-----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, H1wj6U80KprrA6tDXEOMVA911ObcA67JPHSm0yjT9G6W2waxOUrAvAvxNNpeSDNj B3ue9l+Qw6RAfp8H7fIJ9g== 0001158202-05-000008.txt : 20051031 0001158202-05-000008.hdr.sgml : 20051031 20051031152358 ACCESSION NUMBER: 0001158202-05-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050930 FILED AS OF DATE: 20051031 DATE AS OF CHANGE: 20051031 EFFECTIVENESS DATE: 20051031 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 SEC ACT: 1934 Act SEC FILE NUMBER: 028-11296 FILM NUMBER: 051166250 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 1 pcm-iiiqtr05.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: September 30, 2005 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] 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: 28-00004 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 October 31, 2005 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: 145 Form 13F Information Table Value Total: $1,707,825 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 NABORS INDUSTRIES LTD SHS G6359F 10 3 7,129 99,804 SH SOLE 99,804 A D C TELECOMM COM NEW 000886 30 9 4,928 214,390 SH SOLE 214,390 AK STL HLDG CORP COM 001547 10 8 11,657 1,369,495 SH SOLE 1,369,495 AGERE SYS INC Nt 6.50% 00845V AA 8 4,152 4,075,000 PRN SOLE 4,075,000 AGERE SYS INC COM 00845V 30 8 29,294 2,822,791 SH SOLE 2,822,791 ALAMOSA HLDGS INC COM 011589 10 8 34,468 2,020,121 SH SOLE 2,020,121 ALLEGHANY CORP DEL COM 017175 10 0 34,621 112,441 SH SOLE 112,441 ALLEGHENY TECH INC COM 01741R 10 2 3,822 124,931 SH SOLE 124,931 ALLIANCE GM COM 01859P 60 9 15,701 1,433,514 SH SOLE 1,433,514 ALLD WSTE INDS COM 019589 30 8 32,569 3,864,025 SH SOLE 3,864,025 ALLD WSTE INDS PFD Cv 019589 60 5 1,500 31,055 SH SOLE 31,055 ALPHA NATURAL RES COM 02076X 10 2 12,249 407,125 SH SOLE 407,125 AMER ORIENTAL BIOENGR COM 028731 10 7 116 25,500 SH SOLE 25,500 AMER TOWER CORP NOTE 3.25% 029912 AK 8 850 405,000 PRN SOLE 405,000 AMERICAN TOWER CORP CL A 029912 20 1 8,825 355,526 SH SOLE 355,526 AMERUS GROUP CO COM 03072M 10 8 10,623 184,960 SH SOLE 184,960 AMERISOURCEBERGEN CORP COM 03073E 10 5 4,893 63,117 SH SOLE 63,117 AMKOR TECH INC COM 031652 10 0 11,917 2,714,691 SH SOLE 2,714,691 APPLEBEES INTL INC COM 037899 10 1 5,030 242,332 SH SOLE 242,332 ARCH COAL INC COM 039380 10 0 22,594 332,982 SH SOLE 332,982 ARROW INTL INC COM 042764 10 0 14,024 495,007 SH SOLE 495,007 AVAYA INC COM 053499 10 9 4,934 469,328 SH SOLE 469,328 AVICI SYS INC COM NEW 05367L 80 2 144 31,650 SH SOLE 31,650 AZTAR CORP COM 054802 10 3 22,004 718,256 SH SOLE 718,256 BELO CORP COM SER A 080555 10 5 2,903 125,393 SH SOLE 125,393 BIOVAIL CORP COM 09067J 10 9 31,784 1,343,227 SH SOLE 1,343,227 BIOSCRIP INC COM 09069N 10 8 130 20,000 SH SOLE 20,000 BRONCO DRILLING CO INC COM 112211 10 7 223 8,085 SH SOLE 8,085 BROWN SHOE INC NEW COM 115736 10 0 10,588 321,295 SH SOLE 321,295 CCA INDS INC COM 124867 10 2 284 31,581 SH SOLE 31,581 CKE RESTAURANTS COM 12561E 10 5 26,193 1,965,410 SH SOLE 1,965,410 CABLEVISION SYS CORP CL A 12686C 10 9 4,163 136,863 SH SOLE 136,863 CAREER EDUCATION CORP COM 141665 10 9 5,938 165,655 SH SOLE 165,655 CENTENNIAL COMM CORP CL A 15133V 20 8 14,212 951,978 SH SOLE 951,978 CENTURY CASINOS INC COM 156492 10 0 154 21,640 SH SOLE 21,640 CERES GROUP INC COM 156772 10 5 10,079 1,779,956 SH SOLE 1,779,956 CHESAPEAKE ENERGY CORP COM 165167 10 7 8,374 215,920 SH SOLE 215,920 CINCINNATI BELL COM 171871 10 6 16,963 3,839,181 SH SOLE 3,839,181 COMSTOCK RES INC COM NEW 205768 20 3 25,557 778,588 SH SOLE 778,588 CONGOLEUM CORP NEW CL A 207195 10 8 84 16,465 SH SOLE 16,465 CONOCOPHILLIPS COM 20825C 10 4 364 5,200 SH SOLE 5,200 CONSECO INC PFD B CV 208464 86 7 4,733 177,000 SH SOLE 177,000 CONSECO INC COM NEW 208464 88 3 38,998 1,845,542 SH SOLE 1,845,542 CONSOL ENERGY INC COM 20854P 10 9 11,403 144,891 SH SOLE 144,891 CONSTAR INTL INC NEW COM 21036U 10 7 107 53,200 SH SOLE 53,200 CORINTHIAN COLLS COM 218868 10 7 18,117 1,358,411 SH SOLE 1,358,411 CREDENCE SYS CORP COM 225302 10 8 6,608 821,701 SH SOLE 821,701 CROWN CSTLE INTL COM 228227 10 4 33,377 1,356,936 SH SOLE 1,356,936 CUMULUS MEDIA INC CL A 231082 10 8 10,848 867,931 SH SOLE 867,931 DRS TECHNOLOGIES INC COM 23330X 10 0 4,879 96,676 SH SOLE 96,676 DENNYS CORP COM 24869P 10 4 12,700 3,076,163 SH SOLE 3,076,163 DOLLAR FINL CORP COM 256664 10 3 156 13,010 SH SOLE 13,010 DYNEGY INC NEW SDCV 4.750% 26816Q AB 7 468 360,000 PRN SOLE 360,000 DYNEGY INC NEW CL A 26816Q 10 1 27,090 5,707,595 SH SOLE 5,707,595 EDUCATION MGMT CORP COM 28139T 10 1 10,196 316,429 SH SOLE 316,429 ELIZABETH ARDEN INC COM 28660G 10 6 13,261 614,730 SH SOLE 614,730 EMMIS COMMUN CORP PFD CV SER A 291525 20 2 642 14,595 SH SOLE 14,595 ENTERCOM COMM CORP CL A 293639 10 0 16,043 507,077 SH SOLE 507,077 ENVIRONMENTAL PWR CORP COM NEW 29406L 20 1 174 21,830 SH SOLE 21,830 FAIRCHILD SEMI COM 303726 10 3 30,487 2,051,656 SH SOLE 2,051,656 FELCOR LDG TR COM 31430F 10 1 16,828 1,110,889 SH SOLE 1,110,889 FLORIDA EAST COAST INDS COM 340632 10 8 8,236 182,117 SH SOLE 182,117 GASCO ENERGY INC NOTE 5.50% 367220 AB 6 918 500,000 PRN SOLE 500,000 GASCO ENERGY INC COM 367220 10 0 22,156 3,287,768 SH SOLE 3,287,768 GAYLORD ENTMT CO NEW COM 367905 10 6 8,640 182,335 SH SOLE 182,335 GENERAL CABLE CORP COM 369300 10 8 10,171 605,385 SH SOLE 605,385 GENESIS HEALTHCARE COM 37184D 10 1 14,630 362,476 SH SOLE 362,476 GLOBAL SIGNAL INC COM 37944Q 10 3 16,493 367,921 SH SOLE 367,921 GRAFTECH INTL LTD COM 384313 10 2 262 48,180 SH SOLE 48,180 GRAY TELEVISION INC COM 389375 10 6 8,234 780,638 SH SOLE 780,638 GREY WOLF INC COM 397888 10 8 23,131 2,743,214 SH SOLE 2,743,214 HAWAIIAN HOLDINGS INC COM 419879 10 1 32 10,800 SH SOLE 10,800 HELMERICH & PAYNE INC COM 423452 10 1 17,534 289,999 SH SOLE 289,999 HOST MARRIOTT NEW COM 44107P 10 4 10,166 594,181 SH SOLE 594,181 IMAX CORP COM 45245E 10 9 27,648 2,650,918 SH SOLE 2,650,918 INFINITY INC COM PAR 45663L 40 3 111 13,640 SH SOLE 13,640 INFINITY PPTY & CAS COM 45665Q 10 3 16,735 478,702 SH SOLE 478,702 INTERSTATE HTLS & RSRTS COM 46088S 10 6 510 109,745 SH SOLE 109,745 ISLE OF CAPRI COM 464592 10 4 25,774 1,214,255 SH SOLE 1,214,255 KFX INC COM 48245L 10 7 191 11,165 SH SOLE 11,165 KAN CITY STHRN COM 485170 30 2 24,182 1,033,368 SH SOLE 1,033,368 KENSEY NASH CORP COM 490057 10 6 17,390 569,064 SH SOLE 569,064 KINDRED HEALTHCARE COM 494580 10 3 20,807 693,155 SH SOLE 693,155 KULICKE & SOFFA COM 501242 10 1 13,591 1,871,697 SH SOLE 1,871,697 LTX CORP COM 502392 10 3 151 35,825 SH SOLE 35,825 LA QUINTA PRD CTF 50419U 20 2 21,431 2,471,720 SH SOLE 2,471,720 LAB CORP AMER HLDGS COM NEW 50540R 40 9 4,519 92,844 SH SOLE 92,844 MAGELLAN HLTH SVCS COM 559079 20 7 26,610 758,694 SH SOLE 758,694 MANOR CARE INC NEW COM 564055 10 1 5,570 145,003 SH SOLE 145,003 MASSEY ENERGY CORP COM 576206 10 6 15,237 297,132 SH SOLE 297,132 MASTEC INC COM 576323 10 9 141 12,925 SH SOLE 12,925 MERISTAR HSP NOTE 58984Y AJ 2 1,660 1,230,000 PRN SOLE 1,230,000 MERISTAR HSPTY COM 58984Y 10 3 42,054 4,602,349 SH SOLE 4,602,349 MICRON TECH NOTE 2.500% 595112 AG 8 1,118 950,000 PRN SOLE 950,000 MICRON TECHNOLOGY INC COM 595112 10 3 8,600 632,437 SH SOLE 632,437 MIKOHN GAMING CORP COM 59862K 10 8 12,787 953,942 SH SOLE 953,942 NBTY INC COM 628782 10 4 16,990 723,454 SH SOLE 723,454 NATL OILWELL VARCO COM 637071 10 1 8,065 121,405 SH SOLE 121,405 NATIONSHEALTH INC COM 63860C 10 0 107 13,500 SH SOLE 13,500 NEVADA GOLD & CASINOS COM NEW 64126Q 20 6 199 17,680 SH SOLE 17,680 NEXTEL PARTNERS INC CL A 65333F 10 7 6,801 270,300 SH SOLE 270,300 NOVELL INC COM 670006 10 5 31,443 4,194,829 SH SOLE 4,194,829 NOVELLUS SYS INC COM 670008 10 1 5,057 202,819 SH SOLE 202,819 OM GROUP INC COM 670872 10 0 15,057 749,587 SH SOLE 749,587 OMNICARE INC COM 681904 10 8 9,384 167,494 SH SOLE 167,494 ON SEMICONDUCT COM 682189 10 5 20,563 3,994,334 SH SOLE 3,994,334 ORANGE 21 INC COM 685317 10 9 153 31,630 SH SOLE 31,630 PACER INTL INC TENN COM 69373H 10 6 26,081 988,555 SH SOLE 988,555 PATTERSON UTI ENERGY COM 703481 10 1 6,276 172,967 SH SOLE 172,967 PEABODY ENERGY CORP COM 704549 10 4 7,332 85,355 SH SOLE 85,355 PENN NATL GAMING INC COM 707569 10 9 7,588 247,707 SH SOLE 247,707 PENN TREATY AMR NOTE 6.25% 707874 AD 5 224 170,000 PRN SOLE 170,000 PENN TREATY AMR NOTE 6.25% 707874 AE 3 2,757 89,000 PRN SOLE 89,000 PENN TREATY AMR COM NEW 707874 40 0 5,584 619,068 SH SOLE 619,068 PETSMART INC COM 716768 10 6 3,866 170,782 SH SOLE 170,782 PINNACLE ENTMT COM 723456 10 9 38,040 2,073,502 SH SOLE 2,073,502 PIONEER DRILLING CO COM 723655 10 6 366 18,755 SH SOLE 18,755 PRIDE INTL INC DEL COM 74153Q 10 2 8,986 309,753 SH SOLE 309,753 QUESTAR CORP COM 748356 10 2 6,392 71,752 SH SOLE 71,752 RADIOLOGIX INC COM 75040K 10 9 279 76,365 SH SOLE 76,365 REGAL ENTMT GROUP CL A 758766 10 9 5,446 271,919 SH SOLE 271,919 RELIANT ENERGY INC COM 75952B 10 5 10,097 646,631 SH SOLE 646,631 RUBY TUESDAY INC COM 781182 10 0 20,381 940,234 SH SOLE 940,234 SBA COMM CORP COM 78388J 10 6 48,275 3,113,235 SH SOLE 3,113,235 SANDS REGENT COM 800091 10 0 125 13,350 SH SOLE 13,350 SINCLAIR BRD SDCV 829226 AV 1 1,152 1,320,250 PRN SOLE 1,320,250 SINCLAIR BRD CL A 829226 10 9 21,285 2,402,272 SH SOLE 2,402,272 SPANISH BRD CL A 846425 88 2 21,620 2,996,428 SH SOLE 2,996,428 SUNCOM WIRELESS HLDGS INC CL A 86722Q 10 8 185 53,700 SH SOLE 53,700 SUNTERRA NOTE 3.750% 86787D AC 3 1,003 1,000,000 PRN SOLE 1,000,000 SUNTERRA COM NEW 86787D 20 8 16,848 1,291,548 SH SOLE 1,291,548 TLC VISION CORP COM 872549 10 0 17,572 2,575,323 SH SOLE 2,575,323 TELEWEST GLOBAL INC COM 87956T 10 7 9,714 420,144 SH SOLE 420,144 TESORO CORP COM 881609 10 1 6,428 93,658 SH SOLE 93,658 TODCO CL A 88889T 10 7 27,889 664,003 SH SOLE 664,003 U S CONCRETE INC COM 90333L 10 2 171 22,200 SH SOLE 22,200 UBIQUITEL INC COM 903474 30 2 25,322 2,902,558 SH SOLE 2,902,558 ULTRA PETROLEUM CORP COM 903914 10 9 12,239 205,420 SH SOLE 205,420 UNIT CORP COM 909218 10 9 17,359 314,306 SH SOLE 314,306 UNITED RENTALS COM 911363 10 9 20,528 1,038,550 SH SOLE 1,038,550 VISHAY INTER INC COM 928298 10 8 13,485 1,125,801 SH SOLE 1,125,801 WABTEC CORP COM 929740 10 8 21,709 791,638 SH SOLE 791,638 WASTE SERVICES INC DEL COM 941075 10 3 37 10,000 SH SOLE 10,000 WESTERN GAS RES INC COM 958259 10 3 20,610 401,175 SH SOLE 401,175 WINDSORTECH INC COM 97380P 10 0 180 102,715 SH SOLE 102,715 TOTAL 1,707,825 -----END PRIVACY-ENHANCED MESSAGE-----