LOGITECH INTERNATIONAL SA - Shareholder.com

More documents

Recommendations

Info

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2007 Commission File Number: 0-29174 LOGITECH INTERNATIONAL S.A. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant’s name into English) Canton of Vaud, Switzerland (Jurisdiction of incorporation or organization) Logitech International S.A. Apples, Switzerland c/o Logitech Inc. 6505 Kaiser Drive Fremont, California 94555 (510) 795-8500 (Address and telephone number of principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Registered Shares par value CHF 0.25 per share Nasdaq Global Select Market Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None The number of outstanding shares of each of the issuer’s classes of capital or common stock as of March 31, 2007 was 182,242,981 registered shares. No Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ⎩ Yes � If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. � Yes ⎩ No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ⎩ Yes � No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. ⎩ Large accelerated filer � Accelerated filer � Non-accelerated filer Indicate by check mark which financial statement item the registrant has elected to follow. � Item 17 ⎩ Item 18 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). � Yes ⎩ No
Table of Contents Part I TABLE OF CONTENTS Item 1. Identity of Directors, Senior Management and Advisers 4 Item 2. Offer Statistics and Expected Timetable 4 Item 3. Key Information 5 Item 4. Information on the Company 13 Item 4A. Unresolved Staff Comments 32 Item 5. Operating and Financial Review and Prospects 32 Item 6. Directors, Senior Management and Employees 50 Item 7. Major Shareholders and Related Party Transactions 51 Item 8. Financial Information 52 Item 9. The Offer and Listing 53 Item 10. Additional Information 56 Item 11. Quantitative and Qualitative Disclosures about Market Risk 58 Item 12. Description of Securities Other than Equity Securities 60 Part II Item 13. Defaults, Dividend Arrearages and Delinquencies 61 Item 14. Material Modifications to the Rights of Security Holders and Use of Proceeds 61 Item 15. Controls and Procedures 61 Item 16A. Audit Committee Financial Expert 62 Item 16B. Code of Ethics 62 Item 16C. Principal Accountant Fees and Services 63 Item 16D. Exemptions from the Listing Standards for Audit Committees 63 Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers 63 Part III Item 17. Financial Statements 64 Item 18. Financial Statements 64 Item 19. Exhibits 65 Signatures 66 Certifications In this document, unless otherwise indicated, references to the “Company” or “Logitech” are to Logitech International S.A., its consolidated subsidiaries and predecessor entities. Unless otherwise specified, all references to U.S. dollar, dollar or $ are to the United States dollar, the legal currency of the United States of America. All references to CHF are to the Swiss franc, the legal currency of Switzerland. Logitech, the Logitech logo, and the Logitech products referred to herein are either the trademarks or the registered trademarks of Logitech. All other trademarks are the property of their respective owners. 2 Page
Page 1: LOGITECH INTERNATIONAL SA FORM 20-F
Page 5 and 6: Table of Contents PART I ITEM 1. ID
Page 7 and 8: Table of Contents The following tab
Page 9 and 10: Table of Contents market, and a tre
Page 11 and 12: Table of Contents enforcement of le
Page 13 and 14: Table of Contents If we do not succ
Page 15 and 16: Table of Contents Labtec - Audio. I
Page 17 and 18: Table of Contents • The One-Touch
Page 19 and 20: Table of Contents wireless rear sat
Page 21 and 22: Table of Contents such as Popular M
Page 23 and 24: Table of Contents most new PCs can
Page 25 and 26: Table of Contents enabling a broad
Page 27 and 28: Table of Contents Audio The Company
Page 29 and 30: Table of Contents Customer Service
Page 31 and 32: Table of Contents jurisdictions. Lo
Page 33 and 34: Table of Contents product throughou
Page 35 and 36: Table of Contents We base our estim
Page 37 and 38: Table of Contents Share-Based Compe
Page 39 and 40: Table of Contents disclosures assoc
Page 41 and 42: Table of Contents sales growth in a
Page 43 and 44: Table of Contents The decrease in n
Page 45 and 46: Table of Contents Gross Profit Gros
Page 47 and 48: Table of Contents The Company’s n
Page 49 and 50: Table of Contents During fiscal yea
Page 51 and 52: Table of Contents Purchase Obligati
Page 53 and 54:
Table of Contents (1) Beneficial ow
Page 55 and 56:
Table of Contents SWX Swiss Exchang
Page 57 and 58:
Table of Contents D. Selling Shareh
Page 59 and 60:
Table of Contents Withholding Tax U
Page 61 and 62:
Table of Contents If the U.S. dolla
Page 63 and 64:
Table of Contents (d) Changes in In
Page 65 and 66:
Table of Contents ITEM 17. FINANCIA
Page 67 and 68:
Table of Contents SIGNATURES The re
Page 69 and 70:
Table of Contents REPORT OF THE IND
Page 71 and 72:
Table of Contents LOGITECH INTERNAT
Page 73 and 74:
Page 75 and 76:
Table of Contents Note 1 — The Co
Page 77 and 78:
Page 79 and 80:
Table of Contents Impairment of Lon
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Table of Contents Note 17 — Inter
Page 99 and 100:
Page 101 and 102:
LOGITECH INTERNATIONAL S.A. LIST OF
Page 103 and 104:
CONSENT OF INDEPENDENT REGISTERED P
Page 105 and 106:
REPORT ON CORPORATE GOVERNANCE Logi
Page 107 and 108:
An additional 40 million shares hav
Page 109 and 110:
The Company has not issued non-voti
Page 111 and 112:
Trustees of the Santa Fe Institute,
Page 113 and 114:
is responsible for leading the tran
Page 115 and 116:
(4) Mr. Okamoto will retire from th
Page 117 and 118:
Compensation Committee The Compensa
Page 119 and 120:
the Chairman and the Chief Executiv
Page 121 and 122:
eight years at Weiser Lock, a divis
Page 123 and 124:
During 2007, stock option grants to
Page 125 and 126:
proceedings that may arise by reaso
Page 127 and 128:
5.7 Additional Fees and Remuneratio
Page 129 and 130:
Shareholders is sent and re-opens o
Page 131 and 132:
Independent Registered Public Accou
Page 133 and 134:
LOGITECH INTERNATIONAL S.A. Consoli
Page 135 and 136:
I, Mark J. Hawkins, certify that: C
show all

LOGITECH INTERNATIONAL SA - Shareholder.com

Create successful ePaper yourself

Delete template?

Save as template?