-----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, STKk4atZDPWAQ6QM19h9xrw2ZT2HNxjPgmCtXIqKFCabhindqBgN3rCPEmxIujQX gjBTxbUDKdAl3HhxMWfcdg== 0000796912-99-000003.txt : 19990503 0000796912-99-000003.hdr.sgml : 19990503 ACCESSION NUMBER: 0000796912-99-000003 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLAYERS INTERNATIONAL INC /NV/ CENTRAL INDEX KEY: 0000796912 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 954175832 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 000-14897 FILM NUMBER: 99606328 BUSINESS ADDRESS: STREET 1: 1300 ATLANTIC AVENUE STREET 2: SUITE 800 CITY: ATLANTIC CITY STATE: NJ ZIP: 08401 BUSINESS PHONE: 6094497777 MAIL ADDRESS: STREET 1: 1300 ATLANTIC AVE STREET 2: STE 800 CITY: ATLANTIC CITY STATE: NJ ZIP: 08401 FORMER COMPANY: FORMER CONFORMED NAME: PLAYERS CLUB INTERNATIONAL INC DATE OF NAME CHANGE: 19861020 10-Q/A 1 9 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________ FORM 10-Q/A (Mark One) [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 1998 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________________ to ______________________ Commission file number 0-14897 Players International, Inc. (Exact name of registrant as specified in its charter) Nevada 95-4175832 (State or other jurisdiction of incorporation or organization) (I.R.S. employer identification no.) 1300 Atlantic Ave., Suite 800 Atlantic City, NJ 08401 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code (609) 449-7777 (Former name, former address and former fiscal year, if changed since last report.) Indicate by check 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 (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No APPLICABLE ONLY TO CORPORATE ISSUERS: As of February 4, 1999, there were 32,024,737 shares of the Registrant's $0.005 per share par value Common Stock outstanding, net of treasury stock. 1 PLAYERS INTERNATIONAL, INC. AND SUBSIDIARIES INDEX PART II - OTHER INFORMATION PAGE Item 6.Exhibits and Reports on Form 8-K 3 Signature 4 2 PART I - OTHER INFORMATION Item 6. Exhibits and Reports on Form 8-K. Exhibits filed with this Form 10-Q/A: Exhibit No. Exhibit Description 4.1 Rights Agreement dated as of January 27, 1997, between Players International, Inc. and Interwest Transfer Company, Inc. as Rights Agent (1) 10.1 Amended and Restated 1993 Stock Incentive Plan, as amended through November 12,1998 (1) 10.2 Amendment dated as of August 31, 1998 to Agreement dated as of August 1, 1997, between Players International, Inc. and John Groom (1) 10.3 Amendment dated as of August 31, 1998 to Employment Agreement dated as of March 31, 1997 between Players International, Inc. and Patrick Madamba, Jr. (1) 10.4 Amendment dated November 12, 1998 to Employment Agreement dated October 1, 1996 between Players International, Inc. and Howard A. Goldberg (1) 10.5 Amendment dated as of November 12, 1998 to Employment Agreement dated as of March 31, 1997 between Players International, Inc. and Patrick Madamba, Jr. (1) 10.6 Restated Amendment dated as of January 6, 1999 between Players International, Inc. and Peter J. Aranow (1) 10.7 Restated Amendment dated January 29, 1999 between Players International, Inc. and Peter J. Aranow (1) 27.0 Financial Data Schedule (1) 27.1 Amended Financial Data Schedules for the periods ended June 30, 1996 and December 31, 1996 27.2 Restated Financial Data Schedule for the period ended March 31, 1996 27.3 Financial Data Schedule for the period ended June 30, 1997 (1) Filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 1998, and incorporated herein by reference. Reports on Form 8-K Filed During Quarter: A Form 8-K was filed by the Company on November 12, 1998 regarding the Registrant's Board rejection of a $6.00 per share merger proposal by Hollywood Park, Inc. 3 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PLAYERS INTERNATIONAL, INC. Date: April 29, 1999 By: /s/ Raymond A. Spera Raymond A. Spera Chief Financial Officer (Principal Financial Officer) 4 EXHIBIT 27.1 [ARTICLE] 5 [MULTIPLIER] 1,000 AMENDED AMENDED 3-MOS 9-MOS MAR-31-1997 MAR-31-1997 JUN-30-1996 DEC-31-1996 [CASH] 20610 16006 [SECURITIES] 2945 0 [RECEIVABLES] 7658 5418 [ALLOWANCES] 280 513 [INVENTORY] 3005 3152 39722 35844 [PP&E] 316894 320861 [DEPRECIATION] 27119 30663 440508 457301 35604 45883 [BONDS] 179500 185000 0 0 [PREFERRED] 0 0 [COMMON] 149 160 [OTHER-SE] 198176 196834 [SALES] 0 0 79611 218866 [CGS] 0 0 36027 103053 32012 108080 0 0 3864 11587 [INCOME-PRETAX] 7806 (3584) [INCOME-TAX] 3044 (1398) [INCOME-CONTINUING] 4762 (2186) [DISCONTINUED] 0 0 [EXTRAORDINARY] 0 0 [CHANGES] 0 0 [NET-INCOME] 4762 (2186) .16 (.07) [EPS-DILUTED] .15 (.07)
RESTATED YEAR MAR-31-1996 MAR-31-1996 [CASH] 18786 [SECURITIES] 4461 [RECEIVABLES] 7721 [ALLOWANCES] 118 [INVENTORY] 2719 41583 [PP&E] 302994 [DEPRECIATION] 23078 413432 39705 [BONDS] 153000 0 [PREFERRED] 0 [COMMON] 149 [OTHER-SE] 193478 [SALES] 0 291395 [CGS] 0 126063 121461 0 14718 [INCOME-PRETAX] 36590 [INCOME-TAX] 14270 [INCOME-CONTINUING] 22320 [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] 22320 .75 [EPS-DILUTED] .70
3-MOS MAR-31-1998 JUN-30-1997 [CASH] 18863 [SECURITIES] 0 [RECEIVABLES] 13042 [ALLOWANCES] 1267 [INVENTORY] 1408 60452 [PP&E] 251165 [DEPRECIATION] 31163 428804 94803 [BONDS] 151848 0 [PREFERRED] 0 [COMMON] 163 [OTHER-SE] 156011 [SALES] 0 84182 [CGS] 0 41236 36201 0 6254 [INCOME-PRETAX] 484 [INCOME-TAX] 191 [INCOME-CONTINUING] 293 [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] 293 .01 [EPS-DILUTED] .01
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