-----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, OkJAyKZjdfO6Xea2LZL3D6N6YpxCDun946+SERyjUE46DxLsC1NslndKH5VCt0wd 6ccZVOK32n1mhRtxmLkupg== 0000950136-97-000382.txt : 19970404 0000950136-97-000382.hdr.sgml : 19970404 ACCESSION NUMBER: 0000950136-97-000382 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961228 FILED AS OF DATE: 19970403 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDEN BOOKS FAMILY ENTERTAINMENT INC CENTRAL INDEX KEY: 0000790706 STANDARD INDUSTRIAL CLASSIFICATION: BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731] IRS NUMBER: 061104930 STATE OF INCORPORATION: DE FISCAL YEAR END: 0508 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 033-51568 FILM NUMBER: 97573990 BUSINESS ADDRESS: STREET 1: 850 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127538500 MAIL ADDRESS: STREET 1: 850 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN PUBLISHING GROUP INC DATE OF NAME CHANGE: 19920703 10-K/A 1 AMENDED FORM 10-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K / A AMENDMENT NO. 1 TO [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal period ended December 28, 1996 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ........ ........ Commission file number 0-14399 ------- GOLDEN BOOKS FAMILY ENTERTAINMENT, INC. --------------------------------------- (Exact name of registrant as specified in its charter) Delaware 06-1104930 -------- ---------- (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 850 Third Avenue, New York, New York 10022 ------------------------------------ ----- (Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 583-6700 -------------- Securities registered pursuant to Section 12(b) of the Act: None ---- Securities registered pursuant to Section 12(g) of the Act: Common Stock, par value $ .01 per share ---------------------------------------
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, and (2) has been subject to such filing requirements for the past 90 days. Yes [X] or No [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in the definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [ ] The aggregate market value of the Registrant's voting stock held by non-affiliates of the Registrant, computed by reference to the closing sales price as quoted on NASDAQ on March 24, 1997, was approximately $222,456,690. As of March 14, 1997 25,986,842 shares of Common Stock were outstanding. 1 The undersigned Registrant hereby amends the following information included in Item 8 in its Form 10-K as set forth below in its entirety: PART II ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
CONSOLIDATED QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (IN THOUSANDS, EXCEPT FOR PER SHARE DATA) - ------------------------------------------------------------------------------------------------------------- FIRST SECOND THIRD FOURTH QUARTER (1) QUARTER (1) QUARTER (1) QUARTER (1) ----------- ----------- ----------- ----------- 1996 Net sales $ 67,314 $ 72,317 $ 67,308 $ 75,246 Gross profit (loss) 20,750 19,596 (12,464) 6,323 Net loss (2) (10,700) (24,464) (96,815) (70,072) Net loss per common share (.50) (1.19) (4.29) (2.80) Weighted average number of common shares 21,669 21,980 23,098 25,750 1995 Net sales 86,789 85,606 94,706 107,510 Gross profit 18,770 21,630 22,627 23,424 Net loss (3) (9,317) (11,961) (8,484) (33,080) Net loss per common share (.45) (.57) (.41) (1.56) Weighted average number of common shares 21,232 21,232 21,237 21,273
(1) On November 30, 1996, the Company changed its Fiscal year end so as to end on the last Saturday in December. Accordingly, the consolidated quarterly financial information has been restated to reflect the Company's revised quarters follows: 1996 1995 ---- ---- First Quarter March 30th March 25th Second Quarter June 29th June 24th Third Quarter September 28th September 30th Fourth Quarter December 28th December 30th (2) Includes a total provision for restructuring and closure of operations of $65,741, of which $40,680 and $25,061 were recognized in the third and fourth quarters, respectively. (3) Includes an additional gain on streamlining plan of $2,000 recognized in the second quarter, and the provision for restructuring and closure of operations of $8,701 recognized in the third quarter. 2 SIGNATURE Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Amendment to be signed on its behalf by the undersigned, thereunto duly authorized. April 3, 1997 GOLDEN BOOKS FAMILY ENTERTAINMENT, INC. /s/ Philip E. Rowley ----------------------------------------------- Philip E. Rowley Executive Vice President and Chief Financial Officer (principal financial and accounting officer) -----END PRIVACY-ENHANCED MESSAGE-----