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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
DEPARTMENT 56 INCORPORATED
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
249509100
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(CUSIP Number)
December 31, 2002
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following page(s))
Page 1 of 7 Pages
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CUSIP No. 249509100
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Donald A. Yacktman
-------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [X]
-------- ----------------------------------------------------------------------
3 SEC USE ONLY
-------- ----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 74,000
-------- --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 32,200(1)
-------- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 74,000
-------- --------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 57,500(1)
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
131,500
-------- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
Not Applicable
-------- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.0%(2)
-------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
(1) Represents shares beneficially owned by Yacktman Asset Management Co.; the
undersigned holds 100% of the outstanding shares of capital stock of
Yacktman Asset Management Co.
(2) Based upon an aggregate of 13,074,155 shares outstanding at September 28,
2002.
Page 2 of 7 Pages
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CUSIP No. 249509100
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================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Yacktman Funds, Inc. - 36-3831621
-------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [X]
-------- ----------------------------------------------------------------------
3 SEC USE ONLY
-------- ----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
-------- --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
-------- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
-------- --------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH -0-
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
-------- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
Not Applicable
-------- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0%(1)
-------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IV
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(1) Based upon an aggregate of 13,074,155 shares outstanding at September 28,
2002.
Page 3 of 7 Pages
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CUSIP No. 249509100
--------------------------------------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Yacktman Asset Management Co. - 36-3780592
-------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [X]
N/A
-------- ----------------------------------------------------------------------
3 SEC USE ONLY
-------- ----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
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NUMBER OF 5 SOLE VOTING POWER
SHARES 32,200
-------- --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
-------- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 57,500
-------- --------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH -0-
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
57,500
-------- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
Not Applicable
-------- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%(1)
-------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
================================================================================
(1) Based upon an aggregate of 13,074,155 shares outstanding at September 28,
2002.
Page 4 of 7 Pages
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CUSIP No. 249509100
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This Amendment No. 6 to the undersigned's Schedule 13G, which was
originally filed on March 7, 1997 (the "Schedule 13G") with regard to Department
56 Incorporated (the "Issuer") is being filed to amend Items 4 and 5 of the
Schedule 13G. Except as expressly stated herein, there have been no material
changes in the information set forth in the Schedule 13G.
Item 4. Ownership:
Donald A. Yacktman
(a) Amount Beneficially Owned: 131,500
(b) Percent of Class: 1.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 74,000
(ii) shared power to vote or to direct the vote: 32,200
(iii) sole power to dispose or to direct the disposition of:
74,000
(iv) shared power to dispose or to direct the disposition of:
57,500
The Yacktman Funds, Inc.
(a) Amount Beneficially Owned: -0-
(b) Percent of Class: 0.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: -0-
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of: -0-
(iv) shared power to dispose or to direct the disposition of:
-0-
Yacktman Asset Management Co.
(a) Amount Beneficially Owned: 57,500
(b) Percent of Class: 0.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 32,200
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of:
57,500
(iv) shared power to dispose or to direct the disposition of:
-0-
Page 5 of 7 Pages
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CUSIP No. 249509100
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Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [X].
Exhibits.
1. Agreement to file Schedule 13G jointly.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 6, 2003.
/s/ Donald A. Yacktman
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Donald A. Yacktman
THE YACKTMAN FUNDS, INC.
By: /s/ Donald A. Yacktman
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Donald A. Yacktman
President
YACKTMAN ASSET MANAGEMENT CO.
By: /s/ Donald A. Yacktman
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Donald A. Yacktman
President
Page 6 of 7 Pages