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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
FORM 10-Q/A
(Amendment No. 1)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 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 1-7427
DIGICON INC.
(Exact name of registrant as specified in its charter)
DELAWARE 76-0343152
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
3701 KIRBY DRIVE, SUITE #112, HOUSTON, TEXAS 77098
(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (713) 526-5611
NO CHANGES
(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 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
--- ---
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING
THE PRECEDING FIVE YEARS:
Indicate by check mark whether the registrant has filed all documents
and reports required to be filed by Sections 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court. Yes X No
--- ---
APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
CLASS OUTSTANDING AT APRIL 28, 1995
Common Stock, $.01 par value 11,134,939
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Item 6. Exhibits and Reports on Form 8-K
a) Exhibits filed with this report:
11) Computation of income (loss) per common and common equivalent
share for the three and six months ended January 31, 1995 and
1994 (previously filed).
27) Financial Data Schedule for the period ended January 31, 1995
(filed electronically herewith).
b) Reports on Form 8-K
1) Form 8-K Report was filed as of January 17, 1995 with respect
to a one for three reverse split of the Company's outstanding
common stock which was approved by the Company's stockholders
at the 1994 Annual Meeting held on December 14, 1994.
1
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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.
DIGICON INC.
----------------------------------
(Registrant)
Date: May 16, 1995 Stephen J. Ludlow
----------- ----------------------------------
Stephen J. Ludlow
(President)
Date: May 16, 1995 Richard W. McNairy
----------- ----------------------------------
Richard W. McNairy
(Principal Financial Officer)
2
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INDEX TO EXHIBITS
Exhibit No.
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11) Computation of income (loss) per common and common equivalent share
for the three and six months ended January 31, 1995 and 1994
(previously filed).
27) Financial Data Schedule for the period ended January 31, 1995
(filed electronically herewith).
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This Schedule contains Summary Financial Information extracted from (A) Digicon
Inc.'s Form 10-Q for the quarter ended January 31, 1995 and is qualified in
its entirety by reference to such (B) Form 10-Q.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1995
<PERIOD-START> AUG-1-1994
<PERIOD-END> JAN-31-1995
<CASH> 3,471
<SECURITIES> 0
<RECEIVABLES> 37,948
<ALLOWANCES> 613
<INVENTORY> 1,692
<CURRENT-ASSETS> 49,486
<PP&E> 103,431
<DEPRECIATION> 60,499
<TOTAL-ASSETS> 135,200
<CURRENT-LIABILITIES> 43,183
<BONDS> 24,077
<COMMON> 111
0
0
<OTHER-SE> 62,172
<TOTAL-LIABILITY-AND-EQUITY> 135,200
<SALES> 0
<TOTAL-REVENUES> 62,266
<CGS> 0
<TOTAL-COSTS> 59,786
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,501
<INCOME-PRETAX> 2,480
<INCOME-TAX> 1,044
<INCOME-CONTINUING> 1,436
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,436
<EPS-PRIMARY> .13<F1>
<EPS-DILUTED> .13<F1>
<FN>
<F1>EPS are in whole dollars. Depreciation and amortization totalled
$6,846,000 for the six months ended January 31, 1995.
</FN>
</TABLE>
