Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
CELL > SEC Filings for CELL > Form 8-K on 1-Jun-2009All Recent SEC Filings

Show all filings for BRIGHTPOINT INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for BRIGHTPOINT INC


1-Jun-2009

Other Events, Financial Statements and Exhibits


ITEM 8.01 Other Events.
This Current Report on Form 8-K is being filed to update the historical financial statements included in Brightpoint Inc.'s (the "Company") Annual Report on Form 10-K for the year ended December 31, 2008 (the "2008 Form 10-K"), which was filed with the United States Securities and Exchange Commission (the SEC) on February 25, 2009, to reflect (i) the reclassification of the results of operations of the Company's operations in Poland and Turkey to discontinued operations for all periods presented in accordance with U.S. generally accepted accounting principles and (ii) the retrospective application of Statement of Financial Accounting Standards 160, Noncontrolling Interests in Consolidated Financial Statements - An Amendment of ARB No. 51 ("SFAS 160").
The Poland and Turkey businesses were previously reported in the Company's EMEA reporting segment. The reclassification of these operations to discontinued operations occurred in the first quarter of 2009.
The Company adopted SFAS 160, which is effective for fiscal years beginning after December 15, 2008, prospectively effective January 1, 2009. However, SFAS 160 requires retrospective application to comparative financial statements. The statement clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial statements. Accordingly, the Company has revised all comparative prior period information to reflect the presentation and disclosure requirements of SFAS 160.
Updates to the 2008 Form 10-K provided in this Form 8-K are contained in Part I, Item 1, "Business," Part II, Item 6, "Selected Financial Data," Part II, Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations," and Part II, Item 8, "Financial Statements and Supplementary Data." Neither this Current Report nor Exhibit 99.1 hereto reflect any events occurring after February 25, 2009, or update the disclosure in the 2008 Form 10-K that may have been affected by subsequent events, except as required to reflect the effects of (i) the reclassification of the results of operations of the Company's operations in Poland and Turkey to discontinued operations for all periods presented, and (ii) the retrospective application of SFAS 160. Therefore, this Current Report should be read in conjunction with the 2008 Form 10-K and the Company's filings made with the SEC subsequent to the filing of the 2008 Form 10-K, including the Company's Quarterly Report on Form 10-Q filed on May 7, 2009.


Table of Contents



Item 9.01 Financial Statements and Exhibits.
(d) Exhibits

Exhibit 23.1 Consent of Independent Registered Public Accounting Firm

Exhibit 99.1 Updates to the Brightpoint, Inc. 2008 Annual Report on Form 10-K:

Part I, Item 1, Business
Part II, Item 6, Selected Financial Data
Part II, Item 7, Management's Discussion and Analysis of Financial
Condition and Results of Operations
Part II, Item 8, Financial Statements and Supplementary Data

  Add CELL to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for CELL - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2010 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.