<PAGE> 1
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) October 31, 2000
--------------------------------
Silicon Valley Group, Inc.
--------------------------------------------------------------------------------
(Exact name of the registrant as specified in its charter)
Delaware
--------------------------------------------------------------------------------
(State or other jurisdiction of incorporation)
<TABLE>
<S> <C>
0-11348 94-2264681
------------------------------------ ------------------------------------
(Commission File Number) (I.R.S. Employer Identification No.)
</TABLE>
<TABLE>
<S> <C>
101 Metro Drive, Suite 400, San Jose, California 95110
---------------------------------------------------- ----------------------
(Address of principal executive offices) (Zip Code)
</TABLE>
(408) 467-5910
--------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
N/A
--------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE> 2
Item 7. Financial Statements and Exhibits.
On October 31, 2000, the Registrant issued a press release as to its
financial results for the quarter ended September 30, 2000 and for the fiscal
year ended September 30, 2000. Included with the press release were the
Registrant's condensed statements of operations (unaudited and audited) for the
quarters and years ended September 30, 1999 and 2000 and its condensed balance
sheets for the years ended September 30, 1999 and 2000 (attached hereto as
Exhibit 99.1).
Registrant reported net sales of $239,904,000 for the fourth quarter of
fiscal 2000 ended September 30, 2000, which represented a 26% increase over
fourth quarter fiscal 1999 sales of $189,813,000. Registrant earned net income
of $15,861,000, or $0.43 per diluted share, for the fourth quarter ended
September 30, 2000, which included a pretax insurance reimbursement of
approximately $1,000,000, or $0.02 per diluted share, compared to net income of
$1,635,000, or $0.05 per diluted share, in the fourth quarter of fiscal 1999.
Sales for the year ended September 30, 2000 were $842,309,000 compared
to $473,690,000 for the prior fiscal year. During fiscal year 2000, Registrant
earned net income of $46,821,000, or $1.31 per diluted share, compared to a net
loss of $25,456,000, or ($0.77) per diluted share, for the year ended September
30, 1999.
The Registrant recorded new bookings of $325,074,000 for the fourth
quarter of fiscal 2000 representing a book-to-bill ratio of 1.36-to-1. Fourth
quarter fiscal 2000 new bookings increased 79% compared to fourth quarter fiscal
1999 new bookings of $181,335,000. During the fourth quarter, the Registrant
received new orders for twenty-six Micrascan systems. Due to the Registrant's
policy of only including in backlog, orders with shipment dates within twelve
months of receipt of the order, orders for ninety of one-hundred-and-six
Micrascan systems are included in the Registrant's September 30, 2000 backlog of
$733,542,000.
(c) Exhibits
99.1 Silicon Valley Group, Inc.'s condensed statements of operations
for the quarters and years ended September 30, 1999 and 2000
and condensed balance sheets for the years ended September 30,
1999 and 2000.
-2-
<PAGE> 3
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.
Dated: December 12, 2000 SILICON VALLEY GROUP, INC.
By: /s/ Russell G. Weinstock
--------------------------------------
Russell G. Weinstock
Vice President and Chief Financial
Officer
-3-
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
Number Description
------- -----------
<S> <C>
99.1 Silicon Valley Group, Inc.'s condensed statements of operations
for the quarters and years ended September 30, 1999 and 2000
and condensed balance sheets for the years ended September 30,
1999 and 2000.
</TABLE>
