-----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, DhrUOWsPlSoP/w/78+f0Pr3onpr8HcGKP9HK34QA2jlADCEl1vTPtUKbrwQNR8Xt cHLa4XczkR5Sdvxoiuyz/w== 0000950129-02-002979.txt : 20020611 0000950129-02-002979.hdr.sgml : 20020611 20020610115324 ACCESSION NUMBER: 0000950129-02-002979 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20020606 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRATED ELECTRICAL SERVICES INC CENTRAL INDEX KEY: 0001048268 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL WORK [1731] IRS NUMBER: 760542208 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13783 FILM NUMBER: 02674597 BUSINESS ADDRESS: STREET 1: 1800 WEST LOOP SOUTH STREET 2: SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 7138601500 MAIL ADDRESS: STREET 1: 1800 WEST LOOP SOUTH STREET 2: SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77027 8-K 1 h97600e8vk.txt INTEGRATED ELECTRICAL SERVICES, INC. - 6/6/02 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: June 6, 2002 Commission File No. 001-13783 INTEGRATED ELECTRICAL SERVICES, INC. (Exact name of registrant as specified in its charter) DELAWARE 76-0542208 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 1800 West Loop South Suite 500 Houston, Texas 77027 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (713) 860-1500 ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. On June 6, 2002, Integrated Electrical Services, Inc. ("IES" or the "Company") dismissed Arthur Andersen LLP ("Andersen") as its principal accountant and engaged Ernst & Young LLP ("E&Y") as its principal accountant. The decision to change principal accountants was recommended by the Audit Committee and was approved by the Board of Directors of the Company. The change will be effective immediately. Andersen's reports on the consolidated financial statements of the Company for the past two fiscal years did not contain an adverse opinion or a disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope, or accounting principles. During the past two fiscal years and through the date of this Current Report, there have been no disagreements with Andersen on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to the satisfaction of Andersen, would have caused it to make reference to the subject matter in connection with its reports on the Company's consolidated financial statements for such years, nor have there been any reportable events as listed in Item 304 (a) (1) (v) of Regulation S-K. Andersen was provided with a copy of the statements made in the foregoing paragraph and has furnished a letter addressed to the Commission stating that it agrees with such statements. A copy of Andersen's letter dated June 6, 2002 is attached hereto as Exhibit 16.1. A copy of the press release issued by the Company regarding its change in accountants is attached hereto as Exhibit 99.1 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (A) Financial Statements Not applicable. (B) Pro Forma Financial Information Not applicable. (C) Exhibits Exhibit Number Description -------------- ----------- 16.1 Letter from Arthur Andersen dated June 6, 2002 99.1 Press Release dated June 6, 2002 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned, thereunto duly authorized. INTEGRATED ELECTRICAL SERVICES, INC. Date: June 6, 2002 By: /s/ William W. Reynolds -------------------------------- Name: William W. Reynolds Title: Executive Vice President and Chief Financial Officer 3 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION - -------------- ----------- 16.1 Letter from Arthur Andersen Dated June 6, 2002 99.1 Press Release dated June 6, 2002 4 EX-16.1 3 h97600exv16w1.txt LETTER FROM ARTHUR ANDERSEN Exhibit 16.1 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 June 6, 2002 Re: Integrated Electrical Services, Inc. Ladies and Gentlemen: We have read Item 4 included in the Form 8-K dated June 6, 2002 of Integrated Electrical Services, Inc. to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein as they relate to Arthur Andersen LLP. Very truly yours, /s/ ARTHUR ANDERSEN LLP - ----------------------- Arthur Andersen LLP Copy to: Mr. William W. Reynolds Executive Vice President and Chief Financial Officer Integrated Electrical Services, Inc. 1800 West Loop South, Suite 500 Houston, Texas 77027 EX-99.1 4 h97600exv99w1.txt PRESS RELEASE DATED 6/6/02 Exhibit 99.1 News Release Contacts: William W. Reynolds, CFO For Immediate Release Integrated Electrical Services, Inc. 713-860-1500 Ken Dennard/kdennard@easterly.com Karen Roan/karen@easterly.com Easterly Investor Relations 713-529-6600
INTEGRATED ELECTRICAL SERVICES APPOINTS ERNST & YOUNG AS AUDITOR HOUSTON -- June 6, 2002 -- Integrated Electrical Services, Inc. (NYSE: IES) today announced that its Board of Directors has appointed Ernst & Young LLP as the Company's independent auditors for fiscal year 2002. The appointment of Ernst & Young was made after an extensive review of a number of top-ranked public accounting firms. The final selection was made at the recommendation of the Audit Committee of the Company's Board of Directors. Prior to the selection of Ernst & Young, Arthur Andersen LLP had served as IES' independent auditors. The decision to change auditors was not the result of any disagreement between IES and Arthur Andersen on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedure. "I would like to thank the firm of Arthur Andersen for its service," said Roddy Allen, president and chief executive officer. "Arthur Andersen has served our company admirably and the individuals who've worked on our account have always displayed the highest level of professionalism. However, the events and uncertainty surrounding Arthur Andersen and its future have necessitated this action, which we believe is in the best interests of the company and its shareholders." Integrated Electrical Services, Inc. is a leading national provider of electrical and communications solutions to the commercial and industrial, residential and service markets. The Company offers electrical and communications system design and installation, contract maintenance and service to large and small customers, including general contractors, developers and corporations of all sizes. For additional corporate information, please visit our web site at www.ies-co.com. -----END PRIVACY-ENHANCED MESSAGE-----