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): April 16, 2003
KNIGHT TRANSPORTATION, INC.
(Exact name of registrant as specified in its charter)
Arizona 000-24946 86-0649974
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
5601 W. Buckeye Road, Phoenix, Arizona 85043
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(602) 269-2000
Not applicable
(Former name or former address, if changed since last report)
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Not applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Not applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable.
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
Not applicable.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
Not applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
EXHIBIT
NUMBER EXHIBIT TITLE
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99.1 Knight Transportation, Inc. press release announcing
financial results for the quarter ended March 31, 2003
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable.
ITEM 9. REGULATION FD DISCLOSURE
The following information regarding the press release of Knight
Transportation, Inc. (the "Company") announcing its financial results for the
first quarter ended March 31, 2003 is intended to be furnished under Item 12,
"Results of Operations and Financial Condition," but is instead being furnished
pursuant to Item 9 in accordance with the interim guidance contained in
Securities Exchange Commission Release No. 33-8216. The information contained in
this report and the exhibit hereto shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Exchange Act, except as shall be expressly set forth by
specific reference in such a filing.
On April 16, 2003, the Company issued a press release (the "Earnings Press
Release") announcing its financial results for the first quarter ended March 31,
2003. A copy of the Earnings Press Release is attached to this report as Exhibit
99.1.
On April 17, 2003, the Company held a conference call to discuss the
Earnings Press Release. During the call, Chief Executive Officer Kevin Knight
commented on the earnings per share forecasts published by investment banking
analysts for the quarter ending June 30, 2003, and the year ending December 31,
2003. The Company believes the mean estimates (based on the ten published
forecasts published on Nasdaq Online at April 16, 2003) were $0.21 per share for
the quarter ending June 30, 2003, and $0.87 per share for the year ending
December 31, 2003. Mr. Knight stated management's belief that those mean
estimates are reasonably achievable.
THE INFORMATION HEREIN AND THE STATEMENTS BY COMPANY REPRESENTATIVES DURING
THE CONFERENCE CALL CONTAIN "FORWARD-LOOKING STATEMENTS" THAT ARE MADE PURSUANT
TO THE SAFE-HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995 AND OTHERWISE MAY BE PROTECTED. SUCH STATEMENTS ARE MADE BASED ON THE
CURRENT BELIEFS AND EXPECTATIONS OF THE COMPANY'S MANAGEMENT AND ARE SUBJECT TO
SIGNIFICANT RISKS AND UNCERTAINTIES. ACTUAL RESULTS MAY DIFFER FROM THOSE
ANTICIPATED BY FORWARD-LOOKING STATEMENTS. PLEASE REFER TO THE COMPANY'S ANNUAL
REPORT ON FORM 10-K AND OTHER FILINGS WITH THE SECURITIES AND EXCHANGE
COMMISSION FOR INFORMATION CONCERNING RISKS, UNCERTAINTIES AND OTHER FACTORS
THAT MAY AFFECT FUTURE RESULTS.
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.
KNIGHT TRANSPORTATION, INC.
Date: April 18, 2003 /s/ Timothy M. Kohl
----------------------------------------
Timothy M. Kohl
Executive Vice President, Secretary, and
Chief Financial Officer
EXHIBIT INDEX
99.1 Knight Transportation, Inc. press release announcing financial results
for the quarter ended March 31, 2003