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http://www.sec.gov/Archives/edgar/data/949373/000104746903027186/a2116520z10-ka.htm[9/11/2014 10:14:22 AM]
Indicate by check mark whether the Registrant is an accelerated filer (as defined in Rule 12b-2 of the Securities Exchange Act of
1934). Yes o No ý
The aggregate market value of the Common Stock held by non-affiliates of the registrant computed by reference to the closing sale price as
reported on the Over-the-Counter Bulletin Board on July 2, 2002 was $4,637,402.28.
As of April 30, 2003, 51,016,857 shares of Common Stock of the registrant were outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
None.
EXPLANATORY NOTE
This Amendment to the Annual Report on Form 10-K of New World Restaurant Group, Inc. is being filed to provide selected historical
income statement data and balance sheet data as of and for the fiscal years ended December 27, 1998 and December 26, 1999. As indicated in our
original Annual Report on Form 10-K (the "Original Filing"), we had determined not to include this information in the Original Filing, pending a
review of such data. Now that such review has been completed, we are amending the Original Filing to include the aforementioned selected
financial data.
Subsequent to the Original Filing, the Company completed a $160 million senior secured note offering and, therefore, added this information
to Note 19 to its financial statements. Accordingly, the Company's independent certified public accountants, Grant Thornton LLP, modified their
audit report to reflect this event. These changes are also included in this amendment to the Original Filing.
NEW WORLD RESTAURANT GROUP, INC.
FORM 10-K
INDEX
PART I 1
ITEM 1. BUSINESS 1
ITEM 2. PROPERTIES 11
ITEM 3. LEGAL PROCEEDINGS 12
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS 15
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 15
ITEM 6. SELECTED FINANCIAL DATA 16
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS
17
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 33
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 33
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
DISCLOSURES
33
PART III
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT 35
ITEM 11. EXECUTIVE COMPENSATION 37
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 41
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 44
ITEM 14. CONTROLS AND PROCEDURES 46
PART IV
ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K 47
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS