UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the quarter ended December 31, 1994 Commission File Number 0-2324
AEROFLEX INCORPORATED
(Formerly ARX, Inc.)
(Exact name of Registrant as specified in its Charter)
DELAWARE 11-1974412
- -------------------------------- ------------------------------
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
35 South Service Road
Plainview, N.Y. 11803
- -------------------------------- ------------------------------
(Address of principal executive offices) (Zip Code)
(516) 694-6700
- ----------------------------------------------------------------------
(Registrant's telephone number, including area code)
*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, and (2) has been subject to such filing
requirements for the past 90 days.
Yes [X] No [ ]
Indicate the number of shares outstanding of each of the issuer's classes of
common stock as of the latest practicable date.
March 9, 1995 11,744,119
- -------------------------------------------------------------------------
(Date) (Number of Shares)
<PAGE> 2
AEROFLEX INCORPORATED
AND SUBSIDIARIES
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.
AEROFLEX INCORPORATED
(REGISTRANT)
By: /s/ Michael Gorin
--------------------------------
Michael Gorin
President and Chief Financial
Officer
March 10, 1995
<PAGE> 3
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C.
ARX, INC.
Form 10-Q/A
EXHIBIT INDEX
Exhibit
Number Exhibit Description
- -------- -------------------
27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from the
condensed consolidated financial statements for the quarter ended
December 31, 1994 and is qualified in its entirety by reference to
such statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-END> DEC-31-1994
<CASH> 12,261,000
<SECURITIES> 0
<RECEIVABLES> 13,386,000
<ALLOWANCES> 520,000
<INVENTORY> 14,755,000
<CURRENT-ASSETS> 42,128,000
<PP&E> 36,100,000
<DEPRECIATION> 22,888,000
<TOTAL-ASSETS> 71,348,000
<CURRENT-LIABILITIES> 9,425,000
<BONDS> 10,000,000
<COMMON> 1,174,000
0
0
<OTHER-SE> 42,168,000
<TOTAL-LIABILITY-AND-EQUITY> 71,348,000
<SALES> 29,848,000
<TOTAL-REVENUES> 29,848,000
<CGS> 20,411,000
<TOTAL-COSTS> 27,269,000
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 784,000
<INCOME-PRETAX> 4,119,000
<INCOME-TAX> 320,000
<INCOME-CONTINUING> 3,799,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 3,799,000
<EPS-PRIMARY> .31
<EPS-DILUTED> .30
</TABLE>
