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 14, 2010
LANDSTAR SYSTEM, INC.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction
of incorporation)
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021238
(Commission
File Number)
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06-1313069
(I.R.S. Employer
Identification No.) |
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13410 Sutton Park Drive South, Jacksonville, Florida
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32224 |
(Address of principal executive offices)
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(Zip Code) |
(904) 398-9400
(Registrants telephone number, including area code)
N/A
(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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.02 |
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Results of Operations and Financial Condition |
On October 14, 2010, Landstar System, Inc. issued a press release announcing results for the third
quarter of fiscal 2010. A copy of the press release is attached hereto as Exhibit 99.1.
In the press release attached hereto as Exhibit 99.1, the Company provided the following
information that may be deemed a non-GAAP financial measure: (1) net income and diluted earnings
per share for the fiscal quarter ended September 25, 2010, exclusive of one-time costs related to
the buy-out of contingent payment obligations and (2) percentage change in operating income and
diluted earnings per share for the fiscal quarter ended September 25, 2010, as compared to the
fiscal quarter ended September 26, 2009, exclusive of one-time costs related to the buy-out of
contingent payment obligations.
Management believes that it is appropriate to present this financial information for the following
reasons: (1) disclosure of these matters will allow investors to better understand the underlying
trends in the Companys financial condition and results of operations; (2) this information will
facilitate comparisons by investors of the Companys results as compared to the results of peer
companies; (3) management considers this financial information in its decision making.
The information furnished under Item 2.02 of this Current Report on Form 8-K, including Exhibit
99.1 hereto, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act
of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of
1933.
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Item 9.01 |
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Financial Statements and Exhibits |
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Exhibits |
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99.1 |
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News Release dated October 14, 2010 of Landstar System, Inc. |