UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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)
February 19, 2008
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CEC ENTERTAINMENT, INC.
(Exact name of registrant as specified in charter)
Kansas 0-15782 48-0905805
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation or organization) Identification No.)
4441 West Airport Freeway
Irving, Texas 75062
(Address of principal executive offices
and zip code)
(972) 258-8507
(Registrant's telephone
number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425).
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12).
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)).
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c)).
Item 2.02: Results of Operations and Financial Condition
The information furnished in Item 2.02 - "Results of Operations and
Financial Condition" of this Current Report on Form 8-K and the Exhibit attached
hereto as Exhibit 99.1 shall not be deemed "filed" for the purposes of Section
18 of the Securities Exchange Act of 1934 or otherwise subject to the
liabilities of such section.
On February 19, 2008, CEC Entertainment, Inc. issued a press release
announcing financial results for the fiscal fourth quarter and fiscal year ended
December 30, 2007. A copy of the press release is attached as Exhibit 99.1 to
this Current Report on Form 8-K.
In the press release, CEC Entertainment, Inc. has included as a "non-GAAP
financial measure" as defined in Item 10 of Regulation S-K of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), net income (loss)
excluding income taxes, net interest expense, depreciation, amortization, asset
write-offs, and stock-based compensation ("Adjusted EBITDA"), and cash provided
by operating activities less capital expenditures ("Free Cash Flow"). In the
press release, the Company has provided reconciliations of these non-GAAP
financial measures to the most directly comparable financial measure calculated
and presented in accordance with generally accepted accounting principles
("GAAP") in the United States. In addition, the Company has provided in the
press release the reasons why it believes these non-GAAP financial measures
provide useful information to investors.
Item 9.01: Financial Statements and Exhibits
Pursuant to General Instruction B.2 of Form 8-K, the following Exhibit is
furnished with this Form 8-K:
(d) Exhibits
99.1 Press Release of CEC Entertainment, Inc. dated February 19, 2008.
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.
CEC ENTERTAINMENT, INC.
Date: February 19, 2008 By: /s/ Christopher D. Morris
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Christopher D. Morris
Executive Vice President
Chief Financial Officer
EXHIBIT INDEX
Exhibit
Number Description
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99.1 Press Release of CEC Entertainment, Inc. dated February 19, 2008.