UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 23, 2007
PULTE HOMES, INC.
(Exact name of registrant as specified in its Charter)
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Michigan
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1-9804
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38-2766606 |
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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100 Bloomfield Hills Parkway,
Suite 300, Bloomfield Hills, Michigan
(Address of principal executive offices)
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48304
(Zip Code) |
Registrants telephone number, including area code (248) 647-2750
(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:
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 2.05 COSTS ASSOCIATED WITH EXIT OR DISPOSAL ACTIVITIES
On May 30, 2007, Pulte Homes, Inc. (the Company) filed a Current Report on Form 8-K related to
its restructuring plan announced on May 29, 2007. At that time, the Company reported an expected
pre-tax charge in 2007 in the range of $40 million to $50 million in connection with the
restructuring plan but was not able in good faith to make a determination of an estimate or a range
of estimates of amounts to be incurred for each major type of cost nor the future cash expenditures
associated therewith as required by paragraphs (b) and (d) of Item 2.05 of Form 8-K. At this time,
the Company provides the following ranges of estimates for the major types of cost:
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Employee severance costs
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$25 million to $30 million |
Asset impairments
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$8 million to $10 million |
Lease terminations and other exit costs
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$7 million to $10 million |
Of these amounts, approximately $32 million to $40 million is expected to consist of cash
expenditures.
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.
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PULTE HOMES, INC.
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Date: June 18, 2007 |
By: |
/s/ Steven M. Cook
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Name: |
Steven M. Cook |
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Title: |
Vice President, General Counsel and Secretary |
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