COMMUNICATIONS & POWER INDUSTRIES HOLDING CORP
10-Q/A, 1996-06-07
ELECTRONIC COMPONENTS & ACCESSORIES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 10-Q/A

X          QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
           EXCHANGE ACT OF 1934

                      For the quarter ended March 29, 1996
                                       OR

/ /        TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES 
           AND EXCHANGE ACT OF 1934

         For the transition period from ___________________ to _____________

- --------------------------------------------------------------------------------
                       Commission File Number: 33-96858-01
- --------------------------------------------------------------------------------
              COMMUNICATIONS & POWER INDUSTRIES HOLDING CORPORATION
             (Exact name of registrant as specified in its charter)
                                    Delaware
                            (State of Incorporation)
                                   77-0407395
                     (I.R.S. employer identification number)
                                 607 Hansen Way
                        Palo Alto, California 94303-1110
                                 (415) 846-2900
               (Address, including zip code, and telephone number,
            including area code, of registrant's principal executive
               offices) Securities registered pursuant to Section
                                12(b) of the Act:
                                      None
           Securities registered pursuant to Section 12(g) of the Act:
                                      None
- --------------------------------------------------------------------------------

Indicate by check mark whether each 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  X   No    .
                                              ---     --- 

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding for each of the Registrant's classes
of Common Stock, as of the latest practicable date: COMMUNICATIONS & POWER
INDUSTRIES HOLDING CORPORATION: 200,000 SHARES OF COMMON STOCK, $.01 PAR VALUE,
AT FEBRUARY 1, 1996.
<PAGE>   2
                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                         COMMUNICATIONS & POWER INDUSTRIES HOLDING 
                         CORPORATION

                         By:                 /s/ Al D. Wilunowski
                             ---------------------------------------------------
                                               Al D. Wilunowski
                                     Chief Executive Officer and President
                                               Date: May 6, 1996
                  
                         By:                  /s/ Lynn E. Harvey
                             ---------------------------------------------------
                                                Lynn E. Harvey
                               Chief Financial Officer, Treasurer and Secretary
                                 (Principal Financial and Accounting Officer)
                                               Date: May 6, 1996
   

<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM INTERIM
CONDENSED CONSOLIDATED BALANCE SHEET AND STATEMENT OF OPERATION AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10Q - COMMUNICATIONS & POWER
INDUSTRIES HOLDING CORPORATION FOR QUARTER ENDED MARCH 29, 1996.
</LEGEND>
<CIK> 0001000654
<NAME> COMMUNICATIONS & POWER INDUSTRIES HOLDING CORP.
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-27-1996
<PERIOD-START>                             SEP-30-1995
<PERIOD-END>                               MAR-29-1996
<CASH>                                           4,804
<SECURITIES>                                         0
<RECEIVABLES>                                   44,950
<ALLOWANCES>                                         0
<INVENTORY>                                     49,805
<CURRENT-ASSETS>                               102,068
<PP&E>                                          75,288
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 215,664
<CURRENT-LIABILITIES>                           63,456
<BONDS>                                        138,000
                           13,575
                                          0
<COMMON>                                             2
<OTHER-SE>                                     (9,731)
<TOTAL-LIABILITY-AND-EQUITY>                   215,664
<SALES>                                        126,100
<TOTAL-REVENUES>                               126,100
<CGS>                                           91,839
<TOTAL-COSTS>                                   91,839
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               9,620
<INCOME-PRETAX>                                  4,661
<INCOME-TAX>                                     1,725
<INCOME-CONTINUING>                              2,936
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,936
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
        

</TABLE>


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