-----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, NIVJT90GEZYnjhsxYZZdFk/KML4wSaJio/zY7+C0hLkUPfWjqpAfjWq2X/oJZfOa alVfjK2FwzSqs8R32nGDYA== 0000950103-99-000289.txt : 19990419 0000950103-99-000289.hdr.sgml : 19990419 ACCESSION NUMBER: 0000950103-99-000289 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990412 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OUTBOARD MARINE CORP CENTRAL INDEX KEY: 0000075149 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 361589715 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-02883 FILM NUMBER: 99596012 BUSINESS ADDRESS: STREET 1: 100 SEA HORSE DR CITY: WAUKEGAN STATE: IL ZIP: 60085 BUSINESS PHONE: 7086896200 MAIL ADDRESS: STREET 1: 100 SEA HORSE DRIVE CITY: WAUKEGAN STATE: IL ZIP: 60085 8-K 1 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 - April 12, 1999): April 16, 1999 OUTBOARD MARINE CORPORATION (Exact name of registrant as specified in charter) Delaware 1-2883 36-1589715 (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 100 Sea Horse Drive, Waukegan, Illinois 60085 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (847) 689-6200 Item 4. Change in Registrant's Certifying Accountant. (a) On April 12, 1999, Outboard Marine Corporation (the "Registrant") dismissed Arthur Andersen LLP as its independent certified public accountant. There have been no adverse opinions, disclaimers of opinion or qualifications or modifications as to uncertainty, audit scope or accounting principles regarding the reports of Arthur Andersen LLP on the Registrant's financial statements for the three month transition period ended December 31, 1998 and for each of the fiscal years ended September 30, 1998 and 1997, or any subsequent interim period. The Audit Committee of the Registrant's Board of Directors approved the change of accountants and that action was ratified by the Board of Directors of the Registrant. There were no disagreements with Arthur Andersen LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures leading to their dismissal. There were no reportable events, in each case, during either of the Registrant's two most recent fiscal years or any subsequent interim period. (b) Simultaneously with the dismissal of its former accountants, the Registrant approved and engaged KPMG Peat Marwick LLP to act as its independent certified public accountant as successor to Arthur Andersen LLP. During the Registrant's two most recent fiscal years or subsequent interim periods the Registrant has not consulted KPMG Peat Marwick LLP regarding 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 Registrant's financial statements, or any matter that was the subject of a disagreement or a reportable event. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) EXHIBITS 16.1 Letter from Arthur Andersen LLP dated April 16, 1999, addressed to the Securities and Exchange Commission. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed for and on its behalf by the undersigned hereunto duly authorized. OUTBOARD MARINE CORPORATION Dated: April 16, 1999 By /s/ Andrew P. Hines ---------------------------- Executive Vice President and Chief Financial Officer EX-16 2 CHANGE OF REGISTRANT'S CERTIFYING ACCOUNTANT Exhibit 16 [LETTERHEAD OF ARTHUR ANDERSEN LLP] April 16, 1999 Office of Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Sir/Madam: We have read the two paragraphs of Item 4(a) included in the Form 8-K dated April 16, 1999 of Outboard Marine Corporation (the "Company") to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, ARTHUR ANDERSEN LLP cc: Mr. Andrew P. Hines, Executive Vice President and Chief Financial Officer Outboard Marine Corporation -----END PRIVACY-ENHANCED MESSAGE-----