<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------------
FORM 10-K/A-1
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 [FEE REQUIRED]
For the fiscal year ended May 31, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from ------ to ------
Commission file number 1-7848
LAZARE KAPLAN INTERNATIONAL INC.
(Exact name of registrant as specified in its charter)
Delaware 13-2728690
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
529 Fifth Avenue, New York, NY 10017
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 972-9700
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Name of each exchange on which registered
- ---------------------------- ------------------------------------------
Common Stock ($1 par value) American 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 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]
As of July 31, 1995, 6,147,808 shares of the registrant's common stock were
outstanding, and the aggregate market value of common stock held by
non-affiliates of the registrant, computed by reference to the closing price for
the registrant's stock on the American Stock Exchange at that date was
$15,508,823.
DOCUMENTS INCORPORATED BY REFERENCE
1995 definitive proxy statement to be filed with the Commission-
incorporated by reference into Part III.
1995 Annual Report to Stockholders for the fiscal year ended May 31, 1995
to be filed with the Commission-incorporated by reference into Parts II and IV.
<PAGE>
Item 14. Exhibits, Financial Statement Schedules, and
Reports on Form 8-K
(c) Exhibits
(27) Financial Data Schedule
<PAGE>
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) 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.
LAZARE KAPLAN INTERNATIONAL INC.
By (s) Sheldon L. Ginsberg
-----------------------------
Sheldon L. Ginsberg
Vice President and
Chief Financial Officer
Dated: August 31, 1995
<PAGE>
EXHIBIT 27
The Schedule contains summary financial information extracted
from the balance sheet and income statement and is qualified
in its entirety by reference to such financial statements.
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAY-31-1995
<PERIOD-END> MAY-31-1995
<CASH> 2,532
<SECURITIES> 0
<RECEIVABLES> 22,522
<ALLOWANCES> 220
<INVENTORY> 55,734
<CURRENT-ASSETS> 86,734
<PP&E> 14,254
<DEPRECIATION> 7,550
<TOTAL-ASSETS> 99,163
<CURRENT-LIABILITIES> 27,444
<BONDS> 26,430
<COMMON> 6,148
0
0
<OTHER-SE> 31,547
<TOTAL-LIABILITY-AND-EQUITY> 99,163
<SALES> 178,143
<TOTAL-REVENUES> 178,143
<CGS> 165,686
<TOTAL-COSTS> 165,686
<OTHER-EXPENSES> 10,386
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 3,489
<INCOME-PRETAX> (1,418)
<INCOME-TAX> 214
<INCOME-CONTINUING> (1,153)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,153)
<EPS-PRIMARY> (0.18)
<EPS-DILUTED> (0.18)
</TABLE>
