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): August 2, 2002
Featherlite, Inc.
(Exact name of Registrant as Specified in its Charter)
Minnesota
(State or Other Jurisdiction of Incorporation)
000-24804 41-1621676
(Commission File Number) (IRS Employer
Identification No.)
Highways 63 & 9
Cresco, Iowa 52136
(Address of Principal Executive Offices and Zip Code)
(563) 547-6000
(Registrant's telephone number, including area code)
Item 4. Changes in Registrant's Certifying Accountant.
On August 2, 2002, Featherlite, Inc. (the "Company") ceased its
client-auditor relationship with Arthur Andersen LLP, the independent accountant
which had been engaged by the Company for prior fiscal years.
Arthur Andersen LLP's report on the financial statements of the Company
for the past two years did not contain an adverse opinion or disclaimer of
opinion nor were they qualified as to uncertainty, audit scope or accounting
principles. There were not, in connection with the audits of the two most recent
fiscal years and any subsequent interim period preceding August 2, 2002, any
disagreements with Arthur Andersen LLP on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure which,
if not resolved to Arthur Andersen LLP's satisfaction, would have cause it to
make reference to the subject matter of the disagreement in connection with its
report, and there were no reportable events as defined in Item 304(a)(1)(v) of
Regulation S-K.
On August 2, 2002, the Company selected Deloitte & Touche LLP to serve
as its independent auditors for fiscal year 2002. During the two most recent
fiscal years, the Company has not consulted Deloitte & Touche LLP 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.
The decision to change accountants was recommended and approved by the
Audit Committee of the Company's Board of Directors.
In accordance with temporary regulation Item 304T of Regulation S-K,
the Company has used reasonable efforts to obtain from Arthur Andersen a letter
stating whether Arthur Andersen agrees with the above statements. The Company
has been informed that Arthur Andersen is unable to provide such a letter, and
therefore none is filed with this report.
Item 7. Financial Statements and Exhibits
(a) Financial statements of businesses acquired:
Not Applicable.
(b) Pro forma financial information:
Not Applicable.
(c) Exhibits:
Not Applicable.
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.
Dated: August 2, 2002
FEATHERLITE, INC.
By /s/ Jeffery A. Mason
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Jeffery A. Mason
Chief Financial Officer