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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
Date of Report (Date of earliest event reported): January 19, 2005
COLLECTORS UNIVERSE, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-27887 33-0846191
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1921 E. Alton Avenue, Santa Ana, California 92705
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (949) 567-1234
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(Former name or former address, if changed since 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:
[ ] 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 7.01 Regulation FD Disclosure
On January 19, 2005, Collectors Universe, Inc. issued a press
release announcing that it restating and correcting its previously reported loss
from discontinued operations and cumulative effect of accounting change in its
statement of operations for its fiscal year ended June 30, 2003 as reported in
its 2004 Annual Report on Form 10-K. The correction reclassifies the cumulative
effect of an accounting change in the amount of $8,917,000 that was attributable
to its discontinued operations, from the loss from discontinued operations to
the cumulative effect of accounting change in fiscal 2003.
As reported in its press release, this reclassification had no
effect on: (i) the Company's previously reported income from continuing
operations, net loss or cash flows for the fiscal year ended June 30, 2003, or
(ii) its previously reported income from continuing operations, net income or
cash flows for the fiscal year ended June 30, 2004
The restatement and correction is contained in a Form 10-K/A
Amendment, filed earlier today, to the Company's Annual Report on Form 10-K for
the fiscal year ended June 30, 2004.
A copy of the press release is attached as Exhibit 99.1 to this
Current Report on Form 8-K.
In accordance with General Instruction B.2 of Form 8-K, the
information in this Current Report on Form 8-K, including Exhibit 99.1, is being
furnished and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that Section, nor shall it be deemed incorporated by reference in
any filing under the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits. The following exhibit is being furnished pursuant to Item 9.01
above.
Exhibit No. Description
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99.1 Press Release issued January 19, 2005, announcing
restatement and correction of the loss from discontinued
operations and the cumulative effect of an accounting
change for the fiscal year ended June 30, 2003.
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.
COLLECTORS UNIVERSE, INC.
Date: January 19, 2005 By: /s/ MICHAEL J. LEWIS
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Michael J. Lewis,
Chief Financial Officer
INDEX TO EXHIBITS
Exhibit No. Description
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99.1 Press Release issued January 19, 2005, announcing
restatement and correction of the loss from discontinued
operations and the cumulative effect of an accounting
change for the fiscal year ended June 30, 2003.