UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-K/A
Amendment No. 2
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ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the Fiscal Year Ended December 31, 2004
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TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE |
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For the transition period from______to______. |
Commission File No.: 0-23038
CORRECTIONAL SERVICES CORPORATION
(Exact name of registrant as specified in its charter)
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DELAWARE |
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11-3182580 |
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(State or other jurisdiction of incorporation or organization) |
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(I.R.S. Employer Identification No.) |
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1819 Main Street, Sarasota, Florida |
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34236 |
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(Address of principal executive office) |
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(Zip Code) |
Registrant’s telephone number, including area code: (941) 953-9199
Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
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Title of each class
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Name of each exchange on which registered
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Common Stock, par value $.01 per share |
Nasdaq National Market |
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Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. x
Indicate by check mark whether the registrant is an accelerated filer. (as defined by Exchange Act Rule 12b-2). Yes o No x
At June 30, 2004, the aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant was $24,538,000.
At March 15, 2005, there were 10,166,940 outstanding shares of the Common Stock of the Registrant.
TABLE OF CONTENTS
Page
PART IV
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EXPLANATORY NOTE
This Amendment No. 2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2004, filed on March 31, 2005, as amended by Amendment No. 1 on Form 10-K/A filed on May 2, 2005, is being filed solely for the purposes of filing certain exhibits that were inadvertently omitted from such prior filings. We have made no further changes to the previously filed Form 10-K and Form 10-K/A. Other than as set forth below, the items of the Form 10-K and Form 10-K/A, as previously filed, continue to speak as of the date of the original filings thereof, and we are not updating the disclosure of such items.
PART IV
Item 15. Exhibits and Financial Statement Schedules.
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The following documents are filed as part of this report: |
| (3) Exhibits. The exhibits listed in the accompanying Index to Exhibits is filed as part of this amendment to the Annual Report. |
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Amendment No. 2 to this Annual Report to be signed on its behalf by the undersigned, thereunto duly authorized.
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CORRECTIONAL SERVICES CORPORATION | ||
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Registrant | ||
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By: |
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/s/ James F. Slattery
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James F. Slattery, President |
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Dated: November 3, 2005
In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
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Signature |
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Date
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/s/ James F. Slattery
James F. Slattery |
President and
Chief Executive Officer (Principal Executive Officer), Director |
November 3, 2005 | ||
| /s/ Bernard A. Wagner
Bernard A. Wagner |
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Senior Vice President and Chief Financial Officer (Principal Financial Officer) |
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November 3, 2005 |
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| /s/ Aaron Speisman
Aaron Speisman |
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Executive Vice President and Director |
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November 3, 2005 |
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| /s/ Stuart Gerson
Stuart Gerson |
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Chairman of the Board |
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November 3, 2005 |
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| /s/ Chet Borgida
Chet Borgida |
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Director |
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November 3, 2005 |
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| /s/ John H. Shuey
John H. Shuey |
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Director |
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November 3, 2005 |
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| /s/ Bobbie L. Huskey
Bobbie L. Huskey |
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Director |
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November 3, 2005 |
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| /s/ Melvin T. Stith
Melvin T. Stith |
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Director |
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November 3, 2005 |
CORRECTIONAL SERVICES CORPORATION
Item 15(a)(3)
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Exhibit Number |
Description |
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10.76 |
Employment Agreement, dated April 1, 2004, by and between the Company and Woodrow Harper |
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10.77 |
Employment Agreement, dated April 24, 2004, by and between the Company and Robert Matthews |
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10.78 |
Employment Agreement, dated March 5, 2003, by and between the Company and Jesse Williams |
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10.79 |
Amendment No. 3 to the Loan and Security Agreement, originally dated as of October 30, 2002, by and among the Company, CSC Management De Puerto Rico Inc., Youth Services International Holdings, Inc., Youth Services International Real Property Partnership, LLP, Youth Services International, Inc., Youth Services International of Northern Iowa, Inc., Youth Services International of South Dakota, Inc., Youth Services International of Missouri, Inc., Youth Services International of Texas, Inc., Youth Services International of Illinois, Inc., Youth Services International of Michigan, Inc. and General Electric Capital Corporation, dated as of November 2004 |
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10.80 |
Amendment No. 4 to the Loan and Security Agreement, originally dated as of October 30, 2002, by and among the Company, CSC Management De Puerto Rico Inc., Youth Services International Holdings, Inc., Youth Services International Real Property Partnership, LLP, Youth Services International, Inc., Youth Services International of Northern Iowa, Inc., Youth Services International of South Dakota, Inc., Youth Services International of Missouri, Inc., Youth Services International of Texas, Inc., Youth Services International of Illinois, Inc., Youth Services International of Michigan, Inc. and General Electric Capital Corporation, dated as of December 31, 2004 |
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10.81 |
Amendment No. 1 to Lease Agreement, originally dated as of January 1, 1994, by and between Myrtle Avenue Family Center, Inc. and the Company, dated December 31, 2003 |
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10.82 |
First Amendment to Lease, originally dated as of October 1, 1996, by and between Creston Central LLC (successor to Creston Realty Associates L.P.), dated as of October 1, 2001 |
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10.83 |
Indenture of Trust, dated as of June 1, 2003, between Washington Economic Development Finance Authority and U.S. Bank National Associate, as Trustee, relating to CSC of Tacoma LLC Detention Facility Project |
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10.84 |
Loan Agreement, dated as of June 1, 2003, between Washington Economic Development Finance Authority and CSC Of Tacoma LLC, relating to CSC of Tacoma LLC Project |
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10.85 |
Lease Agreement, entered into as of February 28, 2003, by and between Claude J. Yow and Frances M. Yow and the Company d/b/a Youth Services International |
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10.86 |
Lease Agreement, dated as of November 26, 1997, between Frio County and the Company |
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10.87 |
First Amendment to Lease Agreement, originally dated as of November 26, 1997, between Frio County and the Company, effective January 1, 2001 |
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10.88 |
Second Amendment to Lease Agreement, originally dated as of November 26, 1997, between Frio County and the Company, effective February 22, 2001 |
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10.89 |
Management Agreement, dated as of July 31, 2002, between Phoenix West Prison L.L.C. and the Company |
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10.90 |
Management Agreement, dated as of December 1, 2002, between Florence West Prison L.L.C. and the Company |
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10.91 |
Commercial-Industrial Lease Agreement, dated as of May 16, 1994, between Region Enterprises, Inc. and Esmor Fort Worth, Inc. |
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10.92 |
Lease Extension Agreement, dated December 14, 1999, between Region Enterprises, Inc. and Esmor Fort Worth, Inc. |
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10.93 |
Lease Extension Agreement, dated December 15, 1999, between Region Enterprises, Inc. and Esmor Fort Worth, Inc. |
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10.94 |
Use Agreement, dated as of June 30, 2003, between CSC of Tacoma LLC and the Company |