-----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, W1Sk7db1kgfgAbdYTg7fmpL5pBDFTAlj1jWzEEujl8pm635FqSb00XWMoltVPY9b R1Uw9+zkxo4ZK1mMgkZALA== 0000912057-96-018846.txt : 19960827 0000912057-96-018846.hdr.sgml : 19960827 ACCESSION NUMBER: 0000912057-96-018846 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960826 ITEM INFORMATION: Other events FILED AS OF DATE: 19960826 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGNETEK INC CENTRAL INDEX KEY: 0000751085 STANDARD INDUSTRIAL CLASSIFICATION: POWER, DISTRIBUTION & SPECIALTY TRANSFORMERS [3612] IRS NUMBER: 953917584 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10233 FILM NUMBER: 96620515 BUSINESS ADDRESS: STREET 1: 26 CENTURY BOULEVARD STREET 2: P O BOX 290159 CITY: NASHVILLE STATE: TN ZIP: 37229-0159 BUSINESS PHONE: 6153165100 MAIL ADDRESS: STREET 1: 26 CENTURY BOULEVARD STREET 2: P O BOX 290159 CITY: NASHVILLE STATE: TN ZIP: 37229-0159 8-K 1 FORM 8-K 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 26, 1996 ------------------------------- MAGNETEK, INC. - -------------------------------------------------------------------------------- (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) Delaware 1-10233 95-3917584 - -------------------------------------------------------------------------------- (STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO) 26 Century Boulevard, P.O. Box 290159, Nashville, TN 37229-0159 - -------------------------------------------------------------------------------- (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) Registrant's telephone number, including area code (615) 316-5100 ---------------------------- Not applicable - -------------------------------------------------------------------------------- (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT) Page 1 of 3 ITEM 5. OTHER EVENTS Upon completion of its analysis of deferred income tax accounts and finalization of its year-ended audit, the Company elected to increase valuation reserves against deferred income tax assets by $14,700,000, resulting in an increase to the Provision for Income Taxes by the same amount for the fourth quarter and year ended June 30, 1996. As a result, the Provision for Income Taxes of $4,127,000 and $4,700,000 for the three months and year ended June 30, 1996, respectively, as originally reported in the earnings release of unaudited results (July 31, 1996), was increased to $18,827,000 and $19,400,000 for the three months and year ended June 30, 1996, respectively, in the Company's final audited results. The Net Loss for the year ended June 30, 1996, originally reported as $75,820,000 ($3.05 per share) and $79,464,000 ($3.20 per share) for the three months and year ended June 30, 1996, respectively, was revised to $90,520,000 ($3.64 per share) and $94,164,000 ($3.78 per share), respectively. Page 2 of 3 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. MAGNETEK, INC. Dated: August 26, 1996 By: /s/ Samuel A. Miley ----------------------------------------------- Samuel A. Miley, Esq. Vice President, General Counsel and Secretary Page 3 of 3 -----END PRIVACY-ENHANCED MESSAGE-----