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): September 26, 2003
INTERFACE, INC. |
(Exact name of Registrant as Specified in its Charter) |
Georgia |
000-12016 |
58-1451243 |
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(State or other Jurisdiction of
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(Commission File |
(IRS Employer |
2859 Paces Ferry Road |
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(Address of principal executive offices) |
(Zip code) |
Registrant’s telephone number, including area code: (770) 437-6800
Not Applicable
(Former name or former address, if changed since last report)
ITEM 9. REGULATION FD DISCLOSURE.
This information set forth under this “Item 9. Regulation FD Disclosure”shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference to such filing.
On September 26, 2003, Haworth, Inc. and Interface, Inc. closed a previously-announced transaction for the purchase and sale of the assets of Interface Architectural Resources, Inc., a subsidiary of Interface, Inc. that manufactures raised/access flooring products. Interface, Inc. continues to expect total proceeds from the divestiture of the Interface Architectural Resources business (which includes the sale to Haworth as well as the liquidation of other remaining assets) to be approximately $4-5 million, which will result in an after-tax write-down of approximately $7-12 million during the third quarter of 2003 associated with the loss from the disposal of such operations.
This report contains statements which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Registrant and members of its management team, as well as the assumptions on which such statements are based. Any forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include risks and uncertainties associated with economic conditions in the commercial interiors industry as well as the risks and uncertainties discussed under the heading “Safe Harbor Compliance Statement for Forward-Looking Statements” included in Item 1 of the Company’s Annual Report on Form 10-K for the fiscal year ended December 29, 2002, which discussion is hereby incorporated by reference. The Registrant undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.
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.
INTERFACE, INC. |
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By: |
/s/ Patrick C. Lynch
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Date: September 26, 2003 |