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
APRIL 30, 2004
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Date of report (Date of earliest event reported)
SMITHWAY MOTOR XPRESS CORP.
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(Exact Name of Registrant as Specified in its Charter)
NEVADA 000-20793 42-1433844
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(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
2031 QUAIL AVENUE,
FORT DODGE, IOWA 50501
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(Address of Principal Executive Offices) (Zip Code)
(515) 576-7418
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(Registrant's Telephone Number, Including Area Code)
Item 7. Financial Statements and Exhibits.
(c) Exhibit
99 Press Release dated April 30, 2004
Item 12. Results of Operations and Financial Condition.
On April 30, 2004, Smithway Motor Xpress Corp. (the "Company") reported
its financial results for its first fiscal quarter ended March 31, 2004. See the
Company's press release dated April 30, 2004, which is furnished as Exhibit 99
hereto. The Company provides net earnings and the related per share amount
excluding the effects of tax-free life insurance proceeds in the press release.
The measures are not in accordance with, or an alternative for, generally
accepted accounting principles and may be different from operational income and
per share measures used by other companies. We believe that the presentation of
net earnings and the related per share amount excluding the one-time effect of
our receipt of life insurance proceeds provides useful information to investors
regarding business trends relating to our financial condition and results of
ongoing operations.
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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.
SMITHWAY MOTOR XPRESS CORP.
Date: May 4, 2004 /s/ Douglas C. Sandvig
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Douglas C. Sandvig
Senior Vice President, Chief Financial
Officer and Treasurer
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EXHIBIT INDEX
No. Description Manner of Filing
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99 Press Release dated April 30, 2004.............Filed Electronically