11-K 1 a2053378z11-k.txt 11-K UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549 FORM 11-K (MARK ONE) [X] ANNUAL REPORT PURSUANT TO SECTION 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2000 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 0-24068 -------------- A. FULL TITLE OF THE PLAN AND ADDRESS OF THE PLAN, IF DIFFERENT FROM THAT OF THE ISSUER NAMES BELOW: CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN. B. NAME OF ISSUER OF THE SECURITIES HELD PURSUANT TO THE PLAN AND THE ADDRESS OF ITS PRINCIPAL EXECUTIVE OFFICE: CONSOLIDATED GRAPHICS, INC., 5858 WESTHEIMER, SUITE 200, HOUSTON, TEXAS 77057. CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN TABLE OF CONTENTS ---------- PAGE(S) Report of Independent Accountants 1-2 Financial Statements: Statement of Net Assets Available for Benefits as of December 31, 2000 and 1999 3 Statement of Changes in Net Assets Available for Benefits for the years ended December 31, 2000 and 1999 4 Notes to Financial Statements 5-14 Supplementary Schedules*: Schedule H, Item 4d - Non-Exempt Transactions for the year ended December 31, 2000 15 Schedule H, Item 4i - Assets Held for Investment Purposes as of December 31, 2000 16 * Other schedules required by Section 2520.103.10 of the Department of Labor Rules and Regulations for Reporting and Disclosure under ERISA have been omitted because they are not applicable. Schedule H, Item 4j-Reportable Transactions for the year ended December 31, 2000 has been omitted because all investment transactions in the Plan were participant directed. REPORT OF INDEPENDENT ACCOUNTANTS To the Plan Administrator Consolidated Graphics, Inc. Employee 401(k) Savings Plan: We have audited the accompanying statements of net assets available for benefits of Consolidated Graphics, Inc. Employee 401(k) Savings Plan (the "Plan") as of December 31, 2000 and 1999, and the related statement of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2000 and 1999, and the changes in net assets available for benefits for the years ended December 31, 2000 and 1999 in conformity with generally accepted accounting principles. Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedules of assets held for investment purposes and nonexempt transactions are presented for the purpose of additional analysis and are not a required part of the basis financial statements, but are supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. These supplemental schedules are the responsibility of the Plan's management. -1- Plan Administrator Page 2 The supplemental schedules and fund information have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. Ham, Langston & Brezina, LLP Houston, Texas June 20, 2001 -2- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS DECEMBER 31, 2000 AND 1999
2000 1999 ----------- ----------- Assets: Cash-interest bearing $ 8,566,789 $ 59,688 Investments, at fair value: Consolidated Graphics, Inc. Common Stock 3,996,842* 2,099,806 Janus Worldwide Fund -- 8,741,778* U.S. Global Resources Fund -- 630,847 Bonnel Growth Fund -- 10,025,184* Dreyfus S&P 500 Index Fund -- 9,492,791* Janus Flexible Income Fund -- 2,498,377* U.S. Government Securities Savings Fund -- 4,139,357* AIM Charter Fund 4,145,294* -- AIM International Equity Fund 2,304,061 -- Calvert Income Fund 1,652,585 -- Davis New York Venture Fund 4,335,667* -- Davis Growth Opportunity Fund 1,800,429 -- MSDW Stable Value Fund 9,096,887* -- MSDW American Opportunities Fund 4,255,960* -- MSDW S&P 500 Index Fund 6,037,641* -- MSDW Strategist Fund 1,517,812 -- MSDW U.S. Government Securities Trust 1,452,362 -- MSDW Small Cap Growth Fund 3,988,097* -- Oppenheimer Global Fund 6,034,064* -- Van Kampen Emerging Growth Fund 6,855,733* -- Van Kampen American Value Fund 1,333,935 -- U.S. Treasury Securities Fund -- 4,359,350* Participant notes receivable, at cost 1,292,026 574,702 ----------- ----------- Total investments 60,099,395 42,562,192 Participants' contributions receivable 775,819 404,505 Plan merger receivable 452,046 -- ----------- ----------- Total assets 69,894,049 43,026,385 ----------- ----------- Liabilities: Excess contributions payable 225,988 20,428 Liability for purchased securities 5,229,399 -- ----------- ----------- Total liabilities 5,455,387 20,428 ----------- ----------- Net assets available for benefits $64,438,662 $43,005,957 =========== ===========
* Represents 5% or more of net assets available for benefits. The accompanying notes are an integral part of these financial statements. -3- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
2000 1999 ------------ ------------ Additions to net assets attributed to: Dividend and interest income $ 2,224,328 $ 1,451,238 Realized and unrealized gains (losses) (15,153,030) 3,315,388 Contributions: Employees 9,008,327 6,758,724 Rollovers from other plans 754,177 702,525 Plan mergers 37,111,404 19,660,261 ------------ ------------ Total additions 33,945,206 31,888,136 ------------ ------------ Deductions from net assets attributed to: Benefits and withdrawals 12,500,026 7,052,656 Trustee fees 12,475 6,910 ------------ ------------ Total deductions 12,512,501 7,059,566 ------------ ------------ Net increase in net assets available for benefits 21,432,705 24,828,570 Net assets available for benefits, beginning of year 43,005,957 18,177,387 ------------ ------------ Net assets available for benefits, end of year $ 64,438,662 $ 43,005,957 ============ ============
The accompanying notes are an integral part of these financial statements. -4- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS ---------- 1. DESCRIPTION OF PLAN The following description of the Consolidated Graphics, Inc. (the "Company") Employee 401(k) Savings Plan (the "Plan") provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan's provisions. GENERAL The Plan was established effective January 1, 1997 as a defined contribution plan covering all full-time employees of the Company and its participating subsidiaries who have completed one year of service (including a minimum of 1,000 hours of service during such period) and are age nineteen or older. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA"). The Company executed seven asset transfer agreements in 2000 and seven in 1999 to merge the 401(k) plans of acquired printing businesses into the Plan. The following plans were merged into the Plan as of the following dates: PLAN NAME DATE ----------- ---------- 2000 ---- Automatic Graphics Systems, Inc. Employee Stock Ownership Plan February 17, 2000 Wetzel Brothers, Inc. Profit Sharing and 401(k) Plan March 17, 2000 Keys Printing Company Retirement Plan August 22, 2000 StorterChilds Printing, Inc. 401(k) Savings Plan December 15, 2000 H&N Printing & Graphics, Inc. 401(k) Profit Sharing Plan December 21, 2000 Wentworth Corporation 401(k) Plan December 27, 2000 Printing, Inc. 401(k) Plan December 28, 2000 Continued -5- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 1. DESCRIPTION OF PLAN, CONTINUED 1999 ---- Courier Printing Company, Inc. Profit Sharing Plan June 1, 1999 Printing Corporation of America 401(k) Plan and Trust June 1, 1999 Geyer Printing Company, Inc. Profit Sharing Plan June 1, 1999 Carty Enterprises, Inc. Profit Sharing/ Section 401(k) Plan and Trust June 1, 1999 The Graphics Group Employee Stock Ownership Plan and Trust August 31, 1999 The Printery, Inc. 401(k) Savings Plan September 30, 1999 T/O Printing 401(k) Profit Sharing Plan December 31, 1999 Effective June 1, 2000, the Plan trustee/custodian was changed from Security Trust and Financial Company to Morgan Stanley Dean Witter, which now serves as the Plan trustee/custodian. Plan administrative expenses are paid by the Company. CONTRIBUTIONS Each year, participants may contribute from 1% to 15% of their pretax annual compensation not to exceed the limitation set forth in Section 402(g) ($10,500 in 2001) by the Internal Revenue Service. Participants may also rollover amounts representing distributions from other plans. The Plan also provides for discretionary employer matching contributions, not exceeding 6% of annual compensation. Additional amounts may also be contributed by the employer at the option of the Company's board of directors. During 2000 and 1999, the Company made no discretionary contributions to the Plan. Continued -6- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 1. DESCRIPTION OF PLAN, CONTINUED PARTICIPANT ACCOUNTS Each participant's account is credited with the participant's contribution and allocations of (i) Plan earnings and (ii) discretionary contributions made by the Company, if any, and charged with an allocation of administrative expenses. Allocations are based on participants' compensation or account balances, as described in the Plan. Upon the occurrence of a distribution event, the benefit to which the participant is entitled is the benefit that can be provided from the participant's vested interest in his or her account. VESTING Participants are immediately vested in their elective contributions, plus any earnings on such contributions, and any qualified employer matching contributions. The vesting of certain discretionary employer contributions plus any earnings thereon, is based on years of continuous service accrued by the participant while in covered employment. A participant vests at a rate of 20% per year until fully vested after five years of credited service. INVESTMENT OPTIONS Upon enrollment in the Plan, a participant may direct contributions in 1% increments into one or more of the investment options offered by the custodian, as follows: INVESTMENT OPTIONS AVAILABLE FROM JANUARY 1, 2000 TO MAY 31, 2000 CONSOLIDATED GRAPHICS, INC. COMMON STOCK Invests in the Company's common stock. JANUS WORLDWIDE FUND A diversified fund that seeks long-term growth of capital by investing primarily in common stocks of foreign and domestic issues. Continued -7- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 1. DESCRIPTION OF PLAN, CONTINUED U.S. GLOBAL RESOURCES FUND Seeks long-term growth of capital, while providing protection against inflation and monetary instability by investing in natural resource-related companies around the globe. BONNEL GROWTH FUND Seeks long-term growth of capital by investing primarily in the common stocks of domestic and foreign companies with small to mid-size market capitalizations. DREYFUS S&P 500 INDEX FUND Seeks to provide investment results that correspond to the price and yield performance of publicly-traded common stocks in the aggregate, as represented by the Standard & Poor's 500 Composite Price Index. JANUS FLEXIBLE INCOME FUND A diversified fund that seeks current income and long-term growth of capital by investing primarily in income-producing equity securities. U.S. GOVERNMENT SECURITIES SAVINGS FUND Seeks to preserve capital and generate income by investing exclusively in short-term securities backed by the United States government or its agencies. INVESTMENT OPTIONS AVAILABLE FROM JUNE 1, 2000 TO DECEMBER 31, 2000 AIM CHARTER FUND Seeks to provide growth of capital with a secondary objective of current income by investing primarily in securities of established companies that have long-term above-average growth in earnings and dividends. Continued -8- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 1. DESCRIPTION OF PLAN, CONTINUED AIM INTERNATIONAL EQUITY FUND Seeks to provide long-term growth of capital by investing in a diversified portfolio of international equity securities. CALVERT INCOME FUND Seeks to maximize income through long-term investment in bonds and other income producing securities. DAVIS NEW YORK VENTURE FUND Seeks to provide long-term growth of capital by investing primarily in common stock of U.S. companies with market capitalizations of at least $5 billion. DAVIS GROWTH OPPORTUNITY FUND Seeks to provide long-term growth of capital by investing primarily in common stock of U.S. companies with small and medium market capitalizations of less than $20 billion. MSDW STABLE VALUE FUND Seeks to preserve principal while earning current income by investing primarily in book value liquidity agreements from major financial institutions such as banks and insurance companies. MSDW AMERICAN OPPORTUNITIES FUND Seeks to provide long-term capital growth with an effort to reduce volatility by investing primarily in a diversified portfolio of common stocks. MSDW S&P 500 INDEX FUND Seeks to provide investment results which correspond to the total return of the Standard & Poor's 500 Composite Stock Price Index. MSDW STRATEGIST FUND Seeks to maximize the total return on its investments by investing in the major asset categories of equity securities, fixed-income securities and money market instruments. Continued -9- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 1. DESCRIPTION OF PLAN, CONTINUED MSDW U.S. GOVERNMENT SECURITIES TRUST Seeks a high level of current income consistent with safety of principal by investing in U.S. Government securities. MSDW SMALL CAP GROWTH FUND Seeks capital appreciation by investing primarily in a diversified portfolio of common stocks and securities convertible into common stocks of small companies with market capitalizations within the capitalization range of securities comprising the Standard & Poor's Small Cap 600 Index. OPPENHEIMER GLOBAL FUND Seeks to provide capital appreciation by investing in common stocks of U.S. and foreign companies. VAN KAMPEN EMERGING GROWTH FUND Seeks to provide long-term capital appreciation by investing primarily in a portfolio of common stocks of emerging growth companies. VAN KAMPEN AMERICAN VALUE FUND Seeks to provide long-term capital appreciation by investing in equity securities of small to medium-sized companies. Participants may change their investment options at any time. U.S. TREASURY SECURITIES FUND This fund was used to temporarily invest the assets of merged plans which had not been allocated to participants as of December 31, 1999. Continued -10- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 1. DESCRIPTION OF PLAN, CONTINUED PARTICIPANT NOTES RECEIVABLE Participants may borrow from their fund accounts at a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of the participant's vested account balance. Loan terms range from 1 to 5 years or up to 25 years for the purchase of a primary residence. The loans are secured by the vested balance in the participant's account and bear interest at a rate commensurate with local prevailing rates as determined by the Plan administrator. Principal and interest payments are made by means of payroll withholdings according to the terms of the promissory note. PAYMENT OF BENEFITS Upon termination of employment due to death or retirement, a participant (or his/her designated beneficiary in the event of death) may elect to receive either a lump-sum amount equal to the value of the participant's vested interest in his or her account, or to have the account balance distributed in annual installments. For termination of employment due to other reasons, the vested interest in his or her account will be distributed as a lump-sum distribution. FORFEITED ACCOUNTS All employer contributions credited to a participant's account, but not vested, are forfeited by the participant upon distribution of the full vested value of his or her account (or his/her designated beneficiary in the event of death). Forfeitures are generally used to pay Plan expenses. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF ACCOUNTING The financial statements of the Plan are prepared under the accrual method of accounting in accordance with generally accepted accounting principles. These principles require management to make estimates and assumptions that affect the reported amount of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities; accordingly, actual results could differ from those estimates. Continued -11- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED RISKS AND UNCERTAINTIES The Plan provides for various investment options. These investment options are exposed to market risk, which generally means the risk of loss in the value of certain investment securities due to changes in interest rates, commodity prices and general market conditions. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is reasonably possible that changes in risks in the near term could materially affect participants' account balances and the amounts reported in the statement of net assets available for benefits and the statement of changes in net assets available for benefits. CONCENTRATION OF CREDIT RISK Financial instruments which potentially subject the Plan to a concentration of credit risk consist of investments in the Company's common stock and shares of registered investment companies. The Plan has not experienced any credit losses associated with these investments. INVESTMENT VALUATION The Plan's investments are stated at fair value. Shares of registered investment companies are valued at quoted market prices which represent the net asset value of shares held by the Plan at year end. The Company's common stock is valued at its quoted market price. Participant notes receivable are valued at cost which approximates fair value. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. PAYMENT OF BENEFITS Benefits are recorded when paid. Continued -12- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 3. PARTY-IN-INTEREST TRANSACTIONS Certain Plan investments are in funds managed by the Plan trustee. In addition, the Plan invests in the Company's common stock, as well as participant notes receivable. These transactions qualify as party-in-interest transactions. 4. LIABILITY FOR PURCHASED SECURITIES As of December 31, 2000, the Company had a liability for purchased securities which relates to the purchase of securities with a trade date during the year ended December 31, 2000 but not funded until the settlement date in January 2001. 5. PLAN TERMINATION Although it has not expressed any intent to do so, the Company has the right to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants will become 100% vested in their accounts. 6. TAX STATUS The Plan is based on a standardized prototype plan. The prototype plan received an opinion letter from the Internal Revenue Service (IRS) dated October 20, 1993. The Plan trustee and administrator believe that the Plan is designed and is currently being operated in compliance with the applicable requirements of the Internal Revenue Code of 1986, as amended (IRC), and accordingly, that the trust maintained in connection with the Plan is tax-exempt. 7. PROHIBITED TRANSACTIONS AND OTHER On three occasions during the 2000 Plan year, participant 401(k) contributions were not forwarded to the trustee of the Plan by the fifteenth business day of the month following the month in which such contributions were withheld from the pay of such participants. In each case, such contributions were subsequently contributed to the trust for the Plan along with earnings calculated from such fifteenth business day to the date such contributions were deposited in the trust. In addition, the Company is preparing and intends to file IRS Form 5330 to pay the excise tax associated with such late contributions. Continued -13- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (K) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS, CONTINUED ---------- 7. PROHIBITED TRANSACTIONS AND OTHER, CONTINUED The 401(k) contributions of five participants exceeded the limitation under IRC Section 402(g) for the 2000 Plan year. The excess deferrals (including earnings) of such participants were distributed by April 15, 2001. The Plan did not satisfy the nondiscrimination test under IRC Section 401(k)(3) for the 2000 Plan year. To comply with such nondiscrimination test, the Company will distribute the excess contributions, including any income attributable thereto, to highly compensated employees during the year 2001. 8. SUBSEQUENT EVENTS On January 4, 2001, the Company executed an asset transfer agreement to merge Maryland Composition Company, Inc. 401(k) Profit Sharing Plan into the Plan. On January 23, 2001, the Company executed an asset transfer agreement to merge Graphic Communications, Inc. Retirement Plan into the Plan. On February 1, 2001, the Company executed an asset transfer agreement to merge Automated Graphic Systems, Inc. 401(k) Plan into the Plan. On March 15, 2001, the Company executed an asset transfer agreement to merge Tursack Printing, Inc. 401(k) Profit Sharing Plan into the Plan. On March 17, 2001, the Company executed an asset transfer agreement to merge Georges & Shapiro Lithograph, Inc. 401(k) Profit Sharing Plan into the Plan. On May 2, 2001, the Company executed an asset transfer agreement to merge Apple Graphics, Inc. Profit Sharing Plan and Mercury Printing Employees' Profit Sharing Plan into the Plan. On May 22, 2001, the Company executed an asset transfer agreement to merge Lincoln Litho Profit-Sharing and 401(k) Plan into the Plan. -14- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN SCHEDULE H, ITEM 4D - NON-EXEMPT TRANSACTIONS FOR THE YEAR ENDED DECEMBER 31, 2000 ---------- EIN: 76-0190827 PN: 010
IDENTITY OF RELATIONSHIP NET GAIN PARTY INVOLVED TO PLAN DESCRIPTION OF THE ISSUE AMOUNT OR (LOSS) -------------- ------------ ------------------------------------- -------- ----------- Consolidated Employer Consolidated Graphics, Inc. was in vio- Graphics, Inc. lation of the DOL's regulation con- cerning the timely remittance of participant contributions to trusts containing assets of the Plan. $ 80,746 * Consolidated Employer Consolidated Graphics, Inc. was in vio- Graphics, Inc. lation of the DOL's regulation con- cerning the timely remittance of participant contributions to trusts containing assets of the Plan. 1,037,754 * Consolidated Employer Consolidated Graphics, Inc. was in vio- Graphics, Inc. lation of the DOL's regulation con- cerning the timely remittance of participant contributions to trusts containing assets of the Plan. 982 *
* The Plan will be credited with the amount of interest income that could have been earned on the investment had the deposit been made on a timely basis. -15- CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (K) SAVINGS PLAN SCHEDULE H, ITEM 4I - ASSETS HELD FOR INVESTMENT PURPOSES DECEMBER 31, 2000 ---------- EIN: 76-0190827 PN: 010
IDENTITY OF ISSUER DESCRIPTION OF INVESTMENT VALUE*** ----------------------------------- --------------------------- --------------- **Morgan Stanley Dean Witter Trust Cash - interest bearing $8,566,789 **Consolidated Graphics, Inc. Consolidated Graphics, Inc. common stock 3,996,842* AIM AIM Charter Fund 4,145,294* AIM AIM International Equity Fund 2,304,061 Calvert Calvert Income Fund 1,652,585 Davis Davis New York Venture Fund 4,335,667* Davis Davis Growth Opportunity Fund 1,800,429 **Morgan Stanley Dean Witter MSDW Stable Value Fund 9,096,887* **Morgan Stanley Dean Witter MSDW American Opportunities Fund 4,255,960* **Morgan Stanley Dean Witter MSDW S&P 500 Index Fund 6,037,641* **Morgan Stanley Dean Witter MSDW Strategist Fund 1,517,812 **Morgan Stanley Dean Witter MSDW U.S. Government Securities Trust 1,452,362 **Morgan Stanley Dean Witter MSDW Small Cap Growth Fund 3,988,097* Oppenheimer Oppenheimer Global Fund 6,034,064* Van Kampen Van Kampen Emerging Growth Fund 6,855,733* Van Kampen Van Kampen American Value Fund 1,333,935 Participant notes receivable with terms ranging from 1-5 years, interest at 10.5% to 11.5% per year** 1,292,026
* Represents investments comprising at least 5% of net assets available for benefits. ** Represents party-in-interest transactions *** Cost information is not presented because all investments are participant directed. -16- SIGNATURE PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE TRUSTEE (OR OTHER PERSONS WHO ADMINISTER THE PLAN) HAS DULY CAUSED THIS ANNUAL REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED HEREUNTO DULY AUTHORIZED. Consolidated Graphics, Inc. Employee 401(k) Savings Plan By: /s/ MICHAEL B. BARTON ----------------------------------- Michael B. Barton Member of the Consolidated Graphics, Inc. Employee 401(k) Savings Plan Retirement Committee Date: June 29, 2001 -17-