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UNITED STATES
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) June 2, 2006
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FLEXSTEEL INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
Minnesota 0-5151 42-0442319
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3400 Jackson Street, Dubuque, Iowa 52001
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 563-556-7730
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(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 8.01 Other Events
On June 2, 2006, Flexsteel Industries, Inc. Announces Amendment to Credit
Agreements. See the Press Release attached.
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.
FLEXSTEEL INDUSTRIES, INC.
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(Registrant)
Date: June 2, 2006 By: /s/ Timothy E. Hall
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Timothy E. Hall
Vice President-Finance, CFO, and Secretary
Principal Financial Officer
Exhibit 99.1
Flexsteel Announces Amendment to Credit Agreements
DUBUQUE, Iowa--(BUSINESS WIRE)--June 2, 2006--Flexsteel Industries, Inc.
(NASDAQ:FLXS) ... The Company has executed an Amendment to its Credit
Agreements with its lead bank extending to October 31, 2010 its $20.0
million long-term credit facility and its $8.0 million available for
Letters of Credit, which were scheduled to expire September 30, 2007.
There were no other changes to the terms of the credit facilities,
including interest rates, other than described above.
In addition, the Company renewed under the same terms, until June
29, 2007, its $20.0 million Line of Credit Note for working capital
that was set to expire on June 29, 2006.
Flexsteel Industries, Inc. is headquartered in Dubuque, Iowa, and
was incorporated in 1929. Flexsteel is a designer, manufacturer,
importer and marketer of quality upholstered and wood furniture for
residential, recreational vehicle, office, hospitality and healthcare
markets. All products are distributed nationally.
CONTACT: Flexsteel Industries, Inc., Dubuque
Timothy E. Hall, Chief Financial Officer, 563-585-8392