0001483885-17-000003.txt : 20170208
0001483885-17-000003.hdr.sgml : 20170208
20170208163705
ACCESSION NUMBER: 0001483885-17-000003
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20170208
DATE AS OF CHANGE: 20170208
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: DIXIE GROUP INC
CENTRAL INDEX KEY: 0000029332
STANDARD INDUSTRIAL CLASSIFICATION: CARPETS AND RUGS [2273]
IRS NUMBER: 620183370
STATE OF INCORPORATION: TN
FISCAL YEAR END: 1226
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-13451
FILM NUMBER: 17583036
BUSINESS ADDRESS:
STREET 1: PO BOX 2007
CITY: DALTON
STATE: GA
ZIP: 30722
BUSINESS PHONE: 7068765814
MAIL ADDRESS:
STREET 1: PO BOX 2007
CITY: DALTON
STATE: GA
ZIP: 30722
FORMER COMPANY:
FORMER CONFORMED NAME: DIXIE YARNS INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: DIXIE MERCERIZING CO
DATE OF NAME CHANGE: 19670524
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: HODGES CAPITAL HOLDINGS INC.
CENTRAL INDEX KEY: 0001483885
IRS NUMBER: 752278916
STATE OF INCORPORATION: TX
FISCAL YEAR END: 0731
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 2905 MAPLE AVENUE
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 214-954-1177
MAIL ADDRESS:
STREET 1: 2905 MAPLE AVENUE
CITY: DALLAS
STATE: TX
ZIP: 75201
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST DALLAS HOLDINGS INC
DATE OF NAME CHANGE: 20100211
SC 13G
1
dxyn2016dec31.txt
DXYN 13-G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
THE DIXIE GROUP, INC.
Common Stock, $3.00 par value
255519100
December 31, 2016
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
X Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
NOTE:The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act.
Persons who respond to the collection of information contained in this form
are not required to respond unless the form displays a currently valid OMB
control number.
CUSIP No. 255519100
1. Names of Reporting Persons.
HODGES CAPITAL HOLDINGS, INC.
2. Check the Appropriate Box if a Member of a Group
(a)
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Texas
5. Sole Voting Power: 0
6. Shared Voting Power: 1,903,855
7. Sole Dispositive Power: 0
8. Shared Dispositive Power: 2,280,660
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 2,280,660
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (9): 14.1%
12. Type of Reporting Person: HC
CUSIP No. 255519100
1. Names of Reporting Persons.
CRAIG D. HODGES
2. Check the Appropriate Box if a Member of a Group
(a)
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
MR. HODGES IS A UNITED STATES CITIZEN
5. Sole Voting Power: 0
6. Shared Voting Power: 1,903,855
7. Sole Dispositive Power: 0
8. Shared Dispositive Power: 2,280,660
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 2,280,660
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (9): 14.1%
12. Type of Reporting Person (See Instructions): IN
CUSIP No. 255519100
1. Names of Reporting Persons.
First Dallas Securities, Inc.
2. Check the Appropriate Box if a Member of a Group
(a)
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Texas
5. Sole Voting Power: 0
6. Shared Voting Power: 0
7. Sole Dispositive Power: 0
8. Shared Dispositive Power: 104,205
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 104,205
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (9): 0.6%
12. Type of Reporting Person (See Instructions): IA, BD
CUSIP No. 255519100
1. Names of Reporting Persons.
Hodges Capital Management, Inc.
2. Check the Appropriate Box if a Member of a Group
(a)
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Texas
5. Sole Voting Power: 0
6. Shared Voting Power: 1,794,543
7. Sole Dispositive Power: 0
8. Shared Dispositive Power: 2,176,456
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 2,176,456
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (9): 13.5%
12. Type of Reporting Person (See Instructions): IA
CUSIP No. 255519100
1. Names of Reporting Persons.
Hodges Fund, A Series of professionally Managed Portfolios
2. Check the Appropriate Box if a Member of a Group
(a)
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Massachusetts
5. Sole Voting Power: 0
6. Shared Voting Power: 1,683,521
7. Sole Dispositive Power: 0
8. Shared Dispositive Power: 1,683,521
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 1,683,521
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (9): 10.4%
12. Type of Reporting Person : IV
CUSIP No. 255519100
1. Names of Reporting Persons.
Hodges Pure Contrarian Fund, A Series of professionally
Managed Portfolios
2. Check the Appropriate Box if a Member of a Group
(a)
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Massachusetts
5. Sole Voting Power: 0
6. Shared Voting Power: 111,022
7. Sole Dispositive Power: 0
8. Shared Dispositive Power: 111,022
9. Aggregate Amount Beneficially Owned by Each Reporting Person: 111,022
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (9): 0.6%
12. Type of Reporting Person : IV
Item 1.
(a) Name of Issuer:
THE DIXIE GROUP, INC.
(b) Address of Issuer's Principal Executive Offices:
104 Nowlin Lane, Suite 101
Chattanooga, TN, 37421
Item 2.
(a) Name of Person Filing:
Hodges Capital Holdings, Inc.("HCHI")
Craig D. Hodges
First Dallas Securities, Inc.("FDSI")
Hodges Capital Management, Inc.("HCM")
Hodges Small Fund
Hodges Pure Contrarian Fund
(b) Address of Principal Business Office or, if none, Residence:
2905 Maple Ave.
Dallas, Texas 75201
(b) Citizenship:
Hodges Capital Holdings, Inc. is a Texas corporation.
Craig D. Hodges is a citizen of the United States.
First Dallas Securities, Inc. is a Texas corporation.
Hodges Capital Management is a Texas corporation.
Hodges Fund is a series of a Massachusetts business trust.
Hodges Pure Contrarian Fund is a series of a
Massachusetts business trust.
(d) Title of Class of Securities:
Common Stock, Par Value $3.00
(e) CUSIP Number:
255519100
Item 3. If this statement is filed pursuant to SS240.13d-1(b) or 240.13d-2(b)
or (c), check whether the person filing is a:
(g) X A parent holding company or control person in accordance with
S 240.13d-1(b)(1)(ii)(G).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
Hodges Capital Holdings, Inc 2,280,660
Craig D. Hodges 2,280,660
First Dallas Securities, Inc. 104,205
Hodges Capital Management, Inc. 2,176,456
Hodges Fund 1,683,521
Hodges Pure Contrarian Fund 111,022
(b) Percent of class:
Hodges Capital Holdings, Inc 14.1%
Craig D. Hodges 14.1%
First Dallas Securities, Inc. 0.6%
Hodges Capital Management, Inc. 13.5%
Hodges Fund 10.4%
Hodges Pure Contrarian Fund 0.6%
The calculation of the percentage of beneficial ownership of the Company's
common stock is based upon 16,119,252 shares outstanding on September 24, 2016,
as disclosed by the Company in its Quarterly Report on Form 10-Q for the
period ended October 28, 2016.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Hodges Capital Holdings, Inc 0
Craig D. Hodges 0
First Dallas Securities, Inc. 0
Hodges Capital Management, Inc. 0
Hodges Fund 0
Hodges Pure Contrarian Fund 0
(ii) Shared power to vote or to direct the vote:
Hodges Capital Holdings, Inc 1,903,855
Craig D. Hodges 1,903,855
First Dallas Securities, Inc. 0
Hodges Capital Management, Inc. 1,794,543
Hodges Fund 1,683,521
Hodges Pure Contrarian Fund 111,022
(iii) Sole power to dispose or to direct the disposition of:
Hodges Capital Holdings, Inc 0
Craig D. Hodges 0
First Dallas Securities, Inc. 0
Hodges Capital Management, Inc. 0
Hodges Fund 0
Hodges Pure Contrarian Fund 0
(iv) Shared power to dispose or to direct the disposition of:
Hodges Capital Holdings, Inc 2,280,660
Craig D. Hodges 2,280,660
First Dallas Securities, Inc. 104,205
Hodges Capital Management, Inc. 2,176,456
Hodges Fund 1,683,521
Hodges Pure Contrarian Fund 111,022
The reported shares are shares of common stock of the Issuer, par value $3.00.
All 2,280,660 of the reported shares collectively, the ("reported Shares") may
be deemed as beneficially owned by HCHI, which is the owner of FDSI and HCM,
and Craig D. Hodges, who is the controlling shareholder of FDHI.
104,205 of the Reported Shares are held in seperate accounts managed
by FDSI, each of which, individually, owns less than 1% of the common
stock of the Issuer(each a "Separate Account"). FDSI is a registered
broker-dealer and an investment adviser registered with the SEC.
272,600 of the Reported Shares are held in Separate Accounts managed
by HCM, which is also an investment adviser registered with the SEC.
1,683,521 of the Reported Shares are held by the Hodges Fund,
a series of Professionally Managed Portfolios, an investment company
registered under the Investment Company Act of 1940.
111,022 of the Reported Shares are held by the Hodges Pure Contrarian
Fund, a series of Professionally Managed Portfolios, an investment
company registered under the Investment Company Act of 1940.
The investment adviser to these funds is HCM, which may be
deemed to be a beneficial owner of the funds' Reported Shares.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company or Control Person
First Dallas Securities, Inc. is wholly-owned by Hodges Capital Holdings, Inc.,
and is a registered investment adviser in accordance with
S 240.13d-1(b)(1)(ii)(E)
Hodges Capital Management, Inc. is wholly-owned by Hodges Capital Holdings,
Inc., and is a registered investment adviser in accordance with
S 240.13d-1(b)(1)(ii)(E)
Item 8. Identification and Classification of Members of the Group
Not Applicable.
Item 9. Notice of Dissolution of Group
Not Applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
Exhibits
Exhibit 1:
Joint Filing Agreement dated December 31,2016 among HCHI, Craig D.
Hodges, FDSI, HCM, Hodges Fund and Hodges Pure Contrarian Fund.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: February 7, 2017
Craig D. Hodges
Chairman