<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-Q/A
/X/ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
For the quarterly period ended June 30, 1996
OR
/ / Transition report pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the transition period from _____________ to ______________
Commission File Number: 1-11905
NATIONAL PROCESSING, INC.
(Exact name of registrant as specified in its charter)
OHIO 61-1303983
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1231 Durrett Lane, Louisville, Kentucky 40285-0001
(Address of principal executive offices) (Zip Code)
(502) 364-2000
(Registrant's telephone number, including area code)
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 X
------- -------
The registrant had 50,575,000 shares of common stock, without par value
("Common Stock"), outstanding as of August 30, 1996.
<PAGE> 2
NATIONAL PROCESSING, INC.
INDEX
<TABLE>
<CAPTION>
PART II. OTHER INFORMATION PAGE
----
<S> <C> <C>
Item 6. Exhibits and Reports on Form 8-K 3
</TABLE>
2
<PAGE> 3
Part II - Other Information
Item 6 - Exhibits and Reports on Form 8-K
a. Exhibits
27 Financial Data Schedule
Second Quarter
-3-
<PAGE> 4
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.
NATIONAL PROCESSING, INC.
Date: October 25, 1996 By: /s/ Richard A. Alston
-------------------------------
Executive Vice President
Finance and Corporate Development
(Principal Financial Officer)
By: /s/ Danny L. McDaniel
-------------------------------
Chief Accounting Officer
(Principal Accounting Officer)
4
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
FORM 10-Q FOR THE PERIOD ENDED JUNE 30, 1996, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0001016277
<NAME> NATIONAL PROCESSING, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 33,976
<SECURITIES> 0
<RECEIVABLES> 66,447
<ALLOWANCES> 0
<INVENTORY> 5,606
<CURRENT-ASSETS> 160,735
<PP&E> 83,983
<DEPRECIATION> (48,932)
<TOTAL-ASSETS> 275,813
<CURRENT-LIABILITIES> 86,047
<BONDS> 0
<COMMON> 1
0
0
<OTHER-SE> 187,166
<TOTAL-LIABILITY-AND-EQUITY> 275,813
<SALES> 0
<TOTAL-REVENUES> 175,704
<CGS> 0
<TOTAL-COSTS> 124,360
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 23,126
<INCOME-TAX> 9,915
<INCOME-CONTINUING> 13,211
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 13,211
<EPS-PRIMARY> .31
<EPS-DILUTED> 0
</TABLE>
