Form 8-K

 

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): April 24, 2003

 

 

            CERTEGY INC.            

(Exact name of Registrant as Specified in its Charter)

 

Georgia

  

001-16427

  

58-2606325

(State or other Jurisdiction of Incorporation or Organization)

  

(Commission File

Number)

  

(IRS Employer

Identification No.)

 

11720 Amber Park Drive

Suite 600

Alpharetta, Georgia

  

30004

(Address of principal executive offices)

  

(Zip code)

 

Registrant’s telephone number, including area code: (678) 867-8000

 

Not Applicable

(Former name or former address, if changed since last report)

 

 

 

ITEM 7.    FINANCIAL STATEMENTS, PRO FORMA INFORMATION AND EXHIBITS

 

(a)    Financial Statements of Businesses Acquired:

 

None.

 

(b)    Pro Forma Financial Information:

 

None.

 

(c)    Exhibits:

 

Exhibit No.

   

Description

99.1

   

Certegy Inc. press release dated April 24, 2003, announcing the Company’s financial results for the first quarter of 2003 (furnished pursuant to Items 9 and 12 of Form 8-K).

 

ITEM 9.    REGULATION FD DISCLOSURE

 

Pursuant to Exchange Act Release 47583, Certegy Inc. (“Certegy”) is furnishing the following information and Exhibit pursuant to Items 9 and 12 of Form 8-K.

 

On April 24, 2003, Certegy issued a press release to announce its financial results for the first quarter of 2003. A copy of the press release is attached as Exhibit 99.1.

 

During the first quarter of 2003, Certegy recognized $12.6 million of charges ($7.9 million after-tax, or $0.12 per diluted share) for contract termination, severance and other costs. The press release contains a reconciliation of first quarter 2003 financial results calculated and presented in accordance with GAAP to the results excluding these charges.

 

Management believes that presentation of the first quarter 2003 financial results excluding these charges is useful because it allows investors and management to evaluate and compare Certegy’s core operating results from ongoing operations from period to period in a more meaningful and consistent manner than relying exclusively on GAAP financial measures. Non-GAAP financial measures however should not be considered in isolation or as an alternative to financial measures calculated and presented in accordance with GAAP.

 

As used herein, “GAAP” refers to accounting principles generally accepted in the United States.

 

The information in this Report, including the Exhibit attached hereto, is furnished solely pursuant to Items 9 and 12 of this Form 8-K. Consequently, it is not deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section. It may only be incorporated by reference in another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references this Form 8-K.

 

 

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.

 

       

              CERTEGY INC

 

Date:    April 24, 2003

      

By:

  

  /s/  Michael T. Vollkommer

               

Michael T. Vollkommer

Corporate Vice President

and Chief Financial Officer