ufp8k_060811.htm - Generated by SEC Publisher for SEC Filing

 

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):  June 8, 2011

 

 

Universal Forest Products, Inc.

(Exact name of registrant as specified in its charter)

 

 

Michigan

(State or other Jurisdiction

of Incorporation)

0-22684

(Commission File Number)

38-1465835

(IRS Employer Identification No.)

 

 

2801 East Beltline, NE

Grand Rapids, Michigan

(Address of Principal Executive Offices)

 

49525

(Zip Code)

 

 

Registrant's telephone number, including area code: (616) 364-6161

 

 

None

(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:

 

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

 

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

 

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17

       CFR 240.14d-2(b)).

 

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17

      CFR 240.13e-4(c)).

 

 


 

 

 

Item 8.01        Other Events

 

Changes to the Registrant’s customer market classifications have been made to improve our reporting by better aligning our customer market designations with available industry reporting and end market research.

 

While we still work in the same industries and markets -- DIY/Retail, Industrial, Site-built and Manufactured Housing – we have further defined these markets and  reclassified our customers into more specific categories.  

 

·         Retail building materials. This includes Do-It-Yourself retailers, but also customers like distributors and pro dealers.

·         Industrial. While this still includes packaging, crating and other products for manufacturers, it no longer includes concrete forming, which we’ve moved to our commercial construction category.

·         Commercial construction and concrete forming. This includes non-residential construction, as well as concrete forming materials.

·         Residential construction. This includes builders of single and multi-family homes.

·         Manufactured housing and recreational vehicles.

 

 

This change will be noted in press releases, SEC filings and other reporting beginning with the second quarter of 2011, and prior year sales will be reclassified into the new market designations.  A summary of historical quarterly sales in 2010 and the first quarter of 2011 based on our new market classifications are as follows:

 

Market

Q1 2010

Q2 2010

Q3 2010

Q4 2010

Total 2010

Q1 2011

Retail Building Materials

$187,026

$353,059

$222,842

$153,540

$916,467

$175,281

Industrial

95,591

129,073

120,613

105,130

450,407

109,645

Commercial Construction and Concrete Forming

14,389

16,914

19,003

17,878

68,184

14,429

Residential Construction

53,704

67,035

62,857

57,718

241,314

47,831

Manufactured Housing and Recreational Vehicles

48,936

82,831

64,175

49,828

245,770

47,035

Total Gross Sales

399,646

648,912

489,490

384,094

1,922,142

394,221

Sales Allowances

(6,688)

(10,277)

(8,916)

(5,409)

(31,291)

(6,988)

Total Net Sales

$392,958

$638,635

$480,574

$378,685

$1,890,851

$387,233

 

 

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SIGNATURE

 

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.

 

 

 

 

 

UNIVERSAL FOREST PRODUCTS, INC.

 

 

      (Registrant)

 

 

 

 

 

 

Dated:   June 8, 2011 

By:

/s/ Michael R. Cole

 

 

Michael R. Cole, Chief Financial Officer

 

 

and Treasurer

 

 

 

 

 

 

 

 

 

 

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