SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) June 30, 2000
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CADMUS COMMUNICATIONS CORPORATION
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(Exact name of registrant as specified in its charter)
Virginia 0-12954 54-1274108
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
6620 West Broad Street, Suite 240, Richmond, Virginia 23230
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (804) 287-5680
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Item 5. Other Events.
On August 3, 2000, Cadmus Communications Corporation (the "Company") issued the
press release attached hereto as Exhibit 99.1 with respect to fourth quarter and
year end financial results. Bruce V. Thomas, president and chief executive
officer, and David E. Bosher, senior vice president, and chief financial
officer, read the prepared remarks attached hereto as Exhibit 99.2 on a
conference call with analysts, shareholders, prospective investors, and other
interested parties.
In addition, at the June 7, 2000 meeting of the Board of Directors of the
Company, the Directors approved an amendment to the Company's 1990 Long Term
Incentive Stock Plan (the "1990 Plan") which extended the term of the 1990 Plan
until July 31, 2001. The extension of the 1990 Plan is not applicable to the
plan's incentive stock options ("ISOs"). Consequently, no ISOs may be granted
by the Company under the 1990 Plan after July 31, 2000.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Information in this release relating to Cadmus' future prospects and
performance are "forward-looking statements" and, as such, are subject to risks
and uncertainties that could cause actual results to differ materially.
Potential risks and uncertainties include but are not limited to: (1) the
effective execution of the restructuring plan and the successful integration of
recent acquisitions, (2) continuing competitive pricing in the markets in which
the Company competes, (3) the gain or loss of significant customers or the
decrease in demand from existing customers, (4) the ability of the Company to
continue to obtain improved efficiencies and lower overall production costs, (5)
changes in the Company's product sales mix, (6) the performance of new
management and leadership teams in the Company and its divisions, (7) the impact
of industry consolidation among key customers, (8) the ability of the Company to
operate profitably and effectively with higher levels of indebtedness, and (9)
the ability to retain key employees and managers in light of lower-than-planned
incentives and benefits. The information included in this release is
representative only on the date hereof, and the Company undertakes no obligation
to update any forward-looking statements made.
Item 7. Exhibits.
Exhibit 99.1 Press Release
Exhibit 99.2 Prepared Remarks from Conference Call
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 hereunto duly authorized on August 3, 2000.
CADMUS COMMUNICATIONS CORPORATION
By: /s/ Bruce V. Thomas
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Bruce V. Thomas
President and Chief Executive Officer
Exhibit Index
Exhibit
99.1 Press Release
99.2 Prepared Remarks from Conference Call