If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I — REGISTRANT INFORMATION

IHOP Corp.

Full Name of Registrant

Former Name if Applicable

450 North Brand Boulevard

Address of Principal Executive Office (Street and Number)

Glendale, California 91203

City, State and Zip Code

PART II — RULES 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)

PART III — NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Securities and Exchange Commission (“SEC”) has recently issued clarifications regarding the accounting for leases, including tenant reimbursements.  As with many other companies in the restaurant industry, IHOP Corp. (the “Company”) needs additional time to evaluate its lease accounting practices.  Specifically, management and the Audit Committee are reviewing the SEC’s clarification of the accounting for tenant improvements and other lease accounting pronouncements.  The Company does not currently believe that the adjustments, if any, will result in any significant changes in the Company’s previously reported financial condition or results of operations.  This evaluation has delayed completion of the Company’s financial statements and management’s assessment of the effectiveness of the Company’s internal control over financial reporting for the 2004 fiscal year (which ended January 2, 2005).  As a result, the Company is unable to complete and file its Annual Report on Form 10-K for the 2004 fiscal year by the prescribed filing date.  The Company currently anticipates filing the 2004 Annual Report on or before April 1, 2005.

 

(Attach extra Sheets if Needed)

 

SEC 1344 (07-03)

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

PART IV — OTHER INFORMATION

 

(1)	Name and telephone number of person to contact in regard to this notification
	Thomas Conforti		818		240-6055
	(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 answer is no, identify report(s).
ý Yes						o 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?
o Yes						ý 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.

 

 

IHOP CORP.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date	March 18, 2005		By	/s/ Thomas Conforti
				Thomas Conforti
				Chief Financial Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.