THE PURPOSE OF THIS AMENDMENT IS TO INCLUDE THE FINANCIAL DATA SCHEDULES.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 10-Q/A
QUARTERLY REPORT UNDER SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarter ended January 1, 1995 Commission file no. 0-10611
MILGRAY ELECTRONICS, INC.
[Exact name of Registrant as specified in its charter]
New York 13-5600636
[State or other jurisdiction of [I.R.S. employer
incorporation or organization] identification no.]
77 Schmitt Boulevard, Farmingdale, N.Y. 11735
[Address of principal executive offices] [Zip code]
Registrant's telephone number, including
area code: [516] 420-9800
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
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
Common stock, 3,354,588 shares as of January 27, 1995
<PAGE>
PART II - OTHER INFORMATION
Item 6 - Exhibits and Reports on Form 8-K
(a) The Exhibit Index, which follows the signature page of this Reort
on Form 10-Q, is incorporated herein by reference.
(b) No reports on Form 8-K were filed by registrant during the quarter
for which this Report is filed.
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.
Date February 15, 1995 MILGRAY ELECTRONICS, INC.
[Registrant]
By: John Tortorici
John Tortorici, Vice President-Finance
[Authorized officer and principal
financial officer]
- 2 -
<PAGE>
MILGRAY ELECTRONICS, INC. AND SUBSIDIARIES
EXHIBIT INDEX
EX-27 Financial Data Schedule
- 3 -
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE CONDENSED CONSOLIDATED BALANCE SHEETS AND CONDENSED CONSOLIDATED
STATEMENTS OF INCOME OF MILGRAY ELECTRONICS, INC. AND SUBSIDIARIES AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-END> JAN-1-1995
<CASH> 0
<SECURITIES> 0
<RECEIVABLES> 28,631
<ALLOWANCES> 0
<INVENTORY> 40,140
<CURRENT-ASSETS> 71,440
<PP&E> 3,330
<DEPRECIATION> 1,937
<TOTAL-ASSETS> 75,185
<CURRENT-LIABILITIES> 24,940
<BONDS> 20,145
<COMMON> 780
0
0
<OTHER-SE> 29,002
<TOTAL-LIABILITY-AND-EQUITY> 75,185
<SALES> 51,283
<TOTAL-REVENUES> 51,283
<CGS> 39,471
<TOTAL-COSTS> 39,471
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 339
<INCOME-PRETAX> 2,830
<INCOME-TAX> 1,047
<INCOME-CONTINUING> 2,830
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,783
<EPS-PRIMARY> .53
<EPS-DILUTED> .53
<FN>
<F1>ANSWER IS 0 WHEN THE TAG IS NOT APPLICABLE OR THE TAG DOES NOT CORRESPOND
TO OR IS MORE OR LESS INCLUSIVE THAN THE CAPTION USED IN THE CONDENSED
FINANCIAL STATEMENTS FILED ON FORM 10-Q.
</FN>
</TABLE>
