0001104659-04-039714.txt : 20041215 0001104659-04-039714.hdr.sgml : 20041215 20041215143947 ACCESSION NUMBER: 0001104659-04-039714 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041215 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041215 DATE AS OF CHANGE: 20041215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COHERENT INC CENTRAL INDEX KEY: 0000021510 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 941622541 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-05255 FILM NUMBER: 041204461 BUSINESS ADDRESS: STREET 1: 5100 PATRICK HENRY DR CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 4087644000 MAIL ADDRESS: STREET 1: 5100 PATRICK HENRY DRIVE STREET 2: MAIL STOP P38 CITY: SANTA CLARA STATE: CA ZIP: 95054 FORMER COMPANY: FORMER CONFORMED NAME: COHERENT RADIATION DATE OF NAME CHANGE: 19770604 8-K 1 a04-14908_18k.htm 8-K

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)

December 15, 2004

Coherent, Inc.

(Exact name of registrant as specified in its charter)

Delaware	000-05255	94-1622541
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

5100 Patrick Henry Drive Santa Clara, CA 95054
(Address of principal executive offices, including zip code)

(408) 764-4000
(Registrant’s telephone number, including area code)


(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 (see General Instruction A.2. below):

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 8.01 Other Events.

On December 15, 2004, the registrant issued a press release announcing that its Lambda-Physik subsidiary would be discontinuing future product development and investments in its semiconductor lithography business, but that it would continue to support its installed lithography base. The text of the press release is included with this current report as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

Number		Description

99.1		Press release dated December 15, 2004.

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.

		COHERENT, INC. a Delaware corporation

	By:	/s/ Scott H. Miller
		Scott H. Miller
		Senior Vice President and General Counsel

Date: December 15, 2004

EXHIBIT INDEX

Number		Description

99.1		Press release dated December 15, 2004.

EX-99.1 2 a04-14908_1ex99d1.htm EX-99.1

Exhibit 99.1

(coherent	PRESS RELEASE

Editorial Contact:	For Release:
Peter Schuman	IMMEDIATE
(408) 764-4174	December 15, 2004
	No. 895

Coherent, Inc. Announces Decision to Discontinue Future Product Development and
Investments in Lithography

Coherent, Inc. (Santa Clara, CA) (Nasdaq:COHR), today announced its Lambda Physik subsidiary would discontinue future product development and investments in the semiconductor lithography market. Lambda will continue to support its installed lithography base. As a result of this decision, the Company expects to take an after-tax charge of between $3 and $6 million during the first quarter ending January 1, 2005. These charges are primarily related to excessive and obsolete inventories.

John Ambroseo, Coherent’s President and Chief Executive Officer commented, “Based upon careful analysis of market conditions, Lambda management concluded its new 193nm LithoTex™ laser will not generate a satisfactory economic return and its deployment has been cancelled. The anticipated savings resulting from these transactions, which will begin in calendar 2005, will be disclosed during the upcoming first fiscal quarter earnings conference call January 25, 2005.”

The statements in this press release that relate to future plans, events or performance, including statements such as the amount of the expected charge, and anticipated cost savings, are forward-looking statements. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update these forward-looking statements as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Readers are encouraged to refer to the risk disclosures described in the Company’s reports on Forms 10-K, 10-Q and 8K, as applicable.

Founded in 1966, Coherent, Inc. is a Standard & Poor’s SmallCap 600 company and a world leader in providing photonics based solutions to the commercial and scientific research markets. Please direct any questions to Peter Schuman, Director, Investor Relations at (408) 764-4174. For more information about Coherent such as product and financial updates, visit the Company’s website at http://www.coherent.com/.

5100 Patrick Henry Dr. • P. O. Box 54980, Santa Clara, California 95056–0980 • Telephone (408) 764-4000