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): May 20, 2002
Hercules Incorporated
------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 001-00496 51-0023450
---------------------- ----------------------- ---------------------------
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification Number)
incorporation)
Hercules Plaza
1313 North Market Street
Wilmington, Delaware 19894-0001
------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(302) 594-5000
------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
Item 5. Other Events.
------------
The Company's Quarterly Report on Form 10-Q for the quarterly
period ended March 31, 2002 was due on May 15, 2002. On May
16, 2002, the Company filed with the Commission Form 12b-25,
Notification of Late Filing, extending the filing due date to
May 20, 2002. As indicated in the Form 12b-25 filing, in
accordance with Statement of Financial Accounting Standards
No. 144, "Accounting for the Impairment or Disposal of
Long-Lived Assets," the BetzDearborn Water Treatment business,
which was divested on April 29, 2002 for $1.8 billion, must be
treated as a discontinued operation. The Company has been
working diligently to prepare its consolidated financial
statements for the quarter ended March 31, 2002 and such
financial statements have been substantially completed.
However, due to the complexities associated with accounting
for the discontinued operations, the Company has not finalized
such consolidated financial statements and related disclosures
and is unable to file its Quarterly Report on Form 10-Q for
the quarter ended March 31, 2002 within the extended period.
The Company continues to work diligently to finalize
completion of its consolidated financial statements and
intends to file its quarterly report on Form 10-Q by the end
of the week.
The delay has no effect on previously reported results of
operations for the quarter ended March 31, 2002.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
HERCULES INCORPORATED
May 20, 2002 By: /s/ Israel J. Floyd
----------------------------------
Israel J. Floyd
Corporate Secretary
and General Counsel
3