UNITED STATES
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): May 29, 1998
ELANTEC SEMICONDUCTOR, INC.
(Exact Name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-26690 77-0408929
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Commission File No. (I.R.S. Employer Identification No.)
675 Trade Zone Boulevard, Milpitas, California 95035
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(Address, including zip code, of principal executive offices)
(408) 945-1323
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(Registrant's telephone number, including area code)
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Item 4. Changes in Registrant's Certifying Accountant.
On May 29, 1998, the Board of Directors of the Company approved the dismissal of
the Company's independent accountants, Ernst & Young LLP, and the appointment of
Deloitte & Touche LLP ("Deloitte & Touche") for the fiscal year ended 1998. The
report of Ernst & Young LLP for the fiscal years ended 1996 and 1997 contained
no adverse opinion, disclaimer of opinion or qualification or modification as to
uncertainty, audit scope or accounting principles. During the fiscal years ended
1996 and 1997, and the interim period from October 1, 1997 through May 29, 1998,
there were no disagreements between the Company and Ernst & Young LLP on any
accounting principles or practices, financial statement disclosure or auditing
scope or procedure, which, if not resolved to the satisfaction of Ernst & Young
LLP would have caused it to make reference to the subject matter of the
disagreement in connection with its report. No "reportable events" as described
in paragraph (a) (1) (v) of Item 304 of Regulation S-K have occurred within the
Company's fiscal years ending 1996 and 1997, or the period from October 1, 1997
through May 29, 1998.
The Company has provided Ernst & Young LLP with a copy of the disclosures
contained herein and has filed as an exhibit hereto the response of Ernst &
Young LLP to the disclosures set forth herein.
The Company did not consult with Deloitte & Touche during the fiscal years ended
1996 and 1997, and the interim period from October 1, 1997 through May 29, 1998,
on any matter which was the subject of any disagreement or any reportable event
or on the application of accounting principles to a specified transaction,
either completed or proposed.
Item 7. Financial Statements and Exhibits.
Exhibit 16: Letter Re: Change in Certifying Accountant.
SIGNATURES
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.
ELANTEC SEMICONDUCTOR, INC.
(Registrant)
Date: June 5, 1998 By: /s/ Ephraim Kwok
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Ephraim Kwok
Chief Financial Officer (duly authorized officer and
principal financial officer)
Exhibit 16
June 5, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 of Form 8-K dated May 29, 1998, of Elantec Semiconductor,
Inc. and are in agreement with the statements contained in the second, third and
fourth sentences of the first paragraph and the sentence in the second paragraph
on page 2 therein. We have no basis to agree or disagree with other statements
of the registrant contained therein.
/s/ Ernst & Young LLP
