<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 1
TO
FORM 10-K
(Mark One)
(X) Annual report pursuant to section 13 or 15(d) of the Securities Exchange
Act of 1934 (Fee Required)
For the fiscal year ended December 31, 1994 or
( ) Transition report pursuant to section 13 or 15(d) of the Securities
Exchange Act of 1934 (No Fee Required)
For the transition period from ________________ to ______________
Commission file number 0-13834
AMERICAN CITY BUSINESS JOURNALS, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE 43-1366184
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
128 S. Tryon Street, Suite 2300
Charlotte, North Carolina 28202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (704) 375-7404
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: None
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
Common Stock
$.01 Par Value
(Title of Class)
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 such
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. [ ]
The aggregate market value of the common stock, par value $.01 per share
(the "Common Stock"), of the Registrant held by nonaffiliates of the Registrant
as of March 17, 1995, was $125,845,000 based upon the last sale price of these
shares as quoted by The NASDAQ Stock Market.
<PAGE> 2
Indicate the number of shares outstanding of each of the Registrant's
classes of Common Stock as of March 17, 1995:
Common Shares: 6,895,623 Exclusive of 637,384 Treasury Shares
<PAGE> 3
PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND
REPORTS ON FORM 8-K
Exhibit
Number Description
------- -----------------------------------------------------------------
27 Amended Financial Data Schedule (provided for the use of the
Securities and Exchange Commission only).
<PAGE> 4
SIGNATURES
Pursuant to the requirements of Section 13 of 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.
AMERICAN CITY BUSINESS JOURNALS, INC.
(Registrant)
By /s/ Ray Shaw
---------------------------------------------
Ray Shaw, Chairman of the Board of Directors
Chief Executive Officer
By /s/ Grant L. Hamrick
---------------------------------------------
Grant L. Hamrick, Senior Vice President
Chief Financial Officer
Director
Dated: March 28, 1995
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.
SIGNATURE TITLE DATE
- ------------------------------ ------------------------------ ---------------
/s/ Ray Shaw Chief Executive March 28, 1995
- ------------------------------ Officer and Chairman of the
RAY SHAW Board of Directors
/s/ Grant L. Hamrick Chief Financial Officer and March 28, 1995
- ------------------------------ and Senior Vice President
GRANT L. HAMRICK Director
/s/ Wedge Abels Controller March 28, 1995
- ------------------------------ Principal Accounting Officer
WEDGE ABELS
/s/ James H. Hance, Jr. Director March 28, 1995
- ------------------------------
JAMES H. HANCE, JR.
/s/ John P. McMeel Director March 28, 1995
- ------------------------------
JOHN P. McMEEL
/s/ Glenn M. Stinchcomb Director March 28, 1995
- ------------------------------
GLENN M. STINCHCOMB
/s/ George A. Wiegers Director March 28, 1995
- ------------------------------
GEORGE A. WIEGERS
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS FOR AMERICAN CITY BUSINESS JOURNALS, INC. AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<CIK> 0000769339
<NAME> AMERICAN CITY BUSINESS JOURNALS, INC.
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-START> JAN-01-1994
<PERIOD-END> DEC-31-1994
<CASH> 17,815,000
<SECURITIES> 0
<RECEIVABLES> 13,667,000
<ALLOWANCES> 462,000
<INVENTORY> 0
<CURRENT-ASSETS> 32,164,000
<PP&E> 12,487,000
<DEPRECIATION> 8,015,000
<TOTAL-ASSETS> 92,130,000
<CURRENT-LIABILITIES> 23,248,000
<BONDS> 67,666,000
<COMMON> 7,763,000
0
0
<OTHER-SE> (9,224,000)
<TOTAL-LIABILITY-AND-EQUITY> 92,130,000
<SALES> 97,696,000
<TOTAL-REVENUES> 97,696,000
<CGS> 0
<TOTAL-COSTS> 46,830,000
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 593,000
<INTEREST-EXPENSE> 5,260,000
<INCOME-PRETAX> 9,131,000
<INCOME-TAX> 3,835,000
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 5,296,000
<EPS-PRIMARY> .74
<EPS-DILUTED> .71
</TABLE>
