UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K/A
Amendment No. 1
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: (Date of Earliest Event Reported) October 18, 2004
The Pep Boys - Manny, Moe & Jack
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(Exact name of registrant as specified in charter)
Pennsylvania 1-3381 23-0962915
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(State or other jurisdiction of (Commission (I.R.S. Employer ID number)
incorporation or organization) File No.)
3111 W. Allegheny Ave. Philadelphia, PA 19132
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(Address of principal executive offices) (Zip code)
215-430-9000
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed from last report)
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))
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Item 1.01 Entry into a material definitive agreement.
As previously reported, on October 18, 2004, the Company entered into a Trade
Payables Agreement with GMAC Commercial Finance, LLC ("GMAC CF") pursuant to
which GMAC CF effects payment of the Company's accounts payable to
participating suppliers. The terms of such agreement remain unchanged.
Participating suppliers have the ability to have their accounts receivable from
the Company financed in advance by GMAC CF in an exchange for a negotiated
discount. The Company, in turn, pays GMAC CF the full amount of the
corresponding accounts payable on their ordinary due dates.
The Company expects to reflect this program for the first time on its balance
sheet for the quarter ended April 30, 2005. To more accurately describe this
program, the accounts payable subject to the program will be reflected on the
Company's balance sheet as "trade payable program liability," rather than as
"financed vendor accounts payable" as previously reported.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
Unchanged from the initial filing.
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Item 9.01 Financial Statements and Exhibits
(c) Exhibits. The following exhibits are filed with this report:
Exhibit No. 99.1 Master Lease Agreement among The Pep Boys-Manny, Moe & Jack,
The Pep Boys Manny Moe & Jack of California, Pep Boys -
Manny, Moe & Jack of Puerto Rico, Inc., and Pep Boys -
Manny, Moe & Jack of Delaware, Inc., and RBS LOMBARD, INC.
dated October 18, 2004 (1)
Exhibit No. 99.2 Schedule No. 1 for the Master Lease Agreement among The Pep
Boys-Manny, Moe & Jack, The Pep Boys Manny Moe & Jack of
California, Pep Boys - Manny, Moe & Jack of Puerto Rico,
Inc., and Pep Boys - Manny, Moe & Jack of Delaware, Inc.,
and RBS LOMBARD, INC. dated October 18, 2004 (1)
Exhibit No. 99.3 Trade Payables Agreement between GMAC Commercial Finance LLC
and The Pep Boys-Manny, Moe & Jack dated
October 18, 2004 (1)
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(1) Filed as an exhibit to the Registrant's Current Report on Form 8-K filed on
October 19, 2004,
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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.
THE PEP BOYS - MANNY, MOE & JACK
By: /s/ Harry F. Yanowitz
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Harry F. Yanowitz
Chief Financial Officer
Date: May 9, 2005
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