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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report March 23, 2001
Commission file number 333-21411
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ROSE HILLS COMPANY
(Exact name of registrant as specified in its charter)
Delaware 13-3915765
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
3888 South Workman Mill Road
Whittier, California 90601
(Address of principal executive offices) (Zip Code)
(562) 692-1212
Registrant's telephone number, including area code
N/A
(Former name, former address and former fiscal year,
if changed since last report)
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ITEM 5. OTHER EVENTS.
The Rose Hills Company (the Company) has finalized its discussions with the
staff of the Securities and Exchange Commission regarding the implementation of
Staff Accounting Bulleting No. 101, "Revenue Recognition in Financial
Statements" (SAB No. 101). The Company has implemented SAB No. 101 effective
beginning in the first quarter of 2000. The change will not have an impact on
the Company's consolidated cash flows. As a result of the discussions with the
SEC Staff, the Company has agreed to change certain of its accounting policies
primarily with respect to the timing of revenue recognition related to sales of
preneed cemetery merchandise and services. The company's conclusions regarding
the application of SAB No. 101 are fully described in a letter to the SEC
attached as Exhibit 99.1 to this Current Report on Form 8-K which exhibit is
hereby incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
99.1 Letter dated March 19, 2001 from the Rose Hills Company to Ms. Jane Poulin,
Associate Chief Accountant of the Securities and Exchange Commission regarding
the Company's conclusions regarding the application of SAB No. 101.
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.
Dated: March 23, 2001
Rose Hills Company
/s/ Kenton C. Woods
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Kenton C. Woods
Executive Vice President, Finance,
Chief Financial Officer, Secretary and Treasurer
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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99.1 Letter dated March 19, 2001 from Rose Hills Company to Ms. Jane
Poulin, Associate Chief Accountant of Securities and Exchange
Commission regarding the Company's conclusions regarding the
application of SAB No. 101.