UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b - 25
NOTIFICATION OF LATE FILING
(Check One): [ ] 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] N-SAR
For Period Ended: September 30, 2001
----------------
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ______________________
- --------------------------------------------------------------------------------
Please Print or Type
NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
VERIFIED ANY INFORMATION CONTAINED HEREIN.
- --------------------------------------------------------------------------------
If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
------------------------------------------------------------------------
Part I -- REGISTRANT INFORMATION
AMF Bowling, Inc.
------------------------------------------------------------------------
Full Name of Registrant
N/A
------------------------------------------------------------------------
Former Name if Applicable
8100 AMF Drive
------------------------------------------------------------------------
Address of Principal Executive Officer (Street and Number)
Mechanicsville, VA 23111
------------------------------------------------------------------------
City, State and Zip Code
Part II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
| (a) The reasons described in reasonable detail in Part III of this
| form could not be eliminated without unreasonable effort or
| expense;
| (b) The subject annual report, semi-annual report, transition report
| on Form 10-K, Form 20-F, 11-K, Form N- SAR, or portion thereof,
[X]| will be filed on or before the fifteenth calendar day following
| the prescribed due date; or the subject quarterly report of
| transition report on Form 10-Q, or portion thereof will be filed
| on or before the fifth calendar day following the prescribed due
| date; and
| (c) The accountant's statement or other exhibit required by Rule
| 12b-25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q, N-
SAR, or the transition report or portion thereof, could not be filed within the
prescribed time period.
As previously disclosed, AMF Bowling Worldwide, Inc., a Delaware
corporation and second-tier subsidiary of AMF Bowling, Inc. (the "Registrant"),
and certain of its subsidiaries and its immediate parent (collectively, the
"Company"), filed voluntary petitions for reorganization under Chapter 11, Title
11 of the United States Code (the "Bankruptcy Code") on July 2, 2001 with the
United States Bankruptcy Court for the Eastern District of Virginia in Richmond,
Virginia (the "Bankruptcy Court"). The Company is in possession of its assets,
and manages and operates its businesses as debtor-in possession under the
Bankruptcy Code. In addition, the Registrant filed a voluntary petition for
reorganization under the Bankruptcy Code on July 30, 2001 with the Bankruptcy
Court.
Since the petitions were filed on July 2, 2001 and July 30, 2001, the
accounting and financial staff which serves both the Company and the Registrant
have been required to dedicate substantial amounts of time to the reorganization
process and related tasks. These tasks have included preparing the necessary
court filings and a disclosure statement and plan of reorganization preparing
and filing monthly operating reports for the Company with the U.S. Trustee and
responding to various requests for information from interested parties in the
bankruptcy case such as pre-petition and post-petition secured lenders and the
Official Committee of Unsecured Creditors. Since the commencement of the
Registrant's proceeding in the Bankruptcy Court, the accounting and financial
staff performed similar tasks on behalf of the Registrant. As a result of the
continuing additional burdens on the accounting and financial staff, the
Registrant is unable to timely file the Registrant's quarterly Report on Form
10-Q for the quarter ended September 30, 2001 without unreasonable effort or
expense.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Christopher F. Caesar 804-730-4400
- -------------------------- --------------------------------
(Name) (Area Code and Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such reports) been filed? If answer is no,
identify report(s). [X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof? [X] Yes [ ] No
If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
The Registrant expects that the results of operations for the quarter ended
September 30, 2001 will show a significant decline in its Bowling Products
business from the corresponding quarter for the last fiscal year. The Registrant
is unable to make a reasonable estimate of the results at this time because it
is completing its analysis of the appropriate charges to be reflected in its
results of operations for the quarter ended September 30, 2001 as a result of
filing for bankruptcy protection and related matters.
------------------------------------------------------------------
AMF Bowling, Inc.
--------------------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: November 14, 2001 By: /s/ Christopher F. Caesar
-------------------------------
Christopher F. Caesar
Senior Vice President and
Chief Financial Officer