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 9, 2002
Hibbett Sporting Goods, Inc.
(Exact Name Of Registrant As Specified In Its Charter)
Commission file number: 000-20969
Delaware 63-1074067
-------------- --------------------
(State of (I.R.S. Employer
Incorporation) Identification No.)
451 Industrial Lane
Birmingham, Alabama 35211
(Address of Principal Executive Offices)
(205) 942-4292
(Registrant's telephone number, including area code)
TABLE OF CONTENTS
-----------------
FORM 8-K
ITEM 4 - Changes to Registrant's Certifying Accountant
ITEM 7 - Financial Statements, Pro Forma Financial Information and Exhibits
SIGNATURES
EXHIBIT INDEX
EX. 16 - Letter from Arthur Andersen to SEC
EX. 99 - Press Release
2
ITEM 4 - Changes to Registrant's Certifying Accountant
The Audit Committee of the Board of Directors of Hibbett Sporting Goods, Inc.
("Hibbett") annually considers and recommends to the Board the independent
public accountants for Hibbett. As recommended by the Audit Committee, Hibbett's
Board of Directors decided not to renew the engagement of its independent public
accountants, Arthur Andersen LLP ("Andersen") and selected KPMG LLP to serve as
Hibbett's independent public accountants for its fiscal year ending February 1,
2003.
During Hibbett's two most recent fiscal years ended February 2, 2002, and the
subsequent interim period through May 4, 2002, there were no disagreements
between Hibbett and Andersen on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure which,
if not resolved to Andersen's satisfaction, would have caused Andersen to make
reference to the subject matter of the disagreement in connection with its
reports. Andersen's reports on Hibbett's consolidated financial statements for
each of the fiscal years ended 2002 and 2001, did not contain an adverse opinion
or disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope or accounting principles.
Hibbett provided Andersen with a copy of the foregoing disclosure. Attached as
Exhibit 16 is a copy of Andersen's letter dated May 10, 2002, stating its
agreement with these statements.
Andersen's report on Hibbett's consolidated financial statements for the year
ended February 2, 2002, dated March 13, 2002, was issued on an unqualified basis
in conjunction with the filing of Hibbett's Annual Report on Form 10-K/A for the
year ended February 2, 2002, filed on May 3, 2002.
No reportable events described under Item 304(a)(1)(v) of Regulation S-K
occurred within Hibbett's two most recent fiscal years and subsequent interim
period through May 4, 2002.
During Hibbett's two most recent fiscal years ended February 2, 2002, and the
subsequent interim period through May 4, 2002, Hibbett did not consult with KPMG
LLP regarding any of the matters or events set forth in Item 304(a)(2)(i) and
(ii) of Regulation S-K.
3
ITEM 7 - Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Number Exhibit
------- -------------------------------------------------------
16 Letter dated May 10, 2002, from Arthur Andersen LLP to
the Securities and Exchange Commission regarding change
in certifying accountant.
99 Press Release dated May 15, 2002
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.
HIBBETT SPORTING GOODS, INC.
By /s/ Gary A. Smith
---------------------------------------
Gary A. Smith
Vice President and Chief Financial Officer
May 10, 2002
4
EXHIBIT INDEX
Exhibit Number Description
-------------- ---------------------------------------------------
16 Letter dated May 10, 2002, from Arthur Andersen LLP
to the Securities and Exchange Commission regarding
change in certifying accountant
99 Press Release dated May 15, 2002
5