UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)*
WORLD ACCEPTANCE CORPORATION
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
(Title of Class of Securities)
981419 10 4
(CUSIP Number)
DECEMBER 31, 2004
(Date of Event which Requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 981419 10 4
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
THOMAS W. SMITH
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZEN OR PLACE OF ORGANIZATION
UNITED STATES
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5 SOLE VOTING POWER
300
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH
REPORTING 1,941,848
PERSON
WITH --------------------------------------------------------
7 SOLE DISPOSITIVE POWER
94,800
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,941,848
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,036,648
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
NOT APPLICABLE
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9%
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12 TYPE OF REPORTING PERSON
IN
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CUSIP No. 981419 10 4
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
SCOTT J. VASSALLUZZO
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZEN OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH
REPORTING 1,896,848
PERSON
WITH --------------------------------------------------------
7 SOLE DISPOSITIVE POWER
36,000
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,896,848
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,932,848
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
NOT APPLICABLE
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.3%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
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CUSIP No. 981419 10 4
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
DANIEL J. ENGLANDER
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZEN OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
3,000
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH
REPORTING 45,000
PERSON
WITH --------------------------------------------------------
7 SOLE DISPOSITIVE POWER
3,000
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
45,000
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,000
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
NOT APPLICABLE
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.3%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
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Explanatory Note: This Amendment No. 6 on Schedule 13G is being filed (i)
pursuant to Rule 13d-2(b) of the Securities Exchange Act of 1934, as amended,
to reflect changes in the information reported in the previous filing, and (ii)
to reflect the removal of Thomas N. Tryforos as a joint filer based on the fact
that, as of December 31, 2004, Mr. Tryforos no longer beneficially owns more
than five percent of the issuer's common stock.
ITEM 1. (a) NAME OF ISSUER:
World Acceptance Corporation
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
108 Frederick Street
Greenville, SC 29607
ITEM 2. (a) NAME OF PERSON FILING:
(i) Thomas W. Smith
(ii) Scott J. Vassalluzzo
(iii) Daniel J. Englander
The filing of this Statement shall not be deemed to be an
admission that the filing persons comprise a "group" within the
meaning of Section 13(d)(3) of the Securities Exchange Act of
1934, as amended. The Reporting Persons each disclaim beneficial
ownership of the shares reported in this Schedule 13G in excess
of those shares as to which they have or share voting or
investment authority.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
The following is the address of the principal business office of
each of the filing persons:
323 Railroad Avenue
Greenwich, CT 06830
(c) CITIZENSHIP:
Each of Messrs. Thomas W. Smith, Scott J. Vassalluzzo and Daniel
J. Englander is a United States citizen.
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, no par value
(e) CUSIP NUMBER:
981419 10 4
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR
(c), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(c), CHECK THIS BOX [X]
ITEM 4. OWNERSHIP
(a) Thomas W. Smith - 2,036,648 shares; Scott J. Vassalluzzo -
1,932,848 shares; Daniel J. Englander - 48,000 shares
(b) Thomas W. Smith - 10.9%; Scott J. Vassalluzzo - 10.3%; Daniel J.
Englander - 0.3%
(c) Messrs. Smith and Englander have the sole power to vote or to
direct the vote of 300 and 3,000 shares, respectively. Mr.
Vassalluzzo has the sole power to vote or to direct the vote of
no shares. Messrs. Smith, Vassalluzzo and Englander have the sole
power to dispose or to direct the disposition of 94,800, 36,000
and 3,000 shares, respectively. Messrs. Smith, Vassalluzzo and
Englander share the power to vote or to direct the vote of and to
dispose or to direct the disposition of 1,941,848, 1,896,848 and
45,000 shares, respectively. Voting and investment authority over
investment accounts established for the benefit of certain family
members and friends of the Reporting Persons is subject to each
beneficiary's right to terminate or otherwise direct the
disposition of the investment account.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
As of December 31, 2004, Thomas N. Tryforos ceased to beneficially own
more than five percent of the outstanding common stock of the Issuer.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Messrs. Smith, Vassalluzzo and Englander in the aggregate beneficially
own 2,072,648 shares in their capacities as investment managers for
certain managed accounts. The managed accounts have the right to receive
dividends from, and the proceeds from the sale of, the managed accounts'
shares. Voting and investment authority over investment accounts
established for the benefit of certain family members and friends of the
Reporting Persons is subject to each beneficiary's right, if so
provided, to terminate or otherwise direct the disposition of the
Managed Account.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
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ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10.CERTIFICATION
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 14, 2005
/s/ Thomas W. Smith
-------------------------------------
Thomas W. Smith
/s/ Scott J. Vassalluzzo
-------------------------------------
Scott J. Vassalluzzo
/s/ Daniel J. Englander
-------------------------------------
Daniel J. Englander
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JOINT FILING AGREEMENT
The undersigned agree that the foregoing Statement on Schedule 13G, dated
February 14, 2005, is being filed with the Securities and Exchange Commission on
behalf of each of the undersigned pursuant to Rule 13d-1(k).
Dated: February 14, 2005
/s/ Thomas W. Smith
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Thomas W. Smith
/s/ Scott J. Vassalluzzo
---------------------------------------
Scott J. Vassalluzzo
/s/ Daniel J. Englander
---------------------------------------
Daniel J. Englander
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