SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
Commission File Number 001-11368
(Check one)
[ ] Form 10-K [X] Form 11-K [ ] Form 20-F [ ] Form 10-Q [ ] Form N-SAR
For period ended: December 31, 1999
[ ] 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 Form 11-K
For the transition period ended:
Nothing in this form shall be construed to imply that he 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:
PART I
REGISTRANT INFORMATION
Full name of registrant: PARAGON TRADE BRANDS, INC.
Former name if applicable:
Address of principal executive office: 180 Technology Parkway
City, State and zip code: Norcross, GA 30092
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
12(b)-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, 10-KSB, 11-K, 20-F,
10-Q, 10-QSB, N-SAR or the transition report portion thereof could not be filed
within the prescribed time period.
The Company retained Ernst & Young LLP ("Ernst & Young") as its independent
accountant in mid-April of 2000. Ernst & Young has completed its audit of the
1999 audited financial statements for the Paragon Retirement Investment Savings
Management Plan (the "Plan") to which the subject Form 11-K relates, and has
consented to inclusion of its report in the financial statements for the Plan.
The included financial statements also present the audited financial statements
of the Plan for the 1998 plan year which audit was conducted by the Company's
predecessor independent accountant, Arthur Andersen LLP ("Arthur Andersen"). As
such, the Company must also obtain Arthur Andersen's consent to incorporation of
its 1998 report into the 1999 financial statements for the Plan. Arthur Andersen
will not have an opportunity to review such financial statements and provide its
consent in time for the Company to file the Form 11-K by June 28, 2000.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Alan J. Cyron (678) 969-5200
(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?
[ ] Yes [X] 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.
PARAGON TRADE BRANDS, INC.
(Name of registrant as specified in its charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: JUNE 28, 2000 By: /S/ KATHY L. EVENSON
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Name: Kathy L. Evenson
Title: Director, Human Resources
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