nn8k081110.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  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):  August 11, 2010
 
NN LOGO
 
NN, INC. 
(Exact name of registrant as specified in its charter)
 
 
 Delaware  0-23486  62-1096725
(State or other jurisdiction of incorporation)
 (Commission File Number)
 (IRS Employer Identification No.)
     
 2000 Waters Edge Drive
Johnson City, Tennessee
    37604
 (Address of principal executive offices)
  
 (Zip Code)
 
Registrant's telephone number, including area code:  (423)743-9151
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the obligation of the registrant under any of the following provisions:
 
o  Written communications pursuant to Rule 425 under the Securities Act (17CFT 230.425)
 
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFT 240.14a-12)
 
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFT 240.14d-2(b))
 
o  Pre-commencement communications pursuant to Rule 13c-4(c) under the Exchange Act (17CFT 240.13c-4(c))
 
 
 
 
 
 
 
 
 
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITIONS
 
Published as Exhibit 99.1 is NN, Inc.'s press release dated August 11, 2010 regarding the results for the second quarter ended June 30, 2010.
 
The attached press release included the following non-GAAP measures:  Net income excluding restructuring and other special charges.  These non-GAAP measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP measures used by other companies.  In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles.  We believe that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with our results of operations as deteremined in accordance with GAAP and that these measures should only be used to evaluate our results of operations in conjunction with the corresponding GAAP measures.
 
Our management uses financial information that does not include (a) foreign exchange gains on intercompany loans, (b) after-tax restructuring costs and accelerated depreciation for plant closing, (c) after-tax, non-cash charge for issuance of shares, (d) after-tax adjustments to European labor costs, (e) after-tax write-off of loan costs, and (f) valuation allowance on deferred tax, net.
 
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
 
The following exhibit is furnished pursuant to Item 2.02, is not considered "filed" under the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any of the previous or future filings of NN, Inc. under the Securities Act of 1933, as amended, or the Exchange Act.
 
Exhibit                Description
Number              of Exhibit
99.1                     Press Release of NN, Inc. dated August 11, 2010
 
 
 
 
 
 
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.
 
 
 
  NN, INC.  
       
Date:  August 11, 2010
By:
/s/ William C. Kelly, Jr.  
    Name :  William C. Kelly, Jr.  
    Title :  Vice President and Chief Administrative Officer