SEC Comment Letter 0000000000-23-005251 to MYERS INDUSTRIES INC (MYE) (CIK 0000069488) (MYE)
MYERS INDUSTRIES INC (MYE) (CIK 0000069488)
Date: May 17, 2023 · CIK: 0000069488 · Accession: 0000000000-23-005251
AI Filing Summary & Sentiment
File numbers found in text: 001-08524
Referenced dates: May 4, 2023
Letter
United States securities and exchange commission logo May 17, 2023 Monica Vinay Interim Chief Financial Officer MYERS INDUSTRIES INC 1293 S. Main Street Akron, Ohio 44301 Re:MYERS INDUSTRIES INC Form 10-K for Fiscal Year Ended December 31, 2022 Filed March 3, 2023 Form 8-K Filed May 4, 2023 Response Letter Dated May 4, 2023 File No. 001-08524 Dear Monica Vinay: We have reviewed your May 4, 2023 response to our comment letter and have the following comment. In some of our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our April 27, 2023 letter. Form 8-K Filed May 4, 2023 Exhibit 99.1 1.We note your presentation of Adjusted EBITDA margin at the consolidated level without also presenting the most directly comparable US GAAP measure, or net income margin. As previously requested in comment 1, please expand your presentation of your non- GAAP measures to include a presentation, with equal or greater prominence, of the most directly comparable US GAAP measure as required by Item 10(e)(1)(i)(a) of Regulation S-K. Refer to the second and third bullets of Question 102.10(a) of the Compliance and Disclosure Interpretations on Non-GAAP Financial Measures for additional guidance.
FirstName LastNameMonica Vinay Comapany NameMYERS INDUSTRIES INC May 17, 2023 Page 2 FirstName LastName Monica Vinay MYERS INDUSTRIES INC May 17, 2023 Page 2 You may contact Tracey Houser at 202-551-3736 or Terence O'Brien at 202-551-3355, if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Industrial Applications and Services
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United States securities and exchange commission logo
May 17, 2023
Monica Vinay
Interim Chief Financial Officer
MYERS INDUSTRIES INC
1293 S. Main Street
Akron, Ohio 44301
Re:MYERS INDUSTRIES INC
Form 10-K for Fiscal Year Ended December 31, 2022
Filed March 3, 2023
Form 8-K Filed May 4, 2023
Response Letter Dated May 4, 2023
File No. 001-08524
Dear Monica Vinay:
We have reviewed your May 4, 2023 response to our comment letter and have the
following comment. In some of our comment, we may ask you to provide us with information
so we may better understand your disclosure.
Please respond to this comment within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this comment, we may have additional
comments. Unless we note otherwise, our references to prior comments are to comments in our
April 27, 2023 letter.
Form 8-K Filed May 4, 2023
Exhibit 99.1
1.We note your presentation of Adjusted EBITDA margin at the consolidated level without
also presenting the most directly comparable US GAAP measure, or net income margin.
As previously requested in comment 1, please expand your presentation of your non-
GAAP measures to include a presentation, with equal or greater prominence, of the most
directly comparable US GAAP measure as required by Item 10(e)(1)(i)(a) of Regulation
S-K. Refer to the second and third bullets of Question 102.10(a) of the Compliance and
Disclosure Interpretations on Non-GAAP Financial Measures for additional guidance.
FirstName LastNameMonica Vinay
Comapany NameMYERS INDUSTRIES INC
May 17, 2023 Page 2
FirstName LastName
Monica Vinay
MYERS INDUSTRIES INC
May 17, 2023
Page 2
You may contact Tracey Houser at 202-551-3736 or Terence O'Brien at 202-551-3355, if
you have questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Industrial Applications and
Services