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SEC File Number 1-1445
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q [ ] Form N-SAR
For Period Ended:
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: __________________________________
If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:
___________________________________________________________________
PART I - REGISTRANT INFORMATION
Haverty Furniture Companies, Inc.
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Full Name of Registrant
780 Johnson Ferry Road, Suite 800,
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Address of Principal Executive Office (Street and Number)
Atlanta, Georgia 30342
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City, State and Zip Code
PART II - RULES 12B-25(b) and (c)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check box if
appropriate).
[ ] (a) The reasons described in reasonable detail in Part
III of this form could not been eliminated without
unreasonable effort or expense:
[X] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K or Form
N-SAR, or portion thereof, will be filed on or before
the fifteenth calendar day following the prescribed due
date; or the subject quarterly report or transition
report on Form 10-Q, or portion thereof, will be filed
on or before the fifth calendar day following the
prescribed due date; and
[ ] (c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached if
applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20F,
11-K, 10-Q, N-SAR, or the transition report portion thereof,
could not be filed within the prescribed time period.
As previously reported by Haverty Furniture Companies, Inc., in a
Current Report on Form 8-K filed May 2, 2005, the Company, like
many organizations, undertook an internal review of its lease
accounting practices in light of the communication issued by the
Office of the Chief Accountant of the Securities and Exchange
Commission in its February 7, 2005 letter to the American
Institute of Certified Public Accountants. Based on the analysis
and in consultation with its independent external auditors, and
with the concurrence of the Audit Committee of the Company's
Board of Directors it was determined that certain of the
Company's lease accounting practices were incorrect and that the
previously issued financial statements included in the Company's
fiscal 2004 Annual Report on Form 10-K should be restated. The
restated annual financial statements will be included in an
amendment to the Company's fiscal 2004 Form 10-K.
The Company is working diligently to complete its review of its
accounting for leases and to determine the necessary adjustments
to each of the reporting periods. Due to the time and effort
involved in determining the full effect of these adjustments on
the Company's previously issued financial statements and in
preparing its financial statement for the quarter ended March 31,
2005, the Company will not be in a position to timely file its
Quarterly Report on Form 10-Q for the quarter ended March 31,
2005 without unreasonable expense or effort.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification.
Dennis L. Fink 404-443-2900
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(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 19400 during the preceding 12 months or
for such shorter period that the registrant was required to file
such report(s) been filed? If answer is not, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results or
operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in
the subject report or portion thereof? [ ] Yes [X] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of the results cannot
be made.
HAVERTY FURNITURE COMPANIES, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: May 10, 2005 By: /s/ Dennis L. Fink
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Dennis L. Fink
Executive Vice President and
Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of
the registrant or by any other duly authorized representative.
The name and title of the person signing the form shall be typed
or printed beneath the signature. If the statement is signed on
behalf of the registrant by an authorized representative (other
than an executive officer), evidence of the representative's
authority to sign on behalf of the registrant shall be filed with
the form.
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ATTENTION
Intentional misstatements or omissions of fact constitute Federal
Criminal Violations (See 18 U.S.C. 1001).
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