Form 12b-25
Commission File Number 0-8777
NOTIFICATION OF LATE FILING
(Check One): ( ) Form 10-K ( ) Form 11-K ( ) Form 20-F (X) Form 10-Q ( ) Form
N-SAR
For Period Ended: October 2, 1994
( ) Transition Report on Form 10-K ( ) Transition Report on Form 10-Q
( ) Transition Report on Form 20-F ( ) Transition Report on Form N-SAR
( ) Transition Report on From 11-K
For the Transition Period Ended: N/A
Nothing in this form shall be construed to imply that the commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: N/A
Part I. Registrant Information
Full name of Registrant: Color Tile, Inc.
Former name if applicable: N/A
Address of principal executive officer (street and number): 515 Houston
Street
City, State and Zip Code: Fort Worth, Texas 76102
Part II. Rule 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check appropriate box.)
(X) (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(X) (b) The subject annual report, semi-annual report, transition report on
Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion
thereof will be filed on or before the fifth calendar day following the
prescribed due date; and
( ) (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
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Part III. Narrative
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q,
N-SAR or the transition report portion thereof could not be filed with the
prescribed time period. (Attach extra sheets if needed.):
In connection with the preparation of the Company's quarterly
report on Form 10-Q for the quarter ended October 2, 1994,
management began a review of certain aspects of its operations.
Despite diligent efforts, management has not been able to complete
its review sufficiently in advance of the due date of its third
quarter Form 10-Q to determine whether any adjustments should be
made to its financial statements to reflect the results of this
review. Management expects to complete its review shortly.
Management currently believes, based on its review thus far, that
it is possible that the Company may take a charge against earnings
for the quarter ended October 2, 1994 to reflect the results of
this review.
Part IV. Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Alan J. Bethscheider 817 870-9632
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed: If the answer is
no, identify report(s).
(X) Yes ( ) No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by
the earnings statements to be included in the subject report or portion
thereof?
(X) Yes ( ) No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made:
As noted above, in connection with the preparation of the Company's
quarterly report on Form 10-Q for the quarter ended October 2,
1994, management began a review of certain aspects of its
operations. Despite diligent efforts, management has not been able
to complete its review sufficiently in advance of the due date of
its third quarter Form 10-Q to determine whether any adjustments
should be made to its financial statements to reflect the results
of this review. Management expects to complete its review shortly.
Management currently believes, based on its review thus far, that
it is possible that the Company may take a charge against earnings
for the quarter ended October 2, 1994 to reflect the results of
this review. However, pending completion of the review, it is not
possible at this time to accurately estimate the magnitude of the
prospective charge against earnings.
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COLOR TILE, INC.
(Name of registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized:
Date: November 16, 1994 By: /s/DANIEL J. GILMARTIN
Daniel J. Gilmartin
Senior Vice President, Treasurer and
Chief Financial Officer
