Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
(Mark One)
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þ |
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2006
OR
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o |
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from
to
Commission File Number 001-12631
A. |
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Full title of the plan and address of the plan, if different from that of the issuer named
below: |
Consolidated Graphics, Inc. Employee 401(k) Savings Plan.
B. |
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Name of issuer of the securities held pursuant to the plan and the address of its principal
executive office: |
Consolidated Graphics, Inc.,
5858 Westheimer, Suite 200,
Houston, Texas 77057.
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
TABLE OF CONTENTS
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* |
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Other schedules required by Section 2520.103-10 of the Department of Labor Rules and
Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act
of 1974 (ERISA) have been omitted because they are not applicable. Schedule H, Item
4j-Reportable Transactions for the year ended December 31, 2006 has been omitted because
all investment transactions in the Plan were participant directed and therefore, not
applicable. |
Ham,
Langston &
Brezina,l.l.p.
Certified Public Accountants
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Plan Administrator
Consolidated Graphics, Inc. Employee 401(k) Savings Plan:
We have audited the accompanying Statements of Net Assets Available for Benefits of the
Consolidated Graphics, Inc. Employee 401(k) Savings Plan (the Plan) as of December 31, 2006 and
2005 and the related Statements of Changes in Net Assets Available for Benefits for the years then
ended. These financial statements are the responsibility of the Plans management. Our
responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall financial statement
presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material
respects, the net assets available for benefits of the Plan as of December 31, 2006 and 2005 and
the changes in net assets available for benefits for the years then ended in conformity with
accounting principles generally accepted in the United States of America.
Our audits were performed for the purpose of forming an opinion on the basic financial statements
taken as a whole. The supplemental schedules of assets held for investment purposes and delinquent
participant contributions are presented for the purpose of additional analysis and are not a
required part of the basic financial statements, but are supplementary information required by the
Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee
Retirement Income Security Act of 1974. These supplemental schedules and fund information have been
subjected to the auditing procedures applied in the audit of the basic financial statements and, in
our opinion, is fairly stated in all material respects in relation to the basic financial
statements taken as a whole.
/s/ Ham, Langston & Brezina, L.L.P.
Houston, Texas
June 27, 2007
-1-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, 2006 and 2005
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2006 |
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2005 |
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Assets: |
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Investments, at fair value: |
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Registered investment companies (mutual funds) |
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$ |
103,237,233 |
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$ |
93,793,487 |
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Common collective trust |
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17,351,582 |
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16,664,141 |
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Consolidated Graphics, Inc. common stock |
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4,607,359 |
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4,765,831 |
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Participant notes receivable, at cost |
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2,796,614 |
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2,504,633 |
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Total investments |
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127,992,788 |
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117,728,092 |
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Participants contributions receivable |
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351,615 |
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306,627 |
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Total assets |
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128,344,403 |
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118,034,719 |
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Liabilities: |
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Excess contributions payable |
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398,678 |
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203,551 |
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Total liabilities |
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398,678 |
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203,551 |
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Net assets available for benefits at fair value |
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127,945,725 |
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117,831,168 |
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Adjustment from fair value to contract value for interest
in common collective trust relating to fully benefit-responsive
investment contracts |
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1,069,338 |
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901,605 |
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Net assets available for benefits |
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$ |
129,015,063 |
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$ |
118,732,773 |
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The accompanying notes are an integral part of these financial statements.
- 2 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
for the years ended December 31, 2006 and 2005
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2006 |
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2005 |
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Additions to net assets attributed to: |
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Dividend and interest income |
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$ |
174,903 |
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$ |
149,501 |
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Net appreciation in fair value of investments |
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13,604,966 |
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8,284,762 |
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Total investment income |
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13,779,869 |
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8,434,263 |
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Contributions: |
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Employees |
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8,528,737 |
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7,810,188 |
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Rollovers from other plans |
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986,203 |
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520,508 |
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Total contributions |
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9,514,940 |
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8,330,696 |
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Total additions |
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23,294,809 |
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16,764,959 |
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Deductions from net assets attributed to: |
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Benefits and withdrawals |
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12,955,093 |
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9,927,795 |
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Trustee fees |
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57,426 |
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48,030 |
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Total deductions |
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13,012,519 |
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9,975,825 |
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Net increase in net assets available for benefits before transfers
from merged plans |
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10,282,290 |
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6,789,134 |
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Transfers from merged plans |
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14,507,998 |
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Net increase in net assets available for benefits |
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10,282,290 |
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21,297,132 |
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Net assets available for benefits, beginning of year |
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118,732,773 |
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97,435,641 |
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Net assets available for benefits, end of year |
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$ |
129,015,063 |
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$ |
118,732,773 |
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The accompanying notes are an integral part of these financial statements.
- 3 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
The following description of the Consolidated Graphics, Inc. (the Company) Employee 401(k)
Savings Plan (the Plan) provides only general information. Participants should refer to the
Plan agreement for a more complete description of the Plans provisions.
General
The Plan was established effective January 1, 1997 as a defined contribution plan covering all
full-time and regular part-time non-bargaining unit employees of the Company and its
participating subsidiaries who have completed one month of service and are age nineteen or
older. The Plan is subject to the provisions of the Employee Retirement Income Security Act of
1974 (ERISA).
There were no Plan mergers during the year ended December 31, 2006. The Company executed one
asset transfer agreement in 2005 to merge the 401(k) plan of an acquired printing business into
the Plan. The Kelmscott Communications 401(k) Plan was merged into the Plan as of July 15,
2005.
Administration
The Company created and appointed the members of the Retirement Committee to manage the Plan.
State Street Bank and Trust serves as the Plan trustee/custodian. ADP Retirement Services is
the recordkeeper for the Plan. Morgan Stanley is the Plan investment advisor. Plan
administrative expenses are either paid by the Plan or the Company.
Contributions
Each year, participants may contribute from 1% to 50% of their pretax annual compensation not
to exceed the limitation set forth in Section 402(g) ($15,000 in 2006 and $14,000 in 2005).
Participants may make catch-up contributions, pre-tax contributions that exceed the annual
elective deferral limit, during any calendar year ending on or after the participants
50th birthday. Participants total catch-up contributions during 2006 and 2005
cannot exceed $5,000 and $4,000, respectively. Participants may also make rollover
contributions from other qualified plans. Participants direct the investment of their
contributions into various investment options offered by the Plan. Although the Plan holds
shares of Consolidated Graphics, Inc. common stock, such stock is no longer an investment
option as of December 31, 1999.
The Plan also provides for discretionary employer matching contributions not exceeding 6% of an
employees annual compensation. Additional amounts may also be contributed by the employer at
the option of the Companys board of directors. During 2006 and 2005, the Company made no
discretionary contributions to the Plan.
- 4 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
1. |
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Description of Plan, continued |
Participant Accounts
Each participants account is credited with the participants contributions and allocations of
(i) Plan earnings and (ii) discretionary contributions made by the Company, if any, and charged
with an allocation of administrative expenses. Allocations are based on participants
compensation or account balances, as described in the Plan. Upon the occurrence of a
distribution event, the benefit to which the participant is entitled is the benefit that can be
provided from the participants vested interest in his or her account.
Vesting
Participants are immediately vested in their elective contributions, plus any earnings on such
contributions and any qualified employer matching contributions. The vesting of certain
discretionary employer contributions plus any earnings thereon is based on years of continuous
service accrued by the participant while in covered employment. A participant vests at a rate
of 20% per year until fully vested after five years of credited service.
Participant Notes Receivable
Participants may borrow from their fund accounts at a minimum of $500 up to a maximum equal to
the lesser of $50,000 or 50% of the participants vested account balance. Loan terms range
from 1 to 5 years or up to 30 years for the purchase of a primary residence. The loans are
secured by the vested balance in the participants account and bear interest at the current
Wall Street prime rate, re-determined monthly, plus 1%, with the resulting interest rate fixed
over the term of the loan. Principal and interest payments are made by means of payroll
withholdings according to the terms of the respective promissory note.
Payment of Benefits
Upon termination of employment due to death or retirement, a participant (or his or her
designated beneficiary in the event of death) may elect to receive either a lump-sum amount
equal to the value of the participants vested interest in his or her account, or to have the
account balance distributed in installments. For termination of employment due to other
reasons, the vested interest in his or her account will be distributed as a lump-sum
distribution.
Forfeited Accounts
All employer contributions, if any, credited to a participants account, but not vested, are
forfeited by the participant upon distribution of the fully vested value of his or her account
(or his or her designated beneficiary in the event of death). Forfeitures are generally used
to pay Plan expenses or to reduce employer contributions. Although the Plan allows for
discretionary matching contributions by the Company, no matching contributions have been
contributed to participants. Thus, forfeitures do not normally occur in the Plan. However,
other plans which have merged into the Plan may have forfeiture balances which are transferred
into the Plan. Forfeiture balances were $39,793 and $68,201 at December 31, 2006 and 2005,
respectively, and $30,517 and $26,977 were used to pay administrative expenses during the
years ended December 31, 2006 and 2005, respectively.
- 5 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(K) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
1. |
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Description of Plan, continued |
Plan Termination
Although it has not expressed any intent to do so, the Company has the right to terminate the
Plan subject to the provisions of ERISA. In the event of Plan termination, participants will
become 100% vested in any previously non-vested account balances.
2. |
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Summary of Significant Accounting Policies |
Basis of Accounting
The financial statements of the Plan are prepared under the accrual method of accounting in
accordance with accounting principles generally accepted in the United States of America.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally
accepted in the United States of America requires management to make estimates and assumptions
that affect the reported amount of net assets available for plan benefits and changes therein.
Actual results could differ from those estimates.
Recent Accounting Pronouncements
In December 2005, the Financial Accounting Standards Board (FASB) issued FASB Staff Position
AAG INV-1 and SOP 94-4-1, Reporting of Fully Benefit-Responsive Investment Contracts Held by
Certain Investment Companies Subject to the AICPA Investment Company Guide and
Defined-Contribution Health and Welfare and Pension Plans (the FSP), which requires
investment contracts to be reported at fair value. However, contract value is the relevant
measurement attribute for that portion of the net assets available for benefits of a
defined-contribution plan attributable to fully benefit-responsive investment contracts because
contract value is the amount participants would receive if they were to initiate permitted
transactions under the terms of the Plan. The FSP defines the circumstances in which an
investment contract is considered fully benefit-responsive, and provides certain reporting and
disclosure requirements for fully benefit-responsive investment contracts in defined
contribution health and welfare and pension plans. The financial statement presentation and
disclosure provisions of the FSP are effective for financial statements issued for annual
periods ending after December 15, 2006, and are required to be applied retroactively to all
prior periods presented for comparative purposes. The Plan has adopted the provisions of the
FSP at December 31, 2006.
As required by the FSP, investments in the accompanying Statements of Net Assets Available for
Benefits include fully benefit-responsive investment contracts recognized at fair value. AICPA
Statement of Position 94-4-1, Reporting of Investment Contracts Held by Health and Welfare
Benefit
- 6 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
2. |
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Summary of Significant Accounting Policies, continued |
Plans and Defined Contribution Pension Plans, as amended, requires fully benefit-responsive
investment contracts to be reported at fair value in the Plans Statement of Net Assets
Available for Benefits with a corresponding adjustment to reflect these investments at contract
value. The Plan invests in investment contracts through a common collective trust, the Morgan
Stanley Stable Value Fund, and accordingly, the requirements of the FSP have been applied
retroactively to the Statement of Net Assets Available for Benefits as of December 31, 2005,
presented for comparative purposes. Adoption of the FSP had no effect on the Statement of
Changes in Net Assets Available for Benefits for any period presented.
In September 2006, the FASB issued Statement of Financial Accounting Standards No. 157, Fair
Value Measurements (SFAS 157). SFAS 157 defines fair value, establishes a framework for
measuring fair value, and expands disclosures about fair value measurements and applies to
reporting periods beginning after November 15, 2007. Based on current assets held by the Plan,
the Plans management does not expect the adoption of SFAS 157 to have a material impact on the
Plans financial statements.
Risks and Uncertainties
The Plan provides for various investment options. These investment options are exposed to
market risk, which generally means the risk of loss in the value of certain investment
securities due to changes in interest rates, security and commodity prices and general market
conditions. Due to the level of risk associated with certain investment securities and the
level of uncertainty related to changes in the value of investment securities, it is reasonably
possible that changes in risks in the near term could materially affect participants account
balances and the amounts reported in the statement of net assets available for benefits and the
statement of changes in net assets available for benefits.
Investment Valuation
The Plans investments are stated at fair value. Shares of registered investment companies are
valued at quoted market prices which represent the net asset value of shares held by the Plan
at year end, and the Plans interest in the common collective trust is valued based on
information reported by the investment advisor using the audited financial statements of the
collective trust at year-end. The Companys common stock is valued at its quoted market price.
Participant notes receivable are valued at cost which approximates fair value.
Purchases and sales of securities are recorded on a trade-date basis. Interest income is
recorded on the accrual basis. Dividends are recorded on the ex-dividend date.
Net Appreciation in Fair Value of Investments
The Plan presents in the statement of changes in net assets available for benefits the net
appreciation in the fair value of its investments which consists of the realized gains or
losses on sale of investments and unrealized appreciation or depreciation on those investments.
Payment of Benefits
Benefits are recorded when paid.
- 7 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
The following investments each represent five percent or more of the Plans net assets at
December 31, 2006 and 2005:
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2006 |
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2005 |
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Davis Opportunity (formerly Davis Growth Opportunity) Fund |
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$ |
6,455,628 |
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$ |
** |
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Davis New York Venture Fund |
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9,509,018 |
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8,554,792 |
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Franklin Balance Sheet Investment Fund |
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7,072,348 |
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|
7,149,810 |
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Franklin Small Mid-Cap Growth Fund |
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** |
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6,135,004 |
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ING International Value Fund |
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10,026,598 |
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|
7,583,993 |
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Morgan Stanley Focus Growth (formerly MS American
Opportunities) Fund |
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|
7,956,788 |
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|
8,482,802 |
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Morgan Stanley Stable Value Fund |
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|
17,351,582 |
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|
16,664,141 |
|
Morgan Stanley S&P 500 Index Fund |
|
|
12,325,743 |
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|
11,428,864 |
|
Oppenheimer Global Fund |
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|
11,486,701 |
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|
10,044,239 |
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Van Kampen Strategic Growth (formerly Van Kampen Emerging
Growth) Fund |
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|
7,611,768 |
|
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|
7,895,382 |
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Investments less than 5% of the Plans net assets |
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38,196,614 |
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|
33,789,065 |
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Total investments |
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$ |
127,992,788 |
|
|
$ |
117,728,092 |
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** |
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Less than 5% of plan assets in the period indicated. |
During the years ended December 31, 2006 and 2005, the Plans investments (including gains and
losses on investments bought and sold, as well as held during the year) appreciated in value as
follows:
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2006 |
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2005 |
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|
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Registered investment companies (mutual funds) |
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$ |
11,711,590 |
|
|
$ |
7,537,235 |
|
Common collective trusts |
|
|
801,563 |
|
|
|
610,909 |
|
Consolidated Graphics, Inc. common stock |
|
|
1,091,813 |
|
|
|
136,618 |
|
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|
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|
|
|
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|
|
|
|
|
|
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Net appreciation in fair value of investments |
|
$ |
13,604,966 |
|
|
$ |
8,284,762 |
|
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|
|
|
|
|
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4. |
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Party-in-Interest Transactions |
The Plan invests in participant loans and in mutual funds and a common collective trust
established and operated by Morgan Stanley, the Plans investment advisor, and has investments
in the Companys common stock. These transactions qualify as party-in-interest transactions,
as defined by ERISA. Such transactions are permitted under the provisions of the Plan and are
exempt from the prohibition of party-in-interest transactions under ERISA.
Fees paid by the Company, on behalf of the Plan, were $1,790 and $4,688 for the years ended
December 31, 2006 and 2005, respectively.
- 8 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
The Plan is based on a standardized prototype plan. The prototype plan received an opinion
letter from the IRS dated May 3, 2002. The Plan trustee and administrator believe that the
Plan is designed and is currently being operated in compliance with the applicable requirements
of the Internal Revenue Code (the IRC) of 1986, as amended, and accordingly, that the trust
maintained in connection with the Plan is tax-exempt.
6. |
|
Excess Contributions Payable |
The Plan did not satisfy the nondiscrimination test under IRC Section 401(k)(3) for the 2006
and 2005 Plan years. To comply with such nondiscrimination test, the Plan made required
distributions of excess contributions of $398,678 and $203,551, including any income
attributable thereto, to highly compensated employees by March 15, 2007 and 2006,
respectively.
7. |
|
Reconciliation of Plan Financial Statements to Form 5500 |
The following is a reconciliation of the net assets available for benefits per the financial
statements to the Form 5500 as of December 31, 2006 and 2005:
|
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|
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|
|
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2006 |
|
|
2005 |
|
|
|
|
|
|
|
|
|
|
Net assets available for benefits per the financial statements |
|
$ |
129,015,063 |
|
|
$ |
118,732,773 |
|
|
|
|
|
|
|
|
|
|
Plus: Excess contributions payable from current year |
|
|
398,678 |
|
|
|
203,551 |
|
|
|
|
|
|
|
|
|
|
Minus: Contributions receivable from current year |
|
|
351,615 |
|
|
|
306,627 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net assets available for benefits per Form 5500 |
|
$ |
129,062,126 |
|
|
$ |
118,629,697 |
|
|
|
|
|
|
|
|
The following is a reconciliation of the net increase in net assets available for benefits per
the financial statements to the Form 5500 for the years ended December 31, 2006 and 2005:
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2006 |
|
|
2005 |
|
|
|
|
|
|
|
|
|
|
Net increase in net assets available for benefits per
the financial statements |
|
$ |
10,282,290 |
|
|
$ |
21,297,132 |
|
|
|
|
|
|
|
|
|
|
Plus: Excess contributions payable from current year |
|
|
398,678 |
|
|
|
203,551 |
|
Contributions receivable from prior year |
|
|
306,627 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Minus: Contributions receivable from current year |
|
|
351,615 |
|
|
|
306,627 |
|
Excess contributions payable from prior year |
|
|
203,551 |
|
|
|
262,113 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net increase in net assets available for plan benefits per
Form 5500 |
|
$ |
10,432,429 |
|
|
$ |
20,931,943 |
|
|
|
|
|
|
|
|
- 9 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
8. |
|
Prohibited Transactions |
On one occasion during the 2006 Plan year, participant 401(k) contributions totaling $3,379
were not forwarded to the trustee of the Plan by the fifteenth business day of the month
following the month in which such contributions were withheld from the pay of such
participants. In this case, such contributions were subsequently contributed to the trust for
the Plan. Earnings of $203 as calculated from such fifteenth business day to the date such
contributions were deposited in the trust were made prior to December 31, 2006.
- 10 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
SCHEDULE H, ITEM 4a SCHEDULE OF DELINQUENT PARTICIPANT CONTRIBUTIONS
YEAR ENDED DECEMBER 31, 2006
EIN: 76-0190827
PN: 010
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amounts Corrected |
|
|
|
|
|
|
Outside VFCP |
Identity of |
|
Relationship |
|
|
|
(Voluntary Fiduciary |
Party Involved |
|
to Plan |
|
Description of the Issue |
|
Correction Program)* |
|
|
|
|
|
|
|
|
|
Consolidated
Graphics, Inc.
|
|
Employer
|
|
Consolidated Graphics, Inc. Employee 401(k) Savings Plan
failed to timely remit (as determined under DOL regulations)
participant contributions for the month ended December 31,
2006 to the trust containing assets of the Plan.
|
|
$ |
3,379 |
|
|
|
|
* |
|
The Plan accounts of affected participants have been credited with earnings to make up for
amounts that could have been earned on the participant contributions had they been deposited
to the Plans trust on a timely basis. |
- 11 -
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401 (k) SAVINGS PLAN
SCHEDULE H, ITEM 4i SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2006
EIN: 76-0190827
PN: 010
|
|
|
|
|
|
|
|
|
|
|
(b) Identity of Issue, |
|
(c) Description of Investment, Including |
|
|
|
|
Borrower, Lessor or |
|
Maturity Date, Rate of Interest, |
|
(e)Market |
(a) |
|
Similar Party |
|
Collateral, Par or Maturity Value |
|
Value* |
|
|
|
|
|
|
|
|
|
**
|
|
Consolidated Graphics, Inc.
|
|
Consolidated Graphics, Inc. common stock
|
|
$ |
4,607,359 |
|
**
|
|
Morgan Stanley
|
|
MS Stable Value Fund
|
|
|
17,351,582 |
*** |
**
|
|
Morgan Stanley
|
|
MS S&P 500 Index Fund
|
|
|
12,325,743 |
*** |
|
|
Oppenheimer
|
|
Oppenheimer Global Fund
|
|
|
11,486,701 |
*** |
|
|
ING
|
|
ING International Value Fund
|
|
|
10,026,598 |
*** |
|
|
Davis
|
|
Davis New York Venture Fund
|
|
|
9,509,018 |
*** |
**
|
|
Morgan Stanley
|
|
MS Focus Growth (formerly MS American
Opportunities) Fund
|
|
|
7,956,788 |
*** |
|
|
Van Kampen
|
|
Van Kampen Strategic Growth (formerly Van
Kampen Emerging Growth) Fund
|
|
|
7,611,768 |
*** |
|
|
Franklin
|
|
Franklin Balance Sheet Investment Fund
|
|
|
7,072,348 |
*** |
|
|
Davis
|
|
Davis Opportunity (formerly Davis Growth
Opportunity) Fund
|
|
|
6,455,628 |
*** |
|
|
Franklin
|
|
Franklin Small-Mid Cap Growth Fund
|
|
|
6,292,213 |
|
|
|
Van Kampen
|
|
Van Kampen Growth & Income (formerly
Van Kampen Growth) Fund
|
|
|
4,893,126 |
|
|
|
Calvert
|
|
Calvert Income Fund
|
|
|
4,857,946 |
|
|
|
Van Kampen
|
|
Van Kampen Equity & Income Fund
|
|
|
3,900,395 |
|
**
|
|
Morgan Stanley
|
|
MS U.S. Government Securities Trust
|
|
|
3,515,250 |
|
|
|
Van Kampen
|
|
Van Kampen Mid Cap Growth (formerly
Van Kampen Growth & Income) Fund
|
|
|
3,145,517 |
|
**
|
|
Morgan Stanley
|
|
MS Strategist Fund
|
|
|
1,404,711 |
|
|
|
Phoenix
|
|
Phoenix Mid Cap Value Fund
|
|
|
1,284,199 |
|
|
|
Pioneer
|
|
Pioneer Oak Ridge Small Cap Growth Fund
|
|
|
930,086 |
|
|
|
Franklin
|
|
Franklin Rising Dividend Fund
|
|
|
386,595 |
|
|
|
Calvert
|
|
Calvert New Vision Small Cap Fund
|
|
|
182,603 |
|
**
|
|
Participant Loans
|
|
Loans bearing interest at rates ranging
from 5.0% to 10.5% per year
|
|
|
2,796,614 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
127,992,788 |
|
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
Cost information is not presented because all investments are participant directed. |
|
** |
|
Represents party-in-interest transactions. |
|
*** |
|
Represents investments comprising at least 5% of net assets available for benefits. |
- 12 -
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE TRUSTEE (OR OTHER PERSONS
WHO ADMINISTER THE PLAN) HAS DULY CAUSED THIS ANNUAL REPORT TO BE SIGNED ON ITS BEHALF BY THE
UNDERSIGNED HEREUNTO DULY AUTHORIZED.
|
|
|
|
|
|
Consolidated Graphics, Inc.
Employee 401(k) Savings Plan
|
|
|
By: |
/s/ G. Christopher Colville
|
|
|
|
G. Christopher Colville |
|
|
|
Member of the Consolidated Graphics, Inc.
Employee 401(k) Savings Plan
Retirement Committee |
|
|
Date: June 28, 2007
- 13 -
EXHIBIT INDEX
|
|
|
Exhibit Number |
|
Description |
|
|
|
23.1
|
|
Consent of Independent Registered Public Accounting Firm |
- 14 -