form8k.htm
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 24,
2007
Kirby
Corporation
(Exact
name of registrant as specified in its charter)
Nevada
|
1-7615
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74-1884980
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(State
or other jurisdiction of incorporation
or organization)
|
(Commission
File Number)
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(I.R.S.
Employer Identification
No.)
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|
|
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55
Waugh Drive, Suite 1000
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77007
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Houston,
Texas
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(Zip
Code)
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(Address
of principal executive offices)
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Registrant’s
telephone number, including area code:
(713)
435-1000
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.
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Results
of Operations and Financial
Condition
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On
October 24, 2007, Kirby Corporation (“Kirby”) issued a press release announcing
earnings for the three months and nine months ended September 30,
2007. A copy of the press release is attached as Exhibit 99.1 to this
report.
EBITDA,
a
non-GAAP financial measure, is used in the press release. Kirby
defines EBITDA as net earnings before interest expense, taxes on income,
depreciation and amortization. Kirby has historically evaluated its
operating performance using numerous measures, one of which is
EBITDA. EBITDA is presented because of its wide acceptance as a
financial indicator. EBITDA is one of the performance measures used
in Kirby’s incentive bonus plan. EBITDA is also used by rating
agencies in determining Kirby’s credit rating and by analysts publishing
research reports on Kirby, as well as by investors and investment bankers
generally in valuing companies. A quantitative reconciliation of
EBITDA to GAAP net earnings for the 2007 and 2006 third quarters and first
nine
months is included in the press release.
Item
9.01.
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Financial
Statements and Exhibits
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99.1 Press
release dated October 24, 2007
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 thereunto duly
authorized.
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KIRBY
CORPORATION
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(Registrant)
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By:
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/s/
Norman W. Nolen
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Norman
W. Nolen
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Executive
Vice President, Treasurer and Chief Financial Officer
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Dated: October
25, 2007
EXHIBIT
INDEX
Exhibit
99.1 Press release dated October 24,
2007