The press release issued by Dycom on October 1, 1997 is attached
hereto as Exhibit 99.1 and incorporated herein by reference.
Item 6. Not applicable.
Item 7.
(a) Not Applicable
(b) Not Applicable
(c) Exhibits
99.1 Press release, dated October 1, 1997.
Item 8. Not applicable.
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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.
Dycom Industries, Inc.
(Registrant)
Date: October 16, 1997 /s/ Thomas R. Pledger
Thomas R. Pledger
Chairman and Chief Executive Officer
Date: October 16, 1997 /s/ Steven Nielsen
Steven Nielsen
President and Chief Operating Officer
Date: October 16, 1997 /s/ Douglas J. Betlach
Douglas J. Betlach
Vice President, Treasurer and
Chief Financial Officer