SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
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Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report(Date of Earliest Event Reported):
February 7, 2002
CTS CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Indiana 1-4639 35-0225010
(State or Other Jurisdiction (Commission File Numbers) (I.R.S. Employer
of Incorporation) Identification Nos.)
905 West Boulevard North
Elkhart, Indiana 46514
(Address of Principal Executive Offices) (Zip Code)
Registrants' Telephone Number, Including Area Code: (574) 293-7511
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
Information from the balance sheets, dated December 31, 2001;
December 31, 2000, a copy of which is filed as Exhibit 99.1
hereto and which information is incorporated herein by
reference, will be included in materials presented by CTS
Corporation at the Wall Street Analyst Forum,
February 13, 2002.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Balance Sheets, Dated December 31, 2001;
December 31, 2000.
The following exhibits are filed with this report:
Exhibit No. Exhibit Description
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99.1 Balance Sheets Dated December 31, 2001;
December 31, 2000
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 thereunto duly authorized.
CTS CORPORATION
/s/ Richard G. Cutter
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By: Richard G. Cutter
Vice President, Secretary
and General Counsel
Date: February 7, 2002
EXHIBIT INDEX
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Exhibit No. Exhibit Description
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99.1 Balance Sheets Dated December 31, 2001;
December 31, 2000
Exhibit 99.1
CTS Corporation
Condensed Consolidated Balance Sheets- Unaudited
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December December
31, 2001 31, 2000 *
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(Unaudited)
Cash and equivalents $ 13,255 $ 20,564
Accounts receivable, net 81,563 145,920
Inventories, net 50,149 104,316
Other current assets 55,707 34,896
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Total current assets 200,674 305,696
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Property, Plant & Equipment, net 191,958 224,861
Other Assets 175,299 142,372
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Total Assets $567,931 $672,929
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Current maturities of long-term debt $ 27,500 $ 10,000
Notes payable - 7,397
Accounts payable 50,842 100,394
Other accrued liabilities 75,515 85,100
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Total current liabilities 153,857 202,891
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Long-term debt 125,013 178,000
Other long-term obligations 2,836 6,689
Other liabilities 43,352 38,992
Shareholders' equity 242,873 246,357
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Total Liabilities and
Shareholders' Equity $567,931 $672,929
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* The balance sheet at December 31, 2000 has been derived from the audited
financial statements at that date.