-----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, Er4Jk7AJaRdIngiXcIb+UsG0vb0V4+M3bYZaU3RUEDkoVRcM0xe2GPyafR8vUaEY w89A1blVX2Ca0LAXS7Axeg== 0000950129-05-009587.txt : 20051004 0000950129-05-009587.hdr.sgml : 20051004 20051004153535 ACCESSION NUMBER: 0000950129-05-009587 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20051003 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051004 DATE AS OF CHANGE: 20051004 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MEXICAN RESTAURANTS INC CENTRAL INDEX KEY: 0001009244 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 760493269 STATE OF INCORPORATION: TX FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28234 FILM NUMBER: 051121504 BUSINESS ADDRESS: STREET 1: 1135 EDGEBROOK CITY: HOUSTON STATE: TX ZIP: 77034 BUSINESS PHONE: 7139437574 MAIL ADDRESS: STREET 1: 1135 EDGEBROOK CITY: HOUSTON STATE: TX ZIP: 77034 FORMER COMPANY: FORMER CONFORMED NAME: CASA OLE RESTAURANTS INC DATE OF NAME CHANGE: 19960228 8-K 1 h29182e8vk.txt MEXICAN RESTAURANTS, INC. 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): October 3, 2005 MEXICAN RESTAURANTS, INC. (Exact name of registrant as specified in its charter) TEXAS 000-28234 76-0493269 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 1135 EDGEBROOK, HOUSTON, TEXAS 77034-1899 (Address of principal executive offices) (Zip Code) (Registrant's telephone number, including area code): (713) 943-7574 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)) -1- ITEM 8.01. OTHER EVENTS. On October 3, 2005, Mexican Restaurants, Inc. (the "Company") issued a press release announcing that its Board of Directors had called a Special Meeting of Shareholders to be held on Tuesday, November 8, 2005 to seek shareholder approval of its 2005 Long Term Incentive Plan. A copy of the Company's October 3, 2005 press release is filed as Exhibit 99.1 hereto. On October 4, 2005, the Company issued a press release announcing an update on the impact of Hurricane Rita on the Company's operations. The Company's October 4, 2005 press release is filed as Exhibit 99.2 hereto. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibit Number Description -------------- ----------- 99.1 Mexican Restaurants, Inc. press release dated October 3, 2005. 99.2 Mexican Restaurants, Inc. press release dated October 4, 2005. -2- SIGNATURES 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. MEXICAN RESTAURANTS, INC. Date: October 4, 2005 By: /s/ Andrew J. Dennard --------------------------------------- Name: Andrew J. Dennard Title: Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary -3- INDEX TO EXHIBITS Exhibit Number Description - -------------- ----------- 99.1 Mexican Restaurants, Inc. press release dated October 3, 2005. 99.2 Mexican Restaurants, Inc. press release dated October 4, 2005. -4- EX-99.1 2 h29182exv99w1.txt PRESS RELEASE DATED OCTOBER 3, 2005 EXHIBIT 99.1 (MEXICAN RESTAURANTS, INC. LOGO) FOR IMMEDIATE RELEASE Contact: Mexican Restaurants, Inc. Andrew J. Dennard (713) 943-7574 MEXICAN RESTAURANTS, INC. ANNOUNCES SPECIAL MEETING OF SHAREHOLDERS TO CONSIDER APPROVAL OF LONG TERM INCENTIVE PLAN (NASDAQ:CASA) Houston, Texas (October 3, 2005) Mexican Restaurants, Inc. (Nasdaq:CASA) announced today that its Board of Directors has called a Special Meeting of Shareholders to be held on November 8, 2005 to seek shareholder approval for the adoption of a new long-term equity compensation incentive plan for its employees. The 2005 Long Term Incentive Plan is intended to replace the Casa Ole Restaurants, Inc. 1996 Long Term Incentive Plan, which terminates February 28, 2006, and the Company's Non-Employee Director Plan, which terminates December 31, 2005. Shareholders of record as of September 1, 2005 will be entitled to notice of and the right to vote at the special meeting. Mexican Restaurants, Inc. operates and franchises 80 Mexican restaurants. The current system includes 61 Company-operated restaurants, 18 franchisee operated restaurants and one license restaurant. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: growth strategy; dependence on executive officers; geographic concentration; increasing susceptibility to adverse conditions in the region; changes in consumer tastes and eating habits; the risk of food borne illness; national, regional or local economic and real estate conditions; demographic trends; inclement weather; traffic patterns; the type, number and location of competing restaurants; inflation; increased food, labor and benefit costs; the availability of experienced management and hourly employees; seasonality and the timing of new restaurant openings; changes in governmental regulations; dram shop exposure; and other factors not yet experienced by the Company. The use of words such as "believes", "anticipates", "expects", "intends" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Readers are urged to carefully review and consider the various disclosures made by the Company in this release and in the Company's most recently filed Annual Report and Form 10-K that attempt to advise interested parties of the risks and factors that may affect the Company's business. EX-99.2 3 h29182exv99w2.txt PRESS RELEASE DATED OCTOBER 4, 2005 EXHIBIT 99.2 (MEXICAN RESTAURANTS, INC. LOGO) FOR IMMEDIATE RELEASE Contact: Mexican Restaurants, Inc. Andrew J. Dennard (713) 943-7574 MEXICAN RESTAURANTS, INC. ANNOUNCES HURRICANE RITA UPDATE (NASDAQ:CASA) Houston, Texas (October 4, 2005) Mexican Restaurants, Inc. (NASDAQ:CASA) announced an update on the impact of Hurricane Rita on the Company's operations. For the third quarter ending October 2, 2005, the Company estimates that it lost $1.0 million in revenues. The Company reported that all of the Houston area's twenty-seven (27) restaurants sustained little to no damage, but lost four days of restaurant sales, or approximately $400,000 in revenue. The Company also announced that its 13 restaurants in the Beaumont, Texas and Lake Charles, Louisiana, metro areas sustained varying degrees of damage, ranging from heavy damage in Sulphur, Louisiana and Port Arthur, Texas, to light water and wind damage in other Beaumont, Texas restaurants, and all but one of the restaurants are currently closed. The Company expects to have five of these restaurants reopened by the week ending October 16, 2005; however, much of the region still remains without power, making it difficult to predict when the balance of the restaurants will be able to open. For the third quarter ended October 2, 2005, the Company estimates it lost approximately $600,000 in revenue in the Beaumont, Texas and Lake Charles, Louisiana metro areas. The Company is insured for certain of the losses to its facilities, and for certain of the losses related to the interruption of its restaurant operations. Curt Glowacki, Chief Executive Officer, stated that "Hurricane Rita has hit our Gulf Coast area with a major blow. Property can be restored, but not life. All of our people made it through the storm, and with their determination, we anticipate that the damaged restaurants will be restored to operation as quickly and as safely possible." Mexican Restaurants, Inc. operates and franchises 80 Mexican restaurants. The current system includes 61 Company-operated restaurants, 19 franchisee operated restaurants and one license restaurant. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: growth strategy; dependence on executive officers; geographic concentration; increasing susceptibility to adverse conditions in the region; changes in consumer tastes and eating habits; the risk of food borne illness; national, regional or local economic and real estate conditions; demographic trends; inclement weather; traffic patterns; the type, number and location of competing restaurants; inflation; increased food, labor and benefit costs; the availability of experienced management and hourly employees; seasonality and the timing of new restaurant openings; changes in governmental regulations; dram shop exposure; and other factors not yet experienced by the Company. The use of words such as "believes", "anticipates", "expects", "intends" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Readers are urged to carefully review and consider the various disclosures made by the Company in this release and in the Company's most recently filed Annual Report and Form 10-K that attempt to advise interested parties of the risks and factors that may affect the Company's business. -----END PRIVACY-ENHANCED MESSAGE-----