CAFETERIA OPERATORS LP
10-K405/A, 1998-03-19
EATING PLACES
Previous: FARM FAMILY HOLDINGS INC, DEF 14A, 1998-03-19
Next: EXODUS COMMUNICATIONS INC, 424B4, 1998-03-19



<PAGE>   1

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549
                                  FORM 10-K/A
                                AMENDMENT NO. 2

[X]      ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934 

         For the fiscal year ended December 31, 1996


[ ]      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

                        Commission file number 333-4578
                           Cafeteria Operators, L.P.
             (Exact name of Registrant as specified in its charter)

         Delaware                                                75-2186655
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                             Identification No.)

         6901 QUAKER AVE., LUBBOCK, TX                               79413
(Address of principal executive office)                            (Zip Code)

Registrant's telephone number, including area code               (806) 792-7151

Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to Section 12(g) of the Act:  None

         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 (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to
filing requirements for the past 90 days.

                            Yes    X      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 definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [x]
<PAGE>   2

Item 14.         Exhibits, Financial Statement Schedules and Reports on Form
8-K

         (a)     The following documents are filed as part to this Annual
Report of Form 10-K:

                 (1)      Financial Statements

                          The financial statements filed as part of this report
                          are listed in the "Index to Consolidated Financial
                          Statements" at Item 8.

                 (2)      Financial Statement Schedule
                          Cafeteria Operators, L.P.

<TABLE>
<CAPTION>
         Schedule         Description                                              Page No.
         --------         -----------                                              --------   
         <S>              <C>                                                        <C>
         II -             Consolidated Valuation and Qualifying Accounts             S-1
</TABLE>

Schedules not listed above have been omitted because they are either not
applicable, not material or the required information has been given in the
financial statements or in notes to the financial statements.

         (b)     Reports on Form 8-K

During the fourth quarter of 1996, the Company filed no reports on Form 8-K.

         (c) Exhibits


<TABLE>
<CAPTION>
       Exhibit No.                    Description
       <S>                   <C>
       3.1                   Second Amendment and Restated Agreement of Limited Partnership of Cafeteria
                             Operators, L.P. (included as Exhibit I to the Exchange Agreement filed as Exhibit
                             10.1 and incorporated by reference from the Registration Statement on Form S-4 of
                             Furr's/Bishop's, Incorporated (File No. 33-92236)).

       3.2                   Certificate of Amendment to the Certificate of Limited Partnership of Cafeteria
                             Operators, L.P. dated July 11, 1995, incorporated by reference from the Registration
                             Statement on Form S-1 of Cafeteria Operators, L.P. (File No. 333-4578).

       4.1                   Amended and Restated Indenture, dated as of November 15, 1995, between Cafeteria
                             Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.),
                             incorporated by reference from the Registration Statement on Form S-4 of
                             Furr's/Bishop's, Incorporated (File No. 33-92236).
</TABLE>
<PAGE>   3
<TABLE>
       <S>                   <C>
       4.2                   First Supplemental Indenture dated as of January 24, 1996, between Cafeteria
                             Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.),
                             incorporated by reference from Furr's/Bishop's, Incorporated's Form 10-K for the
                             year ended January 2, 1996.

       4.3                   General Security Agreement, dated as of March 27, 1992, between Cafeteria Operators,
                             L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.),
                             incorporated by reference from the Registration Statement on Form S-1 of Cafeteria
                             Operators, L.P. (File No. 333-4578).

       4.4                   Security Agreement, dated as of March 27, 1992, between Cafeteria Operators, L.P.
                             and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.), incorporated by
                             reference from the Registration Statement on Form S-1 of Cafeteria Operators, L.P.
                             (File No. 333-4578).

       4.5                   Form of Assignment and Security Agreements relating to deposits at Amarillo National
                             Bank and Carlsbad National Bank, dated as of March 27, 1992, between Cafeteria
                             Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.),
                             incorporated by reference from the Registration Statement on Form S-1 of Cafeteria
                             Operators, L.P. (File No. 333-4578).

       4.6                   General Security Agreement, dated as of March 27, 1992, between Furr's/Bishop's
                             Specialty Group, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank,
                             N.A.), incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).

       4.7                   Assignment for Security (Trademarks), dated as of March 27, 1992, by Cafeteria
                             Operators, L.P., filed with the Patent and Trademark Office, incorporated by
                             reference from the Registration Statement on Form S-1 of Cafeteria Operators, L.P.
                             (File No. 333-4578).

       4.8                   Assignment for Security (Trademarks), dated as of December 28, 1995, by Cafeteria
                             Operators, L.P., filed with the Patent and Trademark Office, incorporated by
                             reference from the Registration Statement on Form S-1 of Cafeteria Operators, L.P.
                             (File No. 333-4578).

       4.9                   Assignment for Security (Trademarks), dated as of December 28, 1995, by
                             Furr's/Bishop's Specialty Group, L.P., filed with the Patent and Trademark Office,
                             incorporated by reference from the Registration Statement on Form S-1 of Cafeteria
                             Operators, L.P. (File No. 333-4578).
</TABLE>
<PAGE>   4
<TABLE>
       <S>                   <C>
       4.10                  Amended and Restated Security Agreement and Mortgage-Trademarks and Patents, dated
                             as of December 31, 1995, among Cafeteria Operators, L.P., Furr's/Bishop's Specialty
                             Group, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.),
                             incorporated by reference from the Registration Statement on Form S-1 of Cafeteria
                             Operators, L.P. (File No. 333-4578).

       4.11                  Special Power of Attorney, dated as of March 27, 1992, by Cafeteria Operators, L.P.,
                             incorporated by reference from the Registration Statement on Form S-1 of Cafeteria
                             Operators, L.P. (File No. 333-4578).

       4.12                  Special Power of Attorney, dated as of December 28, 1995, by Cafeteria Operators,
                             L.P., incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).

       4.13                  Special Power of Attorney, dated as of December 28, 1995, by Furr's/Bishop's
                             Specialty Group, L.P., incorporated by reference from the Registration Statement on
                             Form S-1 of Cafeteria Operators, L.P. (File No. 333-4578).

       4.14                  Omnibus Agreement, dated as of November 15, 1995, among Cafeteria Operators, L.P.,
                             Furr's/Bishop's Specialty Group, L.P. and Fleet National Bank of Massachusetts
                             (f/k/a Shawmut Bank, N.A.) (included as Exhibit E to the Exchange Agreement filed as
                             Exhibit 10.1 and incorporated by reference from the Registration Statement on Form
                             S-4 of Furr's/Bishop's Incorporated (File No. 33-92236)).

       4.15                  First Amendment to Deed of Trust, dated as of November 15, 1995, between Cafeteria
                             Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.)
                             for premises located at Pima County, Arizona, incorporated by reference from the
                             Registration Statement on Form S-1 of Cafeteria Operators, L.P. (File No. 333-4578).

       4.16                  First Amendment to Deed of Trust, dated as of November 15, 1995, between Cafeteria
                             Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.)
                             for premises located at Jefferson County, Colorado, incorporated by reference from
                             the Registration Statement on Form S-1 of Cafeteria Operators, L.P. (File No. 333-
                             4578).
</TABLE>
<PAGE>   5
<TABLE>
       <S>                   <C>
       4.17                  First Amendment to Deed of Trust, dated as of November 15, 1995, between Cafeteria
                             Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.)
                             for premises located at Clark County, Nevada, incorporated by reference from the
                             Registration Statement on Form S-1 of Cafeteria Operators, L.P. (File No. 333-4578).

       4.18                  First Amendment to Deed of Trust, Security Agreement, Financing Statement, Fixture
                             Filing and Assignment of Rents and Leases, dated as of November 15, 1995, between
                             Cafeteria Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut
                             Bank, N.A.) for premises located at San Bernardino County, California, incorporated
                             by reference from the Registration Statement on Form S-1 of Cafeteria Operators,
                             L.P. (File No. 333-4578).

       4.19                  First Amendment to Mortgage, Security Agreement and Assignment of Leases and Rents,
                             dated as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet National
                             Bank of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at Johnson
                             County, Kansas, incorporated by reference from the Registration Statement on Form S-
                             1 of Cafeteria Operators, L.P. (File No. 333-4578).

       4.20                  First Amendment to Deed of Trust, Security Agreement and Assignment of Leases and
                             Rents, dated as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet
                             National Bank of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at
                             St. Louis County, Missouri, incorporated by reference from the Registration
                             Statement on Form S-1 of Cafeteria Operators, L.P. (File No. 333-4578).

       4.21                  First Amendment to New Mexico Deed of Trust, dated as of November 15, 1995, between
                             Cafeteria Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a Shawmut
                             Bank, N.A.). for premises located at Bernalillo County, New Mexico, incorporated by
                             reference from the Registration Statement on Form S-1 of Cafeteria Operators, L.P.
                             (File No. 333-4578).

       4.22                  First Amendment to Mortgage with Power of Sale, dated as of November 15, 1995,
                             between Cafeteria Operators, L.P. and Fleet National Bank of Massachusetts (f/k/a
                             Shawmut Bank, N.A.) for premises located at Tulsa County, Oklahoma, incorporated by
                             reference from the Registration Statement on Form S-1 of Cafeteria Operators, L.P.
                             (File No. 333-4578).
</TABLE>
<PAGE>   6
<TABLE>
       <S>                   <C>
       4.23                  First Amendment to Deed of Trust, Security Agreement and Assignment of Leases, dated
                             as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet National Bank
                             of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at Taylor County,
                             Texas, incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).

       4.24                  First Amendment to Deed of Trust, Security Agreement and Assignment of Leases, dated
                             as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet National Bank
                             of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at Cameron County,
                             Texas, incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).

       4.25                  First Amendment to Deed of Trust, Security Agreement and Assignment of Leases, dated
                             as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet National Bank
                             of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at Dallas County,
                             Texas, incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).

       4.26                  First Amendment to Deed of Trust, Security Agreement and Assignment of Leases, dated
                             as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet National Bank
                             of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at Lubbock County,
                             Texas, incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).

       4.27                  First Amendment to Deed of Trust, Security Agreement and Assignment of Leases, dated
                             as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet National Bank
                             of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at Grayson County,
                             Texas, incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).

       4.28                  First Amendment to Deed of Trust, Security Agreement and Assignment of Leases, dated
                             as of November 15, 1995, between Cafeteria Operators, L.P. and Fleet National Bank
                             of Massachusetts (f/k/a Shawmut Bank, N.A.) for premises located at Hopkins County,
                             Texas, incorporated by reference from the Registration Statement on Form S-1 of
                             Cafeteria Operators, L.P. (File No. 333-4578).
</TABLE>
<PAGE>   7
<TABLE>
       <S>                   <C>
       10.1                  Exchange Agreement dated as of November 15, 1995, among Furr's/Bishop's,
                             Incorporated, Cafeteria Operators, L.P. and holders of 11% Senior Secured Notes,
                             incorporated by reference from the Registration Statement on Form S-4 of
                             Furr's/Bishop's, Incorporated (File No. 33-92236).

       10.2                  Consulting and Indemnity Agreement and General Release, dated as of June 7, 1996,
                             among Kevin E. Lewis, Furr's/Bishop's, Incorporated and Cafeteria Operators, L.P.,
                             incorporated by reference from the Registration Statement on Form S-1 of
                             Furr's/Bishop's, Incorporated (File No. 333-4576).

       10.3                  First Amendment to Consulting and Indemnity Agreement and General Release, dated as
                             of September 17, 1996, among Kevin E. Lewis, Furr's/Bishop's, Incorporated and
                             Cafeteria Operators, L.P., previously filed.

       10.4                  Master Sublease Agreement, dated as of December 1, 1986, between Kmart Corporation
                             and Cafeteria Operators, L.P. (as successor in interest to Furr's Cafeterias, Inc.),
                             incorporated by reference from the Registration Statement on Form S-1 of Calvacade
                             Foods, Inc., Furr's Cafeterias, Inc. and Bishop Buffets, Inc. (File No. 33-11842).

       10.5                  Amendment, with respect to the Master Sublease Agreement, dated as of December 1,
                             1993, between Kmart Corporation and Cafeteria Operators, L.P., incorporated by
                             reference from Furr's/Bishop's, Incorporated's Form 8-K dated November 15, 1993.
       21.0                  Subsidiaries of the Registrant, previously filed.

       27.0                  Financial Date Schedule, previously filed.
</TABLE>
<PAGE>   8
                                   SIGNATURES

Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.


                                          CAFETERIA OPERATORS, L.P.

                                          By:  Furr's/Bishop's, Incorporated,
                                               a Delaware corporation
                                               General Partner

DATE:    March 19, 1998                        /s/ Alton R. Smith             
                                               -------------------------------
                                               Alton R. Smith
                                               Principal Accounting Officer


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission