-----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, WYOZSNAh7cQNC9muZ/86uBPyqd3KKxGkF/bATnVQjRdxYIYw+p5Zu8U1KAyaCsXh PaOzT3aFGg15LpxuClL6VQ== 0000950148-07-000014.txt : 20070116 0000950148-07-000014.hdr.sgml : 20070115 20070112183233 ACCESSION NUMBER: 0000950148-07-000014 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061206 ITEM INFORMATION: Material Impairments FILED AS OF DATE: 20070116 DATE AS OF CHANGE: 20070112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KB HOME CENTRAL INDEX KEY: 0000795266 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 953666267 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-09195 FILM NUMBER: 07529776 BUSINESS ADDRESS: STREET 1: 10990 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90024 BUSINESS PHONE: 3102314000 MAIL ADDRESS: STREET 1: 10990 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90024 FORMER COMPANY: FORMER CONFORMED NAME: KAUFMAN & BROAD HOME CORP DATE OF NAME CHANGE: 19920703 8-K/A 1 v26441a1e8vkza.htm AMENDMENT TO FORM 8-K e8vkza
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 6, 2006
KB HOME
(Exact name of registrant as specified in charter)
         
Delaware
(State or other jurisdiction of
incorporation) 		  1-9195
(Commission File Number) 		  95-3666267
(IRS Employer Identification No.)
10990 Wilshire Boulevard, Los Angeles, California 90024
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 231-4000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 2.06 Material Impairments.
     This filing amends the Current Report on Form 8-K filed by KB Home (the “Company”) on December 8, 2006. In that Form 8-K, the Company stated that it had concluded that it would record a material non-cash charge for inventory-related impairments and land option contract abandonments in the fourth quarter of its fiscal year ended November 30, 2006. At that time, the Company estimated that the aggregate non-cash charge associated with inventory impairments would range from $235 million to $285 million and the non-cash charge related to the abandonment of certain land option contracts was expected to total approximately $90 million.
     The Company has finalized the non-cash charges for inventory-related impairments and land option contract abandonments for the fourth quarter of its fiscal year ended November 30, 2006. The actual non-cash charge related to the abandonment of certain land option contracts is $88 million and the actual aggregate non-cash charge associated with inventory impairments is $255 million, within the range previously reported.

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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
Date: January 12, 2007  KB HOME
 		  
  By:   /s/ WILLIAM R. HOLLINGER    
    Senior Vice President and Chief Accounting Officer   
       
 

 

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