SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K/A
Current Report Pursuant
To Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) August 12, 1999
(August 11, 1999)
Protection One, Inc. Protection One Alarm Monitoring, Inc.
(Exact Name of Registrant (Exact Name of Registrant
as Specified in Charter) as Specified in Charter)
Delaware Delaware
(State or Other Jurisdiction (State or Other Jurisdiction
of Incorporation) of Incorporation)
0-247802 33-73002-1
(Commission File Number) (Commission File Number)
93-1063818 93-1065479
(I.R.S. Employer (I.R.S. Employer
Identification No.) Identification No.)
600 Corporate Pointe, 12th Floor 600 Corporate Pointe, 12th Floor
Culver City, California 90230 Culver City, California 90230
(Address of Principal Executive (Address of Principal Executive
Offices, Including Zip Code) Offices, Including Zip Code)
(310) 342-6300 (310) 342-6300
(Registrant's Telephone Number, (Registrant's Telephone Number,
Including Area Code) Including Area Code)
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Item 5. Other Events
On August 12, 1999, Protection One, Inc. and Protection One Alarm
Monitoring, Inc. filed a Form 8-K announcing a summary of Protection One Inc.'s
results of operations for the quarter and six months ended June 30, 1999. In
the Summary Income Statement, the Cost of revenues for monitoring and related
services for three months ended June 30, 1998 was inadvertently reported as
$22,682 (dollars in thousands). The amount should have been $24,682 (dollars in
thousands). See the complete Summary Income Statement below.
Protection One and Subsidiaries
Summary Income Statement
(Dollars in thousands, except per share and subscriber amounts)
Three Months Ended June 30,
1999 1998
Monitoring and related services $127,818 $87,449
Installation and other 22,983 9,592
Total revenues 150,801 97,041
Cost of revenues:
Monitoring and related services 30,169 24,682
Installation and other 11,713 6,798
Total cost of revenues 41,882 31,480
Gross profit 108,919 65,561
Selling, general and administrative
expense 43,901 26,020
Acquisition and transition expense 6,767 6,032
Amortization of intangibles and
depreciation expense 44,947 27,833
Operating income 13,304 5,676
Other income / expense:
Interest expense, net 21,844 6,868
Interest expense to Parent, net - 6,899
Other (671) (10,185)
Income (loss) before income taxes (7,869) 2,094
Income tax (expense) benefit 428 (2,292)
Net income (loss) before
extraordinary gain $(7,441) $ (198)
Extraordinary gain, net of taxes (-) 1,591
Net income (loss) $(7,441) $ 1,393
Net income (loss) per common share $ (0.06) $ 0.01
Net loss before non-recurring charges $(7,441) $ (198)
Net loss before non-recurring charges
per share $ (0.06) $ (0.00)
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, each
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Protection One, Inc.
Date: August 13, 1999 By: /s/ Anthony D. Somma
Anthony D. Somma
Chief Financial Officer
Protection One Alarm Monitoring, Inc.
Date: August 13, 1999 By: /s/ Anthony D. Somma
Anthony D. Somma
Chief Financial Officer
