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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D)
---- OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
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 0-5888
WAXMAN INDUSTRIES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 34-0899894
(STATE OF INCORPORATION) (I.R.S.EMPLOYER IDENTIFICATION NUMBER)
24460 AURORA ROAD,
BEDFORD HEIGHTS, OHIO 44146
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(216) 439-1830
(REGISTRANT'S TELEPHONE NUMBER INCLUDING AREA CODE)
SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:
(NAME OF EACH
(TITLE OF EACH CLASS) EXCHANGE ON WHICH REGISTERED)
- ----------------------------- ------------------------------
Common Stock, $.01 par value New York Stock Exchange
Chicago Stock Exchange
SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:
NONE
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 ninety (90) days.
Yes x No
---
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K.
x
---
Aggregate market value of voting stock held by nonaffiliates of the
registrant based on the closing price at which such stock was sold on the New
York Stock Exchange on September 22, 1995: $9,041,669
Number of shares of Common Stock outstanding as of September 22, 1995:
<TABLE>
<S> <C>
Common Stock 9,497,083
Class B Common Stock 2,215,079
</TABLE>
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The Annual Report on Form 10-K for the fiscal year ended June 30, 1995
(File Number 001-10273) of Waxman Industries, Inc. (the "Company") is hereby
amended by deleting therefrom the Supplementary Financial Information included
therein in its entirety and substituting therefor the following Supplementary
Financial Information.
SUPPLEMENTARY FINANCIAL INFORMATION
Quarterly Results of Operations:
The following is a summary of the unaudited quarterly results of operations
for the fiscal years ended June 30, 1995 and 1994 (in thousands, except per
share amounts):
<TABLE>
<CAPTION>
AUDITED
FISCAL 1995 1ST QTR. 2ND QTR. 3RD QTR. 4TH QTR. TOTAL
----------- -------- -------- -------- -------- -----
<S> <C> <C> <C> <C> <C>
Net sales $37,093 $39,426 $40,370 $ 39,101 $155,990
Gross profit 11,934 13,008 13,403 12,406 50,751
Operating income 2,798 3,653 3,400 1,224 11,075
Loss from continuing operations (1,709) (1,040) (1,547) (4,445) (8,741)
Income (loss) from discontinued
operations 1,157 57 (322) (4,224) (3,332)
Loss on disposal - - - (11,000) (11,000)
Net loss (552) (983) (1,869) (19,669) (23,073)
Primary and fully diluted
earnings per share:
Loss from continuing operations (.15) (.09) (.13) (.38) (.75)
Income (loss) from discontinued
operations .10 .01 (.03) (.36) (.28)
Loss on disposal - - - (.94) (.94)
Net loss (.05) (.08) (.16) (1.68) (1.97)
AUDITED
FISCAL 1994 1ST QTR. 2ND QTR. 3RD QTR. 4TH QTR. TOTAL
----------- -------- -------- -------- -------- -----
Net sales $35,213 $34,257 $34,286 $ 36,141 $139,897
Gross profit 11,346 11,548 11,632 11,708 46,234
Operating income 2,531 2,884 2,939 2,068 10,422
Loss from continuing operations
before extraordinary charge (455) (655) (834) (2,319) (4,263)
Income (loss) from discontinued
operations 984 728 (4,357) 187 (2,458)
Loss on disposal (38,343) - (38,343)
Extraordinary charge - - (6,625) (199) (6,824)
Net income (loss) 529 73 (50,159) (2,331) (51,888)
Primary and fully diluted
earnings per share:
Loss from continuing operations
before extraordinary charge (.04) (.05) (.07) (.20) (.37)
Income (loss) from discontinued
operations .09 .06 (.37) .02 (.21)
Loss on disposal - - (3.28) - (3.28)
Extraordinary charge - - (.57) (.02) (.58)
Net income (loss) .05 .01 (4.29) (.20) (4.44)
</TABLE>
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
October 11, 1995
Waxman Industries, Inc.
By:/s/Andrea Luiga
--------------------------
Chief Financial Officer
