-----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, G1i7sf7+BtnviQiKvNEMNgFvRKu5GufT433NYFMFX4D5rnG6RuFfUK4qB4vihMNR ULSo5GeEeiXtpo/h+C5DDQ== 0001158202-05-000007.txt : 20050722 0001158202-05-000007.hdr.sgml : 20050722 20050722111502 ACCESSION NUMBER: 0001158202-05-000007 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050630 FILED AS OF DATE: 20050722 DATE AS OF CHANGE: 20050722 EFFECTIVENESS DATE: 20050722 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: 05967851 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 iiifiling.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: June 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: 28-00003 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 July 22, 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: 141 Form 13F Information Table Value Total: $1,340,194 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 AGERE SYS INC COM 00845V 30 8 16,102 1,356,588 SH SOLE 1,356,588 AGERE SYS INC NOTE 00845V AA 8 3,536 3,500,000 PRN SOLE 3,500,000 AGRIUM INC COM 008916 10 8 2,063 104,092 SH SOLE 104,092 AIRTRAN HLDGS INC COM 00949P 10 8 96 10,375 SH SOLE 10,375 ALAMOSA HLDGS INC COM 011589 10 8 31,403 2,246,329 SH SOLE 2,246,329 ALLEGHANY CORP DEL COM 017175 10 0 27,780 93,425 SH SOLE 93,425 ALLIED WST INDS COM 019589 30 8 19,132 2,394,500 SH SOLE 2,394,500 ALLIED WST INDS INC PFD 019589 60 5 1,431 31,055 SH SOLE 31,055 AMERICAN TOWER CORP CL A 029912 20 1 20,272 966,348 SH SOLE 966,348 AMERICAN TOWER CORP NOTE 029912 AK 8 729 405,000 PRN SOLE 405,000 AMERUS GROUP CO COM 03072M 10 8 6,357 131,139 SH SOLE 131,139 AMERISOURCEBERGEN CORP COM 03073E 10 5 3,749 54,070 SH SOLE 54,070 AMKOR TECH INC COM 031652 10 0 25,220 5,575,106 SH SOLE 5,575,106 ARCH COAL INC COM 039380 10 0 16,213 296,907 SH SOLE 296,907 ARROW INTL INC COM 042764 10 0 13,233 412,980 SH SOLE 412,980 AZTAR CORP COM 054802 10 3 23,077 670,218 SH SOLE 670,218 BELO CORP COM SER A 080555 10 5 1,908 79,183 SH SOLE 79,183 BIOVAIL CORP COM 09067J 10 9 16,753 1,073,693 SH SOLE 1,073,693 BROWN SHOE INC NEW COM 115736 10 0 11,247 287,463 SH SOLE 287,463 CCA INDS INC COM 124867 10 2 300 31,581 SH SOLE 31,581 CBRL GROUP INC COM 12489V 10 6 360 9,270 SH SOLE 9,270 CKE REST INC COM 12561E 10 5 19,005 1,367,201 SH SOLE 1,367,201 CABLEVISION SYS CORP CL A 12686C 10 9 2,795 86,391 SH SOLE 86,391 CAPSTONE TURBINE CORP COM 14067D 10 2 95 74,790 SH SOLE 74,790 CAREER EDUCATION CORP COM 141665 10 9 3,938 104,833 SH SOLE 104,833 CENTENNIAL COM CORP CL A 15133V 20 8 13,323 942,590 SH SOLE 942,590 CENTURY CASINOS INC COM 156492 10 0 162 21,640 SH SOLE 21,640 CERES GROUP INC COM 156772 10 5 9,717 1,597,885 SH SOLE 1,597,885 CHAMPS ENTMT INC DEL COM 158787 10 1 83 10,990 SH SOLE 10,990 CHESAPEAKE ENERGY CORP COM 165167 10 7 3,957 164,706 SH SOLE 164,706 CINCINNATI BELL COM 171871 10 6 10,076 2,310,306 SH SOLE 2,310,306 COMSTOCK RES INC COM NEW 205768 20 3 16,525 644,652 SH SOLE 644,652 CONGOLEUM CORP NEW CL A 207195 10 8 64 16,465 SH SOLE 16,465 CONSECO INC PFD B 208464 86 7 4,854 176,500 PRN SOLE 176,500 CONSECO INC COM NEW 208464 88 3 32,994 1,502,205 SH SOLE 1,502,205 CONSOL ENERGY INC COM 20854P 10 9 6,017 108,471 SH SOLE 108,471 CORINTHIAN COLL COM 218868 10 7 15,539 1,213,128 SH SOLE 1,213,128 CREDENCE SYS CORP COM 225302 10 8 3,150 336,470 SH SOLE 336,470 CROMPTON CORP COM 227116 10 0 146 10,364 SH SOLE 10,364 CROWN CASTLE COM 228227 10 4 36,049 1,778,031 SH SOLE 1,778,031 CUMULUS MEDIA INC CL A 231082 10 8 9,306 790,099 SH SOLE 790,099 DARDEN RESTAURANTS INC COM 237194 10 5 3,158 95,646 SH SOLE 95,646 DENNYS CORP COM 24869P 10 4 15,785 3,121,167 SH SOLE 3,121,167 DOLLAR FINL CORP COM 256664 10 3 165 15,510 SH SOLE 15,510 DYNEGY INC NEW CL A 26816Q 10 1 20,818 4,191,049 SH SOLE 4,191,049 DYNEGY INC NEW SDCV 26816Q AB 7 490 360,000 PRN SOLE 360,000 ESS TECHNOLOGY INC COM 269151 10 6 128 30,430 SH SOLE 30,430 EDUCATION MGMT CORP COM 28139T 10 1 8,357 247,492 SH SOLE 247,492 ELIZABETH ARDEN INC COM 28660G 10 6 12,871 549,905 SH SOLE 549,905 ELLIS PERRY INTL INC COM 288853 10 4 216 9,245 SH SOLE 9,245 EMMIS COMMUN CORP PFD 291525 20 2 611 14,595 SH SOLE 14,595 ENTERCOM COMM CORP CL A 293639 10 0 14,048 421,185 SH SOLE 421,185 ENVIRONMENTAL PWR CORP COM NEW 29406L 20 1 122 21,830 SH SOLE 21,830 FAIRCHILD SEMI COM 303726 10 3 25,950 1,745,220 SH SOLE 1,745,220 FELCOR LODGING TR INC COM 31430F 10 1 14,389 990,374 SH SOLE 990,374 FINISAR COM 31787A 10 1 133 126,385 SH SOLE 126,385 FLORIDA EAST COAST COM 340632 10 8 7,062 162,478 SH SOLE 162,478 FRIENDLY ICE CREAM NEW COM 358497 10 5 112 10,320 SH SOLE 10,320 GASCO ENERGY INC COM 367220 10 0 13,382 3,568,010 SH SOLE 3,568,010 GASCO ENERGY INC NOTE 367220 AB 6 594 500,000 PRN SOLE 500,000 GAYLORD ENTMT CO NEW COM 367905 10 6 4,447 95,505 SH SOLE 95,505 GENESIS HLTH CORP COM 37184D 10 1 15,022 324,536 SH SOLE 324,536 GRAY TELEVISION INC COM 389375 10 6 10,416 858,181 SH SOLE 858,181 GREY WOLF INC COM 397888 10 8 21,350 2,881,255 SH SOLE 2,881,255 GREY WOLF INC NOTE 397888 AD 0 904 705,000 PRN SOLE 705,000 GUILFORD PHARM INC COM 401829 10 6 33 14,375 SH SOLE 14,375 HANOVER COMPR NOTE 410768 AE 5 1,099 1,045,000 PRN SOLE 1,045,000 HELMERICH & PAYNE INC COM 423452 10 1 14,471 307,300 SH SOLE 307,300 HOST MARRIOTT CORP NEW COM 44107P 10 4 6,780 379,487 SH SOLE 379,487 IMAX CORP COM 45245E 10 9 23,543 2,369,093 SH SOLE 2,369,093 INFINITY INC COM PAR $.0001 45663L 40 3 149 17,625 SH SOLE 17,625 INFINITY P&C CORP COM 45665Q 10 3 14,958 427,897 SH SOLE 427,897 INTERS HOTELS & RESRTS I COM 46088S 10 6 226 46,045 SH SOLE 46,045 ISLE OF CAPRI CASINOS COM 464592 10 4 22,567 851,347 SH SOLE 851,347 K C STHRN COM 485170 30 2 20,380 1,005,337 SH SOLE 1,005,337 KENSEY NASH CORP COM 490057 10 6 15,391 508,679 SH SOLE 508,679 KEY ENERGY SVCS INC COM 492914 10 6 10,233 845,723 SH SOLE 845,723 KINDRED HLTHCARE INC COM 494580 10 3 16,562 417,078 SH SOLE 417,078 KULICKE & SOFFA COM 501242 10 1 13,121 1,659,710 SH SOLE 1,659,710 LA QUINTA PAIRED 50419U 20 2 19,097 2,047,620 SH SOLE 2,047,620 LAB CORP AMER HLDGS COM 50540R 40 9 1,967 39,618 SH SOLE 39,618 MAGELLAN HLTH SVCS COM 559079 20 7 21,554 607,673 SH SOLE 607,673 MAJESCO ENTER CO COM 560690 20 8 165 25,205 SH SOLE 25,205 MANOR CARE INC NEW COM 564055 10 1 5,257 132,253 SH SOLE 132,253 MASSEY ENERGY CORP COM 576206 10 6 16,445 434,279 SH SOLE 434,279 MERISTAR HSP COM 58984Y 10 3 33,013 3,819,168 SH SOLE 3,819,168 MERISTAR HSP NOTE 58984Y AJ 2 1,586 1,230,000 PRN SOLE 1,230,000 METHANEX CORP COM 59151K 10 8 2,478 149,816 SH SOLE 149,816 MICRON TECHNOLOGY INC COM 595112 10 3 3,368 330,174 SH SOLE 330,174 MICRON TECHNOLOGY INC NOTE 595112 AG 8 762 750,000 PRN SOLE 750,000 MIKOHN GAMING CORP COM 59862K 10 8 8,841 599,099 SH SOLE 599,099 NBTY INC COM 628782 10 4 16,753 647,584 SH SOLE 647,584 NATL OILWELL VARCO INC COM 637071 10 1 4,230 88,559 SH SOLE 88,559 NEV GOLD & CASINOS INC COM NEW 64126Q 20 6 197 18,180 SH SOLE 18,180 NEXTEL PARTNERS INC CL A 65333F 10 7 20,779 825,147 SH SOLE 825,147 NOVELL INC COM 670006 10 5 19,318 3,125,434 SH SOLE 3,125,434 NOVELL INC DBCV 670006 AC 9 851 1,000,000 PRN SOLE 1,000,000 NOVELLUS SYS INC COM 670008 10 1 2,486 101,099 SH SOLE 101,099 OMNICARE INC COM 681904 10 8 7,574 175,351 SH SOLE 175,351 ON SEMI CORP COM 682189 10 5 25,424 5,544,991 SH SOLE 5,544,991 ORANGE 21 INC COM 685317 10 9 128 24,965 SH SOLE 24,965 PACER INTL INC TENN COM 69373H 10 6 18,003 816,420 SH SOLE 816,420 PAR PHARM COS INC COM 69888P 10 6 2,473 77,050 SH SOLE 77,050 PATTERSON UTI ENGY INC COM 703481 10 1 3,128 109,716 SH SOLE 109,716 PEABODY ENERGY CORP COM 704549 10 4 3,477 65,526 SH SOLE 65,526 PENN NATL GAMING INC COM 707569 10 9 5,785 157,839 SH SOLE 157,839 PENN TREATY AMER CORP COM 707874 10 3 1,386 587,032 SH SOLE 587,032 PENN TREATY AMER CORP NOTE 707874 AD 5 232 170,000 PRN SOLE 170,000 PENN TREATY AMER CORP NOTE 707874 AE 3 2,847 89,000 PRN SOLE 89,000 PETSMART INC COM 716768 10 6 3,389 112,091 SH SOLE 112,091 PINNACLE ENT INC COM 723456 10 9 43,307 2,190,776 SH SOLE 2,190,776 PIONEER DRILL CO COM 723655 10 6 286 18,755 SH SOLE 18,755 PRIDE INTL INC DEL COM 74153Q 10 2 5,042 197,681 SH SOLE 197,681 QUESTAR CORP COM 748356 10 2 3,066 45,648 SH SOLE 45,648 RADIOLOGIX INC COM 75040K 10 9 255 59,895 SH SOLE 59,895 REGAL ENTMT GROUP CL A 758766 10 9 2,615 137,632 SH SOLE 137,632 RELIANT ENERGY INC COM 75952B 10 5 2,912 232,353 SH SOLE 232,353 RUBY TUESDAY INC COM 781182 10 0 12,657 487,484 SH SOLE 487,484 SBA COMM CORP COM 78388J 10 6 29,329 2,161,185 SH SOLE 2,161,185 SVC CORP INTL COM 817565 10 4 10,864 1,352,216 SH SOLE 1,352,216 SINCLAIR BRD CL A 829226 10 9 19,926 2,181,281 SH SOLE 2,181,281 SPANISH BRD CL A 846425 88 2 24,771 2,459,906 SH SOLE 2,459,906 SUNTERRA CORP COM NEW 86787D 20 8 15,996 985,628 SH SOLE 985,628 SUNTERRA CORP NOTE 86787D AC 3 1,157 1,000,000 PRN SOLE 1,000,000 SYNAGRO TECH INC COM NEW 871562 20 3 169 35,000 SH SOLE 35,000 TELEWEST GLOBAL INC COM 87956T 10 7 6,522 286,834 SH SOLE 286,834 TERRA INDS INC COM 880915 10 3 12,476 1,835,810 SH SOLE 1,835,810 TESORO CORP COM 881609 10 1 2,883 60,422 SH SOLE 60,422 US UNWIRED INC COM 90338R 10 4 137 23,639 SH SOLE 23,639 UBIQUITEL INC COM 903474 30 2 21,971 2,693,754 SH SOLE 2,693,754 ULTRA PETROLEUM CORP COM 903914 10 9 4,935 159,674 SH SOLE 159,674 UNIT CORP COM 909218 10 9 17,190 389,859 SH SOLE 389,859 UNITED RENTALS INC COM 911363 10 9 17,167 851,182 SH SOLE 851,182 UNITED RENTALS NA IN NOTE 911365 AH 7 712 730,000 PRN SOLE 730,000 VICAL INC COM 925602 10 4 189 38,710 SH SOLE 38,710 VISHAY INTRTCH COM 928298 10 8 11,918 1,003,845 SH SOLE 1,003,845 WABTEC CORP COM 929740 10 8 13,719 642,200 SH SOLE 642,200 WASTE SERVICES INC DEL COM 941075 10 3 38 10,000 SH SOLE 10,000 WESTERN GAS RES INC COM 958259 10 3 18,926 539,950 SH SOLE 539,950 WIRELESS FAC INC COM 97653A 10 3 2,818 452,648 SH SOLE 452,648 NABORS INDUSTRIES LTD SHS G6359F 10 3 4,453 73,391 SH SOLE 73,391 TOTAL 1,340,194 -----END PRIVACY-ENHANCED MESSAGE-----