SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number: 1-988
NOTIFICATION OF LATE FILING
|X| Form 10-K |_| Form 11-K |_| Form 20-F |_| Form 10-Q |_| Form N-SAR
For Period Ended: December 31, 1998
|_| Transition Report on Form 10-K |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F |_| Transition Report on Form N-SAR
|_| Transition Report on Form 11-K
For Transition Period Ended: Not applicable.
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: Not
applicable.
PART I
REGISTRANT INFORMATION
Full name of registrant: The Coleman Company, Inc.
Former name, if applicable: Not Applicable
Address of principal executive office: 2111 E. 37th Street North
City, state and zip code: Wichita, Kansas 67219
PART II
RULE 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 reason described in 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, 20-F, 11-K or Form N-SAR, or portion
thereof will be filed on or before the 15th day following
|X| the prescribed due date; or the subject quarterly report
or 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 Form 10-K, 11-K,
20-F, 10-Q, N-SAR or the transition report portion thereof could not be
filed within the prescribed time period.
As previously detailed in the filings with the Commission of
Sunbeam Corporation ("Sunbeam"), the indirect parent corporation of The
Coleman Company, Inc. (the "Company"), Sunbeam experienced substantial
changes in its management and changed its outside auditors during the 1998
fiscal year. In addition, during the 1998 fiscal year, Sunbeam restated its
financial statements for the 1997 fiscal year and for the fourth quarter of
1996 and the first quarter of 1998. Both Sunbeam's management and its
auditors allocated substantial resources to these efforts. The Company, as
a subsidiary of Sunbeam, has also been impacted by the foregoing
circumstances.
As a result of the significant time and effort expended by
Sunbeam's management and its outside auditors in connection with the
preparation of the filings referred to above and because the Company is
still in the process of completing the analysis of its results of
operations for fiscal year 1998, the Company will not be in a position to
file timely its 1998 Form 10-K. Nevertheless, the Company does intend to
file its 1998 Form 10-K no later than the fifteenth calendar day following
the prescribed due date, as contemplated by Rule 12b-25(b)(2) promulgated
under the Securities Exchange Act of 1934, as amended.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification:
Janet G. Kelley (561) 912-4438
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(Name) (Area Code) (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
report (s) been filed? If the 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 Company is still in the process of completing the analysis of
its results of operations for fiscal year 1998. The Company is working with
Ernst & Young LLP to review the Company's financial records and quantify
the amount of any change from the prior fiscal year. Until this review is
completed, however, no estimate can be made of the extent to which the
Company's results of operations will deviate from those reported during the
corresponding period in the prior fiscal year.
The Coleman Company, Inc.
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 31, 1999 By: /s/ Gwen Wisler
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Gwen Wisler
Chief Financial Officer