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2012.12.06 8-K

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): December 6, 2012

________________________________

DOVER CORPORATION

(Exact name of registrant as specified in its charter)

________________________________



State of Delaware	1-4018	53-0257888
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

3005 Highland Parkway
Downers Grove, Illinois		60515
(Address of principal executive offices)		(Zip Code)

(630) 541-1540

(Registrant’s telephone number, including area code)

______________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:



¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD

Dover Corporation previously announced on November 5, 2012 that it intended to divest certain non-core businesses that serve the electronic assembly and test markets. Dover is furnishing the attached unaudited historical results reflecting the reclassification of these businesses to discontinued operations for all periods presented. The assets and liabilities of these businesses will be reported as held for sale in the December 31, 2012 and 2011 balance sheets to be filed within Dover's Annual Report on Form 10-K for the year ending December 31, 2012.

The information furnished in or pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be incorporated by reference into any of Dover's filings with the SEC under the Securities Act of 1933.

Item 9.01 Financial Statements and Exhibits.


(a)	Financial statements of businesses acquired.

Not applicable.


(b)	Pro forma financial information.

Not applicable.


(c)	Shell company transactions.

Not applicable.


(d)	Exhibits.

The following exhibit is furnished as part of this report:

99.1 Dover Corporation Investor Supplement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.




Date: December 6, 2012	DOVER CORPORATION
	(Registrant)

	By:	/s/ Joseph W. Schmidt
		Joseph W. Schmidt
		Senior Vice President, General Counsel & Secretary

EXHIBIT INDEX



Number		Exhibit
99.1		Dover Corporation Investor Supplement.

2012.12.06 8-K Exhibit 99.1

Exhibit 99.1

to 8-K dated

December 6, 2012

INVESTOR SUPPLEMENT

DOVER CORPORATION

REVENUE, EARNINGS & OTHER DATA BY SEGMENT (1)

(unaudited)(in thousands)



	For the Years Ended December 31,
	2011			2010
REVENUE
Communication Technologies	$	1,360,077		$	1,076,012
Energy	1,900,749			1,303,507
Engineered Systems	3,100,735			2,786,442
Printing & Identification	1,008,236			943,681
Intra-segment eliminations	(643		)	(135		)
Total consolidated revenue	$	7,369,154		$	6,109,507

EARNINGS FROM CONTINUING OPERATIONS
Segment Earnings:
Communication Technologies	$	226,382		$	205,215
Energy	450,637			316,113
Engineered Systems	445,186			382,644
Printing & Identification	141,561			151,235
Total segments	1,263,766			1,055,207
Corporate expense / other (2)	137,979			135,714
Net interest expense	115,525			106,371
Earnings from continuing operations before provision for income taxes and discontinued operations	1,010,262			813,122
Provision for taxes	237,076			193,625
Earnings from continuing operations - total consolidated	$	773,186		$	619,497

OPERATING MARGINS
Segments:
Communication Technologies	16.6		%	19.1		%
Energy	23.7		%	24.3		%
Engineered Systems	14.4		%	13.7		%
Printing & Identification	14.0		%	16.0		%
Total segments	17.1		%	17.3		%
Earnings from continuing operations	13.7		%	13.3		%

(1) Information has been updated for all periods presented to reflect the reclassification of Everett Charles Technologies and DEK to discontinued operations in the fourth quarter of 2012. These businesses were formerly reported within the Printing & Identification segment.

(2) Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include non-service pension costs, non-operating insurance expenses, and various administrative expenses relating to the corporate headquarters.

DOVER CORPORATION

TOTAL ASSETS AND OTHER DATA BY SEGMENT (1)

(unaudited)(in thousands)



	For the Years Ended December 31,
	2011		2010
DEPRECIATION and AMORTIZATION (continuing)
Communication Technologies	$	101,839	$	72,262
Energy	77,819		48,842
Engineered Systems	74,776		72,526
Printing & Identification	33,482		33,570
Corporate	2,561		2,037
Consolidated total	$	290,477	$	229,237

CAPITAL EXPENDITURES (continuing)
Communication Technologies	$	111,402	$	41,222
Energy	74,953		48,916
Engineered Systems	58,610		57,476
Printing & Identification	10,391		10,075
Corporate	7,320		11,608
Consolidated total	$	262,676	$	169,297

TOTAL ASSETS AT DECEMBER 31
Communication Technologies	$	2,471,918	$	1,540,636
Energy	1,699,395		1,010,415
Engineered Systems	2,247,532		2,089,801
Printing & Identification	1,311,170		1,308,482
Corporate (principally cash and equivalents and marketable securities)	1,284,575		1,448,210
Total continuing assets	9,014,590		7,397,544
Assets from discontinued operations	486,860		1,161,199
Consolidated total	$	9,501,450	$	8,558,743

(1) Information has been updated for all periods presented to reflect the reclassification of Everett Charles Technologies and DEK to discontinued operations in the fourth quarter of 2012. These businesses were formerly reported within the Printing & Identification segment.

DOVER CORPORATION

QUARTERLY SEGMENT INFORMATION (1)

(unaudited)(in thousands)



	2012												2011
	Q1			Q2			Q3			Q3 YTD			Q1			Q2			Q3			Q4			FY 2011
REVENUE
Communication Technologies	$	357,575		$	361,689		$	396,470		$	1,115,734		$	269,582		$	288,843		$	405,357		$	396,295		$	1,360,077

Energy	531,570			538,786			562,263			1,632,619			425,424			454,327			510,608			510,390			1,900,749

Engineered Systems
Fluids	180,364			211,974			218,324			610,662			163,196			178,031			173,804			162,590			677,621
Refrigeration & Industrial	642,213			674,501			674,116			1,990,830			560,453			645,573			649,768			568,844			2,424,638
Eliminations	(453		)	(352		)	(319		)	(1,124		)	(382		)	(424		)	(431		)	(287		)	(1,524		)
	822,124			886,123			892,121			2,600,368			723,267			823,180			823,141			731,147			3,100,735

Printing & Identification	243,570			251,875			246,945			742,390			240,775			253,226			260,546			253,689			1,008,236

Intra-segment eliminations	(225		)	(184		)	(194		)	(603		)	—			18			(102		)	(559		)	(643		)

Total consolidated revenue	$	1,954,614		$	2,038,289		$	2,097,605		$	6,090,508		$	1,659,048		$	1,819,594		$	1,999,550		$	1,890,962		$	7,369,154

NET EARNINGS
Segment Earnings:
Communication Technologies	$	46,556		$	50,322		$	63,706		$	160,584		$	47,325		$	54,527		$	53,433		$	71,097		$	226,382
Energy	132,115			133,936			139,038			405,089			93,051			110,447			125,268			121,871			450,637
Engineered Systems	122,092			133,808			144,245			400,145			98,235			128,570			125,529			92,852			445,186
Printing & Identification	26,089			28,918			39,502			94,509			31,985			35,294			40,843			33,439			141,561
Total segments	326,852			346,984			386,491			1,060,327			270,596			328,838			345,073			319,259			1,263,766
Corporate expense / other	36,546			36,335			32,001			104,882			36,112			35,391			34,083			32,393			137,979
Net interest expense	30,031			29,715			30,399			90,145			28,319			28,093			30,056			29,057			115,525
Earnings from continuing operations before provision for income taxes	260,275			280,934			324,091			865,300			206,165			265,354			280,934			257,809			1,010,262
Provision for income taxes	73,866			75,778			90,761			240,405			51,020			52,095			73,419			60,542			237,076
Earnings from continuing operations	186,409			205,156			233,330			624,895			155,145			213,259			207,515			197,267			773,186
Earnings (loss) from discontinued operations, net	9,654			8,945			7,716			26,315			39,760			36,510			(35,235		)	81,022			122,057
Net earnings	$	196,063		$	214,101		$	241,046		$	651,210		$	194,905		$	249,769		$	172,280		$	278,289		$	895,243

SEGMENT OPERATING MARGIN
Communication Technologies	13.0		%	13.9		%	16.1		%	14.4		%	17.6		%	18.9		%	13.2		%	17.9		%	16.6		%
Energy	24.9		%	24.9		%	24.7		%	24.8		%	21.9		%	24.3		%	24.5		%	23.9		%	23.7		%
Engineered Systems	14.9		%	15.1		%	16.2		%	15.4		%	13.6		%	15.6		%	15.2		%	12.7		%	14.4		%
Printing & Identification	10.7		%	11.5		%	16.0		%	12.7		%	13.3		%	13.9		%	15.7		%	13.2		%	14.0		%
Total segment	16.7		%	17.0		%	18.4		%	17.4		%	16.3		%	18.1		%	17.3		%	16.9		%	17.1		%

DEPRECIATION AND AMORTIZATION EXPENSE (Continuing)
Communication Technologies	$	31,513		$	32,828		$	32,997		$	97,338		$	18,685		$	18,533		$	34,360		$	30,261		$	101,839
Energy	21,184			23,533			24,639			69,356			18,573			18,765			19,399			21,082			77,819
Engineered Systems	19,582			23,913			23,060			66,555			18,415			18,816			18,332			19,213			74,776
Printing & Identification	8,331			8,496			8,777			25,604			8,163			8,476			8,364			8,479			33,482
Corporate	700			765			842			2,307			586			626			636			713			2,561
Consolidated total	$	81,310		$	89,535		$	90,315		$	261,160		$	64,422		$	65,216		$	81,091		$	79,748		$	290,477

(1) Information has been updated for all periods presented to reflect the reclassification of Everett Charles Technologies and DEK to discontinued operations in the fourth quarter of 2012. These businesses were formerly reported within the Printing & Identification segment.

DOVER CORPORATION

QUARTERLY SEGMENT INFORMATION (1)

(unaudited)(in thousands)



	2012												2011
	Q1			Q2			Q3			Q3 YTD			Q1			Q2			Q3			Q4			FY 2011
BOOKINGS
Communication Technologies	$	356,386		$	383,135		$	412,092		$	1,151,613		$	274,611		$	309,734		$	410,616		$	349,579		$	1,344,540

Energy	585,775			530,352			526,824			1,642,951			495,125			472,543			498,212			519,525			1,985,405

Engineered Systems
Fluids	184,711			204,139			197,767			586,617			173,626			175,539			174,772			158,895			682,832
Refrigeration & Industrial	711,911			666,223			600,065			1,978,199			660,449			623,929			602,488			625,840			2,512,706
Eliminations	(408		)	(376		)	(258		)	(1,042		)	(733		)	(884		)	179			(1,378		)	(2,816		)
	896,214			869,986			797,574			2,563,774			833,342			798,584			777,439			783,357			3,192,722

Printing & Identification	249,773			251,733			244,611			746,117			247,812			254,226			262,685			253,632			1,018,355

Intra-segment eliminations	(609		)	(222		)	(760		)	(1,591		)	(2,736		)	(3,370		)	(2,453		)	(3,153		)	(11,712		)

Total consolidated bookings	$	2,087,539		$	2,034,984		$	1,980,341		$	6,102,864		$	1,848,154		$	1,831,717		$	1,946,499		$	1,902,940		$	7,529,310

BACKLOG
Communication Technologies	$	435,912		$	457,624		$	473,007					$	410,843		$	431,558		$	483,512		$	437,320

Energy	296,360			282,364			248,233						240,198			255,889			243,401			246,351

Engineered Systems
Fluids	191,327			172,300			156,191						57,357			54,945			55,230			54,194
Refrigeration & Industrial	598,910			586,824			515,285						544,995			523,011			469,876			528,118
Eliminations	(132		)	(155		)	(94		)				(339		)	(526		)	(94		)	(177		)
	790,105			758,969			671,382						602,013			577,430			525,012			582,135

Printing & Identification	102,117			98,216			98,356						100,231			101,426			97,405			94,557

Intra-segment eliminations	(986		)	(647		)	(324		)				(704		)	(1,177		)	(890		)	(193		)

Total consolidated backlog	$	1,623,508		$	1,596,526		$	1,490,654					$	1,352,581		$	1,365,126		$	1,348,440		$	1,360,170

(1) Information has been updated for all periods presented to reflect the reclassification of Everett Charles Technologies and DEK to discontinued operations in the fourth quarter of 2012. These businesses were formerly reported within the Printing & Identification segment.

DOVER CORPORATION

QUARTERLY EARNINGS PER SHARE (1)

(unaudited)(in thousands, except per share data*)



	2012										2011
	Q1			Q2			Q3		Q3 YTD		Q1		Q2		Q3			Q4		FY 2011
Basic earnings (loss) per common share:
Continuing operations	$	1.01		$	1.12		$	1.28	$	3.41	$	0.83	$	1.14	$	1.12		$	1.07	$	4.16
Discontinued operations	0.05			0.05			0.04		0.14		0.21		0.20		(0.19		)	0.44		0.66
Net earnings	1.07			1.17			1.33		3.56		1.04		1.34		0.93			1.51		4.82

Diluted earnings (loss) per common share:
Continuing operations	$	1.00		$	1.10		$	1.27	$	3.37	$	0.82	$	1.12	$	1.10		$	1.05	$	4.09
Discontinued operations	0.05			0.05			0.04		0.14		0.21		0.19		(0.19		)	0.43		0.65
Net earnings	1.05			1.15			1.31		3.51		1.03		1.32		0.91			1.49		4.74

Adjusted diluted earnings per common share (calculated below):
Continuing operations	$	1.01		$	1.10		$	1.25	$	3.36	$	0.78	$	1.00	$	1.09		$	1.00	$	3.87

Net earnings (loss) and average shares used in calculated earnings (loss) per share amounts are as follows:

Net earnings (loss):
Continuing operations	$	186,409		$	205,156		$	233,330	$	624,895	$	155,145	$	213,259	$	207,515		$	197,267	$	773,186
Discontinued operations	9,654			8,945			7,716		26,315		39,760		36,510		(35,235		)	81,022		122,057
Net earnings	196,063			214,101			241,046		651,210		194,905		249,769		172,280			278,289		895,243

Average shares outstanding:
Basic	183,737			183,494			181,763		183,000		186,659		186,443		185,770			184,686		185,882
Diluted	186,706			185,780			183,932		185,489		190,090		189,705		188,436			187,208		188,887

Note:
Earnings from continuing operations are adjusted by discrete and other tax items to derive adjusted earnings from continuing operations and adjusted diluted earnings per common share as follows:

	2012										2011
	Q1			Q2			Q3		Q3 YTD		Q1		Q2		Q3			Q4		FY 2011
Adjusted earnings from continuing operations:
Earnings from continuing operations	$	186,409		$	205,156		$	233,330	$	624,895	$	155,145	$	213,259	$	207,515		$	197,267	$	773,186
Gains from discrete and other tax items	(1,610		)	(372		)	4,513		2,531		8,016		22,338		2,390			8,590		41,334
Adjusted earnings from continuing operations	$	188,019		$	205,528		$	228,817	$	622,364	$	147,129	$	190,921	$	205,125		$	188,677	$	731,852

Adjusted diluted earnings per common share:
Earnings from continuing operations	$	1.00		$	1.10		$	1.27	$	3.37	$	0.82	$	1.12	$	1.10		$	1.05	$	4.09
Gains from discrete and other tax items	(0.01		)	—			0.02		0.01		0.04		0.12		0.01			0.05		0.22
Adjusted earnings from continuing operations	$	1.01		$	1.10		$	1.25	$	3.36	$	0.78	$	1.00	$	1.09		$	1.00	$	3.87

* Per share data may not add due to rounding.

(1) Information has been updated for all periods presented to reflect the reclassification of Everett Charles Technologies and DEK to discontinued operations in the fourth quarter of 2012. These businesses were formerly reported within the Printing & Identification segment.