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
July 17, 2003
Date of report (Date of earliest event reported)
Integrated Device Technology, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-12695 94-2669985
(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
2975 Stender Way, Santa Clara, California 95054
(Address of principal executive offices) (Zip Code)
(408) 727-6116
(Registrant's telephone number, including area code)
Item 7. Exhibits.
(c) Exhibits:
99.1 Financial Information for Integrated Device Technology, Inc. for the
quarter ended June 29, 2003, its first quarter of fiscal 2004, and forward
looking statements relating to fiscal year 2004 as presented in a press release
of July 17, 2003.
Item 9. Regulation FD Disclosure (Information Provided Under Item 12 -
Disclosure of Results of Operations and Financial Condition).
The information contained in this Current Report, including the Exhibit
99.1 attached hereto, is being furnished pursuant to "Item 12. Results of
Operations and Financial Condition" of Form 8-K in accordance with SEC Release
Nos. 33-8216 and 34-47583.
The information in this Current Report, including Exhibit 99.1, is being
furnished and shall not be deemed "filed" for purposes of Section 18 of the
Securities and Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that Section. The information in this Current Report shall not be
incorporated by reference into any registration statement or other document
pursuant to the Securities Act of 1933, as amended.
On July 17, 2003, Integrated Device Technology, Inc. issued a press release
announcing its financial results for the quarter ended June 29, 2003, its first
quarter of fiscal year 2004. A copy of the press release is attached as Exhibit
99.1.
The Company's press release contains non-GAAP financial measures. Pursuant
to the requirements of Regulation G, the Company has provided reconciliations
within the press release of the non-GAAP financial measures to the most directly
comparable GAAP financial measures included in the press release.
Pro Forma Statements of Operations are presented in the press release. Pro
Forma Statements of Operations exclude certain costs, charges and gains that
impacted the Company's results of operations. For example, in Q4 2003, the
Company has excluded asset impairment charges related to fixed and intangible
assets, a reserve against net deferred tax assets, restructuring charges,
acquisition-related costs and costs associated with closing a fabrication
facility. Management uses this information excluding these charges in evaluating
results of the operations of the Company and believes that this information
provides investors a valuable insight into the underlying results of operations
of the Company and facilitates comparison between the Company and other
companies.
The foregoing description is qualified in its entirety by reference to the
Registrant's Press Release dated July 17, 2003, a copy of which is attached
hereto as Exhibit 99.1.
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.
Dated: July 17, 2003
INTEGRATED DEVICE TECHNOLOGY, INC.
By: /s/ Clyde R. Hosein
-----------------------------
Clyde R. Hosein
Vice President and Chief
Financial Officer
(duly authorized officer)