-----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, JMFvF6esPoXFHCxHwaSEbzcXVhfFitkbcN+HDMU+kaVOuxyzYd839lwcXeq6rnI0 zoTiecAI5UTHj/p9VG32Mw== 0000014995-00-000021.txt : 20010101 0000014995-00-000021.hdr.sgml : 20010101 ACCESSION NUMBER: 0000014995-00-000021 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000930 FILED AS OF DATE: 20001229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIXON TICONDEROGA CO CENTRAL INDEX KEY: 0000014995 STANDARD INDUSTRIAL CLASSIFICATION: PENS, PENCILS & OTHER ARTISTS' MATERIALS [3950] IRS NUMBER: 230973760 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: SEC FILE NUMBER: 001-08689 FILM NUMBER: 798059 BUSINESS ADDRESS: STREET 1: 195 INTERNATIONAL PKWY STREET 2: STE 200 CITY: HEATHROW STATE: FL ZIP: 32746-5036 BUSINESS PHONE: 4078759000 MAIL ADDRESS: STREET 1: PO BOX 958413 STREET 2: STE 200 CITY: HEATHROW STATE: FL ZIP: 32795-8413 FORMER COMPANY: FORMER CONFORMED NAME: BRYN MAWR CORP/DE/ DATE OF NAME CHANGE: 19831002 FORMER COMPANY: FORMER CONFORMED NAME: BRYN MAWR GROUP INC DATE OF NAME CHANGE: 19730619 FORMER COMPANY: FORMER CONFORMED NAME: BRYN MAWR CAMP RESORTS INC DATE OF NAME CHANGE: 19700608 NT 10-K 1 0001.txt NOTIFICATION OF LATE FILING U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 12b-25 Commission File Number: 1-8689 Cusip Number: 378904403 NOTIFICATION OF LATE FILING Form 10-K [X] Form 20-F [ ] Form 11-K [ ] Form 10-QSB [ ] Form N-SAR For Period Ended: September 30, 2000 ------------------ [X] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR For the Transition Period Ended: ________________________ - ----------------------------------------------------------------------------- | | |Read Instruction (on back page) Before Preparing Form, Please Print or Type| | | | Nothing In this form shall be construed to imply that the Commission has | | verified any information contained herein. | - ----------------------------------------------------------------------------- If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: - ------------------------------------------------------------------------------ PART I - REGISTRANT INFORMATION - ------------------------------------------------------------------------------ Full Name of Registrant: DIXON TICONDEROGA COMPANY - ------------------------------------------------------------------------------ Former Name if Applicable: N/A - ------------------------------------------------------------------------------ Address of Principal Executive Office (Street and Number): 195 International Parkway - ------------------------------------------------------------------------------ City, State, Zip Code: Heathrow, FL 32746 - ------------------------------------------------------------------------------ PART II - RULES 12b-25 (b) AND (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) |(a) The reasons described in reasonable detail in Part III of this form | could not be eliminated without unreasonable effort or expense; |(b) The subject annual report, semi-annual report, transition report on | Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be XX | filed on or before the fifteenth calendar day following the prescribed - -- | due date; or the subject quarterly report of transition report on Form | 10-Q, or portion thereof will be filed on or before the fifth calendar | day following the prescribed due date; and |(c) The accountant's statement or other exhibit required by Rule 12b-25(c) | has been attached if applicable. PART III - NARRATIVE State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR or the transition report or portion thereof could not be filed within the prescribed time period. Dixon Ticonderoga Company is unable to timely file its Annual Report on Form 10-K for the fiscal year ended September 30, 2000, but will file by the first business day following the fifteenth calendar day after its original due date of December 29, 2000, as prescribed herein. The delay is caused by the need of additional time for the Company and its senior lenders to execute an amendment of the debt leverage covenant of its underlying debt agreements, with respect to which the Company expects to be in non-compliance for the period ending December 31, 2000. Accordingly, the Company is unable at this time to determine the appropriate financial statement classification and disclosures required with respect to its long-term debt. PART IV - OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification: Gino N. Pala (407) 829-9000 - ---------------------------- ----------------- --------------- (Name) (Area Code) (Telephone No.) (2) Have all other periodic reports required under section 13 or 15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). [x]Yes [ ]No - ------------------------------------------------------------------------------ (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [x]Yes [ ]No If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. Please see Exhibit A attached hereto and forming a part hereof. - ------------------------------------------------------------------------------ Dixon Ticonderoga Company ------------------------------------------ (Name of Registrant as Specified in Charter) has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: December 29, 2000 By: /s/ Gino N. Pala ----------------------------- ------------------------------------- Gino N. Pala Chairman and Co-Chief Executive Officer INSTRUCTION; The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form. ATTENTION Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). GENERAL INSTRUCTIONS 1. This form is required by Rule 12b-25 (17 CRF 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934. 2. One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission files. 3. A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered. 4. Amendments to the notifications must also be filed on form 12b-25 but need not restate information that has been correctly furnished. The form shall be clearly identified as an amended notification. 5. ELECTRONIC FILERS. This form shall not be used by electronic filers unable to timely file a report solely due to electronic difficulties. Filers unable to submit a report within the time period prescribed due to difficulties in electronic filing should comply with either Rule 201 or Rule 202 of Regulation S-T (Section 232.201 or Section 232.202 of this chapter) or apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T (Section 232.13(b) of this chapter). EXHIBIT A PART IV OTHER INFORMATION (3) For the fiscal year ended September 30, 2000, the Company expects to report a net loss of ($798,245) (or $0.25 per share) as compared to net income of $6,681,735, or $1.87 per diluted share, in 1999. Fiscal 2000 revenues were $102,878,905 compared with $114,689,474 in the prior year. Net income in 1999 included a pre-tax gain of $9,636,318 on the sale of the Company's graphite and lubricants business, and a $1,916,800 pre-tax provision for restructuring and related costs. Net loss in 2000 includes a pre-tax provision of $1,640,895 for restructuring and related costs. The Company further attributes the lower operating results to inventory reduction efforts which resulted in plant inefficiencies in the U.S. and Mexico; lower sales and operating profits due to the sale of the graphite and lubricants business in 1999; and lower U.S. consumer sales and operating profits, reflecting the impact of imports in the mass retail market, among other factors. -----END PRIVACY-ENHANCED MESSAGE-----