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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
AMENDMENT NO. 1 TO
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED DECEMBER 31, 1996
COMMISSION FILE NUMBER: 0-8498
HAVERTY FURNITURE COMPANIES, INC.
(Exact name of registrant as specified in its charter)
MARYLAND 58-0281900
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
866 WEST PEACHTREE STREET, N.W., ATLANTA, GA 30308
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (404) 881-1911
Securities registered pursuant to Section 12(b) of the Act:
TITLE OF EACH CLASS NAME OF EACH EXCHANGE ON WHICH REGISTERED
------------------- -----------------------------------------
None None
Securities registered pursuant to Section 12(g) of the Act:
COMMON STOCK ($1.00 PAR VALUE), CLASS A COMMON STOCK ($1.00 PAR VALUE)
(Title of class)
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The undersigned Registrant hereby amends the following items,
financial statements, exhibits or other portions of its Annual Report on Form
10-K for the year ending December 31, 1996, as set forth below:
Part II, Item 8 and Part IV, Item 14(a)(1).
Consolidated Statements of Stockholders Equity -- Fiscal years
ended December 31, 1996, 1995 and 1994
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CONSOLIDATED STATEMENTS
OF STOCKHOLDERS' EQUITY
------------------------------
HAVERTY FURNITURE COMPANIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
<TABLE>
<CAPTION>
Class A
Common Common
Stock Stock Additional
($1 Par ($1 Par Paid-in Retained Treasury
(In thousands, except per share data) Value) Value) Capital Earnings Stock Total
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Balance at December 31, 1993 $8,765 $3,354 $30,443 $ 83,433 $(5,577) $120,418
Net income -- -- -- 12,538 -- 12,538
Cash dividends on common stock:
Amount -- -- -- (3,082) -- (3,082)
Per share:
Common -- $.275
Class A Common -- $.255
Conversion of Class A Common Stock 80 (80) -- -- -- --
Stock option transactions, net 84 40 1,057 -- -- 1,181
- ----------------------------------------------------------------------------------------------------------
Balance at December 31, 1994 8,929 3,314 31,500 92,889 (5,577) 131,055
Net income -- -- -- 12,183 -- 12,183
Cash dividends on common stock:
Amount -- -- -- (3,406) -- (3,406)
Per share:
Common -- $.30
Class A Common -- $.28
Conversion of Class A Common Stock 100 (100) -- -- -- --
Stock option transactions, net 126 3 994 -- -- 1,123
- ----------------------------------------------------------------------------------------------------------
Balance at December 31, 1995 9,155 3,217 32,494 101,666 (5,577) 140,955
Net income -- -- -- 12,247 -- 12,247
Cash dividends on common stock:
Amount -- -- -- (3,508) -- (3,508)
Per share:
Common -- $.3050
Class A Common -- $.2850
Conversion of Class A Common Stock 49 (49) -- -- -- --
Stock option transactions, net 102 24 1,062 -- -- 1,188
Treasury stock issued -- -- -- -- 34 34
- ----------------------------------------------------------------------------------------------------------
Balance at December 31, 1996 $9,306 $3,192 $33,556 $110,405 $(5,543) $150,916
==========================================================================================================
</TABLE>
See accompanying notes to consolidated financial statements.
F-7
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Pursuant to the requirements 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.
HAVERTY FURNITURE COMPANIES, INC.
By: /s/ Dennis L. Fink
---------------------------------
Dennis L. Fink
Executive Vice President and
Chief Financial Officer
(principal financial officer)
Date: March 20, 1997
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Plan has caused this annual report to be signed on the 20th day of March
1997, by the undersigned thereunto duly authorized.
HAVERTY FURNITURE COMPANIES, INC.
THRIFT PLAN
By /s/ Dennis L. Fink
----------------------------------
Dennis L. Fink
Executive Vice President and
Chief Financial Officer
(principal financial officer)
By /s/ Hugh G. Wells
----------------------------------
Hugh G. Wells
Vice President and Treasurer
By /s/ Dan C. Bryant
---------------------------------
Dan C. Bryant
Controller
(Principal accounting officer)
