-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NsKQj5G76Y7C2qMkb51nsf9DoSsQ8gXrsX9mr3wHT4s7dMU1QVrP/DBhXt8B1wPt JLYtT9T9xjV0o/30bsBqPQ== 0000002969-98-000002.txt : 19980630 0000002969-98-000002.hdr.sgml : 19980630 ACCESSION NUMBER: 0000002969-98-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980629 ITEM INFORMATION: FILED AS OF DATE: 19980629 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIR PRODUCTS & CHEMICALS INC /DE/ CENTRAL INDEX KEY: 0000002969 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 231274455 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04534 FILM NUMBER: 98655926 BUSINESS ADDRESS: STREET 1: 7201 HAMILTON BLVD CITY: ALLENTOWN STATE: PA ZIP: 18195-1501 BUSINESS PHONE: 2154814911 8-K 1 CURRENT REPORT 29 JUNE 1998 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) 29 June 1998 -------------- AIR PRODUCTS AND CHEMICALS, INC. (Exact name of registrant as specified in charter) Delaware 1-4534 23-1274455 - ---------------------------- ------------------------ ---------------------- (State of other jurisdiction (Commission file number) (IRS Identification of incorporation) number) 7201 Hamilton Boulevard, Allentown, Pennsylvania 18195-1501 ------------------------------------------------ ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (610) 481-4911 -------------- Item 5. OTHER EVENTS. ---------------------- AIR PRODUCTS AND CHEMICALS, INC. and Subsidiaries RESTATED EARNINGS PER SHARE AMOUNTS Effective 15 June 1998, the Company initiated a two-for-one stock split. The following table summarizes the restatement of EPS for the two quarters in 1998 and each quarter and the years ended 30 September 1997 and 1996: (Millions of dollars, except per share) First Second Third Fourth Total - -----------------------------------------------------------------------------
31 MARCH 1998 Numerator for basic EPS and diluted EPS-net income $160.5 $120.5 Denominator for basic EPS - -weighted average shares 218.1 215.9 Effect of dilutive securities: Employee stock options 3.6 3.9 Other award plans 0.9 1.1 --- --- 4.5 5.0 Denominator for diluted EPS - -weighted average shares and assumed conversions 222.6 220.9 ===== ===== Basic EPS $.74 a $.56 ==== ==== Diluted EPS $.72 a $.55 ==== ==== 30 SEPTEMBER 1997 Numerator for basic EPS and diluted EPS-net income $99.9 $106.0 $116.0 $107.4 $429.3 Denominator for basic EPS - -weighted average shares 220.6 219.9 219.8 219.8 220.1 Effect of dilutive securities: Employee stock options 3.6 3.9 3.8 4.1 3.8 Other award plans 0.8 0.9 1.0 1.2 1.0 --- --- --- --- --- 4.4 4.8 4.8 5.3 4.8 Denominator for diluted EPS - -weighted average shares and assumed conversions 225.0 224.7 224.6 225.1 224.9 ===== ===== ===== ===== ===== Basic EPS $.45 $.48 $.53 $.49 $1.95 ==== ==== ==== ==== ===== Diluted EPS $.44 $.47 $.52 $.48 $1.91 ==== ==== ==== ==== =====
2 (Millions of dollars, except per share) First Second Third Fourth Total - -----------------------------------------------------------------------------
30 SEPTEMBER 1996 Numerator for basic EPS and diluted EPS-net income $89.0 $135.3 $98.0 $94.1 $416.4 Denominator for basic EPS - -weighted average shares 223.5 223.7 223.9 222.6 223.4 Effect of dilutive securities: Employee stock options 2.9 2.8 3.1 2.6 2.9 Other award plans 0.9 0.8 0.8 0.9 0.8 --- --- --- --- --- 3.8 3.6 3.9 3.5 3.7 Denominator for diluted EPS - -weighted average shares and assumed conversions 227.3 227.3 227.8 226.1 227.1 ===== ===== ===== ===== ===== Basic EPS $.40 $.60 b $.44 $.42 $1.86 ==== ==== ==== ==== ===== Diluted EPS $.39 $.60 b $.43 $.42 $1.83 ==== ==== ==== ==== =====
Note: Each quarter is calculated as a discrete period; the sum of the four quarters may not equal the calculated full-year amount. a Includes gains of $.16 and $.03 from the sale of American Ref-Fuel and a cogeneration project contract settlement, respectively. b Includes a gain of $.18 on the settlement with Bankers Trust Company over losses associated with leveraged interest rate swap contracts. 3 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, thereunto duly authorized. Air Products and Chemicals, Inc. --------------------------------- (Registrant) Dated: 29 June 1998 By: /s/ Paul E. Huck -------------------------- Vice President & Corporate Controller (Chief Accounting Officer) 4 -----END PRIVACY-ENHANCED MESSAGE-----