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): May 16, 2007
FLOWSERVE CORPORATION RETIREMENT SAVINGS PLAN
(Exact name of registrant as specified in its charter)
| |
|
|
|
|
| New York
|
|
1-13179
|
|
31-0267900 |
| (State or other jurisdiction
|
|
(Commission File Number)
|
|
(IRS Employer |
| of incorporation)
|
|
|
|
Identification No.) |
| |
|
|
|
|
| 5215 N. O’Connor Blvd., Suite 2300, Irving, Texas |
|
75039 |
| (Address of principal executive offices) |
|
(Zip Code) |
(972) 443-6500
(Registrant’s telephone number, including area code)
N/A
(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:
| o |
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
| o |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
Item 4.01. Changes in Benefit Plan Certifying Accountant.
On
May 16, 2007, the Flowserve Corporation Retirement Savings Plan
(the “Plan”) dismissed
PricewaterhouseCoopers LLP (“PwC”) as the Plan’s
independent registered public accounting firm and appointed
Whitley Penn LLP (“Whitley Penn”) for the Plan’s
fiscal year ended December 31, 2006.
The change in accountants did not result from any dissatisfaction of Flowserve Corporation
with the quality or delivery of professional services rendered by PwC. PwC continues to serve as
the independent registered public accounting firm for the Plan’s sponsor, Flowserve Corporation
(the “Company”), having been duly appointed by the Audit Committee of the Board of Directors of the
Company. The Plan’s decision to replace PwC with Whitley Penn as the Plan’s independent registered
public accounting firm was approved by the Audit Committee on May 16, 2007.
The PwC reports on the Plan’s financial statements as of December 31, 2005 and 2004 and
for the fiscal years ended December 31, 2005 and 2004 did not contain an adverse opinion or disclaimer of
opinion, nor were such reports qualified or modified as to uncertainty, audit scope or accounting
principle.
During
the years ended December 31, 2005 and 2004 and through May 16,
2007, (i) there were no disagreements with PwC on any
matters of accounting principles or practices, financial statement disclosure or auditing scope or
procedure, which, if not resolved to the satisfaction of PwC, would have caused PwC to make
reference to the subject matter of the disagreement in their reports
on the Plan’s financial statements for such years, and (ii) there were no
“reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K.
The Plan and the Company have provided PwC a copy of the foregoing statements and requested a
letter from PwC to the Securities and Exchange Commission stating whether or not PwC agrees with
the above statements related to PwC. A copy of that letter, dated
May 22, 2007, is filed as Exhibit 16.1 to this
Form 8-K.
During
the years
ended December 31, 2005 and 2004 and through May 16,
2007, neither the Plan, and the Company, as the Plan’s sponsor, nor anyone acting on behalf of the
Plan or the Company consulted Whitley Penn regarding any of the
matters described in Item 304(a)(2)(i) and (ii) of
Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
| |
|
|
| Exhibit |
|
|
| No. |
|
Description |
16.1
|
|
Letter from PricewaterhouseCoopers
LLP dated May 22, 2007. |