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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
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(MARK ONE)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15d OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended August 28, 1998
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File No. 1-13873
STEELCASE INC.
Michigan 38-0819050
(State of incorporation) (I.R.S. Employer
Identification No.)
901 44th Street 49508
Grand Rapids, Michigan (Zip Code)
(Address of principal executive offices)
(616) 247-2710
Registrant's telephone number, including area code
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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 x No
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APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the issuer's classes of
Common stock, as of the latest practicable date: As of October 2, 1998, the
Registrant had outstanding 22,438,706 shares of Class A Common Stock and
131,624,289 shares of Class B Common Stock.
Exhibit index located on page number 3.
This amendment to the registrant's quarterly report on FORM 10-Q for the
quarterly period ended August 28, 1998 is being provided to amend exhibit 27.1
(Financial Data Schedule).
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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.
Steelcase Inc.
Date: January 26, 1998
/s/ ALWYN ROUGIER-CHAPMAN
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Alwyn Rougier-Chapman
Senior Vice President-Finance,
Chief Financial Officer and
Treasurer (Duly Authorized Officer
and Principal Financial Officer)
2
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EXHIBIT INDEX
Designation Description
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27.1 Amended Financial Data Schedule, for the six months ended August 28, 1998
and August 29, 1997, respectively.
(The Financial Data Schedule exhibit to Form 10-Q for the quarterly period
ended August 28, 1998, as originally filed, inadvertently contained income
statement data for the three month period then ended instead of income statement
data for the six month period then ended.)
3
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
AMENDED FINANCIAL DATA SCHEDULE
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C> <C>
<PERIOD-TYPE> 6-MOS 6-MOS
<FISCAL-YEAR-END> FEB-26-1999 FEB-27-1998
<PERIOD-START> FEB-28-1998 MAR-01-1997
<PERIOD-END> AUG-28-1998 AUG-29-1997
<CASH> 193 273
<SECURITIES> 8 29
<RECEIVABLES> 501 488
<ALLOWANCES> 26 24
<INVENTORY> 101 105
<CURRENT-ASSETS> 865 953
<PP&E> 1,853 1,782
<DEPRECIATION> 1,165 1,134
<TOTAL-ASSETS> 2,081 2,065
<CURRENT-LIABILITIES> 436 419
<BONDS> 0 0
0 0
0 0
<COMMON> 386 409
<OTHER-SE> 1,040 1,041
<TOTAL-LIABILITY-AND-EQUITY> 2,081 2,065
<SALES> 1,376 1,359
<TOTAL-REVENUES> 1,376 1,359
<CGS> 858 857
<TOTAL-COSTS> 858 857
<OTHER-EXPENSES> 0 0
<LOSS-PROVISION> 3 5
<INTEREST-EXPENSE> 1 1
<INCOME-PRETAX> 179 186
<INCOME-TAX> 68 72
<INCOME-CONTINUING> 117 114
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 117 114
<EPS-PRIMARY> 0.76 0.73
<EPS-DILUTED> 0.76 0.73
</TABLE>
