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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 SEPTEMBER 30, 1998 COMMISSION FILE NUMBER 1-6747
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THE GORMAN-RUPP COMPANY
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
OHIO 34-0253990
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(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
305 BOWMAN STREET, P. O. BOX 1217, MANSFIELD, OHIO 44901
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (419) 755-1011
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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
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SHARES OUTSTANDING AT SEPTEMBER 30, 1998 -----
COMMON, WITHOUT PAR VALUE, 8,564,834
PAGE 1 OF 3 PAGES
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PART I - FINANCIAL INFORMATION
THE GORMAN-RUPP COMPANY AND SUBSIDIARIES
ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS
IMPACT OF YEAR 2000
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THE YEAR 2000 ISSUE, AS WIDELY REPORTED, COULD CAUSE MALFUNCTIONS IN CERTAIN
COMPUTER-RELATED APPLICATIONS WITH RESPECT TO DATES ON OR AFTER JANUARY 1, 2000.
THE COMPANY'S YEAR 2000 PROGRAM PROVIDES FOR ASSESMENTS OF ITS COMPUTER
TECHNOLOGY, OPERATING EQUIPMENT, FACILITIES AND SUPPLIERS. ASSESSMENTS,
INITIATED IN 1998, CONTINUE TO BE CONDUCTED PRIMARILY THROUGH INTERNAL TESTING
PROCEDURES AND INQUIRY OF CRITICAL SUPPLIERS. FURTHER, INDIVIDUAL ASSESSMENTS
REGARDING SIGNIFICANT SUPPLIERS OF SERVICES, PRODUCT MATERIALS AND COMPONENTS
CONTINUE TO BE CONDUCTED AT THE COMPANY'S VARIOUS FACILITIES IN ACCORDANCE WITH
THE COMPANY'S YEAR 2000 PROGRAM.
MANAGEMENT BELIEVES THE COMPLETION IN 1998 OF ADDITIONAL HARDWARE AND SOFTWARE
UPGRADES TO THE COMPANY'S NEW MANAGEMENT INFORMATION SYSTEMS ORIGINALLY
INSTALLED IN 1996 HAVE ENABLED MANUFACTURING, FINANCIAL AND DISTRIBUTION SYSTEMS
TO BECOME YEAR 2000 COMPLIANT. ANCILLARY COMPUTER SYSTEMS ARE BEING EVALUATED IN
ACCORDANCE WITH THE COMPANY'S YEAR 2000 PROGRAM TO ASSURE THEIR COMPLIANCE.
COSTS OF THE NEW SYSTEMS WERE CAPITALIZED IN 1996; CERTAIN IMPLEMENTATION
COSTS WERE EXPENSED AND RELATED SOFTWARE UPGRADES WERE SUBSTANTIALLY PROVIDED
THROUGH EXISTING ACQUISTION AND MAINTENANCE AGREEMENTS. ANY OTHER YEAR 2000
COSTS HAVE NOT BEEN AND ARE NOT EXPECTED TO BE MATERIAL.
MANAGEMENT CONTINUES TO ASSESS THE EXTENT OF NECESSARY MODIFICATIONS TO ITS
OPERATING ACTIVITIES AND SUPPLIER AND CUSTOMER READINESS. TO DATE, NO
SIGNIFICANT ISSUES HAVE BEEN IDENTIFIED AND THE COMPANY IS NOT AWARE OF ANY
UNRESOLVED YEAR 2000 ISSUE WHICH WOULD MATERIALLY IMPACT THE COMPANY'S
OPERATIONS AND FINANCIAL POSITION.
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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.
THE GORMAN-RUPP COMPANY
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(REGISTRANT)
DATE MARCH 23, 1999
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BY /S/ KENNETH E. DUDLEY
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KENNETH E. DUDLEY
TREASURER & PRINCIPAL
FINANCIAL OFFICER
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