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: June 6, 2002
Commission File No. 001-13783
INTEGRATED ELECTRICAL SERVICES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 76-0542208
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
1800 West Loop South
Suite 500
Houston, Texas 77027
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (713) 860-1500
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On June 6, 2002, Integrated Electrical Services, Inc. ("IES" or the "Company")
dismissed Arthur Andersen LLP ("Andersen") as its principal accountant and
engaged Ernst & Young LLP ("E&Y") as its principal accountant. The decision to
change principal accountants was recommended by the Audit Committee and was
approved by the Board of Directors of the Company. The change will be effective
immediately.
Andersen's reports on the consolidated financial statements of the Company for
the past two fiscal years did not contain an adverse opinion or a disclaimer of
opinion, nor were such reports qualified or modified as to uncertainty, audit
scope, or accounting principles. During the past two fiscal years and through
the date of this Current Report, there have been no disagreements with Andersen
on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which, if not resolved to the
satisfaction of Andersen, would have caused it to make reference to the subject
matter in connection with its reports on the Company's consolidated financial
statements for such years, nor have there been any reportable events as listed
in Item 304 (a) (1) (v) of Regulation S-K.
Andersen was provided with a copy of the statements made in the foregoing
paragraph and has furnished a letter addressed to the Commission stating that it
agrees with such statements. A copy of Andersen's letter dated June 6, 2002 is
attached hereto as Exhibit 16.1.
A copy of the press release issued by the Company regarding its change in
accountants is attached hereto as Exhibit 99.1
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(A) Financial Statements Not applicable.
(B) Pro Forma Financial Information
Not applicable.
(C) Exhibits
Exhibit Number Description
-------------- -----------
16.1 Letter from Arthur Andersen dated June 6, 2002
99.1 Press Release dated June 6, 2002
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
INTEGRATED ELECTRICAL SERVICES, INC.
Date: June 6, 2002 By: /s/ William W. Reynolds
--------------------------------
Name: William W. Reynolds
Title: Executive Vice President and
Chief Financial Officer
3
EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
-------------- -----------
16.1 Letter from Arthur Andersen
Dated June 6, 2002
99.1 Press Release dated June 6, 2002
4