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): May 19, 2009
COMPASS DIVERSIFIED HOLDINGS
(Exact name of registrant as specified in its charter)
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| Delaware
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0-51937
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57-6218917 |
| (State or other jurisdiction
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(Commission File Number)
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(I.R.S. Employer Identification |
| of incorporation)
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No.) |
COMPASS GROUP DIVERSIFIED HOLDINGS LLC
(Exact name of registrant as specified in its charter)
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| Delaware
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0-51938
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20-3812051 |
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(Commission File Number)
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(I.R.S. Employer Identification |
| of incorporation)
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No.) |
Sixty One Wilton Road
Second Floor
Westport, CT 06880
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (203) 221-1703
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01. Other Events
On January 1, 2009, Compass Group Diversified Holdings LLC (“the Company”) adopted SFAS No. 160,
Noncontrolling Interests in Consolidated Financial Statements – an amendment of ARB No. 51 (“SFAS
160”), which amends ARB 51. SFAS 160 requires reporting entities to present noncontrolling
(minority) interests as equity (as opposed to as a liability or mezzanine equity) and provides
guidance on the accounting for transactions between an entity and noncontrolling interests. SFAS
160 became effective for fiscal years, and interim periods within those fiscal years, beginning on
or after December 15, 2008. The adoption of SFAS 160 affected the presentation of the Consolidated
Financial Statements, primarily by including non-controlling interest as a separate component of
stockholders’ equity on the Consolidated Statements of Financial Condition.
The presentation herein has been recast to show the effect of the adoption of SFAS 160 on a
retrospective basis.
The following items of the Company’s 2008 Annual Report on Form 10K as amended, are being adjusted
retrospectively: i.) Part 2, Item 6. Selected Financial Data; ii.) Item 7. Management’s
Discussion and Analysis of Financial Condition and Results of Operations, and iii.) Item 8.
Financial Statements and Supplemental Data are set forth on Exhibits 99.1, 99.2 and 99.3 hereto,
respectively, and are incorporated by reference herein. We have not modified or updated any other
disclosures presented in our 2008 Annual Report on Form 10K as amended.
Item 9.01. Financial Statements and Exhibits
See Exhibit Index.
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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.
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| Date: May 19, 2009 |
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COMPASS DIVERSIFIED
HOLDINGS |
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By:
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/s/ James J. Bottiglieri |
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James J. Bottiglieri |
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Regular Trustee |
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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.
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| Date: May 19, 2009 |
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COMPASS GROUP DIVERSIFIED |
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HOLDINGS LLC |
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By:
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/s/ James J. Bottiglieri |
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James J. Bottiglieri |
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Chief Financial Officer |
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