13F-HR 1 form13fhr01874_06302004.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2004 ------------- 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: Steel Partners II, L.P. Address: 590 Madison Avenue, 32nd Floor New York, New York 10022 Form 13F File Number: 28-10730 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: Warren G. Lichtenstein Title: Managing Member of General Partner Phone: 212-758-3232 Signature, Place, and Date of Signing: /s/ Warren G. Lichtenstein, Aspen, CO, August 16, 2004 Report Type (Check only one): /X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) / / 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) / / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 ----------------- Form 13F Information Table Entry Total: 40 ----------------- Form 13F Information Table Value Total: $365669 ----------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-10766 Warren G. Lichtenstein

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------- -------- -------- -------- -------- -------- -------- -------- VOTING AUTHORITY ---------------- TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- AMERICAN INDEPENDENCE CORP COM NEW 026760405 4729 283711 SH OTHER 1 0 283711 0 ANGELICA CORP COM 034663104 23210 924350 SH OTHER 1 0 924350 0 APOLLO INVT CORP COM 03761U106 1377 100000 SH OTHER 1 0 100000 0 BKF CAP GROUP INC COM 05548G102 13624 469000 SH OTHER 1 0 469000 0 BAIRNCO CORP COM 057097107 5153 572600 SH OTHER 1 0 572600 0 CALGON CARBON CORP COM 129603106 6204 925900 SH OTHER 1 0 925900 0 COINSTAR INC COM 19259P300 1418 64552 SH OTHER 1 0 64552 0 CONTINENTAL MATLS CORP COM PAR 211615307 9601 335700 SH OTHER 1 0 335700 0 $0.25 CRONOS GROUP S A SHS L20708100 9309 1440971 SH OTHER 1 0 1440971 0 DYNAMEX INC COM 26784F103 11425 821319 SH OTHER 1 0 821319 0 ENPRO INDS INC COM 29355X107 30419 1323700 SH OTHER 1 0 1323700 0 ENSTAR GROUP INC GA COM 29358R107 9616 184815 SH OTHER 1 0 184815 0 EQUIDYNE CORP COM 29442R105 23 42600 SH OTHER 1 0 42600 0 EVANS & SUTHERLAND COMPUTER SDCV 299096AA5 1702 2934000 PRN OTHER 1 N/A N/A N/A 6.000% 3/0 EVANS & SUTHERLAND COMPUTER COM 299096107 1465 311683 SH OTHER 1 0 311683 0 FIRST YRS INC COM 337610109 4018 217873 SH OTHER 1 0 217873 0 GENCORP INC COM 368682100 49246 3677800 SH OTHER 1 0 3677800 0 IKON OFFICE SOLUTIONS INC COM 451713101 30064 2621100 SH OTHER 1 0 2621100 0 INDEPENDENCE HLDG CO NEW COM NEW 453440307 2062 60130 SH OTHER 1 0 60130 0 JPS INDUSTRIES INC COM 46624E405 8154 2398309 SH OTHER 1 0 2398309 0 LAYNE CHRISTENSEN CO COM 521050104 21400 1293069 SH OTHER 1 0 1293069 0 NASHUA CORP COM 631226107 2781 286947 SH OTHER 1 0 286947 0 NATHANS FAMOUS INC NEW COM 632347100 6415 1018200 SH OTHER 1 0 1018200 0 NATHANS FAMOUS INC NEW *W EXP 632347118 21 41437 SH OTHER 1 N/A N/A N/A 09/30/200 NEW VY CORP COM PAR 649080504 4572 1104357 SH OTHER 1 0 1104357 0 $.01 NOVOSTE CORP COM 67010C100 4382 1599207 SH OTHER 1 0 1599207 0 P & F INDS INC CL A NEW 692830508 2686 351085 SH OTHER 1 0 351085 0 PTEK HLDGS INC COM 69366M104 9242 801542 SH OTHER 1 0 801542 0 PREMIERE TECHNOLOGIES INC NOTE 74058FAC6 1272 1272000 PRN OTHER 1 N/A N/A N/A 5.750% 7/0 RONSON CORP COM NEW 776338204 934 397396 SH OTHER 1 0 397396 0 S L INDS INC COM 784413106 15446 1402950 SH OTHER 1 0 1402950 0 STANDARD MTR PRODS INC COM 853666105 8592 583298 SH OTHER 1 0 583298 0 STRATEGIC DISTR INC COM NEW 862701307 3807 289489 SH OTHER 1 0 289489 0 TRANSTECHNOLOGY CORP DEL COM 893889105 95 13600 SH OTHER 1 0 13600 0 UNITED CAPITAL CORP COM 909912107 1492 87600 SH OTHER 1 0 87600 0 UNITED INDL CORP COM 910671106 36941 1582050 SH OTHER 1 0 1582050 0 WHX CORP COM NEW 929248409 390 240933 SH OTHER 1 0 240933 0 WALTER INDS INC COM 93317Q105 17013 1249100 SH OTHER 1 0 1249100 0 WARWICK VALLEY TEL CO COM 936750108 1026 48279 SH OTHER 1 0 48279 0 WEBFINANCIAL CORP COM 94767P100 4343 1737345 SH OTHER 1 0 1737345 0