CONSOLIDATED GRAPHICS INC /TX/
8-K, 1999-06-14
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): JUNE 2, 1999

                           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.)

                           5858 WESTHEIMER, SUITE 200
                              HOUSTON, TEXAS 77057
              (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)

       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 787-0977
===============================================================================

<PAGE>


ITEM 5. OTHER EVENTS

     On June 2, 1999, Consolidated Graphics, Inc. (the "Company") announced the
signing of a letter of intent to acquire Apple Graphics of Los Angeles,
California. 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 the Company dated June 2, 1999, related to the
          announcement of the signing of a letter of intent to acquire Apple
          Graphics of Los Angeles, California.

                                       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/ G. CHRISTOPHER COLVILLE
                                              G. Christopher Colville
                                                 Executive Vice President-
                                                  Mergers & Acquisitions
                                          Chief Financial and Accounting Officer


Date: June 14, 1999

                                       2


                                                                     EXHIBIT 99

                                       FOR: Consolidated Graphics, Inc.

                               APPROVED BY: Ronald E. Hale, Jr.
                                            Vice President & Treasurer
                                            (713) 787-0977

                                   CONTACT: Betsy Brod/Jonathan Schaffer
                                            Media: Merridith Ingram/Heather Fox
                                            Morgen-Walke Associates, Inc.
                                            (212) 850-5600
FOR IMMEDIATE RELEASE

                CONSOLIDATED GRAPHICS TO ACQUIRE APPLE GRAPHICS
                           OF LOS ANGELES, CALIFORNIA

     Houston, Texas - June 2, 1999 - Consolidated Graphics, Inc. (NYSE:CGX)
announced today that it signed a letter of intent to acquire Apple Graphics, a
high quality commercial printer that has operated in Los Angeles for 27 years.
The company provides its customers a complete range of printing services from
digital pre-press to six-color printing, as well as a full service bindery.
Kevin Polley, President, and Nancy Bremer, General Manager, will continue to
lead the company upon completion of the transaction. Other terms were not
disclosed.

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "Apple Graphics has developed a solid reputation in Los
Angeles, the nation's third largest print market. With a dedication to quality
and service, the management team of Kevin Polley and Nancy Bremer has
established a successful track record of continuous growth and innovation."

     Kevin Polley added, "By joining Consolidated Graphics, we gain access to
important financial and managerial resources that will help us continue our
strong growth. Through investment in new technology and incorporation of a `best
practices' approach, we can continue to build on our past successes and work to
achieve our full potential."

     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 56 companies with annualized
revenues in excess of $610 million. For more information, visit the Company's
website at www.consolidatedgraphics.com.

     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, general economic conditions, continued demand for its product, the
availability of raw materials, 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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