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) April 14, 2004
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Lexington Precision Corporation
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(Exact name of Registrant as specified in its charter)
Delaware 0-3252 22-1830121
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
767 Third Avenue, New York, NY 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 319-4657
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(Former name or former address, if changed since last report)
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(c) Exhibits
Exhibit 99.1 Press release dated April 14, 2004.
Item 12. Results of Operations and Financial Condition
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The information in this Form 8-K, including Exhibit 99.1 attached hereto,
shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, and shall not be incorporated by reference
into any filing of Lexington Precision Corporation (the "Company") under the
Securities Act of 1933, as amended, except as shall be expressly set forth by
specific reference in such filing.
On April 14, 2004, the Company issued a press release announcing financial
results for the fourth quarter and year ended December 31, 2003. A copy of the
press release is attached hereto as Exhibit 99.1.
The press release discusses a non-GAAP financial measure known as earnings
before interest, taxes, depreciation, and amortization ("EBITDA"). EBITDA is not
a measure of performance under accounting principles generally accepted in the
United States and should not be considered in isolation or used as a substitute
for income from operations, net income, net cash provided by operating
activities, or other operating or cash flow statement data prepared in
accordance with generally accepted accounting principles. EBITDA is referenced
in the attached press release and elsewhere in this Company's financial
reporting because investors and the Company's management use this measure to
evaluate the operating performance of the Company, including the Company's
ability to incur and to service debt. In the press release, the Company has
provided quantitative reconciliations of EBITDA to income (loss) from operations
and net loss, two GAAP financial measures.
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SIGNATURES
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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.
Dated: April 14, 2004 LEXINGTON PRECISION Corporation
By: /s/ Dennis J. Welhouse
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Name: Dennis J. Welhouse
Title: Senior Vice President and
Chief Financial Officer
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EXHIBIT INDEX
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Exhibit
Number Exhibit Name Location
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99.1 Press release dated April 14, 2004. Filed herewith
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