UNITED STATES
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): June 14, 2002
WEYCO GROUP, INC.
(Exact name of registrant as specified in its charter)
Wisconsin 0-9068 39-0702200
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification
incorporation) No.)
333 W. Estabrook Boulevard, P.O. Box 1188
Milwaukee, Wisconsin 53201
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (414) 908-1600
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(Former name or former address, if changed since last report.)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On June 14, 2002, WEYCO GROUP, INC. (the "Company") dismissed Arthur
Andersen LLP as its independent public accountants and appointed Deloitte &
Touche LLP as its new independent accountants. The decision to dismiss Arthur
Andersen and to retain Deloitte & Touche was recommended by the Company's Audit
Committee and approved by its Board of Directors.
Arthur Andersen's reports on the Company's consolidated financial
statements for the fiscal years ended December 31, 2001 and December 31, 2000,
did not contain any 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 ended December 31,
2001 and December 31, 2000, and the subsequent interim period through June 14,
2002 (date of dismissal), there were no disagreements between the Company and
Arthur Andersen on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements, if
not resolved to Arthur Andersen's satisfaction, would have caused them to make
reference to the subject matter or the disagreement in connection with their
reports.
None of the reportable events described in Item 304(a) (1) (v) of
Regulation S-K occurred during the fiscal years ended December 31, 2001 and
December 31, 2000, and the subsequent interim period through June 14, 2002 (date
of dismissal).
The Company has provided Arthur Andersen with a copy of the foregoing
disclosures. Attached, as Exhibit 16 is a letter from Arthur Andersen, dated
June 14, 2002, stating their agreement with such statements.
During the fiscal years ended December 31, 2001 and December 31, 2000,
and the subsequent interim period through June 14, 2002 (date of dismissal), the
Company did not consult with Deloitte & Touche regarding any of the matters or
events set forth in Item 304 (a) (2) (i) and (ii) of Regulation S-K.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit
Number Description
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16 Letter of Arthur Andersen LLP regarding change in
certifying accountant. (Filed herewith.)
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.
Date: June 17, 2002 WEYCO GROUP, INC.
By: /s/ John F. Wittkowske
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John F. Wittkowske
Senior Vice President,
Chief Financial Officer & Secretary
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WEYCO GROUP, INC.
(THE "REGISTRANT")
(COMMISSION FILE NO. 0-9068)
EXHIBIT INDEX
TO
FORM 8-K CURRENT REPORT
DATED June 14, 2002
EXHIBIT NUMBER DESCRIPTION
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16 Letter of Arthur Andersen LLP
regarding change in certifying
accountant.
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