-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OEbyvmr+/oumqI1X/wGYNJRdZGRzL0P1a0R7ExwwdaqoYHtTO1wqOCTg+1TCySjQ xH9p/aT/6oOVB7zIOQSXuw== 0001158202-06-000010.txt : 20060426 0001158202-06-000010.hdr.sgml : 20060426 20060426092145 ACCESSION NUMBER: 0001158202-06-000010 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060331 FILED AS OF DATE: 20060426 DATE AS OF CHANGE: 20060426 EFFECTIVENESS DATE: 20060426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PENN CAPITAL MANAGEMENT CO INC CENTRAL INDEX KEY: 0001158202 IRS NUMBER: 222796848 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-11296 FILM NUMBER: 06779655 BUSINESS ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 BUSINESS PHONE: 8569107670 MAIL ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 13F-HR/A 1 i06filing.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13 FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2006 Check here if Amendment [x]; Amendment Number: 001 This Amendment (Check only one.): [x] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: PENN Capital Management Co, Inc. Address: 457 Haddonfield Road, Suite 210, Cherry Hill, NJ 08002 Form 13F File Number: 28-00006 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Scott D. Schumacher Title: Vice President Phone: 856-910-8181 Signature, Place, and Date of Signing: Scott D. Schumacher Cherry Hill, New Jersey April 26, 2006 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 181 Form 13F Information Table Value Total: $2,575,685 List of Other Included Managers: NONE Issuer Class CUSIP Value Shrs/ SH/ PUT/ Inv. Other Vot. Authority (x1000) PRN AMT PRN CALL Discretion Managers Sole Shared None GLOBAL CROSSING LTD SHS NEW G3921A 17 5 346 13,050 SH SOLE 13,050 LAZARD LTD SHS A G54050 10 2 8,308 188,383 SH SOLE 188,383 NABORS INDUSTRIES LTD SHS G6359F 10 3 1,948 27,434 SH SOLE 27,434 ORIENT-EXPRESS HTLS LTD CL A G67743 10 7 16,141 412,732 SH SOLE 412,732 A D C TELECOMM COM NEW 000886 30 9 34,119 1,345,858 SH SOLE 1,345,858 ADTRAN INC COM 00738A 10 6 1,003 38,678 SH SOLE 38,678 AFFILIATED MGRS GRP COM 008252 10 8 14,820 142,205 SH SOLE 142,205 AGERE SYS INC COM 00845V 30 8 57,520 3,863,680 SH SOLE 3,863,680 AGERE SYS INC NOTE 00845V AA 8 3,776 3,760,000 PRN SOLE 3,760,000 AGNICO EAGLE MINES LTD COM 008474 10 8 15,171 492,018 SH SOLE 492,018 ALASKA COMM SYS GR COM 01167P 10 1 287 23,695 SH SOLE 23,695 ALLEGHANY CORP DEL COM 017175 10 0 33,472 115,863 SH SOLE 115,863 ALLIED WASTE INDS INC COM 019589 30 8 28,782 2,324,060 SH SOLE 2,324,060 ALPHA NAT RSRCES INC COM 02076X 10 2 11,921 514,133 SH SOLE 514,133 AMER EQTY INVT LIFE HLD COM 025676 20 6 11,458 799,925 SH SOLE 799,925 AMER TOWER CORP CL A 029912 20 1 2,052 67,248 SH SOLE 67,248 AMER TOWER CORP NOTE 029912 AK 8 1,420 555,000 PRN SOLE 555,000 AMERICREDIT CORP COM 03060R 10 1 1,597 51,421 SH SOLE 51,421 AMERUS GROUP CO COM 03072M 10 8 21,140 351,225 SH SOLE 351,225 AMERISOURCEBERGEN CORP COM 03073E 10 5 13,001 267,892 SH SOLE 267,892 APPLEBEES INTL INC COM 037899 10 1 14,903 609,332 SH SOLE 609,332 ARCH COAL INC COM 039380 10 0 22,381 295,470 SH SOLE 295,470 AVANEX CORP COM 05348W 10 9 20,722 6,434,913 SH SOLE 6,434,913 AVAYA INC COM 053499 10 9 17,386 1,398,146 SH SOLE 1,398,146 AVICI SYS INC COM NEW 05367L 80 2 64 14,425 SH SOLE 14,425 BALLY TECHNOLOGIES INC COM 05874B 10 7 38,890 2,289,060 SH SOLE 2,289,060 BEBE STORES INC COM 075571 10 9 14,124 776,059 SH SOLE 776,059 BIRCH MTN RES LTD COM 09066X 10 9 427 57,850 SH SOLE 57,850 BOYD GAMING CORP COM 103304 10 1 13,297 263,424 SH SOLE 263,424 BRINKER INTL INC COM 109641 10 0 15,015 353,853 SH SOLE 353,853 BROWN SHOE INC NEW COM 115736 10 0 1,714 38,927 SH SOLE 38,927 CKE RESTAURANTS INC COM 12561E 10 5 23,554 1,364,514 SH SOLE 1,364,514 CANADIAN PAC RY LTD COM 13645T 10 0 1,911 37,770 SH SOLE 37,770 CARDIODYNAMICS INTL COM 141597 10 4 122 68,300 SH SOLE 68,300 CENTILLIUM COMM COM 152319 10 9 56 14,600 SH SOLE 14,600 CENTURY CASINOS INC COM 156492 10 0 214 20,140 SH SOLE 20,140 CERES GROUP INC COM 156772 10 5 96 17,340 SH SOLE 17,340 CHESAPEAKE ENERGY CORP COM 165167 10 7 1,897 60,110 SH SOLE 60,110 CIENA CORP COM 171779 10 1 38,960 7,468,619 SH SOLE 7,468,619 CINCINNATI BELL COM 171871 10 6 18,803 4,175,238 SH SOLE 4,175,238 CITIZENS COMM COM 17453B 10 1 12,143 899,583 SH SOLE 899,583 COMMERCE BANCORP COM 200519 10 6 18,971 475,920 SH SOLE 475,920 COMMSCOPE INC COM 203372 10 7 27,201 946,879 SH SOLE 946,879 COMSTOCK RES INC COM NEW 205768 20 3 34,585 1,163,268 SH SOLE 1,163,268 CONSECO INC PFD 208464 86 7 375 12,550 SH SOLE 12,550 CONSECO INC COM NEW 208464 88 3 54,571 2,169,698 SH SOLE 2,169,698 CONSOL ENERGY INC COM 20854P 10 9 23,696 309,544 SH SOLE 309,544 CONTINENTAL AIRLS INC CL B 210795 30 8 23,431 870,274 SH SOLE 870,274 CREDENCE SYS CORP COM 225302 10 8 30,746 4,186,181 SH SOLE 4,186,181 CREDENCE SYS CORP NOTE 225302 AF 5 1,684 1,800,000 PRN SOLE 1,800,000 CROWN CASTLE INTL CORP COM 228227 10 4 26,072 909,439 SH SOLE 909,439 CUMULUS MEDIA INC CL A 231082 10 8 13,591 1,213,957 SH SOLE 1,213,957 DRS TECHNOLOGIES INC COM 23330X 10 0 10,310 188,710 SH SOLE 188,710 DENNYS CORP COM 24869P 10 4 17,504 3,690,417 SH SOLE 3,690,417 DYNEGY INC NEW CL A 26816Q 10 1 38,884 8,085,197 SH SOLE 8,085,197 DYNEGY INC NEW SDCV 26816Q AB 7 762 560,000 PRN SOLE 560,000 EL PASO CORP COM 28336L 10 9 1,172 97,093 SH SOLE 97,093 EL PASO ENERGY CAP PFD 283678 20 9 551 15,300 SH SOLE 15,300 ELDORADO GOLD CORP NEW COM 284902 10 3 17,929 3,724,736 SH SOLE 3,724,736 ELIZABETH ARDEN INC COM 28660G 10 6 11,553 495,800 SH SOLE 495,800 ELLIS PERRY INTL INC COM 288853 10 4 297 13,140 SH SOLE 13,140 EMMIS COMM CORP PFD 291525 20 2 584 14,595 SH SOLE 14,595 ENVIRONMENTAL PWR CORP COM NEW 29406L 20 1 134 18,970 SH SOLE 18,970 EXTREME NETWORKS INC COM 30226D 10 6 18,986 3,807,729 SH SOLE 3,807,729 FAIRCHILD SEMI INTL COM 303726 10 3 11,182 579,454 SH SOLE 579,454 FAIRPOINT COM INC COM 305560 10 4 275 19,870 SH SOLE 19,870 FEDERATED INVS INC PA CL B 314211 10 3 986 25,413 SH SOLE 25,413 FELCOR LODGING TR INC COM 31430F 10 1 18,195 865,296 SH SOLE 865,296 FIDELITY NATL FINL INC COM 316326 10 7 256 7,200 SH SOLE 7,200 FINISAR COM 31787A 10 1 20,810 4,256,250 SH SOLE 4,256,250 FIRST MARBLEHEAD CORP COM 320771 10 8 40,172 927,789 SH SOLE 927,789 FOUNDATION COAL HLDGS COM 35039W 10 0 33,068 802,737 SH SOLE 802,737 FRIENDLY ICE CREAM NEW COM 358497 10 5 219 28,750 SH SOLE 28,750 GAMING PARTNERS INTL COM 36467A 10 7 172 10,870 SH SOLE 10,870 GAMESTOP CORP NEW CL A 36467W 10 9 14,242 305,706 SH SOLE 305,706 GASCO ENERGY INC COM 367220 10 0 18,528 3,299,061 SH SOLE 3,299,061 GASTAR EXPL LTD COM 367299 10 4 256 60,000 SH SOLE 60,000 GAYLORD ENTMT CO NEW COM 367905 10 6 31,578 704,378 SH SOLE 704,378 GENERAL CABLE CORP COM 369300 10 8 43,510 1,443,314 SH SOLE 1,443,314 GENESIS HEALTHCARE CORP COM 37184D 10 1 11,408 259,992 SH SOLE 259,992 GLOBAL SIGNAL INC COM 37944Q 10 3 35,926 736,800 SH SOLE 736,800 GOLDEN STAR RES LTD COM 38119T 10 4 9,681 3,196,811 SH SOLE 3,196,811 GRAFTECH INTL LTD COM 384313 10 2 61 10,000 SH SOLE 10,000 GRANT PRIDECO INC COM 38821G 10 1 12,511 290,616 SH SOLE 290,616 GREY WOLF INC COM 397888 10 8 22,351 3,011,801 SH SOLE 3,011,801 HAIN CELESTIAL GROUP COM 405217 10 0 26,783 1,022,165 SH SOLE 1,022,165 HARMONIC INC COM 413160 10 2 205 32,200 SH SOLE 32,200 HARRAHS ENTMT INC COM 413619 10 7 2,112 27,070 SH SOLE 27,070 HECLA MNG CO COM 422704 10 6 165 25,000 SH SOLE 25,000 HELMERICH & PAYNE INC COM 423452 10 1 20,198 290,532 SH SOLE 290,532 HILTON HOTELS CORP COM 432848 10 9 2,092 80,526 SH SOLE 80,526 HOST MARRIOTT CORP NEW COM 44107P 10 4 23,703 1,111,470 SH SOLE 1,111,470 HUNT J B TRANS SVCS INC COM 445658 10 7 20,213 922,394 SH SOLE 922,394 IMAX CORP COM 45245E 10 9 23,684 2,328,643 SH SOLE 2,328,643 INFINITY PPTY & CAS COM 45665Q 10 3 8,873 212,880 SH SOLE 212,880 INTERNATIONAL GAME TECH COM 459902 10 2 1,938 54,218 SH SOLE 54,218 INTERNATIONAL SPEEDWAY CL A 460335 20 1 14,817 292,275 SH SOLE 292,275 INTERSTATE HTLS & RSRTS COM 46088S 10 6 434 81,070 SH SOLE 81,070 INTRAWEST CORPORATION COM 460915 20 0 11,661 342,514 SH SOLE 342,514 ISLE OF CAPRI CASINOS COM 464592 10 4 19,866 600,210 SH SOLE 600,210 JMAR TECHNOLOGIES INC COM 466212 10 7 24 27,600 SH SOLE 27,600 JUNIPER NETWORKS INC NOTE 48203R AC 8 1,075 1,000,000 PRN SOLE 1,000,000 KANSAS CITY SOUTHERN COM 485170 30 2 36,400 1,489,130 SH SOLE 1,489,130 KENSEY NASH CORP COM 490057 10 6 20,643 733,161 SH SOLE 733,161 KINDRED HEALTHCARE INC COM 494580 10 3 11,670 467,935 SH SOLE 467,935 L-3 COMM HLDGS INC COM 502424 10 4 967 11,315 SH SOLE 11,315 LAB CORP AMER HLDGS COM NEW 50540R 40 9 12,184 209,572 SH SOLE 209,572 LIFEPOINT HOSPITALS INC COM 53219L 10 9 18,798 604,985 SH SOLE 604,985 LUCENT TECHNOLOGIES INC COM 549463 10 7 61 20,000 SH SOLE 20,000 MRV COMMUNICATIONS INC COM 553477 10 0 63 15,380 SH SOLE 15,380 MAGELLAN HLTH SVCS INC COM 559079 20 7 47,516 1,170,911 SH SOLE 1,170,911 MAGNA ENTMT CORP NOTE 559211 AC 1 1,953 1,950,000 PRN SOLE 1,950,000 MARTEK BIOS CORP COM 572901 10 6 27,270 835,886 SH SOLE 835,886 MCF CORP COM 580395 10 1 141 100,485 SH SOLE 100,485 MCKESSON CORP COM 58155Q 10 3 1,088 20,725 SH SOLE 20,725 MEADWESTVACO CORP COM 583334 10 7 12,055 434,287 SH SOLE 434,287 MERCURY INTER CORP COM 589405 10 9 17,843 505,266 SH SOLE 505,266 MERISTAR HSPTLITY CORP COM 58984Y AJ 2 1,361 1,230,000 SH SOLE 1,230,000 MICROS SYS INC NOTE 594901 10 0 10,852 235,844 PRN SOLE 235,844 MICRON TECHNOLOGY INC COM 595112 10 3 22,774 1,487,175 SH SOLE 1,487,175 MIKOHN GAMING CORP COM 59862K 10 8 15,461 1,617,301 SH SOLE 1,617,301 MIRANT CORP NEW COM 60467R 10 0 16,019 638,756 SH SOLE 638,756 NBTY INC COM 628782 10 4 35,023 1,558,151 SH SOLE 1,558,151 NII HLDGS INC COM 62913F 20 1 18,784 293,362 SH SOLE 293,362 NTL INC NEW CL B 62941W 10 1 1,002 34,405 SH SOLE 34,405 NTL OILWELL VARCO INC COM 637071 10 1 1,385 21,643 SH SOLE 21,643 NOVAGOLD RES INC COM 66987E 20 6 20,038 1,301,801 SH SOLE 1,301,801 NOVELL INC COM NEW 670006 10 5 41,582 5,420,550 SH SOLE 5,420,550 NOVELL INC COM 670006 AC 9 919 1,000,000 SH SOLE 1,000,000 NOVELLUS SYS INC DBCV 670008 10 1 19,950 819,540 PRN SOLE 819,540 OM GROUP INC COM 670872 10 0 14,503 625,237 SH SOLE 625,237 OMNICARE INC COM 681904 10 8 16,024 290,141 SH SOLE 290,141 ON SEMICONDUCTOR CORP COM 682189 10 5 20,077 2,748,925 SH SOLE 2,748,925 ORANGE 21 INC COM 685317 10 9 167 37,505 SH SOLE 37,505 OUTBACK STEAKHOUSE INC COM 689899 10 2 1,190 27,094 SH SOLE 27,094 PACER INTL INC TENN COM 69373H 10 6 36,958 1,144,099 SH SOLE 1,144,099 PATTERSON UTI ENRGY INC COM 703481 10 1 24,369 758,501 SH SOLE 758,501 PEABODY ENERGY CORP COM 704549 10 4 1,099 21,423 SH SOLE 21,423 PENN NATL GAMING INC COM 707569 10 9 39,949 899,221 SH SOLE 899,221 PENN TREATY AMERN CORP COM 707874 40 0 6,358 689,447 SH SOLE 689,447 PERFORMANCE TECH INC COM NEW 71376K 10 2 205 27,350 SH SOLE 27,350 PERU COPPER INC COM 715455 10 1 142 54,250 SH SOLE 54,250 PETSMART INC COM 716768 10 6 14,195 510,376 SH SOLE 510,376 PINNACLE ENTMT INC COM 723456 10 9 61,475 2,160,321 SH SOLE 2,160,321 PIONEER DRILLING CO COM 723655 10 6 301 18,305 SH SOLE 18,305 QSGI INC COM 74729D 10 6 169 102,715 SH SOLE 102,715 QUESTAR CORP COM 748356 10 2 8,794 123,613 SH SOLE 123,613 QUIKSILVER INC COM 74838C 10 6 11,796 859,202 SH SOLE 859,202 RED ROBIN GOURMET COM 75689M 10 1 19,418 412,471 SH SOLE 412,471 REGAL ENTMT GROUP COM 758766 10 9 18,010 953,395 SH SOLE 953,395 ROWAN COS INC CL A 779382 10 0 15,370 352,567 SH SOLE 352,567 RUBY TUESDAY INC COM 781182 10 0 24,805 778,856 SH SOLE 778,856 RURAL CELLULAR CORP COM 781904 10 7 279 18,945 SH SOLE 18,945 SBA COMM CORP CL A 78388J 10 6 60,790 2,592,097 SH SOLE 2,592,097 SONUS NETWORKS INC COM 835916 10 7 49,686 9,154,451 SH SOLE 9,154,451 STILLWATER MNG CO COM 86074Q 10 2 13,028 772,365 SH SOLE 772,365 SUNCOM WRLESS HLDGS INC COM 86722Q 10 8 184 95,105 SH SOLE 95,105 SUNTERRA CORP CL A 86787D 20 8 18,347 1,292,215 SH SOLE 1,292,215 SUNTERRA CORP COM NEW 86787D AC 3 1,179 1,150,000 SH SOLE 1,150,000 TLC VISION CORP NOTE 872549 10 0 19,669 3,036,370 PRN SOLE 3,036,370 TODCO COM 88889T 10 7 48,411 1,214,260 SH SOLE 1,214,260 TRANSWITCH CORP CL A 894065 10 1 445 170,992 SH SOLE 170,992 TRICO MARINE SRVCS INC COM 896106 20 0 222 6,870 SH SOLE 6,870 TRINITY INDS INC COM NEW 896522 10 9 1,211 21,884 SH SOLE 21,884 TRUMP ENTMT RSRTS INC COM 89816T 10 3 515 27,800 SH SOLE 27,800 U S AIRWAYS GROUP INC COM 90341W 10 8 19,854 500,418 SH SOLE 500,418 UBIQUITEL INC COM 903474 30 2 18,802 1,862,549 SH SOLE 1,862,549 ULTRA PETROLEUM CORP COM 903914 10 9 17,019 270,495 SH SOLE 270,495 UNITED RENTALS INC COM 911363 10 9 32,384 921,280 SH SOLE 921,280 UNIVERSAL AMERN FINL COM 913377 10 7 11,366 739,565 SH SOLE 739,565 UNIVERSAL HLTH SVCS COM 913903 10 0 15,027 297,981 SH SOLE 297,981 VERTICALNET INC CL B 92532L 20 6 130 261,800 SH SOLE 261,800 VISHAY INTERTECH INC COM NEW 928298 10 8 13,633 955,422 SH SOLE 955,422 VOLCOM INC COM 92864N 10 1 13,649 384,365 SH SOLE 384,365 WABTEC CORP COM 929740 10 8 27,650 836,893 SH SOLE 836,893 WALTER INDS INC COM 93317Q 10 5 12,597 186,096 SH SOLE 186,096 WASTE SERVICES INC COM 941075 10 3 32 10,000 SH SOLE 10,000 WESTERN GAS RES INC COM 958259 10 3 16,372 339,781 SH SOLE 339,781 WHIRLPOOL CORP COM 963320 10 6 978 10,619 SH SOLE 10,619 WHOLE FOODS MKT INC COM 966837 10 6 984 15,044 SH SOLE 15,044 YOUBET COM INC COM 987413 10 1 286 52,445 SH SOLE 52,445 TOTAL 2,575,685 -----END PRIVACY-ENHANCED MESSAGE-----