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)

 

October 21, 2004

 

MICROCHIP TECHNOLOGY INCORPORATED

(Exact Name Of Registrant As Specified In Its Charter)

 

Delaware

 

0-21184

 

86-0629024

(State Or Other Jurisdiction Of
Incorporation)

 

(Commission File No.)

 

(IRS Employer Identification
No.)

 

2355 West Chandler Boulevard, Chandler, Arizona  85224-6199

(Address Of Principal Executive Offices)

 

(480) 792-7200

(Registrant’s Telephone Number, Including Area Code)

 

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:

 

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 2.02. Results of Operations and Financial Condition.

 

The information pursuant to Item 2.02 in this report on Form 8-K is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.

 

On October 21, 2004, we announced the results of our operations for the quarter ended September 30, 2004.  The complete release is attached to this report as Exhibit 99.1.

 

The attached press release includes information regarding certain of our historical results on a pro forma basis (a non-GAAP financial measure).  To supplement our consolidated condensed financial statements presented on a GAAP basis, we use non-GAAP additional measures of operating results, net earnings and earnings per share adjusted to exclude certain costs, expenses, gains and losses in order to enhance the overall understanding of our past financial performance and also the prospects for our future. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of the underlying operational results and trends and our performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside of our core operational results.  In addition, these adjusted non-GAAP results are among the primary indicators management uses as a basis for reviewing our financial results, budget planning and for planning and forecasting of future periods.  The presentation of this additional information is not meant to be considered in isolation or as a substitute for net earnings or diluted earnings per share prepared in accordance with generally accepted accounting principles in the United States.

 

Item 8.01. Other Events.

 

On October 21, 2004, we announced a cash dividend of $0.052 per share on our common stock.  The cash dividend is payable on December 1, 2004 to stockholders of record on November 15, 2004.

 

A copy of the press release announcing the dividend is filed as Exhibit 99.1 to this report on Form 8-K.

 

Item 9.01.              Financial Statements and Exhibits.

 

 

(c)

Exhibits

 

 

 

 

 

 

 

99.1

October 21, 2004 Press Release: Microchip Technology Announces Record Second Quarter Fiscal Year 2005 Financial Results and 13% Increase in Cash Dividend.

 

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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.

 

 

 

Microchip Technology Incorporated

 

 

(Registrant)

 

 

 

 

 

 

Dated October 21, 2004

By:

/s/ Gordon W. Parnell

 

 

 

Gordon W. Parnell

 

 

Vice President, Chief Financial Officer

 

 

(Principal Accounting and Financial Officer)

 

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EXHIBITS

 

 

99.1

 

October 21, 2004 Press Release: Microchip Technology Announces Record Second Quarter Fiscal Year 2005 Financial Results and 13% Increase in Cash Dividend.

 

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