UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 9, 2005
VICOR CORPORATION
(Exact name of Registrant as specified in charter)
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| Delaware
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0-18277
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04-2742817 |
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(State or other jurisdiction
of incorporation)
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(Commission file number)
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(IRS employer
identification no.) |
25 Frontage Road, Andover, Massachusetts 01810
(Address of principal executive offices) (Zip Code)
(978) 470-2900
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, 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 (see General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
Item 2.02 Results of Operations and Financial Condition.
On August 9, 2005, Vicor Corporation (the “Company”) updated its previously issued news release
dated July 18, 2005 to reflect certain financial statement reclassifications. There was no change
to the Company’s previously reported net income (loss) or net income (loss) per share for the three
and six months ended June 30, 2005 as a result of these reclassifications, and these
reclassifications have been reflected in the Company’s Quarterly Report on Form 10-Q for the
quarter ended June 30, 2005 filed earlier today.
Specifically, the $2.5 million litigation settlement was reclassified from license revenue to gain
from litigation-related settlement, net. The $250,000 contingency fee paid by the Company to its
litigation counsel in connection with the settlement was reclassified from sales and administration
expense and netted against the $2.5 million payment.
In addition, in the consolidated balance sheet, the Company increased other accrued liabilities as
of June 30, 2005 by $5,020,000 to record a dividend payable, with a corresponding reduction of the
same amount to retained earnings, for the annual cash dividend of $.12 per share of the Company’s
stock that was declared on June 24, 2005 by the Company’s Board of Directors.
A copy of the updated July 18, 2005 news release is filed as an exhibit to this report.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits. The following exhibit is being furnished herewith:
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99.1
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Vicor Corporation’s press release dated July 18, 2005, updated on August 9, 2005. |
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