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): May 1, 2002
JOS. A. BANK CLOTHIERS, INC.
----------------------------
(Exact name of registrant as specified in its charter)
Delaware 36-3189198
-------- ----------
(State of Incorporation) (I.R.S. Employer Identification No.)
500 Hanover Pike, Hampstead, MD 21074
- ------------------------------- -----
(Address of principal executive offices) (zip code)
(410) 239-2700
--------------
(Registrant's telephone number, including area code)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
The Audit Committee of the Board of Directors of Jos. A. Bank
Clothiers, Inc. (the "Company") annually considers and recommends to the Board
the selection of the Company's independent public accountants. As recommended by
the Company's Audit Committee, the Board of Directors decided to terminate
Arthur Andersen LLP ("Andersen") as the Company's independent public accountants
and engage KPMG LLP ("KPMG") to serve as the Company's independent public
accountants for the fiscal year ending February 1, 2003. The Company notified
Andersen and KPMG of the Board's decision on May 1, 2002.
Andersen's reports on the Company's consolidated financial statements
for the past two years did not contain an adverse opinion or disclaimer of
opinion, nor were they qualified or modified as to uncertainty, audit scope or
accounting principles. During the Company's two most recent fiscal years and
through the date of this Form 8-K, there were no disagreements with Andersen on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure which, if not resolved to Andersen's
satisfaction, would have caused them to make reference to the subject matter in
connection with their report on the Company's consolidated financial statements
for such years; and there were no reportable events, as listed in Item
304(a)(1)(v) of Regulation S-K promulgated under the Securities Exchange Act of
1934, as amended.
The Company provided Andersen with a copy of the foregoing disclosures.
Attached as Exhibit 16 is a copy of Andersen's letter, dated May 1, 2002,
stating its agreement with such statements.
During the Company's two most recent fiscal years and through the date
of the Board's decision, the Company did not consult KPMG with
respect to the application of accounting principles to a specified transaction,
either completed or proposed, or the type of audit opinion that might be
rendered on the Company's consolidated financial statements, or any other
matters or reportable events as set forth in Items 304(a)(2)(i) and (ii) of
Regulation S-K promulgated under the Securities Exchange Act of 1934, as
amended. As of the date of this report, KPMG is in the process of its standard
client evaluation procedures and has not accepted the engagement to serve as the
Company's independent public accountants for the fiscal year ending February 1,
2003. KPMG expects to complete its evaluation procedures by not later than May
15, 2002.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
c) Exhibits. The following exhibit is filed with this Report.
Exhibit
Number Description
- ------- -----------
16 Letter from Arthur Andersen LLP to the Securities and Exchange
Commission dated May 1, 2002
SIGNATURE
---------
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.
Jos. A. Bank Clothiers, Inc.
(Registrant)
By: /s/ Robert N. Wildrick
------------------------------------
Robert N. Wildrick
Chief Executive Officer and Director
Dated May 6, 2002
EXHIBIT INDEX
Exhibit
Number Description
- ------- -----------
16 Letter from Arthur Andersen LLP to the Securities and Exchange
Commission dated May 1, 2002