CONSOLIDATED GRAPHICS INC /TX/
8-K, 1997-12-11
COMMERCIAL PRINTING
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                       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): DECEMBER 11, 1997

                           CONSOLIDATED GRAPHICS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

         TEXAS                         0-24068               76-0190827
(STATE OR OTHER JURISDICTION   (COMMISSION FILE NUMBER)   (I.R.S. EMPLOYER
      OF INCORPORATION)                                   IDENTIFICATION NO.)

                             2210 WEST DALLAS STREET
                              HOUSTON, TEXAS 77019
              (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)
       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 529-4200
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ITEM 5. OTHER EVENTS

     On December 11, 1997, Consolidated Graphics, Inc. (the "Company") announced
the signing of a nonbinding letter of intent to acquire Fittje Bros. Printing
Company of Colorado Springs, Colorado. A copy of the press release is attached
hereto as Exhibit 99. The attached press release may contain forward looking
information. Readers are cautioned that such information involves risks and
uncertainties, including the possibility that events may occur which preclude
completion of pending or future acquisitions by the Company.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

     (A) EXHIBITS

     The following exhibit is filed herewith:

      99  Press release of Consolidated Graphics, Inc. dated December 11, 1997,
          related to the announcement of the signing of a nonbinding letter of
          intent to acquire Fittje Bros. Printing Company of Colorado Springs,
          Colorado.

                                       1
<PAGE>
                                   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.

                                               CONSOLIDATED GRAPHICS, INC.
                                                       (Registrant)

                                      By:  /s/    Harold E. Gaubert, Jr.
                                                  Harold E. Gaubert, Jr.
                                                 Executive Vice President -
                                                Finance and Administration

Date:  December 11, 1997

                                       2


                                                                      EXHIBIT 99

                                            FOR:   Consolidated Graphics, Inc.

                                    APPROVED BY:   Ronald E. Hale, Jr.
                                                   Vice President & Treasurer
                                                   (713) 529-4200

                                        CONTACT:   Betsy Brod/Nancy Healy
                                                   Media: Stan Froelich
                                                   Morgen-Walke Associates, Inc.
                                                   (212) 850-5600

FOR IMMEDIATE RELEASE

                   CONSOLIDATED GRAPHICS TO ACQUIRE FITTJE BROS.
                  PRINTING COMPANY IN COLORADO SPRINGS, COLORADO

     HOUSTON, TEXAS - December 11, 1997 -- Consolidated Graphics, Inc.
(NYSE:CGX) today announced the signing of a letter of intent to acquire Fittje
Bros. Printing Company of Colorado Springs, Colorado. Fittje Bros., a
high-quality color printer, is celebrating 25 years of service to Colorado
Springs and the surrounding region.

     Peter Kugler, President of Fittje Bros. will continue to lead the company
after the transaction is completed. Commenting on the announcement, Kugler said,
"Joining Consolidated Graphics will further solidify Fittje Bros.' leadership
position in our market. We have a long tradition of success providing superior
service and the highest quality color products - a tradition that will be
enhanced with the resources made available to us as part of Consolidated
Graphics. It is a tremendous plus for both our customers and our employees."

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, stated, "Fittje Bros. will be a fine addition to the growing number of
strong companies that comprise Consolidated Graphics. Pete Kugler and his
dedicated employees share our commitment to providing outstanding customer
service and quality. In addition, we are looking forward to expanding our
already strong position in the Colorado market."

     Consolidated Graphics, Inc. is the fastest growing printing company in the
United States. A consolidator in a highly fragmented industry, the Company adds
value to its acquisitions through managerial and operational expertise,
financial strength and economies of scale. Upon completion of pending
acquisitions, Consolidated Graphics will have 28 companies with annualized
revenues in excess of $265 million.

     This press release contains forward-looking statements which involve known
and unknown risks, uncertainties or other factors that could cause actual
results to materially differ from the results, performance or other expectations
implied by these forward looking statements. Consolidated Graphics'expectations
regarding run-rate revenues assume, among other things, completion of pending
acquisitions that are subject to the execution of definitive agreements, general
economic conditions, continued demand for its product, the availability of raw
materials at affordable prices, retention of its key management and operating
personnel, as well as other factors detailed in Consolidated Graphics' filings
with the Securities and Exchange Commission.

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