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) July 18, 2013

MYERS INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)

 
					
Ohio	 	1-8524	 	34-0778636	
(State or other jurisdiction
of incorporation)	 	(Commission
File Number)	 	(IRS Employer
Identification Number)	
		
1293 South Main Street, Akron, OH	 	44301	
(Address of Principal Executive Offices)	 	(Zip Code)	
Registrant’s Telephone Number, including area code  (330) 253-5592
(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.
 
¨	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 2.02 . Results of Operations and Financial Condition
On July 18, 2013, Myers Industries, Inc. (the “Company”) issued a press release announcing earnings results for the quarter ended June 30, 2013. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K. In addition, a copy of the slide materials which will be discussed during the Company’s earnings conference call at 10:00 a.m. Eastern Time on July 18, 2013 is attached as Exhibit 99.2 to this Current Report on Form 8-K. Information about the call can be found in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this report (including the exhibit) is furnished pursuant to “Item 2.02. Results of Operations and Financial Condition” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, unless incorporated by specific reference in such filing.
Item 7.01 . Regulation FD Disclosure
See “Item 2.02 Results of Operations and Financial Condition” above and “Item 8.01 Other Events” below.
Item 8.01 . Other Events
On July 18, 2013, the Company issued press releases announcing the second phase of the restructuring plan for the Lawn and Garden Segment. The full text of the press releases are attached as Exhibits 99.3, 99.4, and 99.5 to this Current Report on Form 8-K.
Item 9.01 . Financial Statements and Exhibits

99.1	  	Earnings Press Release by the Company dated July 18, 2013	
		
99.2	  	Earnings Presentation Second Quarter 2013 by the Company dated July 18, 2013	
		
99.3	  	Lawn and Garden Press Release by the Company dated July 18, 2013	
		
99.4	  	Lawn and Garden Brantford, Ontario Press Release by the Company dated July 18, 2013	
		
99.5	  	Lawn and Garden Waco, Texas Press Release by the Company dated July 18, 2013	

SIGNATURE
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.

	 		 	Myers Industries, Inc.
(Registrant)	
					
DATE	 	July 18, 2013	 		 	By:	 	/s/ Greggory W. Branning	
	 		 		 		 	Greggory W. Branning	
	 		 		 		 	Senior Vice President, Chief Financial Officer
and Corporate Secretary	

Exhibit 99.1

	 		 	News Release
NYSE: MYE	
Contact(s):
Gregg Branning, Senior Vice President
& Chief Financial Officer (330) 761-6303
Monica Vinay, Director, Investor
& Financial Relations (330) 761-6212
Myers Industries Reports 2013 Second Quarter Results
 
 	•	 	Net sales rose 12.7% year-over-year	
 
 	•	 	Second quarter diluted EPS up 47% compared to last year	
 
 	•	 	Significant profit improvement year-over-year by the Lawn and Garden Segment for the second consecutive quarter; Second phase of restructuring announced	
 
 	•	 	Strong operating cash flow generation	
 
 	•	 	Expect year-over-year EPS growth in the second half of 2013	
July 18, 2013, Akron, Ohio - Myers Industries, Inc. (NYSE: MYE) today announced results for the second quarter ended June 30, 2013.
Summary

 	  	Three Months Ended June 30,	 	 	Six Months Ended June 30,	 	
 	  	2013	 	 	2012	 	 	% Increase
(Decrease)	 	 	2013	 	 	2012	 	 	% Increase
(Decrease)	 	
 	  	(Dollars in thousands, except share data)	 	
Net sales	  	$	204,024	  	 	$	181,101	  	 	 	12.7	% 	 	$	419,004	  	 	$	379,890	  	 	 	10.3	% 	
Gross profit	  	$	55,769	  	 	$	47,364	  	 	 	17.7	% 	 	$	114,087	  	 	$	105,362	  	 	 	8.3	% 	
Gross profit margin	  	 	27.3	% 	 	 	26.2	% 	 				 	 	27.2	% 	 	 	27.7	% 	 				
Income before taxes	  	$	12,003	  	 	$	8,938	  	 	 	34.3	% 	 	$	24,155	  	 	$	24,974	  	 	 	(3.3	)% 	
Net Income:	  				 				 				
Income	  	$	8,312	  	 	$	5,658	  	 	 	46.9	% 	 	$	16,195	  	 	$	15,643	  	 	 	3.5	% 	
Income per diluted share	  	$	0.25	  	 	$	0.17	  	 	 	47.1	% 	 	$	0.48	  	 	$	0.46	  	 	 	4.3	% 	
Income before taxes as adjusted*	  	$	13,388	  	 	$	9,199	  	 	 	45.5	% 	 	$	26,247	  	 	$	25,791	  	 	 	1.8	% 	
Net income as adjusted*:	  				 				 				
Income	  	$	8,434	  	 	$	5,703	  	 	 	47.9	% 	 	$	16,536	  	 	$	15,990	  	 	 	3.4	% 	
Income per diluted share	  	$	0.25	  	 	$	0.17	  	 	 	47.1	% 	 	$	0.49	  	 	$	0.47	  	 	 	4.3	% 	
 
*	Details regarding the special pre-tax adjusted charges are provided on the Reconciliation of Non-GAAP Financial Measures included in this release.	
 
 	•	 	Net sales in the second quarter of 2013 rose 12.7% compared to the second quarter of 2012, reflecting strong sales in the Material Handing Segment.	
 
 	•	 	The overall gross margin was 27.3% in the second quarter of 2013 compared to 26.2% in the second quarter of 2012. The increase was due mostly to cost savings that resulted from productivity improvements and material substitutions.	

 	•	 	Net Income per diluted share increased 47% to $0.25 in the second quarter of 2013 compared to $0.17 in the second quarter of 2012, reflecting benefits from the Novel and Jamco acquisitions, cost reductions and the improved performance of the Lawn and Garden Segment.	
President and Chief Executive Officer John C. Orr said, “I am very pleased with our performance in the second quarter as highlighted by our increased earnings per share of 47% year-over-year. I am particularly pleased with the second consecutive quarter of significant profit improvement in our Lawn and Garden Segment which is reflected in the segment’s year-over-year increase in adjusted income before taxes of $2.7 million. Our recent acquisitions also contributed to our earnings per share growth and continue to be accretive.”
Orr continued, “Earlier today, in a separate release, we announced phase two of our Lawn and Garden Segment restructuring which will position the segment for future growth and deliver annual savings of $8.0 million. A portion of those savings will begin to be realized in the fourth quarter of 2013. This second phase, coupled with the $5.0 million savings from the on-going phase one cost reduction initiative, will result in a total annual savings of $13.0 million in 2014.”
Segment Results
The results below are as adjusted and exclude special pre-tax charges as detailed on the Reconciliation of Non-GAAP Financial Measures included in this release.
Net sales in the Material Handling Segment for the second quarter of 2013 were $83.8 million compared to $60.3 million for the second quarter of 2012. The sales increase was driven by the Novel and Jamco acquisitions, a shift in customer orders into the second quarter and organic growth. Material Handling’s adjusted income before taxes was $11.0 million for the second quarter of 2013 compared to $9.2 million for the second quarter of 2012. The increase in income before taxes was due mostly to the higher sales volumes and the acquisitions of Novel and Jamco.
Net sales in the Lawn and Garden Segment for the second quarter of 2013 were $40.9 million compared to $42.5 million for the second quarter of 2012. Lawn and Garden’s adjusted income before taxes for the second quarter of 2013 was $1.2 million compared to a loss of $1.5 million for the second quarter of 2012. Productivity improvements and material substitution cost savings were the primary drivers behind the increase in adjusted income before taxes year-over-year.
Net sales in the Distribution Segment were $45.9 million for the second quarter of 2013 compared to $44.2 million for the second quarter of 2012. The increase in sales was due mostly to sales of new products and market share gains in equipment sales. Distribution’s adjusted income before taxes was $3.9 million for the second quarter of 2013 compared to $4.1 million for the second quarter of 2012. Distribution continues to be impacted by a slow replacement tire market. Costs associated with an upgrade in the segment’s information technology system contributed to the decline in adjusted income before taxes year-over-year.
Net sales in the Engineered Products Segment were $37.6 million for the second quarter of 2013 compared to $38.6 million for the second quarter of 2012. Strong sales in the marine and recreational vehicle markets were more than offset by a decline in custom sales year-over-year. Engineered Products’ adjusted income before taxes was $5.1 million for the second quarter of 2013 compared to $4.7 million for the second quarter of 2012. A favorable product mix and productivity improvements led to the increase in income before taxes year-over-year, despite the lower sales.
Other Financial Items
For the six months ended June 30, 2013, cash flow provided by operations was $30.1 million compared to $7.9 million in the first half of 2012, reflecting efforts to better manage working capital.
Capital expenditures totaled $10.2 million for the six months ended June 30, 2013 and are still forecasted to be approximately $30 million to $35 million in 2013.
Outlook
The Company expects continued year-over-year improvement in each of the next two quarters in both sales and adjusted earnings excluding special pre-tax adjusted charges. These improvements will come from our recent acquisitions, organic growth, continued reinvestment in our operations, new product introductions, cost savings and the expected benefits from the Lawn and Garden Segment restructuring initiatives.
Conference Call Details
The Company will host an earnings conference call and webcast for investors and analysts on Thursday, July 18, 2013 at 10:00 a.m. ET. The call is anticipated to last approximately one hour and may be accessed at (877) 407-8033.

Callers are asked to sign on at least five minutes in advance. The call will be available as a webcast through the Company’s web site, www.myersindustries.com . Click on the Investor Relations tab to access the webcast. Webcast attendees will be in a listen-only mode. An archived replay of the call will also be available on the site shortly after the event. To listen to a telephone replay, callers should dial: (US) 877-660-6853 or (Int’l) 201-612-7415. The replay passcode is Conference ID #417438.
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.
Caution on Forward-Looking Statements
Statements in this release may include “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that is not of historical fact may be deemed “forward-looking”. Words such as “expect”, “believe”, “project”, “plan”, “anticipate”, “intend”, “objective”, “goal”, “view”, and similar expressions identify forward-looking statements. These statements are based on management’s current views and assumptions of future events and financial performance and involve a number of risks and uncertainties, many outside of the Company’s control that could cause actual results to materially differ from those expressed or implied. Risks and uncertainties include: changes in the markets for the Company’s business segments; changes in trends and demands in the markets in which the Company competes; unanticipated downturn in business relationships with customers or their purchases; competitive pressures on sales and pricing; raw material availability, increases in raw material costs, or other production costs; future economic and financial conditions in the United States and around the world; ability to weather the current economic downturn; inability of the Company to meet future capital requirements; claims, litigation and regulatory actions against the Company; changes in laws and regulations affecting the Company; the Company’s ability to execute the components of its Strategic Business Evolution process; and other risks as detailed in the Company’s 10-K and other reports filed with the Securities and Exchange Commission. Such reports are available on the Securities and Exchange Commission’s public reference facilities and its web site at http://www.sec.gov, and on the Company’s Investor Relations section of its web site at http://www.myersindustries.com . Myers Industries undertakes no obligation to publicly update or revise any forward-looking statements contained herein. These statements speak only as of the date made.

MYERS INDUSTRIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
FOR THE QUARTER AND SIX MONTHS ENDED JUNE 30, 2013 AND 2012
(Dollars in thousands, except share data)

 	  	For the Quarter Ended	 	  	For the Six Months Ended	 	
 	  	June 30, 2013	 	  	June 30, 2012	 	  	June 30, 2013	 	  	June 30, 2012	 	
Net sales	  	$	204,024	  	  	$	181,101	  	  	$	419,004	  	  	$	379,890	  	
Cost of sales	  	 	148,255	  	  	 	133,737	  	  	 	304,917	  	  	 	274,528	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Gross profit	  	 	55,769	  	  	 	47,364	  	  	 	114,087	  	  	 	105,362	  	
Selling, general and administrative expenses	  	 	42,650	  	  	 	37,372	  	  	 	87,724	  	  	 	78,253	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Operating income	  	 	13,119	  	  	 	9,992	  	  	 	26,363	  	  	 	27,109	  	
Interest expense, net	  	 	1,116	  	  	 	1,054	  	  	 	2,208	  	  	 	2,135	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Income before income taxes	  	 	12,003	  	  	 	8,938	  	  	 	24,155	  	  	 	24,974	  	
Income tax expense	  	 	3,691	  	  	 	3,280	  	  	 	7,960	  	  	 	9,331	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Net income	  	$	8,312	  	  	$	5,658	  	  	$	16,195	  	  	$	15,643	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Income per common share:	  				  				  				  				
Basic	  	$	0.25	  	  	$	0.17	  	  	$	0.48	  	  	$	0.47	  	
Diluted	  	$	0.25	  	  	$	0.17	  	  	$	0.48	  	  	$	0.46	  	
Weighted Average Common Shares Outstanding	  				  				  				  				
Basic	  	 	33,559,398	  	  	 	33,595,637	  	  	 	33,529,004	  	  	 	33,525,444	  	
Diluted	  	 	33,877,952	  	  	 	34,272,693	  	  	 	33,897,962	  	  	 	34,121,486	  	

MYERS INDUSTRIES, INC.
SALES AND EARNINGS BY SEGMENT (UNAUDITED)
(Dollars in thousands)

 	  	Second Quarter Ended June 30,	 	 	Six Months Ended June 30,	 	
 	  	2013	 	 	2012	 	 	% Change	 	 	2013	 	 	2012	 	 	% Change	 	
Net Sales	  				 				 				
Material Handling	  	$	83,814	  	 	$	60,260	  	 	 	39.1	% 	 	$	163,803	  	 	$	125,481	  	 	 	30.5	% 	
Lawn and Garden	  	 	40,889	  	 	 	42,482	  	 	 	(3.7	)% 	 	 	101,252	  	 	 	101,666	  	 	 	(0.4	)% 	
Distribution	  	 	45,893	  	 	 	44,188	  	 	 	3.9	% 	 	 	88,542	  	 	 	86,926	  	 	 	1.9	% 	
Engineered Products	  	 	37,608	  	 	 	38,642	  	 	 	(2.7	)% 	 	 	74,564	  	 	 	75,869	  	 	 	(1.7	)% 	
Inter-company Sales	  	 	(4,180	) 	 	 	(4,471	) 	 	 	—  	  	 	 	(9,157	) 	 	 	(10,052	) 	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total	  	$	204,024	  	 	$	181,101	  	 	 	12.7	% 	 	$	419,004	  	 	$	379,890	  	 	 	10.3	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Income (Loss)	  				 				 				
Before Income Taxes	  				 				 				
Material Handling	  	$	11,010	  	 	$	9,223	  	 	 	19.4	% 	 	$	20,715	  	 	$	22,373	  	 	 	(7.4	)% 	
Lawn and Garden	  	 	(109	) 	 	 	(1,942	) 	 	 	—  	  	 	 	2,172	  	 	 	(724	) 	 	 	—  	  	
Distribution	  	 	3,864	  	 	 	4,298	  	 	 	(10.1	)% 	 	 	6,703	  	 	 	7,809	  	 	 	(14.2	)% 	
Engineered Products	  	 	5,134	  	 	 	4,660	  	 	 	10.2	% 	 	 	10,211	  	 	 	9,251	  	 	 	10.4	% 	
Corporate	  	 	(7,896	) 	 	 	(7,301	) 	 	 	—  	  	 	 	(15,646	) 	 	 	(13,735	) 	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total	  	$	12,003	  	 	$	8,938	  	 	 	34.3	% 	 	$	24,155	  	 	$	24,974	  	 	 	(3.3	)% 	

MYERS INDUSTRIES, INC.
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
INCOME (LOSS) BEFORE TAXES BY SEGMENT (UNAUDITED)
(Dollars in millions, except per share data)

 	  	Quarter Ended
June 30	 	 	Six Months Ended
June  30	 	
 	  	2013	 	 	2012	 	 	2013	 	 	2012	 	
Material Handling	  				 				 				 				
Income before taxes as reported	  	$	11.0	  	 	$	9.2	  	 	$	20.7	  	 	$	22.4	  	
Restructuring expenses	  	 	0.0	  	 	 	0.0	  	 	 	0.2	  	 	 	0.0	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Income before taxes as adjusted	  	 	11.0	  	 	 	9.2	  	 	 	20.9	  	 	 	22.4	  	
Lawn and Garden	  				 				 				 				
Income (loss) before taxes as reported	  	 	(0.1	) 	 	 	(1.9	) 	 	 	2.2	  	 	 	(0.7	) 	
Restructuring expenses	  	 	0.7	  	 	 	0.4	  	 	 	1.1	  	 	 	0.4	  	
Loss on disposal of assets	  	 	0.6	  	 	 	0.0	  	 	 	0.6	  	 	 	0.0	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Income before taxes as adjusted	  	 	1.2	  	 	 	(1.5	) 	 	 	3.9	  	 	 	(0.3	) 	
Distribution	  				 				 				 				
Income before taxes as reported	  	 	3.9	  	 	 	4.3	  	 	 	6.7	  	 	 	7.8	  	
Restructuring expenses	  	 	0.0	  	 	 	0.1	  	 	 	0.1	  	 	 	0.5	  	
Gain on building sale	  	 	0.0	  	 	 	(0.3	) 	 	 	0.0	  	 	 	(0.3	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Income before taxes as adjusted	  	 	3.9	  	 	 	4.1	  	 	 	6.8	  	 	 	8.0	  	
Engineered Products	  				 				 				 				
Income before taxes as reported	  	 	5.1	  	 	 	4.6	  	 	 	10.2	  	 	 	9.2	  	
Restructuring expenses	  	 	0.0	  	 	 	0.1	  	 	 	0.0	  	 	 	0.2	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Income before taxes as adjusted	  	 	5.1	  	 	 	4.7	  	 	 	10.2	  	 	 	9.4	  	
Corporate and interest expense	  				 				 				 				
Income (loss) before taxes as reported	  	 	(7.9	) 	 	 	(7.3	) 	 	 	(15.6	) 	 	 	(13.7	) 	
Income (loss) before taxes as adjusted	  	 	(7.9	) 	 	 	(7.3	) 	 	 	(15.6	) 	 	 	(13.7	) 	
Consolidated	  				 				 				 				
Income before taxes as reported	  	 	12.0	  	 	 	8.9	  	 	 	24.2	  	 	 	25.0	  	
Restructuring expenses and other adjustments	  	 	1.4	  	 	 	0.3	  	 	 	2.0	  	 	 	0.8	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Income before taxes as adjusted	  	 	13.4	  	 	 	9.2	  	 	 	26.2	  	 	 	25.8	  	
Income taxes	  	 	5.0	  	 	 	3.5	  	 	 	9.7	  	 	 	9.8	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net Income as adjusted	  	$	8.4	  	 	$	5.7	  	 	$	16.5	  	 	$	16.0	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Adjusted earnings per diluted share	  	$	0.25	  	 	$	0.17	  	 	$	0.49	  	 	$	0.47	  	
Note: Numbers in the Corporate and interest expense section above may be rounded for presentation purposes.
Note on Reconciliation of Income and Earnings Data: Income (loss) excluding the items mentioned above in the text of this release and in this reconciliation chart is a non-GAAP financial measure that Myers Industries, Inc. calculates according to the schedule above, using GAAP amounts from the unaudited Consolidated Financial Statements. The Company believes that the excluded items are not primarily related to core operational activities. The Company believes that income (loss) excluding items that are not primarily related to core operating activities is generally viewed as providing useful information regarding a company’s operating profitability. Management uses income (loss) excluding these items as well as other financial measures in connection with its decision-making activities. Income (loss) excluding these items should not be considered in isolation or as a substitute for net income (loss), income (loss) before taxes or other consolidated income data prepared in accordance with GAAP. The Company’s method for calculating income (loss) excluding these items may not be comparable to methods used by other companies.

MYERS INDUSTRIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED)
(Dollars in thousands)

 	  	June 30,
2013	 	  	December 31,
2012	 	
Assets	  				  				
Current Assets	  				  				
Cash	  	$	22,258	  	  	$	3,948	  	
Accounts receivable, net	  	 	108,518	  	  	 	115,508	  	
Inventories	  	 	106,115	  	  	 	107,502	  	
Other	  	 	12,023	  	  	 	12,638	  	
	  	 	 	 	  	 	 	 	
Total Current Assets	  	 	248,914	  	  	 	239,596	  	
Other Assets	  	 	91,802	  	  	 	94,777	  	
Property, Plant, & Equipment, Net	  	 	142,255	  	  	 	150,483	  	
	  	 	 	 	  	 	 	 	
Total Assets	  	$	482,971	  	  	$	484,856	  	
	  	 	 	 	  	 	 	 	
Liabilities & Shareholders’ Equity	  				  				
Current Liabilities	  				  				
Accounts payable	  	$	64,717	  	  	$	72,417	  	
Accrued expenses	  	 	39,369	  	  	 	42,060	  	
	  	 	 	 	  	 	 	 	
Total Current Liabilities	  	 	104,086	  	  	 	114,477	  	
Long-term debt	  	 	95,988	  	  	 	92,814	  	
Other liabilities	  	 	17,911	  	  	 	17,865	  	
Deferred income taxes	  	 	29,966	  	  	 	29,678	  	
Total Shareholders’ Equity	  	 	235,020	  	  	 	230,022	  	
	  	 	 	 	  	 	 	 	
Total Liabilities & Shareholders’ Equity	  	$	482,971	  	  	$	484,856	  	

MYERS INDUSTRIES, INC.
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
FOR THE SIX MONTHS ENDED JUNE 30, 2013 AND 2012
(Dollars in thousands)

 	  	June 30, 2013	 	 	June 30, 2012	 	
Cash Flows From Operating Activities	  				 				
Net income	  	$	16,195	  	 	$	15,643	  	
Items not affecting use of cash	  				 				
Depreciation	  	 	16,146	  	 	 	14,737	  	
Loss on disposal of assets	  	 	616	  	 	 	—  	  	
Amortization of intangible assets	  	 	2,046	  	 	 	1,514	  	
Non-cash stock compensation	  	 	1,532	  	 	 	1,556	  	
Provision for (recovery of) loss on accounts receivable	  	 	496	  	 	 	(1,178	) 	
Deferred taxes	  	 	2,140	  	 	 	(18	) 	
Other long-term liabilities	  	 	334	  	 	 	785	  	
Gain on sale of property, plant and equipment	  	 	—  	  	 	 	(558	) 	
Other	  	 	11	  	 	 	50	  	
Cash flow provided by (used for) working capital, net of acquisitions:	  				 				
Accounts receivable	  	 	5,216	  	 	 	10,384	  	
Inventories	  	 	(735	) 	 	 	(12,285	) 	
Prepaid expenses	  	 	(1,048	) 	 	 	(3,743	) 	
Accounts payable and accrued expenses	  	 	(12,812	) 	 	 	(18,967	) 	
	  	 	 	 	 	 	 	 	
Net cash provided by operating activities	  	 	30,137	  	 	 	7,920	  	
	  	 	 	 	 	 	 	 	
Cash Flows From Investing Activities	  				 				
Capital expenditures	  	 	(10,216	) 	 	 	(8,386	) 	
Acquisition of business, net of cash acquired	  	 	(600	) 	 	 	—  	  	
Proceeds from sale of property, plant and equipment	  	 	—  	  	 	 	1,805	  	
Other	  	 	(11	) 	 	 	(149	) 	
	  	 	 	 	 	 	 	 	
Net cash used for investing activities	  	 	(10,827	) 	 	 	(6,730	) 	
	  	 	 	 	 	 	 	 	
Cash Flows From Financing Activities	  				 				
Repayment of long-term debt	  	 	—  	  	 	 	(305	) 	
Net borrowing on credit facility	  	 	3,173	  	 	 	28,374	  	
Cash dividends paid	  	 	(3,019	) 	 	 	(4,967	) 	
Proceeds from issuance of common stock	  	 	3,262	  	 	 	2,822	  	
Tax benefit from options	  	 	50	  	 	 	—  	  	
Repurchase of common stock	  	 	(3,982	) 	 	 	—  	  	
	  	 	 	 	 	 	 	 	
Net cash (used for) provided by financing activities	  	 	(516	) 	 	 	25,924	  	
	  	 	 	 	 	 	 	 	
Foreign Exchange Rate Effect on Cash	  	 	(484	) 	 	 	1,697	  	
	  	 	 	 	 	 	 	 	
Net increase in cash	  	 	18,310	  	 	 	28,811	  	
Cash at January 1	  	 	3,948	  	 	 	6,801	  	
	  	 	 	 	 	 	 	 	
Cash at June 30	  	$	22,258	  	 	$	35,612	  	

	

Earnings Presentation
Second Quarter 2013
July 18, 2013
Exhibit 99.2	

	

Safe Harbor Statement
2
Statements in this presentation concerning the Company’s goals, strategies, and expectations for business
and financial results may be "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995 and are based on current indicators and expectations.  Whenever you read a
statement that is not simply a statement of historical fact (such as when we describe what we "believe,"
"expect," or "anticipate" will occur, and other similar statements), you must remember that our expectations
may
not
be
correct,
even
though
we
believe
they
are
reasonable.
We
do
not
guarantee
that
the
transactions
and
events
described
will
happen
as
described
(or
that
they
will
happen
at
all).
You
should
review
this
presentation with the understanding that actual future results may be materially different from what we
expect.  Many of the factors that will determine these results are beyond our ability to control or predict.  You
are cautioned not to put undue reliance on any forward-looking statement.  We do not intend, and undertake
no obligation, to update these forward-looking statements.  These statements involve a number of risks and
uncertainties that could cause actual results to differ materially from those expressed or implied in the
applicable statements.  Such risks include:
(1) Fluctuations in product demand and market acceptance
(2) Uncertainties associated with the general economic conditions in domestic and international markets
(3) Increased competition in our markets
(4) Changes in seasonality
(5) Difficulties
in
manufacturing
operations,
such
as
production
outages
or
maintenance
programs
(6) Raw material availability
(7) Fluctuations
in
raw
material
costs;
fluctuations
outside
the
“normal”
range
of
industry
cycles
(8) Changes in laws and regulations and approvals and decisions of courts, regulators, and
governmental bodies
Myers Industries, Inc. encourages investors to learn more about these risk factors. A detailed
explanation of these factors is available in the Company’s publicly filed quarterly and annual reports,
which
can
be
found
online
at
www.myersind.com
and
at
the
SEC.gov
web
site.	

	

$3.5
$3.5
$3.5
$5.0
$5.0
$8.0
$-
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
$14.0
$16.0
$18.0
2012 Adj. EBIT*
2012 Adj. EBIT*
with Phase 1
2012 Adj. EBIT*
with Phases 1&2
Lawn & Garden Pro Forma EBIT
Phase 2 Benefits
Phase 1 Benefits
2012 Adjusted Earnings
Before Income Taxes (EBIT)
Lawn & Garden Restructuring
3
$Millions
*See 2012 Reconciliation of Non-GAAP Financial Measures on slide 12	

	

Q2
Q2
Highlights
2013
2012
B/(W)
Net sales
$204.0
$181.1
12.7%
Gross
margin
27.3%
26.2%
4.2%
SG&A
$42.7
$37.4
-14.1%
Net
income -
adjusted*
$8.4
$5.7
47.9%
Effective
tax rate
30.8%
36.7%
EPS -
adjusted*
$0.25
$0.17
47.1%
*See 2013 Reconciliation of Non-GAAP measures on slide 13
Second Quarter 2013 Financial Summary
4
•
Net sales increased 12.7%
•
Material Handling sales
increased 39% as a result of
Novel and Jamco
acquisitions and organic
growth
•
Gross margin 27.3%
compared to 26.2% in Q2
2012
•
Productivity improvements
and material cost savings
drove most of the increase
Note: All figures except ratios and percents are $Millions	

	

Second Quarter 2013 Financial Summary
5
Notes:  All figures except ratios and percents are $Millions
Free
Cash
Flow
=
Cash
flow
from
Operations
–
Capital
Expenditures
Six Months Ended
Six Months Ended
Cash
June 30,
June 30,
Highlights
2013
2012
Cash provided
by operations
$30.1
$7.9
Capital
expenditures
$10.2
$8.4
Free cash flow
$19.9
($0.5)
Dividends
$3.0
$5.0
Balance Sheet
June 30,
December 31,
Highlights
2013
2012
Long-term debt
$96.0
$92.8
Debt - net of
cash
$73.7
$88.9
Net Debt to total
capital
23.9%
27.9%	

	

Q2
Results
•
Net sales increased 39% as
a result of the Novel &
Jamco acquisitions and
organic growth
•
The increased sales led to
the higher adjusted EBIT
year-over-year
Segment Review –
Material Handling
6
$ Millions
See 2013 Reconciliation of Non-GAAP
measures on slide 13
$9.2
$11.0
$6
$9
$12
Q2 2012
Q2 2013
EBIT -
Adjusted
$60.3
$83.8
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Q2 2012
Q2 2013
Net Sales	

	

Q2 Results
•
Decreased volumes at the
big box retailers
contributed to the decline
in sales
•
Productivity and material
cost savings drove the
significant increase in
adjusted EBIT
Segment Review –
Lawn & Garden
7
$ Millions
See 2013 Reconciliation of Non-GAAP
measures on slide 13
$42.5
$40.9
$39
$42
$45
Q2 2012
Q2 2013
Net Sales
$(1.5)
$1.2
-$2
-$2
-$1
-$1
$0
$1
$1
$2
Q2 2012
Q2 2013
EBIT -
Adjusted	

	

Q2 Results
•
New product and increased
equipment sales leading to market
share gains resulted in year-over-
year sales improvement despite a
continued slow replacement tire
market
•
A less favorable product mix of
equipment vs. supplies driven by
the slow replacement tire market
and planned IT expenses
contributed to the decrease in
adjusted EBIT
Segment Review –
Distribution
8
$ Millions
See 2013 Reconciliation of Non-GAAP
measures on slide 13
$44.2
$45.9
$25
$30
$35
$40
$45
$50
Q2 2012
Q2 2013
Net Sales
$4.1
$3.9
$0
$5
Q2 2012
Q2 2013
EBIT -
Adjusted	

	

Q2 Results
•
Strong marine and RV sales
during the quarter were
offset by lower custom sales
compared to last year
•
Productivity improvements
and a favorable product mix 
more than offset the lower
sales
Segment Review –
Engineered Products
9
$ Millions
See 2013 Reconciliation of Non-GAAP
measures on slide 13
$38.6
$37.6
$20
$25
$30
$35
$40
Q2 2012
Q2 2013
Net Sales
$4.7
$5.1
$0
$1
$2
$3
$4
$5
$6
Q2 2012
Q2 2013
EBIT -
Adjusted	

	

Second Half 2013 Outlook
Second Half Outlook
•
Material Handling
•
Second half results will benefit from the 2012 acquisitions and organic growth
•
Lawn & Garden
•
Expect results to continue to improve year-over-year driven by new products,
cost reductions, material substitutions and restructuring projects
•
Distribution
•
Anticipate continued market share gains in a slow marketplace
•
Engineered Products
•
Expect strength in the marine and RV markets to continue
•
Overall expect improved results in second half driven by our recent
acquisitions, organic growth, continued reinvestment in operations, cost
savings and expected benefits from the Lawn & Garden Segment
restructuring
10	

	

Appendix
11	

	

2012 Reconciliation of Non-GAAP Measures
12	

	

2013 Reconciliation of Non-GAAP Measures
13	

	

	

Exhibit 99.3

	  	News Release
NYSE: MYE	
Contact(s):
Gregg Branning, Senior Vice President
& Chief Financial Officer (330) 761-6303
Monica Vinay, Director, Investor
Relations & Communications (330) 761-6212
Myers Industries Announces Second Phase of Lawn and Garden Segment Restructuring;
Expected to Generate an Additional $8 Million of Annual Profit Improvement
Previously announced phase one targets $5 million of annual profit improvement
Lawn and Garden Segment expected to earn above Myers’ Cost of Capital in 2015
July 18, 2013, Akron, Ohio — Myers Industries, Inc. (NYSE: MYE) today announced the second phase of its restructuring of its Lawn and Garden Segment. On February 13, 2013, Myers Industries announced internal projects in its Lawn and Garden Segment that would generate annual savings of $5 million by 2014. This project is well underway and is already delivering savings. At that time, the Company indicated it was exploring other initiatives to increase the Lawn and Garden Segment’s value and drive returns above the Company’s cost of capital.
Today’s announced phase two of this restructuring initiative is comprised of a number of actions which include the closure of two plants; one in Brantford, ON and one in Waco, TX and the opening of a plant in Sparks, NV to better serve the west coast market and position the segment for future growth.
These actions are expected to result in an annual profit improvement of approximately $8 million. A portion of the benefits from these actions will begin in the fourth quarter of 2013. The majority of the benefits will be realized throughout 2014 through decreased labor, overhead, plant and freight costs.
The aggregate pre-tax charge for the actions will be approximately $15 million of which $12 million will be cash costs. Approximately 70% of the pre-tax charges will be recorded in the second half of 2013.
“After further evaluation of all options for our Lawn and Garden Segment, at this point the Company has determined that the greatest value can be produced from restructuring the business,” said President and Chief Executive Officer John C. Orr. “Today’s announced restructuring is phase two of our efforts towards increasing the value of the Lawn and Garden Segment. Earlier this year, we announced phase one which is focused on reducing costs in the Nursery and Greenhouse businesses. The combined annual profit improvement from both phases of our restructuring initiative of $13 million will provide for returns above the Company’s cost of capital in the Lawn and Garden Segment in 2015. On a pro forma basis, profit improvement from both phases of our restructuring initiative results in more than a 350% increase over the Lawn and Garden Segment’s 2012 operating earnings.”
Orr also said, “We understand that our decision regarding the restructuring of our Lawn and Garden Segment impacts a number of employees and their families as well as the local communities in which we operate, and we will handle those affected with respect and compassion.”
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

Caution on Forward-Looking Statements
Statements in this release may include “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that is not of historical fact may be deemed “forward-looking”. Words such as “expect”, “believe”, “project”, “plan”, “anticipate”, “intend”, “objective”, “goal”, “view”, and similar expressions identify forward-looking statements. These statements are based on management’s current views and assumptions of future events and financial performance and involve a number of risks and uncertainties, many outside of the Company’s control that could cause actual results to materially differ from those expressed or implied. Risks and uncertainties include: changes in the markets for the Company’s business segments; changes in trends and demands in the markets in which the Company competes; unanticipated downturn in business relationships with customers or their purchases; competitive pressures on sales and pricing; raw material availability, increases in raw material costs, or other production costs; future economic and financial conditions in the United States and around the world; ability to weather the current economic downturn; inability of the Company to meet future capital requirements; claims, litigation and regulatory actions against the Company; changes in laws and regulations affecting the Company; the Company’s ability to execute the components of its Strategic Business Evolution process; and other risks as detailed in the Company’s 10-K and other reports filed with the Securities and Exchange Commission. Such reports are available on the Securities and Exchange Commission’s public reference facilities and its web site at http://www.sec.gov , and on the Company’s Investor Relations section of its web site at http://www.myersindustries.com . Myers Industries undertakes no obligation to publicly update or revise any forward-looking statements contained herein. These statements speak only as of the date made.

Exhibit 99.4

	  	News Release	
Contact(s):
Amanda Hoggarth, Communications &
Public Relations Specialist, Myers Industries, Inc.
(330) 761-6322
Monica Vinay, Director, Investor Relations
& Communications, Myers Industries, Inc.
(330) 761-6212
Myers Industries Lawn & Garden Group
Announces Closure of its Brantford, Ontario Plant
July 18, 2013 , Brantford, Ontario — Myers Industries Inc.’s Lawn & Garden Group today announced the second phase of its restructuring which will include the closure of the Brantford, Ontario plant. Approximately 250 employees will be affected by this action. Myers Industries will continue to serve the Canadian market and will retain a customer service presence in Ontario to support the market and ensure a seamless transition. The Myers Industries location in Burlington, Ontario will not be closed.
Brantford Plant Manager John Bielby said, “The decision to close our Brantford operation is in no way a reflection of the efforts of the employees, but a result of the economics we face in our industry.”
The Company will make every effort to help employees through this transition.
About Myers Industries Lawn & Garden Group
The Myers Industries Lawn & Garden Group is comprised of industry-leading horticultural container companies serving the needs of professional growers, grower distributors, retail garden centers and mass merchandisers in the Greenhouse, Nursery and Consumer markets. Visit www.myerslawnandgarden.com to learn more.
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

Exhibit 99.5

	  	News Release	
Contact(s):
Amanda Hoggarth, Communications &
Public Relations Specialist, Myers Industries, Inc.
(330) 761-6322
Monica Vinay, Director, Investor Relations
& Communications, Myers Industries, Inc.
(330) 761-6212
Myers Industries Lawn & Garden Group
Announces Closure of its Waco, Texas Plant
July 18, 2013 , Waco, Texas — Myers Industries Inc.’s Lawn & Garden Group today announced the second phase of its restructuring which will include the closure of the Waco, Texas plant. Approximately 75 employees will be affected by this action. A number of employees will transfer to remaining Myers Industries Lawn & Garden Group operations. Myers Industries Lawn & Garden Group intends to facilitate a seamless transition for its customers.
Plant Manager Robert Burkhart said, “The Waco team has made progress in its ability to competitively service the market, but has been disadvantaged by its geographic location in relationship to the customers.”
The Company will make every effort to help employees through this transition.
About Myers Industries Lawn & Garden Group
The Myers Industries Lawn & Garden Group is comprised of industry-leading horticultural container companies serving the needs of professional growers, grower distributors, retail garden centers and mass merchandisers in the Greenhouse, Nursery and Consumer markets. Visit www.myerslawnandgarden.com to learn more.
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.