UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
(Mark One)
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Quarterly Period Ended July 2, 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: 1-6832
BIC CORPORATION
(Exact name of registrant as specified in its charter)
Incorporated in State of New York I.R.S. Employer Number: 06-0735597
Principal Executive Offices: 500 BIC Drive, Milford, Connecticut 06460
Telephone number, including area code: (203) 783-2000
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 report(s), and (2) has been subject to
such filing requirements for the past 90 days.
Yes _____X_____ No __________
At July 2, 1995, the close of the period covered by this report, registrant had
outstanding 23,559,244 common shares, $1.00 par value per share.
<PAGE>
PART II. OTHER INFORMATION
BIC CORPORATION AND SUBSIDIARIES
Item 6. Exhibits and Reports on Form 8-K
a) Exhibits -
Exhibit 27 - Article 5 - Financial Data Schedule
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
BIC CORPORATION
-------------------------------------------------
(Registrant)
Date: September 22, 1995 Robert L. Macdonald
-------------------------------------------------
(Signature)
Robert L. Macdonald, Vice President - Finance
(Principal Accounting Officer)
<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<CIK> 0000011975
<NAME> BIC CORPORATION
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUL-02-1995
<CASH> 65,923
<SECURITIES> 0
<RECEIVABLES> 96,391
<ALLOWANCES> 5,131
<INVENTORY> 56,805
<CURRENT-ASSETS> 276,548
<PP&E> 288,556
<DEPRECIATION> 158,668
<TOTAL-ASSETS> 440,573
<CURRENT-LIABILITIES> 153,432
<BONDS> 0
<COMMON> 23,559
0
0
<OTHER-SE> 237,888
<TOTAL-LIABILITY-AND-EQUITY> 440,573
<SALES> 257,413
<TOTAL-REVENUES> 257,413
<CGS> 135,222
<TOTAL-COSTS> 135,222
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 48,234
<INCOME-TAX> 19,612
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 28,622
<EPS-PRIMARY> 1.21
<EPS-DILUTED> 1.21
</TABLE>
