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):
January 28, 2002 (January 24, 2002)
WESTERN DIGITAL CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 001-08703 33-095-6711
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
20511 Lake Forest Drive
Lake Forest, California 92630
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (949) 672-7000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS.
On January 24, 2002, Western Digital Corporation issued a press release
announcing its financial results for its second quarter of the 2002 fiscal year.
For its second quarter, the Company reported revenues of $575 million and net
income of $9.2 million, or $.05 per share, before nonrecurring items. The
results include an operating profit of approximately $15.3 million and unit
shipments of 7.7 million by the Company's hard drive business. Including
non-recurring items, the Company reported net income of $12.6 million, or $.07
per share, for its second quarter. Separately, the Company indicated that its
previously announced transaction with Fujitsu (Thailand) Company, Ltd. to
purchase a 155,000-square foot hard drive and head stack assembly building near
Bangkok, Thailand has been completed.
Attached hereto as Exhibit 99.1, 99.2 and 99.3, respectively, are
copies of the January 24, 2002 press release, an Investor Information Summary
and the Consolidated Statements of Operations with additional financial
information for the Company's second quarter of the 2002 fiscal year posted to
the Company's website at www.westerndigital.com, all of which are incorporated
herein by this reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
EXHIBIT DESCRIPTION
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99.1 Press Release dated January 24, 2002, announcing the Company's
financial results for its second quarter of the 2002 fiscal year.
99.2 Investor Information Summary.
99.3 Consolidated Statements of Operations.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date: January 28, 2002
WESTERN DIGITAL CORPORATION
By: /s/ Michael A. Cornelius
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Michael A. Cornelius
Vice President, Law and Administration
and Secretary
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