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
February 28, 2006
Date of Report (Date of earliest event reported):
QC HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Kansas 48-1209939
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
9401 Indian Creek Parkway, Suite 1500
Overland Park, Kansas 66210
(Address of principal executive offices) (Zip Code)
(913) 234-5000
(Registrant's telephone number, including area code)
Not applicable
(Former name and former fiscal year, if changed since last report.)
Not applicable
(Former address)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition
See attached as Exhibit 99.1 to this Form 8-K a News Release dated February 28,
2006 concerning the QC Holdings, Inc. (the "Company") revised financial results
for the three months and year ended December 31, 2005.
The Company has issued revised financial statements based on information
received subsequent to the original earnings release on February 9, 2006 with
respect to overtime to be paid to salaried branch managers that work in branches
with less than two additional employees. The Company originally recorded an
estimate of $1.4 million for this issue. Based on new information and discussion
with relevant parties, the Company has concluded that approximately $440,000
will be paid to affected branch managers, which results in changes to the
financial information originally released by the Company.
The information in this Item 2.02, and Exhibit 99.1 to this Current Report on
Form 8-K, shall not be deemed "filed" for the purposes of or otherwise subject
to the liabilities under Section 18 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). Unless expressly incorporated into a filing of the
Company under the Securities Act of 1933, as amended (the "Securities Act"), or
the Exchange Act made after the date hereof, the information contained in this
Item 2.02 and Exhibit 99.1 hereto shall not be incorporated by reference into
any filing of the Company, whether made before or after the date hereof,
regardless of any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
99.1 News release issued by QC Holdings, Inc., dated February 28, 2006,
titled "QC Holdings, Inc. Issues Revised Fourth Quarter and Full
Year Results" that reports the Company's revised financial results
for the three months and year ended December 31, 2005.
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.
QC Holdings, Inc.
Date: February 28, 2006 By: /s/ Douglas E. Nickerson
--------------------------------
Douglas E. Nickerson
Chief Financial Officer
(Principal Financial and
Accounting Officer)