November 9th 2nd Quarter Fiscal 2006 AMERCO Conference Call
UNITED
STATES
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): November 9, 2005
AMERCO
(Exact
Name of Registrant as Specified in Charter)
|
Nevada
|
1-11255
|
88-0106815
|
|
(State
or Other Jurisdiction of Incorporation)
|
Commission
File
Number
|
IRS
Employer
Identification
No.
|
1325
Airmotive Way, Ste. 100, Reno, Nevada 89502-3239
(Address
of Principal Executive Offices)(Zip Code)
(775)
688-6300
(Registrant's
telephone number, including area code)
Not
applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
| |
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
| |
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
| |
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
| |
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
|
Item
2.02. Results
of Operations and Financial Condition.
The
information in this Current Report on Form 8-K is being furnished and shall
not
be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”), or otherwise subject to the
liabilities of that Section. The information in this Current Report shall not
be
incorporated by reference into any registration statement or other document
pursuant to the Securities Act of 1933, as amended, except as shall be expressly
set forth by specific reference in such a filing.
Exhibit
99.2 contains certain “non-GAAP financial measures” as defined in Item 10(e) of
Regulation S-K of the Exchange Act. We describe these non-GAAP financial
measures as “EBITDA plus Lease Expense” (which represents pretax earnings before
interest expense, depreciation and amortization and lease expense). While EBITDA
plus Lease Expense is not intended to represent cash flow from operations
as defined by generally accepted accounting principles and should not be
considered as an indicator of operating performance or an alternative to cash
flow as a measure of liquidity, it is intended to provide additional information
with respect to our ability to meet our future debt service, capital
expenditures and working capital requirements. “EBITDA” (which represents pretax
earnings before interest expense, depreciation and amortization). While EBITDA
is not intended to represent cash flow from operations as defined by generally
accepted accounting principles and should not be considered as an indicator
of
operating performance or an alternative to cash flow as a measure of liquidity,
it is intended to provide additional information with respect to our ability
to
meet our future debt service, capital expenditures and working capital
requirements. Exhibit 99.2 reconciles each of these non-GAAP financial measures
to the most directly comparable financial measure calculated and presented
in
accordance with accounting principles generally accepted in the United States
of
America (“GAAP”). Investors should note that these non-GAAP financial measures
involve judgments by management. We use EBITDA plus Lease Expense and
EBITDA to measure our performance internally in reports for
management.
Item
9.01. Financial
Statements and Exhibits.
(c)
Exhibits
99.1 Transcript
of AMERCO’s Second Quarter of Fiscal Year 2006 Investor Call and GAAP
reconciliation.
99.2 Information
about non-GAAP financial measures.
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.
Dated:
November 16, 2005
AMERCO
/s/
Jason A. Berg
Jason
A.
Berg
Chief
Accounting Officer of AMERCO