0000826773-14-000012.txt : 20140513 0000826773-14-000012.hdr.sgml : 20140513 20140513165516 ACCESSION NUMBER: 0000826773-14-000012 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140329 FILED AS OF DATE: 20140513 DATE AS OF CHANGE: 20140513 EFFECTIVENESS DATE: 20140513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UniTek Global Services, Inc. CENTRAL INDEX KEY: 0000826773 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 752233445 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34867 FILM NUMBER: 14838071 BUSINESS ADDRESS: STREET 1: 1777 SENTRY PARKWAY WEST STREET 2: GWYNEDD HALL, SUITE 302 CITY: BLUE BELL STATE: PA ZIP: 19422 BUSINESS PHONE: 267-464-1700 MAIL ADDRESS: STREET 1: 1777 SENTRY PARKWAY WEST STREET 2: GWYNEDD HALL, SUITE 302 CITY: BLUE BELL STATE: PA ZIP: 19422 FORMER COMPANY: FORMER CONFORMED NAME: BERLINER COMMUNICATIONS INC DATE OF NAME CHANGE: 20050919 FORMER COMPANY: FORMER CONFORMED NAME: NOVO NETWORKS INC DATE OF NAME CHANGE: 20010104 FORMER COMPANY: FORMER CONFORMED NAME: EVENTURES GROUP INC DATE OF NAME CHANGE: 19990902 NT 10-Q 1 cover.htm NT 10-Q Cover


                                       
 
 
 
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                                             SECURITIES AND EXCHANGE COMMISSION
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                                                 Washington, D.C. 20549
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FORM 12b-25
SEC FILE NUMBER
 
 
 
001-34867
 
 
 
 
 
 
 
 
 CUSIP NUMBER
 
NOTIFICATION OF LATE FILING
91324T 203
 
 
 
 
 
 (Check one):
o
 Form 10-K
o
 Form 20-F
o
 Form 11-K
x
 Form 10-Q
o
 Form 10-D
o
 Form N-SAR
 
o
 Form N-CSR
 
 
 
 
 
 
 
 
 
 
 
For Period Ended:
March 29, 2014
 
 
 
 
 
o
Transition Report on Form 10-K
 
 
 
 
 
 
 
 
o
Transition Report on Form 20-F
 
 
 
 
 
 
 
 
o
Transition Report on Form 11-K
 
 
 
 
 
 
 
 
o
Transition Report on Form 10-Q
 
 
 
 
 
 
 
 
o
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
UniTek Global Services, Inc.
 Full Name of Registrant
 
 Former Name if Applicable
1777 Sentry Parkway West, Gwynedd Hall, Suite 302
 Address of Principal Executive Office (Street and Number)
Blue Bell, Pennsylvania 19422
 City, State and Zip Code
 
 
 
 
 
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)
 
x
 (a)
The reason 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, Form 11- K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, 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 why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
 
 
The Company is completing the impairment analysis of its broadband cable reporting unit's goodwill and due to the complexity involved in assessing the fair value of the unit, the Form 10-Q could not be completed by its original due date without unreasonable effort and expense to the Company. The Company expects to file within the five-day period permitted under this rule.
 
 
 
 
 
 
 
 
Persons who are to 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
 
SEC 1344 (04-09)
 
 
 
 
 




(Attach extra Sheets if Needed)
 
PART IV - OTHER INFORMATION
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1
)
 
Name and telephone number of person to contact in regard to this notification
 
 
Andrew J. Herning
 
267
 
 
464-1700
 
 
 
(Name)
 
(Area Code)
 
 
( Telephone Number)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(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 answer is no, identify report(s).
 
 
 
 
 
 
 
 
 
Yes
x
No
o
 
(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 ?
 
 
 
 
 
 
 
 
 
 
 
Yes
x
No
o
 
 
 
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.
 
 
For the quarter ended March 29, 2014, the Company expects to report consolidated revenues of $88.6 million, compared with $113.8 million for the first quarter of 2013. Loss from continuing operations for the first quarter of 2014 is anticipated to be $19.6 million, or $1.02 per basic and diluted share, compared with loss from continuing operations of $7.0 million, or $0.37 per basic and diluted share, for the first quarter of 2013. Net loss for the first quarter of 2014 is anticipated to be $19.6 million, or $1.02 per basic and diluted share, compared with a net loss of $7.7 million, or $0.40 per basic and diluted share, for the first quarter of 2013. The loss from continuing operations and the net loss for the quarter ended March 29, 2014 reflects the Company’s expectation that a non-cash goodwill impairment charge related to its broadband cable reporting unit will be approximately $10.1 million. Should the calculation of the goodwill impairment charge be revised, loss from continuing operations and net loss for the first quarter of 2014 will be revised accordingly.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
UniTek Global Services, Inc.
 
 
 
 
 
 
 
 
(Name of Registrant as Specified in Charter)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 
 
 
 
 
 
 
 
Date
May 13, 2014
 
 
By
/s/ Andrew J. Herning
 
 
 
 
 
 
 
Andrew J. Herning, Chief Financial 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).