SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 18, 1996
COACHMEN INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
Indiana 1-7160 35-1101097
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
601 East Beardsley Ave.
Elkhart, Indiana 46514
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (219-262-0123)
Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Notice of two-for-one stock split
On July 18, 1996, Coachmen Industries, Inc. announced that the
Board of Directors unanimously approved a two-for-one stock
split at their quarterly meeting on July 17, 1996. A copy of the
press release is attached.
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.
Coachmen Industries, Inc.
Gary L. Groom
______________________
Gary L. Groom
Executive Vice President
Finance and Secretary
Dated: August 6, 1996
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PRESS RELEASE
Contact: Gary L. Groom
Chief Financial Officer
July 18, 1996
COACHMEN INDUSTRIES, INC. (NYSE-COA)
ELKHART, IN----Coachmen Industries, Inc. announced today that the
Board of Directors unanimously approved a two-for-one stock split.
The split will be effective August 28, 1996 for shareholders of
record on August 7, 1996.
Thomas H. Corson, Chairman of the Board, said the Board declared
the split in view of the favorable outlook for Coachmen and to
improve the liquidity of the Company's stock. Corson cited strong
market share gains over several years in Coachmen's recreational
vehicle and modular housing businesses, in addition to favorable
demographics as reasons for the positive outlook.
The Company reported record second quarter sales and earnings per
share on July 16. Second quarter sales were $166,715,051, up 30%
from the $128,192,670 reported for the prior year. Net income for
the quarter was $8,685,723, a 106% increase when compared with the
$4,212,086 earned in the second quarter of 1995. Earnings per
share for the quarter were $1.16, more than double the 57 cents
earned last year. Earnings per share for the six months were
$14,936,679 or $1.99 per share as compared to $7,415,550 or $1.00
per share a year ago.
