Form 11-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
(Mark One)
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þ |
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2008
OR
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o |
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
Commission File Number 001-12631
A. |
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Full title of the plan and address of the plan, if different from that of the issuer named
below: |
Consolidated Graphics, Inc. Employee 401(k) Savings Plan.
B. |
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Name of issuer of the securities held pursuant to the plan and the address of its principal
executive office: |
Consolidated Graphics, Inc.,
5858 Westheimer, Suite 200,
Houston, Texas 77057.
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
TABLE OF CONTENTS
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* |
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Other supplemental schedules required by Section 2520-103.10 of the Department of Labors
Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974 (ERISA) have been omitted because they are not applicable. |
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Retirement Committee
Consolidated Graphics, Inc. Employee 401(k) Savings Plan
We have audited the accompanying Statements of Net Assets Available for Benefits of the
Consolidated Graphics, Inc. Employee 401(k) Savings Plan (the Plan) as of December 31, 2008 and
2007 and the related Statements of Changes in Net Assets Available for Benefits for the years then
ended. These financial statements are the responsibility of the Plans management. Our
responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall financial statement
presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material
respects, the net assets available for benefits of the Plan as of December 31, 2008 and 2007 and
the changes in net assets available for benefits for the years then ended in conformity with
accounting principles generally accepted in the United States of America.
Our audits were performed for the purpose of forming an opinion on the basic financial statements
taken as a whole. The supplemental schedule of assets held for investment purposes as of December
31, 2008 is presented for the purpose of additional analysis and is not a required part of the
basic financial statements, but is supplementary information required by the Department of Labors
Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security
Act of 1974. This supplemental schedule is the responsibility of the Plans management. This
supplemental schedule has been subjected to the auditing procedures applied in the audit of the
basic financial statements and, in our opinion, is fairly stated in all material respects in
relation to the basic financial statements taken as a whole.
/s/ Ham, Langston & Brezina, L.L.P.
Houston, Texas
June 26, 2009
-1-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, 2008 and 2007
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2008 |
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2007 |
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Assets: |
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Investments, at fair value |
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$ |
84,403,411 |
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$ |
131,197,590 |
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Participants contributions receivable |
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56,479 |
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63,964 |
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Total assets |
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84,459,890 |
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131,261,554 |
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Liabilities: |
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Excess contributions payable |
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309,256 |
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617,513 |
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Total liabilities |
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309,256 |
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617,513 |
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Net assets available for benefits at fair value |
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84,150,634 |
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130,644,041 |
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Adjustment from fair value to contract value for interest
in common collective trust relating to fully benefit-responsive
investment contracts |
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2,975,801 |
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621,270 |
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Net assets available for benefits |
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$ |
87,126,435 |
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$ |
131,265,311 |
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The accompanying notes are an integral part of these financial statements.
-2-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
for the years ended December 31, 2008 and 2007
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2008 |
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2007 |
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Investment (loss) income: |
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Dividend and interest income |
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$ |
900,902 |
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$ |
1,104,361 |
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Net (depreciation) appreciation in fair value
of investments |
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(41,443,079 |
) |
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6,966,460 |
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Total investment (loss) income |
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(40,542,177 |
) |
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8,070,821 |
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Contributions: |
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Employees |
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8,080,883 |
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8,483,934 |
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Rollovers from other plans |
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371,981 |
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701,890 |
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Total contributions |
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8,452,864 |
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9,185,824 |
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Total investment (loss) income and contributions |
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(32,089,313 |
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17,256,645 |
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Deductions from net assets attributed to: |
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Benefits and withdrawals |
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12,014,039 |
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14,977,625 |
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Trustee fees |
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35,524 |
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28,772 |
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Total deductions |
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12,049,563 |
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15,006,397 |
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Net (decrease) increase in net assets available for benefits |
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(44,138,876 |
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2,250,248 |
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Net assets available for benefits, beginning of year |
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131,265,311 |
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129,015,063 |
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Net assets available for benefits, end of year |
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$ |
87,126,435 |
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$ |
131,265,311 |
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The accompanying notes are an integral part of these financial statements.
-3-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
The following description of the Consolidated Graphics, Inc. (the Company) Employee 401(k)
Savings Plan (the Plan) provides only general information. Participants should refer to the
Plan agreement for a more complete description of the Plans provisions.
General
The Plan was established effective January 1, 1997, as a defined contribution plan. All
employees of the Company and any Affiliated Employer which has adopted the Plan, who have
attained the age of 19 and completed at least one (1) month of service are eligible to
participate in the Plan, except (i) union employees, unless participation in the Plan has been
negotiated by a collective bargaining unit and the Company or an Affiliated Employer, (ii)
non-resident aliens, (iii) leased employees, and (iv) individuals classified as independent
contractors.
Administration
The Company created and appointed the members of the Retirement Committee to manage the Plan.
State Street Bank and Trust serves as the Plan trustee/custodian. ADP Retirement Services is
the recordkeeper for the Plan. Morgan Stanley is the Plan investment advisor.
Contributions
Each year, participants may contribute from 1% to 50% of their pretax annual compensation not
to exceed the limitation set forth in Internal Revenue Code (IRC) Section 402(g) ($15,500 in
both 2008 and 2007). Participants may make catch-up contributions, pre-tax contributions that
exceed the annual elective deferral limit, during any calendar year ending on or after the
participants 50th birthday. Participants total catch-up contributions during 2008
and 2007 cannot exceed $5,000 in either year. Participants may also make rollover
contributions from other qualified plans. Participants direct the investment of their
contributions into various investment options offered by the Plan. Although the Plan holds
shares of Consolidated Graphics, Inc. common stock, no participant can elect to invest
additional funds in this stock after December 31, 1999.
The Plan also provides for discretionary employer matching contributions not exceeding 6% of an
employees annual compensation. Additional amounts may also be contributed by the employer at
the option of the Companys board of directors. During 2008 and 2007, the Company made no
discretionary contributions to the Plan.
Participant Accounts
Each participants account is credited with the participants contributions and allocations of
(i) Plan earnings and (ii) discretionary contributions made by the Company, if any, and charged
with an allocation of administrative expenses. Allocations are based on participants
compensation or account balances, as described in the Plan. Upon the occurrence of a
distribution event, the benefit to which the participant is entitled is the benefit that can be
provided from the participants vested interest in his or her account.
-4-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
1. |
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Description of Plan, continued |
Vesting
Participants are immediately vested in their elective contributions, plus any earnings on such
contributions and any qualified employer matching contributions. The vesting of certain
discretionary employer contributions plus any earnings thereon is based on years of continuous
service accrued by the participant while in covered employment. A participant vests at a rate
of 20% per year until fully vested after five years of credited service.
Participant Loans
Participants may borrow from their fund accounts at a minimum of $500 up to a maximum equal to
the lesser of $50,000 or 50% of the participants vested account balance. Loan terms range
from 1 to 5 years or up to 30 years for the purchase of a primary residence. The loans are
secured by the vested balance in the participants account and bear interest at the current
Wall Street prime rate, re-determined monthly, plus 1%, with the resulting interest rate fixed
over the term of the loan. Principal and interest payments are made by means of payroll
withholdings according to the terms of the respective promissory note.
Payment of Benefits
Upon termination of employment due to death or retirement, a participant (or his or her
designated beneficiary in the event of death) may elect to receive either a lump-sum amount
equal to the value of the participants vested interest in his or her account, or to have the
account balance distributed in installments. For termination of employment due to other
reasons, the vested interest in his or her account will be distributed as a lump-sum
distribution.
Forfeited Accounts
All employer contributions, if any, credited to a participants account, but not vested, are
forfeited by the participant upon distribution of the fully vested value of his or her account
(or his or her designated beneficiary in the event of death). Forfeitures are generally used
to pay Plan expenses or to reduce employer contributions. Although the Plan allows for
discretionary matching contributions by the Company, no matching contributions have been
contributed to participants. Thus, forfeitures do not normally occur in the Plan. However,
other plans which have merged into the Plan may have forfeiture balances which are transferred
into the Plan. Forfeiture balances were $40,675 and $47,746 at December 31, 2008 and 2007,
respectively, and $8,944 and $2,475 were used to pay administrative expenses during the years
ended December 31, 2008 and 2007, respectively.
Plan Termination
Although it has not expressed any intent to do so, the Company has the right to terminate the
Plan subject to the provisions of ERISA. In the event of Plan termination, participants will
become 100% vested in any previously non-vested account balances.
Administrative Expenses
All administrative fees of the Plan may be paid by the Company or the Plan with the exception
of loan set-up and maintenance fees which are paid by participants. Fees paid by the Company
on behalf of the Plan were $14,473 and $22,746 for the years ended December 31, 2008 and 2007,
respectively.
-5-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
2. |
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Summary of Significant Accounting Policies |
Basis of Accounting
The financial statements of the Plan are prepared under the accrual method of accounting in
accordance with accounting principles generally accepted in the United States of America.
As described in Financial Accounting Standards Board Staff Position, FSP AAG INV-1 and SOP
94-1-1, Reporting of Fully Benefit-Responsive Investment Contracts Held by Certain Investment
Companies Subject to the AICPA Investment Company Guide and Defined-Contribution Health and
Welfare and Pension Plans (the FSP), investment contracts held by a defined-contribution plan
are required to be reported at fair value. However, contract value is the relevant
measurement attribute for that portion of the net assets available for benefits of a
defined-contribution plan attributable to fully benefit-responsive investment contracts
because contract value is the amount participants would receive if they were to initiate
permitted transactions under the terms of the Plan. As required by the FSP, the Statement of
Net Assets Available for Benefits presents the fair value of the investment contracts as well
as the adjustment of the fully benefit-responsive investment contracts from fair value to
contract value. The Statement of Changes in Net Assets Available for Benefits is prepared on
a contract value basis.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally
accepted in the United States of America requires management to make estimates and assumptions
that affect the reported amount of net assets available for benefits and changes therein.
Actual results could differ from those estimates.
Recent Accounting Pronouncements
In September 2006, the Financial Accounting Standards Board (FASB) issued Statement of
Financial Accounting Standards No. 157, Fair Value Measurements (SFAS 157). SFAS 157 defines
fair value, establishes a framework for measuring fair value, and expands disclosures about
fair value measurements. SFAS 157 was effective for the Plan on January 1, 2008. The adoption
of SFAS 157 did not have a significant impact on the Plans financial statements.
Risks and Uncertainties
The Plan provides for various investment options. These investment options are exposed to
market risk, which generally means the risk of loss in the value of certain investment
securities due to changes in interest rates, security and commodity prices and general market
conditions. Due to the level of risk associated with certain investment securities and the
level of uncertainty related to changes in the value of investment securities, it is reasonably
possible that changes in risks in the near term could materially affect participants account
balances and the amounts reported in the statement of net assets available for benefits and the
statement of changes in net assets available for benefits.
-6-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
2. |
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Summary of Significant Accounting Policies, continued |
Investment Valuation
The Plans investments are stated at fair value. Shares of registered investment companies
are valued at quoted market prices which represent the net asset value of shares held by the
Plan at year end, and the Plans interest in the common collective trust is valued based on
information reported by the investment advisor using the audited financial statements of the
collective trust at year-end. The Plan invests in a unitized common stock fund. The common
stock fund invests primarily in the Companys common stock, which is valued at its quoted
market price. Participant loans are valued at cost which approximates fair value. Purchases
and sales of securities are recorded on a trade-date basis. Interest income is recorded on
the accrual basis. Dividends are recorded on the ex-dividend date.
Net (Depreciation) Appreciation in Fair Value of Investments
The Plan presents in the statement of changes in net assets available for benefits the net
(depreciation) appreciation in the fair value of its investments, which consists of the
realized gains or losses on sale of investments and unrealized (depreciation) appreciation on
those investments.
Benefit Payments
Benefits are recorded when paid.
The following investments each represent five percent or more of the Plans net assets at
December 31, 2008 and 2007:
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2008 |
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2007 |
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Morgan Stanley Stable Value Fund |
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$ |
13,438,372 |
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$ |
15,914,417 |
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Morgan Stanley Focus Growth Fund-I |
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7,711,168 |
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9,408,817 |
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Morgan Stanley S&P 500 Index Fund-I |
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7,216,898 |
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|
12,258,507 |
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Oppenheimer Global Fund-A |
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6,437,073 |
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|
11,733,544 |
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ING International Value Fund-A |
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6,132,758 |
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11,317,674 |
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Davis New York Venture Fund-A |
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5,453,117 |
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9,618,948 |
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Calvert Income Fund-A |
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4,639,827 |
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* |
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Van Kampen Strategic Growth Fund-A |
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* |
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7,868,366 |
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Franklin Small-Mid Cap Growth Fund-A |
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* |
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6,563,761 |
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Investments less than 5% of the Plans net assets |
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33,374,198 |
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46,513,556 |
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Total investments |
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$ |
84,403,411 |
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$ |
131,197,590 |
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* |
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Less than 5% of plan assets in the period indicated. |
-7-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
3. |
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Investments, continued |
During the years ended December 31, 2008 and 2007, the Plans investments (including gains and
losses on investments bought and sold, as well as held during the year) (depreciated)
appreciated in value as follows:
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2008 |
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2007 |
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Registered investment companies (mutual funds) |
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$ |
(40,027,740 |
) |
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$ |
7,585,044 |
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Consolidated Graphics, Inc. common stock fund |
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(1,415,339 |
) |
|
|
(618,584 |
) |
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Net (depreciation) appreciation in fair value of investments |
|
$ |
(41,443,079 |
) |
|
$ |
6,966,460 |
|
|
|
|
|
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4. |
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Fair Value Measurements |
Financial Accounting Standards Board Statement No. 157, Fair Value Measurements (FASB
Statement No. 157), establishes a framework for measuring fair value. That framework provides
a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure
fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active
markets for identical assets or liabilities (level 1 measurements) and the lowest priority to
unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy under
FASB Statement No. 157 are described below:
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Level 1
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Inputs to the valuation methodology are unadjusted quoted prices for
identical assets or liabilities in active markets that the Plan has the ability to
access. |
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Level 2
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Inputs to the valuation methodology include: |
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Quoted prices for similar assets or liabilities in active markets; |
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Quoted prices for identical or similar assets or liabilities in
inactive markets; |
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Inputs other than quoted prices that are observable for the asset or
liability; |
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Inputs that are derived principally from or corroborated by
observable market data by correlation or other means. |
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If the asset or liability has a specified (contractual) term, the Level 2 input must be
observable for substantially the full term of the asset or liability. |
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Level 3
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Inputs to the valuation methodology are unobservable and significant to
the fair value measurement. |
The assets or liabilitys fair value measurement level within the fair value hierarchy is
based on the lowest level of any input that is significant to the fair value measurement.
Valuation techniques used need to maximize the use of observable inputs and minimize the use
of unobservable inputs.
-8-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
4. |
|
Fair Value Measurements, continued |
Following is a description of the valuation methodologies used for assets measured at fair
value. There have been no changes in the methodologies used at December 31, 2008 and 2007.
Mutual funds: Valued at the net asset value (NAV) of shares held by the plan at year end.
Common collective trust: Valued at fair value based on information reported in the audited
financial statements of the collective trust at year-end.
Common stock: Valued at the closing price reported on the active market on which the
individual securities are traded.
Participant loans: Valued at amortized cost, which approximates fair value.
The methods described above may produce a fair value calculation that may not be indicative of
net realizable value or reflective of future fair values. Furthermore, while the Plan believes
its valuation methods are appropriate and consistent with other market participants, the use
of different methodologies or assumptions to determine the fair value of certain financial
instruments could result in a different fair value measurement at the reporting date.
The following table sets forth by level, within the fair value hierarchy, the Plans assets at
fair value as of December 31, 2008:
Assets at Fair Value as of December 31, 2008
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Mutual funds |
|
$ |
66,179,657 |
|
|
$ |
|
|
|
$ |
|
|
|
$ |
66,179,657 |
|
Common collective
trust |
|
|
|
|
|
|
13,438,372 |
|
|
|
|
|
|
|
13,438,372 |
|
Company common
stock fund |
|
|
|
|
|
|
1,359,082 |
|
|
|
|
|
|
|
1,359,082 |
|
Participant loans |
|
|
|
|
|
|
|
|
|
|
3,426,300 |
|
|
|
3,426,300 |
|
|
|
|
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|
|
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|
|
|
|
|
|
|
Total assets at
fair value |
|
$ |
66,179,657 |
|
|
$ |
14,797,454 |
|
|
$ |
3,426,300 |
|
|
$ |
84,403,411 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Level 3 Gains and Losses
The table below sets forth a summary of changes in the fair value of the Plans level 3 assets
for the year ended December 31, 2008:
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Participant Loans |
|
|
|
|
|
|
Balance, beginning of year |
|
$ |
3,030,449 |
|
|
|
|
|
|
Purchases, sales, issuances and settlements, net |
|
|
395,851 |
|
|
|
|
|
|
|
|
|
|
Balance, end of year |
|
$ |
3,426,300 |
|
|
|
|
|
-9-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
5. |
|
Party-in-Interest Transactions |
The Plan invests in participant loans and in mutual funds and a common collective trust
established and operated by Morgan Stanley, the Plans investment advisor, and has investments
in the Companys common stock. These transactions qualify as party-in-interest transactions,
as defined by ERISA. Such transactions are permitted under the provisions of the Plan and are
exempt from the prohibition of party-in-interest transactions under ERISA.
The Plan is based on a non-standardized prototype plan. The prototype plan received an opinion
letter from the Internal Revenue Service dated May 3, 2002. The Plan trustee and administrator
believe that the Plan is designed and is currently being operated in compliance with the
applicable requirements of the IRC of 1986, as amended, and accordingly, that the trust
maintained in connection with the Plan is tax-exempt.
7. |
|
Excess Contributions Payable |
The Plan did not satisfy the nondiscrimination test under IRC Section 401(k)(3) for the 2008
and 2007 Plan years. To comply with such nondiscrimination test, the Plan made required
distributions of excess contributions of $309,256 and $617,513, which includes any income/loss
attributable thereto, to highly compensated employees by March 15, 2009 and 2008, respectively.
8. |
|
Reconciliation of Plan Financial Statements to Form 5500 |
The following is a reconciliation of the net assets available for benefits per the financial
statements to the Form 5500 as of December 31, 2008 and 2007:
|
|
|
|
|
|
|
|
|
|
|
2008 |
|
|
2007 |
|
|
|
|
|
|
|
|
|
|
Net assets available for benefits per the financial statements |
|
$ |
87,126,435 |
|
|
$ |
131,265,311 |
|
|
|
|
|
|
|
|
|
|
Excess contributions payable from current year |
|
|
309,256 |
|
|
|
617,513 |
|
Contributions receivable from current year |
|
|
(56,479 |
) |
|
|
(63,964 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net assets available for benefits per Form 5500 |
|
$ |
87,379,212 |
|
|
$ |
131,818,860 |
|
|
|
|
|
|
|
|
-10-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
8. |
|
Reconciliation of Plan Financial Statements to Form 5500, continued |
The following is a reconciliation of the net (decrease) increase in net assets available for
benefits per the financial statements to the Form 5500 for the years ended December 31, 2008
and 2007:
|
|
|
|
|
|
|
|
|
|
|
2008 |
|
|
2007 |
|
Net (decrease) increase in net assets available for
benefits per the financial statements |
|
$ |
(44,138,876 |
) |
|
$ |
2,250,248 |
|
|
|
|
|
|
|
|
|
|
Excess contributions payable from current year |
|
|
309,256 |
|
|
|
617,513 |
|
Contributions receivable from prior year |
|
|
63,964 |
|
|
|
351,615 |
|
Contributions receivable from current year |
|
|
(56,479 |
) |
|
|
(63,964 |
) |
Excess contributions payable from prior year |
|
|
(617,513 |
) |
|
|
(398,678 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net (decrease) increase in net assets available for
plan benefits per Form 5500 |
|
$ |
(44,439,648 |
) |
|
$ |
2,756,734 |
|
|
|
|
|
|
|
|
-11-
SUPPLEMENTAL SCHEDULE
-12-
CONSOLIDATED GRAPHICS, INC. EMPLOYEE 401(k) SAVINGS PLAN
SCHEDULE H, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2008
EIN: 76-0190827
PN: 010
|
|
|
|
|
|
|
|
|
|
|
(b) Identity of Issue, |
|
(c) Description of Investment, Including |
|
|
|
|
|
Borrower, Lessor or |
|
Maturity Date, Rate of Interest, |
|
(e) Market |
|
(a) |
|
Similar Party |
|
Collateral, Par or Maturity Value |
|
Value* |
|
|
|
|
|
|
|
|
|
|
** |
|
Morgan Stanley |
|
Common Collective Trust - Stable Value Fund |
|
$ |
13,438,372 |
*** |
** |
|
Morgan Stanley |
|
Mutual Fund - Focus Growth Fund-I |
|
|
7,711,168 |
*** |
** |
|
Morgan Stanley |
|
Mutual Fund - S&P 500 Index Fund-I |
|
|
7,216,898 |
*** |
|
|
Oppenheimer |
|
Mutual Fund - Global Fund-A |
|
|
6,437,073 |
*** |
|
|
ING |
|
Mutual Fund - International Value Fund-A |
|
|
6,132,758 |
*** |
|
|
Davis |
|
Mutual Fund - New York Venture Fund-A |
|
|
5,453,117 |
*** |
|
|
Calvert |
|
Mutual Fund - Income Fund-A |
|
|
4,639,827 |
*** |
|
|
Van Kampen |
|
Mutual Fund - Equity & Income Fund-A |
|
|
3,511,456 |
|
|
|
Franklin |
|
Mutual Fund - Small-Mid Cap Growth Fund-A |
|
|
3,494,606 |
|
|
|
Franklin |
|
Mutual Fund - Balance Sheet Investment Fund-A |
|
|
3,468,813 |
|
** |
|
Morgan Stanley |
|
Mutual Fund - U.S. Government Securities Trust-I |
|
|
3,410,107 |
|
|
|
Van Kampen |
|
Mutual Fund - Growth & Income Fund-A |
|
|
3,062,891 |
|
|
|
Davis |
|
Mutual Fund - Opportunity Fund-A |
|
|
2,405,071 |
|
|
|
Van Kampen |
|
Mutual Fund - Mid Cap Growth Fund-A |
|
|
2,098,236 |
|
|
|
Virtus |
|
Mutual Fund - Mid Cap Value (formerly
Phoenix Mid Cap Value) Fund-A |
|
|
1,869,649 |
|
** |
|
Morgan Stanley |
|
Mutual Fund - Strategist Fund-I |
|
|
1,429,345 |
|
** |
|
Consolidated Graphics, Inc. |
|
Common Stock - Consolidated Graphics, Inc. |
|
|
1,359,082 |
|
** |
|
Morgan Stanley |
|
Money Market Fund - Liquid Asset Fund |
|
|
774,413 |
|
|
|
Pioneer |
|
Mutual Fund - Oak Ridge Small Cap Growth Fund-A |
|
|
759,793 |
|
|
|
American Century |
|
Mutual Fund - Government Bond Fund-Advisors |
|
|
586,837 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2020 Retirement Strategy Fund-A |
|
|
417,191 |
|
** |
|
Morgan Stanley |
|
Mutual Fund - Special Value Fund-I |
|
|
336,993 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2025 Retirement Strategy Fund-A |
|
|
249,790 |
|
|
|
Alger |
|
Mutual Fund - Small Cap Growth Institutional Fund-I |
|
|
174,527 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2050 Retirement Strategy Fund-A |
|
|
150,781 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2015 Retirement Strategy Fund-A |
|
|
144,481 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2035 Retirement Strategy Fund-A |
|
|
95,014 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2030 Retirement Strategy Fund-A |
|
|
60,334 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2045 Retirement Strategy Fund-A |
|
|
42,863 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2040 Retirement Strategy Fund-A |
|
|
38,930 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2010 Retirement Strategy Fund-A |
|
|
6,213 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2000 Retirement Strategy Fund-A |
|
|
288 |
|
|
|
AllianceBernstein |
|
Mutual Fund - 2005 Retirement Strategy Fund-A |
|
|
194 |
|
** |
|
Participant Loans |
|
Loans bearing interest at rates ranging from 5.0% to 10.5% per year |
|
|
3,426,300 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
84,403,411 |
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
Cost information is not presented because all investments are participant directed. |
|
** |
|
Represents party-in-interest transactions. |
|
*** |
|
Represents investments comprising at least 5% of net assets available for benefits. |
-13-
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE TRUSTEE (OR OTHER PERSONS
WHO ADMINISTER THE PLAN) HAS DULY CAUSED THIS ANNUAL REPORT TO BE SIGNED ON ITS BEHALF BY THE
UNDERSIGNED HEREUNTO DULY AUTHORIZED.
|
|
|
|
|
|
Consolidated Graphics, Inc.
Employee 401(k) Savings Plan
|
|
|
By: |
/s/ Jon C. Biro
|
|
|
|
Jon C. Biro |
|
|
|
Member of the Consolidated Graphics, Inc.
Employee 401(k) Savings Plan
Retirement Committee |
Date: June 29, 2009
-14-
EXHIBIT INDEX
|
|
|
|
|
Exhibit Number |
|
Description |
|
|
|
|
|
|
23.1 |
|
|
Consent of Independent Registered Public Accounting Firm |
-15-