UNITED STATES
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): January 27, 2005
ICON HEALTH & FITNESS INC.
(Exact name of registrant as specified in its charter)
COMMISSION FILE NUMBER: 333-93711
| DELAWARE | 87-0531206 |
| (State or other jurisdiction of incorporation) | (I.R.S. Employer Identification No.) |
| 1500 South 1000 West |
| Logan, UT, 84321 |
| (Address and zip code of principal executive offices) |
(435) 750-5000
(Registrant's telephone number, including area code)
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: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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(Logan, Utah - January 27, 2005) - ICON Health & Fitness, Inc. ("the Company") announced today that the estimated costs associated with the recent recall of its JumpKing® trampolines and FunRing enclosures announced by the U.S Product Consumer Safety Commission ("CPSC") in its Release # 05-092 on January 25, 2005 were accrued as a liability in the second quarter of fiscal 2005 which ended on November 27, 2004. A charge of approximately $0.8 million was accounted for and reported as part of the discontinued operations in the Company's latest Form 10-Q filed with the Securities and Exchange Commission on January 11, 2005.
SIGNATURE
| | | ICON HEALTH & FITNESS, INC. |
| | | |
| | | By: /s/ S. Fred Beck |
| | |
|
| | | Name: S. Fred Beck |
| | | Title: Chief Financial Officer |
| | | Date: January 27, 2005 |
EXHIBIT INDEX
| 99.1 | ICON Health & Fitness Clarifies Financial Impact of JumpKing® Trampoline Recall |
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