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 (Date of earliest event reported): May 31, 2002
HURCO COMPANIES, INC.
(Exact name of registrant as specified in its charter)
INDIANA 0-9143 35-1150732
(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation or organization) Identification No.)
ONE TECHNOLOGY WAY
INDIANAPOLIS, INDIANA 46268
(Address of principal executive offices and zip code)
(317) 293-5309
(Registrants' telephone number, including area code)
NOT APPLICABLE
Former name or former address, if changed since last report)
ITEM 4. CHANGE IN REGISTRANTS' CERTIFYING ACCOUNTANT
On May 31, 2002, Hurco Companies, Inc., an Indiana corporation (the
"Registrant"), dismissed Arthur Andersen LLP ("Andersen") as the Registrant's
independent accountants. This decision was approved by the Audit Committee of
the Board of Directors of the Registrant. The Audit Committee has initiated the
process for selecting a replacement firm for the 2002 fiscal year and expects to
make a selection in the near future.
Andersen's reports on the Registrant's financial statements for the
past two years did not contain an adverse opinion or disclaimer of opinion, nor
were they qualified or modified as to uncertainty, audit scope or accounting
principles.
During the two most recent fiscal years ended October 31, 2001 and
2000, and the subsequent interim period through the date of this report, there
were 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 Andersen's satisfaction, would have caused Andersen to make
reference to the subject matter in its report on the Registrant's consolidated
financial statements for such years; nor were there any reportable events as
defined in Item 304(a)(1)(v) of Regulation S-K.
The Registrant has provided Andersen a copy of the foregoing
disclosures. A letter from Andersen stating its agreement with such disclosures
is attached as Exhibit 16 to this report.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
16 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated May 31, 2002.
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.
Dated: May 31, 2002
HURCO COMPANIES, INC.
By: /s/ ROGER J. WOLF
-----------------
Roger J. Wolf
Senior Vice President and
Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Description of Exhibit
16 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated May 31, 2002.
Exhibit 16
May 31, 2002
Office of Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sir/Madam:
We have read paragraphs two through four of Item 4 included in the Form 8-K
dated May 31, 2002 of Hurco Companies, Inc. filed with the Securities and
Exchange Commission and are in agreement with the statements contained therein.
Very truly yours,
/s/ ARTHUR ANDERSEN LLP
ARTHUR ANDERSEN LLP
cc: Mr. Roger Wolf - Hurco Companies, Inc.