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): June 26, 2009
Delta Apparel, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Georgia
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(State or Other Jurisdiction
of Incorporation)
1-15583 58-2508794
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(Commission File Number) (IRS Employer Identification No.)
322 S. Main Street, Greenville, South Carolina 29601
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(Address of Principal Executive Offices) (Zip Code)
(864) 232-5200
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(Registrant's telephone number
including area code)
Not Applicable
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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 (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 1.01. Entry into a Material Definitive Agreement
On June 26, 2009, Delta Apparel, Inc. (the "Company"), Parkdale Mills,
Inc., a North Carolina corporation, and Parkdale America, LLC, a North Carolina
limited liability company (collectively, "Parkdale") entered into a First
Amendment to Yarn Supply Agreement (the "Amendment"), which amended the terms of
the Yarn Supply Agreement dated as of January 5, 2005 between the Company and
Parkdale (the "Yarn Supply Agreement"). Pursuant to the Yarn Supply Agreement,
the Company purchases from Parkdale all yarn required by the Company and its
wholly owned subsidiaries for use in its manufacturing operations (excluding
yarns that Parkdale did not manufacture as of the date of the Yarn Supply
Agreement in the ordinary course of its business or due to temporary Parkdale
capacity restraints). The Yarn Supply Agreement was filed as Exhibit 10.29 to
the Company's Form 10-Q filed on February 9, 2005.
Pursuant to the Amendment, the term of the Yarn Supply Agreement was
extended until December 31, 2011. In addition, pursuant to the Amendment, the
basis, waste factors, and conversion prices used to calculate the purchase price
of yarn purchased pursuant to the Yarn Supply Agreement were amended, with the
new pricing effective beginning on July 1, 2009.
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.
DELTA APPAREL, INC.
Date: July 1, 2009 /s/Deborah H. Merrill
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Deborah H. Merrill
Vice President, Chief Financial Officer and Treasurer