<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 1
To
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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 December 31, 1994
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 No. 0-8836
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NUCLEAR METALS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
MASSACHUSETTS 04-2506761
(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
2229 MAIN STREET, CONCORD
CONCORD, MASSACHUSETTS 01742
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(508) 369-5410
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
(FORMER NAME, FORMER ADDRESS AND FORMER FISCAL YEAR,
IF CHANGED SINCE LAST REPORT)
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 twelve 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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Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
As of February 10, 1995, there were issued and outstanding 2,311,664 shares of
the Registrant's Common Stock.
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NUCLEAR METALS, INC. AND SUBSIDIARIES
FORM 10-Q
FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 1994
INDEX
Page
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Part I. Financial Information 2
Item I. Financial Statements
Consolidated Balance Sheets,
December 31, 1994 and September 30, 1994 3
Consolidated Statements of Income:
Three Months Ended December 31, 1994 and December 31,1993 4
Consolidated Statements of Cash Flow:
Three Months Ended December 31, 1994 and December 31, 1993 5
Notes to Consolidated Financial Statements 6
Item II. Management's Discussion and Analysis of Financial
Condition and Results of Operations 7-9
SIGNATURES 10
Exhibit 27
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SIGNATURES
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.
Nuclear Metals, Inc.
By /s/ Robert E. Quinn
---------------------------------------------
Robert E. Quinn, President and Treasurer
Chief Executive Officer
Date February 13, 1995
---------------------------------------------
By /s/ James M. Spiezio
---------------------------------------------
James M. Spiezio, Vice President, Finance
Chief Financial Officer
Date February 13, 1995
---------------------------------------------
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> DEC-31-1994
<CASH> 702,000
<SECURITIES> 388,000
<RECEIVABLES> 7,671,000
<ALLOWANCES> 1,290,000
<INVENTORY> 14,138,000
<CURRENT-ASSETS> 22,668,000
<PP&E> 45,981,000
<DEPRECIATION> 30,097,000
<TOTAL-ASSETS> 40,234,000
<CURRENT-LIABILITIES> 4,945,000
<BONDS> 0
<COMMON> 234,000
0
0
<OTHER-SE> 26,147,000
<TOTAL-LIABILITY-AND-EQUITY> 40,234,000
<SALES> 5,626,000
<TOTAL-REVENUES> 5,626,000
<CGS> 4,316,000
<TOTAL-COSTS> 5,406,000
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 109,000
<INCOME-PRETAX> 124,000
<INCOME-TAX> 3,000
<INCOME-CONTINUING> 121,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 0
<EPS-PRIMARY> .05
<EPS-DILUTED> .05
</TABLE>