UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): FEBRUARY 20, 2006
--------------
THE SERVICEMASTER COMPANY
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
--------------
DELAWARE 1-14762 36-3858106
-------- ------- ----------
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification Number)
3250 LACEY ROAD, SUITE 600, DOWNERS GROVE, ILLINOIS 60515
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (630) 663-2000
NOT APPLICABLE
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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 (SEE General Instruction A.2. below):
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(b))
Pre-commencement communications pursuant to Rule 13e - 4(c) under the
---- Exchange Act (17 CFR 240.13e - 4(c))
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
ServiceMaster ("The Company") intends to sell its American Residential Services
(ARS) and American Mechanical Services (AMS) companies so it can concentrate
resources on its main growth businesses. The Company has retained an investment
banking firm to serve as its financial advisor in this process. The ARS/AMS
operations provide heating, ventilation, air conditioning (HVAC), plumbing and
electrical installation and repair services and were previously disclosed in the
Company's financial statements as the ARS/AMS business segment. Because the
Company intends to sell these companies, their operating results are reported
within the financial statement caption "businesses held pending sale and
discontinued operations" and are not included in the results of continuing
operations of the Company.
The Company has expanded its business segment reporting to allow for better
ongoing visibility into the components of the business. The companies that
previously were reported within the TruGreen segment have been further broken
out into the TruGreen ChemLawn segment and the TruGreen LandCare segment.
TruGreen LandCare is an important part of the Company's continuing operations
and presenting its results as a separate segment recognizes the importance of
this business to the continued growth of the enterprise while also enhancing
overall disclosure.
The quarterly segment summaries included in Item 9.01 present the quarterly
business segment information of the Company's continuing operations for 2005 and
2004.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 Quarterly Segment Summaries.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date: February 20, 2006 THE SERVICEMASTER COMPANY
By: /S/ ERNEST J. MROZEK
----------------------
Ernest J. Mrozek
President and Chief Financial Officer
3
EXHIBIT INDEX
Exhibit
NUMBER DESCRIPTION OF EXHIBIT
------ ----------------------
99.1 Quarterly Segment Summaries.
4