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 27, 2004 |
| Banta Corporation |
| (Exact name of registrant as specified in its charter) |
| Wisconsin |
1-14637 |
39-0148550 |
| (State or other | (Commission File | (IRS Employer |
| jurisdiction of | Number) | Identification No.) |
| incorporation) |
| 225 Main Street, Menasha, Wisconsin 54952 |
| (Address of principal executive offices, including zip code) |
| (920) 751-7777 |
| (Registrant's telephone number) |
Item 7. Financial Statements and Exhibits.
| (a) | Not applicable. |
| (b) | Not applicable. |
| (c) | Exhibits. The following exhibit is being furnished herewith: |
| (99) | Press Release of Banta Corporation dated July 27, 2004. |
Item 12. Results of Operations and Financial Condition.
On July 27, 2004, Banta Corporation (the “Company”) issued a press release announcing its financial results for the second quarter and six months ended July 3, 2004. A copy of such press release is furnished as Exhibit 99 and is incorporated by reference herein.
Use of Non-GAAP Measures
The Company reports its financial results of operations in accordance with generally accepted accounting principles (“GAAP”). The Company has also provided non-GAAP financial information to complement its consolidated financial statements presented in accordance with GAAP. The non-GAAP financial measures included in the Company’s earnings release are the Company’s second quarter and six-months ended June 28, 2003 net earnings and net earnings per share before litigation settlement costs and restructuring costs associated with the Company’s 2003 restructuring activities. Management believes it is useful for investors to understand how its core operations performed without the effects of such costs.
In the Company’s judgment, excluding these costs from the Company’s 2003 financial results allows investors to trend, analyze and benchmark in a meaningful manner the performance of the Company’s core operations. In addition, the Company believes that providing net earnings and net earnings per share before these costs provides another useful comparison of the Company’s operational performance in 2004 to the comparable three- and six-month periods in 2003. Many of the Company’s internal performance measures exclude these costs to enable meaningful trending of core operating metrics over an extended period of time. The Company has provided within the earnings release a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures.
The non-GAAP financial measures included in the Company’s earnings release are intended to supplement the reader’s overall understanding of the Company’s current financial performance and its prospects for the future. However, the non-GAAP financial measures are not intended to supercede or replace the Company’s GAAP results or expectations.
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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.
| BANTA CORPORATION | |
Date: July 27, 2004 |
By: /s/ Ronald D. Kneezel |
| Ronald D. Kneezel | |
| Vice President, General Counsel and Secretary |
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BANTA CORPORATION
FORM
8-K
EXHIBIT INDEX
| Exhibit Number |
Description |
| (99) | Press Release of Banta Corporation, dated July 27, 2004. |
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