-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FF3k+39ojQUJlAnPzCMjpYx+V6pUZVC7wZ1Ay+YlXYBZ/q9ErgUCSixQQ2HEBgiH uFtDvKF0Ybsr1TZ2T0l/QA== 0001398344-11-000254.txt : 20110207 0001398344-11-000254.hdr.sgml : 20110207 20110207125021 ACCESSION NUMBER: 0001398344-11-000254 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110207 DATE AS OF CHANGE: 20110207 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DTS, INC. CENTRAL INDEX KEY: 0001226308 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 770467655 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79566 FILM NUMBER: 11577458 BUSINESS ADDRESS: STREET 1: 5220 LAS VIRGENES ROAD CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 818 436-1000 MAIL ADDRESS: STREET 1: 5220 LAS VIRGENES ROAD CITY: CALABASAS STATE: CA ZIP: 91302 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL THEATER SYSTEMS INC DATE OF NAME CHANGE: 20030407 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROWN CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000885062 IRS NUMBER: 521304372 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1201 N CALVERT ST CITY: BALTIMORE STATE: MD ZIP: 21201 BUSINESS PHONE: 4108373234 MAIL ADDRESS: STREET 1: 1201 N CALVERT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: BROWN CAPITAL MANAGEMENT INC DATE OF NAME CHANGE: 19990325 SC 13G/A 1 fp0002465_sc13ga.htm fp0002465_sc13ga.htm
 

UNITED STATES
WASHINGTON, D.C.  20549

 
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. _7_)*
 

   
DTS Inc.
(Name of Issuer)

 
Common Stock
(Title of Class of Securities)

 
23335C101
(Cusip Number)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
   
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
 
 
 

 
 
SCHEDULE 13G
CUSIP No.
23335C101
Page 2 of 6 Pages

1.           NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Brown Capital Management, LLC
 
2.           CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[ ]
(b)[ ]
 
 
3.           SEC USE ONLY
 
4.           CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
           
REPORTING NUMBER OF SHARES
BENEFICIALLY OWNED BY EACH
PERSON WITH
5.
6
7.
8.
SOLE VOTING POWER
SHARED VOTING POWER
SOLE DISPOSITIVE POWER
SHARED DISPOSITIVE POWER
          714,061
      None
            1,488,362
     None
   

     
9.           AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,488,362
 
 
10.         CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
     
11.         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.68%
 
   
12.         TYPE OF REPORTING PERSON*
                   IA                  CO
 

 
 

 

   
CUSIP No.
23335C101
Page 3 of 6 Pages
       
Item  1
(a)
Name of Issuer:
DTS Inc.
 
 
(b)
Address of Issuer:
5171 Clareton Drive
 
   
Agoura Hills, CA 91301
   
Item 2
(a)
Name of Person Filing:
Brown Capital Management, LLC
   
 
(b)
Address of Principal Business Office or, if none, Residence:
1201 N. Calvert Street
Baltimore, Maryland  21202
   
 
(c)
Citizenship:
Maryland
   
 
(d)
Title of Class of Securities:
Common Stock
   
 
(e)
CUSIP Number:
23335C101
   
         
Item 3:
Capacity in Which Person is Filing:
[x]
Investment Adviser registered under
Section 203 of the Investment Advisers
Act of 1940
   

 
 

 

     
CUSIP No.
23335C101
Page 4 of 6 Pages

Item 4:
Ownership As of December 31, 2010:
 
(a)
Amount Beneficially Owned:
1,488,362
 
(b)
Percent of class:
8.68%
 
(c)
Number of shares to which such person has:
 
(i)
(ii)
(iii)
(iv)
Sole power to vote or to direct the vote:
Shared power to vote or to direct the vote:
Sole power to dispose or to direct the disposition of:
Shared power to dispose or to direct the disposition of :
714,061
None
1,488,362
None
       
Item 5:
Ownership of Five Percent or Less of Class:
Not applicable
 
 
 

 
 
CUSIP No.
 23335C101
 
Page 5 of 6 Pages
 
Item 6:
Ownership of More than Five Percent on Behalf of  Another Person
 
          All of the shares of Common Stock set forth in Item 4 are owned by various investment advisory clients of Brown Capital Management, LLC, which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, due to it discretionary power to make investment decisions over such shares for its clients and its ability to vote such shares.  In all cases, persons other than Brown Capital Management, LLC has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the shares.  No individual client holds more than five percent of the class.
 
Item 7:
Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By
the Parent Holding Company:
 
Not applicable
Item 8:
Identification and Classification of Members of the Group:
 
               Not applicable
Item 9:
Notice of Dissolution of Group:
               Not applicable

 
 

 
 
CUSIP No.
23335C101
Page 6 of 6 Pages

   
Item 10:
Certification:
   
   
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect
 

 
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Brown Capital Management, LLC
By:  /s/ Eddie C. Brown
 
 
Eddie C. Brown
President

Date:
December 31, 2010

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