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): July 15, 2003
ELECTRO SCIENTIFIC INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
OREGON 0-12853 93-0370304
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
13900 NW Science Park Drive, Portland, Oregon 97229
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (503) 641-4141
No Change
(Former name or former address, if changed since last report)
Item 5. Other Events
See Item 12 below.
Item 12. Results of Operations and Financial Condition.
On July 15, 2003, Electro Scientific Industries, Inc. (the "Company")
announced that its audit committee has completed its review of certain
accounting matters and, as a result of the review, the Company intends to
restate its financial statements for the fiscal year ended June 1, 2002 and the
quarters ended August 31, 2002 and November 30, 2002, and to revise its
announced results for the third quarter ended March 1, 2003. The Company
announced that it plans to file an amended annual report on Form 10-K/A for the
fiscal year ended June 1, 2002, amended quarterly reports on Form 10-Q/A for the
fiscal quarters ended August 31, 2002 and November 30, 2002, and a quarterly
report on Form 10-Q for the fiscal quarter ended March 1, 2003 after completion
by the Company's independent auditors of the audit for fiscal year 2003 and the
independent auditors' review of the restatement adjustments.
The Company also announced its anticipated restated financial results for
fiscal 2002 and the first and second quarters of fiscal 2003. It also announced
revised preliminary financial results for the third quarter of fiscal 2003.
The Company's press release announcing these events is attached hereto as
Exhibit 99.1.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
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99.1 Press release dated July 15, 2003.
SIGNATURE
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.
Date: July 15, 2003.
Electro Scientific Industries, Inc.
By /s/ J. MICHAEL DODSON
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J. Michael Dodson
Vice President of Administration and
Chief Financial Officer
EXHIBIT INDEX
Exhibit Description
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99.1 Press release dated July 15, 2003.