UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): NOVEMBER 14, 2003
CREDIT ACCEPTANCE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Commission File Number 000-20202
MICHIGAN 38-1999511
(State or other jurisdiction (I.R.S. Employer Identification No.)
of incorporation or organization)
25505 W. TWELVE MILE ROAD, SUITE 3000 48034-8339
SOUTHFIELD, MICHIGAN (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (248) 353-2700
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 Press Release dated November 14, 2003
ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On November 14, 2003, Credit Acceptance Corporation (the "Company"),
issued a press release announcing its financial results for the three and nine
months ended September 30, 2003. The press release, dated November 14, 2003, is
attached as Exhibit 99.1 to this Form 8-K.
The financial information included in the press release includes a
presentation of net income excluding certain expenses, in addition to the
presentation of the Company's reported net income. The Company believes this
information is helpful to investors in measuring the performance of the
business, in that excluding the impact of items that are deemed unlikely to
recur and foreign exchange losses on forward contracts more accurately reflects
the financial performance of the business.
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.
CREDIT ACCEPTANCE CORPORATION
(Registrant)
By: /s/ Douglas W. Busk
-------------------
Douglas W. Busk
Chief Financial Officer and Treasurer
November 17, 2003
INDEX OF EXHIBITS
EXHIBIT NO. DESCRIPTION
99.1 Press Release dated November 14, 2003.