SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 8, 2004
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ONEIDA LTD.
(Exact name of Registrant as specified in its charter)
NEW YORK 1-5452 15-0405700
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
163-181 KENWOOD AVENUE, ONEIDA, NEW YORK 13421
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (315) 361-3000
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Former name or former address, if changed since last report N/A
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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:
[ ] 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 2.05. COSTS ASSOCIATED WITH EXIT OR DOSPOSAL ACTIVITIES.
As previously reported, on September 8, 2004, Oneida Ltd.'s (the
"Company") Board of Directors approved the closure of the
Company's flatware manufacturing facility located in Sherrill, New
York. It is anticipated that the closure will be completed during
the first calendar quarter of 2005.
The Company has now determined that in conjunction with the
Sherrill factory closure, the Company will incur cash costs of
approximately $1,250,000 related to severance, incentive and
retention payments to affected factory employees. At the present
time the Company has not yet been able to make a good faith
determination of the exact nature or estimated amounts of other
cash exit costs related to the Sherrill factory closure, including
those associated with decommissioning the factory.
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.
ONEIDA LTD.
By: /s/ PETER J. KALLET
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Peter J. Kallet
Chairman of the Board, President &
Chief Executive Officer
Dated: September 23, 2004