-----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, L6GK/pEHUL618YUCUKzbs1BGFDSBr8rfeyh2xpFyg5l1i33CFBwkra/GtHablAad 5U4flphS3cuE2kDSIOmK1g== 0001049606-99-000014.txt : 19990628 0001049606-99-000014.hdr.sgml : 19990628 ACCESSION NUMBER: 0001049606-99-000014 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMPX INTERNATIONAL INC CENTRAL INDEX KEY: 0001049606 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 570981653 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: SEC FILE NUMBER: 001-13905 FILM NUMBER: 99652059 BUSINESS ADDRESS: STREET 1: 16825 NORTHCHASE DRIVE STREET 2: SUITE 1200 CITY: HOUSTON STATE: TX ZIP: 77060 BUSINESS PHONE: 2814233377 MAIL ADDRESS: STREET 1: 16825 NORTHCHASE DRIVE STREET 2: SUITE 1200 CITY: HOUSTON STATE: TX ZIP: 77060 10-K/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A-1 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE X ACT OF 1934 - FOR THE FISCAL YEAR ENDED DECEMBER 31, 1998 COMMISSION FILE NUMBER 1-13905 COMPX INTERNATIONAL INC. (Exact name of registrant as specified in its charter) DELAWARE 57-0981653 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 16825 NORTHCHASE DRIVE, SUITE 1200, HOUSTON, TX 77060 (Address of principal executive offices) (Zip Code) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (281) 423-3304 SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT: NAME OF EACH EXCHANGE ON TITLE OF EACH CLASS WHICH REGISTERED Class A common stock New York Stock Exchange ($.01 par value per share) SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT: None. INDICATE BY CHECK MARK IF DISCLOSURE OF DELINQUENT FILERS PURSUANT TO ITEM 405 OF REGULATION S-K IS NOT CONTAINED HEREIN, AND WILL NOT BE CONTAINED, TO THE BEST OF REGISTRANT'S KNOWLEDGE, IN DEFINITIVE PROXY OR INFORMATION STATEMENTS X INCORPORATED BY REFERENCE IN PART III OF THIS FORM 10-K OR ANY AMENDMENT TO THIS FORM 10-K. . INDICATE BY CHECK MARK WHETHER THE REGISTRANT (1) HAS FILED ALL REPORTS REQUIRED TO BE FILED BY SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 DURING THE PRECEDING 12 MONTHS AND (2) HAS BEEN SUBJECT TO SUCH FILING REQUIREMENTS FOR THE PAST 90 DAYS. YES X NO AS OF FEBRUARY 26, 1999, 6,144,880 SHARES OF CLASS A COMMON STOCK WERE OUTSTANDING. THE AGGREGATE MARKET VALUE OF THE 5.8 MILLION SHARES OF VOTING STOCK HELD BY NONAFFILIATES OF VALHI, INC. AS OF SUCH DATE APPROXIMATED $101 MILLION. DOCUMENTS INCORPORATED BY REFERENCE THE INFORMATION REQUIRED BY PART III IS INCORPORATED BY REFERENCE FROM THE REGISTRANT'S DEFINITIVE PROXY STATEMENT TO BE FILED WITH THE COMMISSION PURSUANT TO REGULATION 14A NOT LATER THAN 120 DAYS AFTER THE END OF THE FISCAL YEAR COVERED BY THIS REPORT. The undersigned Registrant hereby amends the following items, financial statements, exhibits or other portions of its Annual Report on Form 10-K for the year ended December 31, 1998 as set forth below and in the pages attached hereto: Item 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K. Exhibit No. 99.1, Annual Report of The National Cabinet Lock, Inc. Contributory Retirement Plan on Form 11-K for the year ended December 31, 1998 (filed as an amendment to the Registrant's Annual Report on Form 10-K for the year ended December 31, 1998). Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this amendment to be signed on its behalf by the undersigned, thereunto duly authorized. COMPX INTERNATIONAL INC. (Registrant) Dated: June 22, 1999 By: /s/ Todd W. Strange Todd W. Strange Vice President and Controller Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this amendment to be signed on its behalf by the undersigned, thereunto duly authorized. COMPX INTERNATIONAL INC. (Registrant) Dated: June 22, 1999 By: Todd W. Strange Vice President and Controller EX-99 2 Exhibit 99.1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 - For the fiscal year ended December 31, 1998 Commission file number 1-13905 A. Full title of the plan and the address of the plan, if different from that of the issuer named below: NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN 200 Old Mill Road Mauldin, South Carolina 29662 B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: COMPX INTERNATIONAL INC. 16825 Northchase Drive, Suite 1200 Houston, Texas 77060-2544 NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN INDEX Page Signature Page 2 Financial Statements and Supplemental Schedules with Report of Independent Accountants 3 - 11 Exhibit I - Consent of Independent Accountants SIGNATURE Pursuant to the requirements of the Securities Act of 1934, the Administrator has duly caused this Annual Report to be signed by the undersigned thereunto duly authorized. NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN By: ADMINISTRATIVE COMMITTEE OF THE NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN By: /s/ Keith A. Johnson Keith A. Johnson Committee Member June 22, 1999 SIGNATURE Pursuant to the requirements of the Securities Act of 1934, the Administrator has duly caused this Annual Report to be signed by the undersigned thereunto duly authorized. NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN By: ADMINISTRATIVE COMMITTEE OF THE NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN By: Keith A. Johnson Committee Member June 22, 1999 NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES DECEMBER 31, 1998 WITH REPORT OF INDEPENDENT ACCOUNTANTS NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN Index of Financial Statements and Supplemental Schedules
PAGE REPORT OF INDEPENDENT ACCOUNTANTS 2 FINANCIAL STATEMENTS Statements of Net Assets Available for Benefits - December 31, 1997 and 1998 3 Statement of Changes in Net Assets Available for Benefits - Year ended December 31, 1998 4 Notes to Financial Statements 5-9 SUPPLEMENTAL SCHEDULES Item 27a - Schedule of Assets Held for Investment Purposes - December 31, 1998 10 Item 27d - Schedule of Reportable Transactions (Securities Purchased and Sold) - Year ended December 31, 1998 11
Report of Independent Accountants To the Administrative Committee of National Cabinet Lock, Inc. Contributory Retirement Plan In our opinion, the accompanying statements of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of National Cabinet Lock, Inc. Contributory Retirement Plan (the "Plan") at December 31, 1997 and 1998 and the changes in net assets available for benefits for the year ended December 31, 1998 in conformity with generally accepted accounting principles. These financial statements are the responsibility of the Plan's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these statements in accordance with generally accepted auditing standards which require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for the opinion expressed above. Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedules of Schedule of Assets Held for Investment Purposes - December 31, 1998 and Schedule of Reportable Transactions (Securities Purchased and Sold) - year ended December 31, 1998 are presented for the purpose of additional analysis and are not a required part of the basic financial statements but are supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. These supplemental schedules are the responsibility of the Plan's management. The supplemental schedules have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. PricewaterhouseCoopers LLP Dallas, Texas June 22, 1999 NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS December 31, 1997 and 1998
1997 1998 Assets: Investments, at fair value: Putnam Funds: Voyager Fund $ 3,185,823 $ 3,379,426 Vista Fund 2,589,744 2,830,550 OTC and Emerging Growth Fund 80,294 107,579 Global Growth Fund 262,004 254,281 George Putnam Fund 854,247 1,074,041 High Yield Advantage Fund 30,539 24,470 Diversified Income Fund 1,134,682 903,961 Stable Value Fund 313,286 978,239 CompX International Inc. common stock - 102,797 Loans to participants 358,157 398,254 Total investments 8,808,776 10,053,598 Contributions receivable: Employer 272,082 343,182 Net assets available for benefits $ 9,080,858 $ 10,396,780
NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS Year ended December 31, 1998
Additions: Investment income: Net appreciation in fair value of investments $ 600,649 Interest and dividends 693,671 1,294,320 Contributions: Employer 343,182 Participants 537,103 880,285 Total additions 2,174,605 Deductions: Benefits to participants 857,543 Administrative expenses 1,140 Total deductions 858,683 Net increase in net assets available for benefits 1,315,922 Net assets available for benefits: Beginning of year 9,080,858 End of year $10,396,780
NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN NOTES TO FINANCIAL STATEMENTS Note 1 - Description of Plan and significant accounting policies: General. The following description of the National Cabinet Lock, Inc. Contributory Retirement Plan (the "Plan"), provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan's provisions. The Plan is a defined contribution plan which covers eligible salaried and hourly U.S. employees of CompX International, Inc. (the "Employer"). Employees are eligible to participate in the Plan as of the first entry date, as defined, concurrent with or next following the completion of one year of employment and attaining 20 years of age. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). The Employer is a 64%-owned subsidiary of Valhi, Inc. ("Valhi"). Valhi is a 92%-owned subsidiary of Contran Corporation ("Contran"). Substantially all of Contran's outstanding voting stock is held either by trusts established for the benefit of certain children and grandchildren of Harold C. Simmons, of which Mr. Simmons is sole trustee, or by Mr. Simmons directly. Mr. Simmons, Chairman of the Board of each of Contran and Valhi, may be deemed to control each of such companies and the Employer. Contributions. The Plan permits participants to defer 1% to 15% of their pre-tax annual compensation as contributions, not to exceed a deferral of $10,000 in 1998 (subject to adjustment in future years), through payroll deductions. The Employer's contribution is based upon a profit-sharing formula and the Employer's profit, as defined, during the Plan year. The Employer's contribution is allocated to participants' accounts on a percentage or matching basis relative to the participants' contributions for the year. The Employer's contribution is reduced, as provided by the Plan, by nonvested amounts forfeited by participants who withdraw from the Plan. Vesting and benefits. Salary deferrals (including earnings thereon) are immediately vested while Employer contributions (including earnings thereon) vest at the rate of 20% per year of service, as defined. Upon termination of employment, retirement, death or disability, a participant (or beneficiary, if applicable) may elect to receive either (i) a lump sum amount equal to the vested value of the participant's accounts or (ii) installments over a period of not more than 30 years. With the consent of the Plan administrators, participants can borrow amounts from their vested account balances, subject to certain limitations under the Plan. Participants' accounts. Participants can direct the Plan administrator to invest, in 1% increments, their account balance in publicly-traded registered investment companies or pooled funds administered by Putnam Investments or in CompX International Inc. common stock. Below are the investment fund options available to participants: Putnam Voyager Fund (trading symbol PVOYX) - Aggressively seeks capital appreciation. Invests primarily in common stocks. Putnam Vista Fund (PVISX) - Seeks capital appreciation. Invests primarily in common stocks. Putnam OTC and Emerging Growth Fund (POEGX) - Seeks capital appreciation. Invests primarily in common stocks of small- to medium-sized "emerging growth" companies traded in the over-the-counter ("OTC") market. Putnam Global Growth Fund (PEQUX) - Seeks capital appreciation. Invests primarily in U.S. and international common stocks. The George Putnam Fund of Boston (PGEOX) - Seeks to provide a balanced investment which will produce both capital growth and current income. Invests in a diversified group of stocks and bonds. Putnam High Yield Advantage Fund (PHYIX) - Seeks high current income. Invests primarily in high-yielding, lower-rated fixed income securities. Putnam Diversified Income Fund (PDINX)- Seeks high current income consistent with preservation of capital. Invests primarily in U.S. government, high-yield and international fixed securities. Putnam Stable Value Fund - This pooled fund seeks stable principal and relatively high current income. Invests primarily in high-quality fixed- income investments. *Company Stock Fund - Invests in CompX International Inc. common stock. **Putnam S&P 500 Index Fund - Seeks to mirror the performance and composition of Standard & Poor's 500 Composite Index. **Putnam Asset Allocation Fund - Growth Portfolio - Seeks capital appreciation. Invests in both stocks and bonds. **Putnam Asset Allocation Fund - Balanced Portfolio - Seeks total return. Invests in both stocks and bonds. **Putnam Asset Allocation Fund - Conservative Portfolio - Seeks total return with preservation of capital. Invests in both stocks and bonds. **Putnam International Growth Fund - Seeks capital appreciation. Invests in growth and value stocks outside of the United States. * First available to participants June 8, 1998. ** First available to participants February 1, 1999. The above fund descriptions provide only general information. Participants should refer to the Prospectus of each fund for a more complete description. In addition to the Putnam Funds, a "Loan Fund" is maintained to account for loans to participants, as permitted by the Plan. These loans, with interest rates ranging from 7.0% to 10.0%, mature through 2009. Plan termination. The Employer has the right under the Plan to discontinue its contributions at any time and to terminate the Plan, in compliance with the provisions of ERISA. In the event the Plan is terminated, the accounts of all participants will become fully vested. Basis of accounting. The financial statements of the Plan are prepared in accordance with generally accepted accounting principles. Valuation of investments is more fully described in Note 2. Management estimates. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results may, in some instances, differ from previously estimated amounts. Expenses of administering the Plan. The Plan provides that the Employer will reimburse the Plan for administrative expenses paid by the Plan. The Employer paid a significant portion of the 1998 administrative expenses. Tax status. The Plan has been notified by the Internal Revenue Service that it is a qualified plan under Section 401(a) and Section 401(k) of the Internal Revenue Code, and is therefore exempt from federal income taxes under provisions of Section 501(a) of the Code. Note 2 - Investments: General. The assets of the Plan are held and the related investment transactions are executed by Putnam Fiduciary Trust Company as trustee (the "Trustee") of the National Cabinet Lock, Inc. Master 401(k) Plan Trust (the "Trust"). The Trust invests in publicly-traded registered investment companies or pooled funds administered by Putnam Investments and CompX International, Inc. common stock (see Note 1). The Plan's investments are stated at fair value based on quoted market prices and net appreciation (depreciation) for the year is reflected in the Plan's statement of changes in net assets available for plan benefits. The net appreciation (depreciation) consists of realized gains or losses and unrealized appreciation or depreciation on investments. Note 3 - Statements of net assets available for benefits by investment fund:
December 31, 1997 Putnam Funds OTC Global Voyager* Vista* Growth Growth Investments, at fair value: Putnam funds $3,185,823 $2,589,744 $80,294 $262,004 Loans to participants - - - - Total investments 3,185,823 2,589,744 80,294 262,004 Contributions receivable: Employer 104,616 75,850 10,692 14,563 Net assets available for benefits $3,290,439 $2,665,594 $ 90,986 $276,567
December 31, 1997 Putnam Funds George High Yield Diversified Stable Putnam* Advantage Income* Value Investments, at fair value: Putnam funds $854,247 $30,539 $1,134,682 $313,286 Loans to participants - - - - Total investments 854,247 30,539 1,134,682 313,286 Contributions receivable: Employer 23,849 4,123 45,424 (7,035) Net assets available for benefits $878,096 $34,662 $1,180,106 $306,251
Loan Fund Total Investments, at fair value: Putnam funds $ - $8,450,619 Loans to participants 358,157 358,157 Total investments 358,157 8,808,776 Contributions receivable: Employer - 272,082 Net assets available for benefits $358,157 $9,080,858
December 31, 1998 Putnam Funds OTC Global Voyager* Vista* Growth Growth Investments, at fair value: Putnam funds $3,379,426 $2,830,550 $107,579 $254,281 CompX International Inc. common stock - - - - Loans to participants - - - - Total investments $3,379,426 $2,830,550 $107,579 $254,281 Contributions receivable: Employer 113,899 83,972 15,934 23,861 Net assets available for benefits $3,493,325 $2,914,522 $123,513 $278,142
December 31, 1998 Putnam Funds George High Yield Diversified Stable Putnam* Advantage Income* Value* Investments, at fair value: Putnam funds $1,074,041 $24,470 $903,961 $978,239 CompX International Inc. common stock - - - - Loans to participants - - - - Total investments $1,074,041 $24,470 $903,961 978,239 Contributions receivable: Employer 36,593 4,230 38,192 19,015 Net assets available for benefits $1,110,634 $28,700 $942,153 $997,254
CompX Loan Stock Fund Total Investments, at fair value: Putnam funds $ - $ - $9,552,547 CompX International Inc. common stock 102,797 - 102,797 Loans to participants - 398,254 398,254 Total investments $102,797 398,254 $10,053,598 Contributions receivable: Employer 7,486 - 343,182 Net assets available for benefits $110,283 $398,254 $10,396,780
* Represents over 5% of net assets available for benefits. Note 4 - Statements of changes in net assets available for benefits by investment fund:
December 31, 1998 Putnam Funds OTC Global Voyager Vista Growth Growth Additions: Investment income: Net appreciation (depreciation) in fair value of investments $ 6,741 $ 420,988 $ 260,562 $ 43,733 Interest and dividends 226,742 205,069 3,352 7,296 Total investments 647,730 465,631 10,093 51,029 Contributions received: Employer 113,899 83,972 15,934 23,861 Participants 178,861 133,661 29,963 39,815 292,760 217,633 45,897 63,676 Interfund transfers (402,910) (209,237) (20,297) (102,243) Total additions 537,580 474,027 35,693 12,462 Deductions: Benefits to participants 334,277 224,846 3,151 10,848 Administrative expenses 417 253 15 39 Total deductions 334,694 225,099 3,166 10,887 Net increase (decrease) in net assets available for benefits 202,886 248,928 32,527 1,575 Net assets available for benefits: Beginning of year 3,290,439 2,665,594 90,986 276,567 End of year $3,493,325 $2,914,522 $123,513 $ 278,142
December 31, 1998 Putnam Funds George High Yield Diversified Stable Putnam Advantage Income Value Additions: Investment income: Net appreciation (depreciation) in fair value of investments $ (399) $(55,139) $ (95,772) $ - Interest and dividends 97,590 20,072 73,804 27,130 Total investments 97,191 (35,067) (21,968) 27,130 Contributions received: Employer 36,593 4,230 38,192 19,015 Participants 53,885 7,843 67,515 21,996 90,478 12,073 105,707 41,011 Interfund transfers 54,552 18,220 (227,032) 732,256 Total additions 242,221 (4,774) (143,293) 800,397 Deductions: Benefits to participants 9,630 1,183 94,398 109,299 Administrative expenses 53 5 262 95 Total deductions 9,683 1,188 94,660 109,394 Net increase (decrease) in net assets available for benefits 232,538 (5,962) (237,953) 691,003 Net assets available for benefits: Beginning of year 878,096 34,662 1,180,106 306,251 End of year $1,110,634 $28,700 $ 942,153 $997,254
CompX Loan Stock Fund Total Additions: Investment income: Net appreciation (depreciation) in fair value of investments $ 19,935 $ 600,649 $ - Interest and dividends - 32,616 693,671 Total investments 19,935 32,616 1,294,320 Contributions received: Employer 7,486 - 343,182 Participants 3,564 - 537,103 11,050 - 880,285 Interfund transfers 79,299 77,392 - Total additions 110,284 110,008 2,174,605 Deductions: Benefits to participants - 69,911 857,543 Administrative expenses 1 - 1,140 Total deductions 1 69,911 858,683 Net increase (decrease) in net assets available for benefits 110,283 40,097 1,315,922 Net assets available for benefits: Beginning of year - 358,157 9,080,858 End of year $110,283 $398,254 $10,396,780
NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES December 31, 1998
Fair Shares Putnam Funds: Voyager Fund 154,171 $2,273,522 $3,379,426 Vista Fund 216,569 1,994,123 2,830,550 OTC and Emerging Growth Fund 6,236 100,322 107,579 Global Growth Fund 20,424 216,021 254,281 George Putnam Fund 59,537 978,592 1,074,041 High Yield Advantage Fund 2,991 28,779 24,470 Diversified Income Fund 78,605 945,333 903,961 Stable Value Fund 978,239 978,239 978,239 CompX International Inc. common stoc 3,898 84,846 102,797 Loans to participants mature through 2009 - 398,254 398,254 $7,998,031 $10,053,598
NATIONAL CABINET LOCK, INC. CONTRIBUTORY RETIREMENT PLAN ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS (SECURITIES PURCHASED AND SOLD) Year ended December 31, 1998
Purchase Selling Shares price price SERIES OF TRANSACTIONS - Putnam Funds: Voyager Fund: Shares purchased 28,728 $590,781 $ - Shares sold 41,793 - 818,165 Vista Fund: Shares purchased 41,115 496,514 - Shares sold 41,722 - 516,270 Diversified Income Fund: Shares purchased 18,120 222,780 - Shares sold 29,712 - 357,728 Stable Value Fund: Shares purchased 866,486 866,486 - Shares sold 201,533 - 201,533
Current value of assets on Net Cost of transaction gain asset date (loss) SERIES OF TRANSACTIONS - Putnam Funds: Voyager Fund: Shares purchased $ - $590,781 $ - Shares sold 577,916 - 240,249 Vista Fund: Shares purchased - 496,514 - Shares sold 371,791 - 144,479 Diversified Income Fund: Shares purchased - 222,780 - Shares sold 356,393 - 1,335 Stable Value Fund: Shares purchased - 866,486 - Shares sold 201,533 - 0
EXHIBIT I CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the Registration Statement of CompX International Inc. on Form S-8 (File No. 333-56163) and related Prospectus with respect to the National Cabinet Lock, Inc. Contributory Retirement Plan of our report dated June 22, 1999, on our audits of the statement of net assets available for benefits of the National Cabinet Lock, Inc. Contributory Retirement Plan as of December 31, 1997 and 1998 and the related statement of changes in net assets available for benefits for the year ended December 31, 1998, which report is included in this Annual Report on Form 11-K. PricewaterhouseCoopers LLP Dallas, Texas June 22, 1999 -----END PRIVACY-ENHANCED MESSAGE-----