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Previous: ALLEGIANT BANCORP INC, 8-K/A, 1998-06-19 |
Next: VAN KAMPEN AMERICAN CAPITAL PRIME RATE INCOME TRUST, SC 13E4, 1998-06-19 |
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 18, 1998
DAY RUNNER, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-19835 95-3624280
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
15295 Alton Parkway
Irvine, CA 92618
(Address of principal executive offices)
Registrant's telephone number, including area code: 714/680-3500
<PAGE>
Item 5. Other Events.
Effective December 31, 1997, Day Runner, Inc. (the "Company") adopted
Statement of Financial Accounting Standards (SFAS) No. 128, "Earnings Per
Share", which replaced the calculation of primary earnings per share and fully
diluted earnings per share with basic earnings per share and diluted earnings
per share. In accordance with Item 601(c) (2) of Regulation S-K, the Company is
filing this Current Report on Form 8-K to reflect, with the exception of the
schedule for the quarterly period ended December 31, 1997, compliance with FAS
128 and to reflect the two-for-one stock split of the Company's outstanding
common shares in March 1998. The schedule for the priod ended December 31, 1997
reflected the compliance with FAS 128 when it was originally filed.
27. (i) Restated Financial Data Schedule for the
quarterly period ended March 31, 1996, submitted as
restated Exhibit 27 to the Quarterly Report on Form
10-Q for the quarterly period ended March 31, 1996.
27. (ii) Restated Financial Data Schedule for fiscal
year ended June 30, 1996, submitted as restated
Exhibit 27 to the Annual Report on Form 10-K for the
fiscal year ended June 30, 1996.
27. (iii) Restated Financial Data Schedule for the
quarterly period ended September 30, 1996, submitted
as restated Exhibit 27 to the Quarterly Report on
Form 10-Q for the quarterly period ended September
30, 1996.
27. (iv) Restated Financial Data Schedule for the
quarterly period ended December 31, 1996, submitted
as restated Exhibit 27 to the Quarterly Report on
Form 10-Q for the quarterly period ended December 31,
1996.
27. (v) Restated Financial Data Schedule for the
quarterly period ended March 31, 1997, submitted as
restated Exhibit 27 to the Quarterly Report on Form
10-Q for the quarterly period ended March 31, 1997.
27. (vi) Restated Financial Data Schedule for the fiscal
year ended June 30, 1997, submitted as restated
Exhibit 27 to the Annual Report on From 10-K for the
fiscal year ended June 30, 1997.
27. (vii) Restated Financial Data Schedule for the
quarterly period ended September 30, 1997, submitted
as restated Exhibit 27 to the Quarterly Report on
Form 10-Q for the quarterly period ended September
30, 1997.
27. (viii) Restated Financial Data Schedule for the quarterly
period ended December 31, 1997, submitted as restated
Exhibit 27 to the Quarterly Report on Form 10-Q for
the quarterly period ended December 31, 1997.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DAY RUNNER, INC.
June 18, 1998 By: /s/ Mark A. Vidovich
-------------------------------
Mark A. Vidovich
Chairman of the Board and
Chief Executive Officer
EXHIBIT INDEX
<TABLE>
<CAPTION>
<S> <C> <C>
EXHIBIT TITLE PAGE
27. (i) Restated Financial Data Schedule for the
quarterly period ended March 31, 1996, submitted as
restated Exhibit 27 to the Quarterly Report on Form
10-Q for the quarterly period ended March 31, 1996.
27. (ii) Restated Financial Data Schedule for fiscal
year ended June 30, 1996, submitted as restated
Exhibit 27 to the Annual Report on Form 10-K for the
fiscal year ended June 30, 1996.
27. (iii) Restated Financial Data Schedule for the
quarterly period ended September 30, 1996, submitted
as restated Exhibit 27 to the Quarterly Report on
Form 10-Q for the quarterly period ended September
30, 1996.
27. (iv) Restated Financial Data Schedule for the
quarterly period ended December 31, 1996, submitted
as restated Exhibit 27 to the Quarterly Report on
Form 10-Q for the quarterly period ended December 31,
1996.
27. (v) Restated Financial Data Schedule for the
quarterly period ended March 31, 1997, submitted as
restated Exhibit 27 to the Quarterly Report on Form
10-Q for the quarterly period ended March 31, 1997.
27. (vi) Restated Financial Data Schedule for the fiscal
year ended June 30, 1997, submitted as restated
Exhibit 27 to the Annual Report on From 10-K for the
fiscal year ended June 30, 1997.
27. (vii) Restated Financial Data Schedule for the
quarterly period ended September 30, 1997, submitted
as restated Exhibit 27 to the Quarterly Report on
Form 10-Q for the quarterly period ended September
30, 1997.
27. (viii) Restated Financial Data Schedule for the quarterly
period ended December 31, 1997, submitted as restated
Exhibit 27 to the Quarterly Report on Form 10-Q for
the quarterly period ended December 31, 1997.
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect compliance with
FAS 128 and to reflect a two-for-one stock split in March 1998. This schedule
contains summary financial information extracted from the Form 10-Q for the
period ended March 31, 1996 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-mos
<FISCAL-YEAR-END> Jun-30-1996
<PERIOD-END> Mar-31-1996
<CASH> 26,299
<SECURITIES> 0
<RECEIVABLES> 11,781
<ALLOWANCES> 6,282
<INVENTORY> 19,128
<CURRENT-ASSETS> 58,862
<PP&E> 11,790
<DEPRECIATION> 5,543
<TOTAL-ASSETS> 65,751
<CURRENT-LIABILITIES> 10,920
<BONDS> 0
0
0
<COMMON> 12
<OTHER-SE> 54,815
<TOTAL-LIABILITY-AND-EQUITY> 65,751
<SALES> 90,970
<TOTAL-REVENUES> 90,970
<CGS> 44,332
<TOTAL-COSTS> 44,332
<OTHER-EXPENSES> 31,937
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (410)
<INCOME-PRETAX> 15,111
<INCOME-TAX> 6,271
<INCOME-CONTINUING> 8,840
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 8,840
<EPS-PRIMARY> 0.71
<EPS-DILUTED> 0.67
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect compliance with
FAS 128 and to reflect a two-for-on stock split in March 1998. This schedule
contains summary financial information extracted from the Form 10-K for the
period ended June 30, 1996 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Jun-30-1996
<PERIOD-END> Jun-30-1996
<CASH> 19,765
<SECURITIES> 0
<RECEIVABLES> 28,815
<ALLOWANCES> 7,374
<INVENTORY> 20,040
<CURRENT-ASSETS> 70,086
<PP&E> 13,365
<DEPRECIATION> 5,864
<TOTAL-ASSETS> 77,931
<CURRENT-LIABILITIES> 18,433
<BONDS> 0
0
0
<COMMON> 12
<OTHER-SE> 59,486
<TOTAL-LIABILITY-AND-EQUITY> 77,931
<SALES> 125,126
<TOTAL-REVENUES> 125,126
<CGS> 59,920
<TOTAL-COSTS> 59,920
<OTHER-EXPENSES> 46,254
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (706)
<INCOME-PRETAX> 19,658
<INCOME-TAX> 7,840
<INCOME-CONTINUING> 11,818
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 11,818
<EPS-PRIMARY> 0.95
<EPS-DILUTED> 0.90
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect compliance with
FAS 128 and to reflect a two-for-one stock split in March 1998. This schedule
contains summary financial information extracted from the Form 10-Q for the
period ended September 30, 1996 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> Jun-30-1997
<PERIOD-END> Sep-30-1996
<CASH> 27,462
<SECURITIES> 0
<RECEIVABLES> 30,149
<ALLOWANCES> 7,632
<INVENTORY> 17,797
<CURRENT-ASSETS> 74,495
<PP&E> 14,587
<DEPRECIATION> 6,550
<TOTAL-ASSETS> 82,872
<CURRENT-LIABILITIES> 19,301
<BONDS> 0
0
0
<COMMON> 12
<OTHER-SE> 63,559
<TOTAL-LIABILITY-AND-EQUITY> 82,872
<SALES> 33,549
<TOTAL-REVENUES> 33,549
<CGS> 16,092
<TOTAL-COSTS> 16,092
<OTHER-EXPENSES> 11,254
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (210)
<INCOME-PRETAX> 6,413
<INCOME-TAX> 2,565
<INCOME-CONTINUING> 3,848
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 3,848
<EPS-PRIMARY> 0.30
<EPS-DILUTED> 0.29
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect compliance with
FAS 128 and to reflect a two-for-one stock split in March 1998. This schedule
contains summary financial information extracted from the Form 10-Q for the
period ended December 31, 1996 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Jun-30-1997
<PERIOD-END> Dec-31-1996
<CASH> 31,711
<SECURITIES> 0
<RECEIVABLES> 28,432
<ALLOWANCES> 8,247
<INVENTORY> 18,265
<CURRENT-ASSETS> 77,251
<PP&E> 15,439
<DEPRECIATION> 7,334
<TOTAL-ASSETS> 85,698
<CURRENT-LIABILITIES> 17,256
<BONDS> 0
0
0
<COMMON> 12
<OTHER-SE> 68,358
<TOTAL-LIABILITY-AND-EQUITY> 85,698
<SALES> 68,563
<TOTAL-REVENUES> 68,563
<CGS> 32,748
<TOTAL-COSTS> 32,748
<OTHER-EXPENSES> 22,408
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (513)
<INCOME-PRETAX> 13,920
<INCOME-TAX> 5,568
<INCOME-CONTINUING> 8,352
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 8,352
<EPS-PRIMARY> 0.66
<EPS-DILUTED> 0.62
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect compliance with
FAS 128 and to reflect a two-for-one stock split in March 1998. This schedule
contains summary financial information extracted from the Form 10-Q for the
period ended March 31, 1997 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-mos
<FISCAL-YEAR-END> Jun-30-1997
<PERIOD-END> Mar-31-1997
<CASH> 27,838
<SECURITIES> 0
<RECEIVABLES> 14,734
<ALLOWANCES> 7,123
<INVENTORY> 23,189
<CURRENT-ASSETS> 68,417
<PP&E> 16,561
<DEPRECIATION> 8,080
<TOTAL-ASSETS> 77,236
<CURRENT-LIABILITIES> 14,629
<BONDS> 0
0
0
<COMMON> 12
<OTHER-SE> 62,531
<TOTAL-LIABILITY-AND-EQUITY> 77,236
<SALES> 89,583
<TOTAL-REVENUES> 89,583
<CGS> 42,462
<TOTAL-COSTS> 42,462
<OTHER-EXPENSES> 33,962
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (858)
<INCOME-PRETAX> 14,017
<INCOME-TAX> 5,607
<INCOME-CONTINUING> 8,410
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 8,410
<EPS-PRIMARY> 0.67
<EPS-DILUTED> 0.63
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect compliance with
FAS 128 and to reflect a two-for-one stock split in March 1998. This schedule
contains summary financial information extracted from the Form 10-K for the
period ended June 30, 1997 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Jun-30-1997
<PERIOD-END> Jun-30-1997
<CASH> 15,550
<SECURITIES> 0
<RECEIVABLES> 30,967
<ALLOWANCES> 8,664
<INVENTORY> 23,406
<CURRENT-ASSETS> 70,054
<PP&E> 18,231
<DEPRECIATION> 9,543
<TOTAL-ASSETS> 78,880
<CURRENT-LIABILITIES> 19,344
<BONDS> 0
0
0
<COMMON> 12
<OTHER-SE> 59,472
<TOTAL-LIABILITY-AND-EQUITY> 78,880
<SALES> 127,376
<TOTAL-REVENUES> 127,376
<CGS> 60,452
<TOTAL-COSTS> 60,452
<OTHER-EXPENSES> 47,575
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (1,301)
<INCOME-PRETAX> 20,650
<INCOME-TAX> 8,102
<INCOME-CONTINUING> 12,548
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 12,548
<EPS-PRIMARY> 1.01
<EPS-DILUTED> 0.95
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect compliance with
FAS 128 and to reflect a two-for-one stock split in March 1998. This schedule
contains summary financial information extracted from the Form 10-Q for the
period ended September 30, 1997 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> Jun-30-1998
<PERIOD-END> Sep-30-1997
<CASH> 8,080
<SECURITIES> 0
<RECEIVABLES> 35,558
<ALLOWANCES> 10,912
<INVENTORY> 28,845
<CURRENT-ASSETS> 70,335
<PP&E> 19,286
<DEPRECIATION> 10,628
<TOTAL-ASSETS> 79,555
<CURRENT-LIABILITIES> 26,128
<BONDS> 0
0
0
<COMMON> 12
<OTHER-SE> 53,385
<TOTAL-LIABILITY-AND-EQUITY> 79,555
<SALES> 38,138
<TOTAL-REVENUES> 38,138
<CGS> 18,032
<TOTAL-COSTS> 18,032
<OTHER-EXPENSES> 13,066
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (95)
<INCOME-PRETAX> 7,135
<INCOME-TAX> 2,783
<INCOME-CONTINUING> 4,352
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 4,352
<EPS-PRIMARY> 0.38
<EPS-DILUTED> 0.35
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This financial data schedule is being restated to reflect a two-for-one
stock split in March 1998. This schedule contains summary financial information
extracted from the Form 10-Q for the period ended December 31, 1997 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000853102
<NAME> Day Runner, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Jun-30-1998
<PERIOD-END> Dec-31-1997
<CASH> 9,411
<SECURITIES> 0
<RECEIVABLES> 36,099
<ALLOWANCES> 11,585
<INVENTORY> 30,597
<CURRENT-ASSETS> 73,045
<PP&E> 21,971
<DEPRECIATION> 11,838
<TOTAL-ASSETS> 85,275
<CURRENT-LIABILITIES> 25,526
<BONDS> 0
0
0
<COMMON> 13
<OTHER-SE> 59,660
<TOTAL-LIABILITY-AND-EQUITY> 85,275
<SALES> 87,526
<TOTAL-REVENUES> 87,526
<CGS> 41,658
<TOTAL-COSTS> 41,658
<OTHER-EXPENSES> 29,743
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (65)
<INCOME-PRETAX> 16,190
<INCOME-TAX> 6,314
<INCOME-CONTINUING> 9,876
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 9,876
<EPS-PRIMARY> 0.87
<EPS-DILUTED> 0.80
</TABLE>
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