-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O90RUHLVloh0W87extNdlhDJXA7SeB+PSsv1LwDJkU93oYmT4F+XhVno1CA6aeyx BYgyeGAJexVr0hiJ4KMeSA== 0001011438-02-000414.txt : 20020614 0001011438-02-000414.hdr.sgml : 20020614 20020614122835 ACCESSION NUMBER: 0001011438-02-000414 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020613 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: 99 CENTS ONLY STORE CENTRAL INDEX KEY: 0001011290 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 952411605 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11735 FILM NUMBER: 02679029 BUSINESS ADDRESS: STREET 1: 4000 EAST UNION PACIFIC AVE CITY: CITY OF COMMERCE STATE: CA ZIP: 90023 BUSINESS PHONE: 2139808145 MAIL ADDRESS: STREET 1: 4000 EAST UNION PACIFIC AVENUE CITY: CITY OF COMMERCE STATE: CA ZIP: 90023 8-K 1 form8-k.txt 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 13, 2002 99(CENT)ONLY STORES (Exact Name of Registrant as Specified in Charter) California 1-11735 95-2411605 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 4000 East Union Pacific Avenue City of Commerce, California 90023 (Address of Principal Executive Offices) (323) 980-8145 (Registrant's Telephone Number) ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT PREVIOUS INDEPENDENT AUDITORS As of June 13, 2002, upon the recommendation of the Audit Committee of 99(cent) Only Stores (the "Company"), the Board of Directors of the Company dismissed Arthur Andersen LLP ("Andersen") as the Company's independent auditors. Arthur Andersen has served as the Company's independent auditors since 1989. Andersen's reports on the consolidated financial statements of the Company and its subsidiaries for the two most recent fiscal years ended December 31, 2001 did not contain any adverse opinion or disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope or accounting principles. During the Company's two most recent fiscal years ended December 31, 2001 and the subsequent interim period through June 13, 2002, there were: (i) no disagreements between the Company and Andersen on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to Andersen's satisfaction, would have caused them to make reference to the subject matter of the disagreement in connection with their reports on the Company's consolidated financial statements for such years; and (ii) no "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K. The Company provided Andersen with a copy of the foregoing disclosures. Attached as Exhibit 16 is a copy of Andersen's letter, dated June 13, 2002, stating its agreement with such statements. NEW INDEPENDENT AUDITORS On June 13, 2002, the Company engaged Pricewaterhouse Coopers LLP ("PWC") as its independent auditors to audit its financial statements for the fiscal year ending December 31, 2002. The decision to engage PWC was recommended by the Company's Audit Committee and approved by its Board of Directors. During the Company's two most recent fiscal years ended December 31, 2001 and the subsequent interim period through June 13, 2002, the Company did not consult with PWC with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's consolidated financial statements, or any other matters or reportable events as set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 16 Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated June 13, 2002 Page 2 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. June 13, 2002 99(cent)ONLY STORES By: /S/ ANDREW FARINA -------------------------------- Andrew Farina Chief Financial Officer Page 3 EXHIBIT INDEX EXHIBITS 16 Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated June 13, 2002 Page 4 EX-16 3 exhibit16.txt EXHIBIT 16 Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated June 13, 2002 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 June 13, 2002 Ladies & Gentlemen: We have read Item 4 included in the Form 8-K dated June 13, 2002 of 99 Cents Only Stores filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, ARTHUR ANDERSEN LLP /S/ JOHN R. GOLISCH - ----------------------------- John R. Golisch -----END PRIVACY-ENHANCED MESSAGE-----