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SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
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FORM 10-Q/A-1
FORM 10-Q/A QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF
THE SECURITIES AND EXCHANGE ACT OF 1934
FOR THE QUARTER ENDED SEPTEMBER 30, 1995 COMMISSION FILE NUMBER: 0-7101
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INAMED CORPORATION
State of Incorporation: Florida I.R.S. Employer Identification No.: 59-0920629
3800 Howard Hughes Parkway, Suite #900, Las Vegas, Nevada 89109
Telephone Number: (702) 791-3388
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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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On September 30, 1995 there were 7,677,617 Shares of the Registrant's Common
Stock Outstanding.
This document contains 3 pages.
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INAMED CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
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(UNAUDITED)
SEPTEMBER 30, 1995 DECEMBER 31, 1994
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LIABILITIES AND STOCKHOLDERS' EQUITY
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Current liabilities:
Current installments of long-
term debt $ 21,715 $ 176,910
Notes payable to bank 1,795,543 1,795,721
Related party notes payable 1,084,814 970,610
Accounts payable 16,289,799 15,780,050
Accrued liabilities:
Salaries and wages 5,972,023 2,251,275
Interest 566,338 567,365
Self-insurance 1,237,032 1,291,605
Stock option compensation 68,714 68,714
Other 2,990,602 3,593,024
Royalties payable 1,975,580 1,053,888
Income taxes payable 4,349,931 4,960,352
Deferred income taxes 109,995 335,777
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Total current liabilities 36,462,086 32,845,291
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Long-term debt, excluding current
installments 39,325 50,801
Deferred grant income 1,026,595 931,387
Deferred income taxes 945,067 352,115
Litigation settlement 9,152,000 9,152,000
Net stockholders' equity:
Common stock, $0.01 par value
Authorized 20,000,000 shares;
issued and outstanding 7,677,617 76,776 74,662
Additional paid-in capital 10,071,635 9,699,345
Cumulative translation adjustment 997,719 437,683
Accumulated deficit (4,440,507) (5,732,863)
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Net stockholders' equity 6,705,623 4,478,827
Commitments and contingencies ------------ -------------
$ 54,330,696 $ 47,810,401
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The Notes to Financial Statements are an integral part of this statement.
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INAMED CORPORATION
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
INAMED CORPORATION
By /s/Michael D. Farney
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Michael D. Farney
Chief Executive Officer and
Chief Financial Officer
Dated: April 3, 1996
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