UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
WORLD ACCEPTANCE CORPORATION
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
981419 10 4
(CUSIP Number)
n/a
(Date of Event which Requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 981419 10 4
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas W. Smith
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 300
SHARES -------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 1,963,600
REPORTING -------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH
94,800
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
1,963,600
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,058,400
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.9%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 981419 10 4
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas N. Tryforos
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 1,933,600
REPORTING -------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH
0
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
1,933,600
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,933,600
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.3%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 981419 10 4
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Scott J. Vassalluzzo
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 1,933,600
REPORTING -------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH
36,000
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
1,933,600
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,969,600
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.5%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 981419 10 4
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Daniel J. Englander
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 30,000
REPORTING -------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH
0
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
30,000
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,000
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Explanatory Note:
This Amendment No.5 ("Amendment") to the joint filing on Schedule
13G made by Thomas W. Smith, Thomas N. Tryforos and Scott J. Vassalluzzo with
the Securities and Exchange Commission (the "Original Schedule 13G") relating to
the common stock, no par value ("Common Stock") of World Acceptance Corporation
is being filed to add Daniel J. Englander as a joint filer. Mr. Englander is
joining this filing on a voluntary basis and disclaims membership in any "group"
for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as
amended. or for any other purpose.
ITEM 1. (a) Name of Issuer:
World Acceptance Corporation
(b) Address of Issuer's Principal Executive Offices:
108 Frederick Street
Greenville, SC 29607
ITEM 2. (a) Name of Person Filing:
(i) Thomas W. Smith
(ii) Thomas N. Tryforos
(iii) Scott J. Vassalluzzo
The filing of this Statement shall not be deemed to be an
admission that the filing persons comprise a "group" within
the meaning of Section 13(d)(3) of the Securities Exchange Act
of 1934, as amended. The Reporting Persons each disclaim
beneficial ownership of the shares reported in this Schedule
13G in excess of those shares as to which they have or share
voting or investment authority.
(b) Address of Principal Business Office:
The following is the address of the principal business office
of each of the filing persons:
323 Railroad Avenue
Greenwich, CT 06830
(c) Citizenship:
Each of Messrs. Thomas W. Smith, Thomas N. Tryforos, Scott J.
Vassalluzzo and Daniel J. Englander is a United States
citizen.
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(d) Title of Class of Securities:
Common Stock, no par value
(e) CUSIP Number:
981419 10 4
ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:
Not applicable.
If this Statement is filed pursuant to Rule 13d-1(c), check this
box |X|
ITEM 4. Ownership
(a) Thomas W. Smith - 2,058,400 shares; Thomas N. Tryforos -
1,933,600 shares; Scott J. Vassalluzzo - 1,969,600 shares;
Daniel J. Englander - 30,000 shares
(b) Thomas W. Smith - 10.9%; Thomas N. Tryforos - 10.3%; Scott J.
Vassalluzzo - 10.5%; Daniel J. Englander - 0.1%
(c) Mr. Smith has the sole power to vote or to direct the vote of
300 shares of Common Stock and Messrs. Tryforos, Vassalluzzo
and Englander have the sole power to vote or to direct the
vote of no shares. Messrs. Smith and Vassalluzzo have the sole
power to dispose or to direct the disposition of 94,800 and
36,000 shares of Common Stock, respectively and Messrs.
Tryforos and Englander have the sole power to dispose or to
direct the disposition of no shares. Messrs. Smith, Tryforos
and Vassalluzzo share the power to vote or to direct the vote
of and to dispose or to direct the disposition of 1,933,600
shares and Messrs. Smith and Englander share the power to vote
or to direct the vote of and to dispose or to direct the
disposition 30,000 shares. Voting and investment authority
over investment accounts established for the benefit of
certain family members and friends of the Reporting Persons is
subject to each beneficiary's right to terminate or otherwise
direct the disposition of the investment account.
ITEM 5. Ownership of Five Percent or Less of a Class
Not applicable.
ITEM 6. Ownership of More than Five Percent on Behalf of Another Person
Messrs. Smith, Tryforos and Vassalluzzo in the aggregate
beneficially own 2,064,400 shares in their capacities as investment
managers for certain managed accounts. The
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managed accounts have the right to receive dividends from, and the
proceeds from the sale of, the managed accounts' shares.
ITEM 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
Not applicable.
ITEM 8. Identification and Classification of Members of the Group
Not applicable.
ITEM 9. Notice of Dissolution of Group
Not applicable.
ITEM 10. Certification
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose or effect.
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Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: May 17, 2004
/s/ Thomas W. Smith
---------------------------------
Thomas W. Smith
/s/ Thomas N. Tryforos
---------------------------------
Thomas N. Tryforos
/s/ Scott J. Vassalluzzo
---------------------------------
Scott J. Vassalluzzo
/s/ Daniel J. Englander
---------------------------------
Daniel J. Englander
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JOINT FILING AGREEMENT
The undersigned agree that the foregoing Statement on Schedule 13G, dated
May 14, 2004, is being filed with the Securities and Exchange Commission on
behalf of each of the undersigned pursuant to Rule 13d-1(k).
Dated: May 17, 2004
/s/ Thomas W. Smith
-----------------------------------
Thomas W. Smith
/s/ Thomas N. Tryforos
-----------------------------------
Thomas N. Tryforos
/s/ Scott J. Vassalluzzo
-----------------------------------
Scott J. Vassalluzzo
/s/ Daniel J. Englander
-----------------------------------
Daniel J. Englander
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