-----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, N5800XqL73s9bRBxETYQrljKyK+s8giu5B9vlMC8dfg9pLocO1HgNXq9PXXKQN5G qnCKWoMpK+ujBy3WXmjG2Q== 0000722077-05-000021.txt : 20050329 0000722077-05-000021.hdr.sgml : 20050329 20050329163334 ACCESSION NUMBER: 0000722077-05-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050329 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20050329 DATE AS OF CHANGE: 20050329 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMC ENTERTAINMENT INC CENTRAL INDEX KEY: 0000722077 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE THEATERS [7830] IRS NUMBER: 431304369 STATE OF INCORPORATION: DE FISCAL YEAR END: 0302 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08747 FILM NUMBER: 05710064 BUSINESS ADDRESS: STREET 1: 920 MAIN STREET STREET 2: N/A CITY: KANSAS CITY STATE: MO ZIP: 64105 BUSINESS PHONE: 8162214000 MAIL ADDRESS: STREET 1: 920 MAIN STREET STREET 2: N/A CITY: KANSAS CITY STATE: MO ZIP: 64105 8-K 1 amc8k.htm AMC Entertainment 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) March 29, 2005 (March 24, 2005)



AMC ENTERTAINMENT INC.

(Exact name of registrant as specified in its charter)





DELAWARE

            

1-8747

        

43-1304369

(State or other jurisdiction of
incorporation)

  

(Commission
File Number)

  

(IRS Employer
Identification No.)



920 Main Street

                                        

                                  

Kansas City, Missouri

 

64105

(Address of principal executive offices)

  

Zip Code


Registrant’s telephone number, including area code
(816) 221-4000


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 2.05 Costs Associated with Exit or Disposal Activities


On March 24, 2005, AMC Entertainment Inc. (“AMC” or the “Company”) commenced an organizational restructuring related to functions at its Home Office in Kansas City, Missouri and its Film Office in Los Angeles, California.  The Company's new organizational structure flattens management structure and aligns systems, resources and areas of expertise to promote faster communication.  The primary goal of the restructuring is to create a simplified organizational structure; in this way, the Company believes it is positioning AMC to best serve its existing guests while setting the stage to handle growth with improved infrastructure.  


The Company currently estimates it will record $5.2 million of expenses related to one-time termination benefits and other costs related to the displacement of approximately 55 associates.  The expenses are expected to be incurred during the fourth quarter of fiscal 2005 and the first quarter of fiscal 2006.  The Company expects to complete its organizational restructuring including payment of related costs by the end of its first fiscal quarter of 2006 on June 30, 2005.  




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.





 

 

                                                         

      

AMC ENTERTAINMENT INC.

   

      

 
 

Date:

 

March 29, 2005

 

/s/ Craig R. Ramsey

       

                           

     

Craig R. Ramsey

    

       

Executive Vice President and

     

Chief Financial Officer

      




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