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: August 9, 2005) TEAM, Inc. -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Texas 0-9950 74-1765729 ----- ------ ---------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) 200 Hermann Drive Alvin, Texas 77511 (Address of principal executive offices and zip code) Registrant's telephone number, including area code (281) 331-6154 ------------------------------------------------------------------------ ITEM 8.01 -- OTHER EVENTS On August 9, 2005, the Registrant disseminated a Press Release announcing its earnings for the fourth quarter and full fiscal year ending May 31, 2005. The information contained in the Press Release dated August 9, 2005 is incorporated herein by reference and attached as Exhibit 99.1 hereto. ITEM 9.01 -- FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. 99.1 The Registrant's Press Release dated August 9, 2005. 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 thereunto duly authorized. TEAM, INC. By: /s/ Ted W. Owen ------------------------------- Ted W. Owen Senior Vice President -- Chief Financial Officer Date: August 9, 2005