<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1996 Commission file number 1-878
BLAIR CORPORATION
Incorporated in Delaware I.R.S. Employer Identification Number:
220 Hickory Street
Warren, Pennsylvania 16366 25-0691670
(814) 723-3600
Securities registered pursuant to Section 12(b) of the Act:
Name of each exchange
Title of Each Class on which registered
- - ------------------- ---------------------
Common Stock, without nominal or par value American Stock Exchange
Securities registered pursuant to Section 12(g) of the Act: None
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 by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of the registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. X
---
The aggregate market value of the voting stock held by nonaffiliates
of the registrant as of February 21, 1997 was $113,889,362. There were
9,234,532 shares of common stock outstanding as of February 21, 1997.
Documents Incorporated by Reference
-----------------------------------
The Annual Report to Stockholders for the fiscal year ended December
31, 1996 (the "Annual Report") is incorporated by reference into Part II and
Part IV of this Form 10-K. Portions of the Proxy Statement for the 1997 Annual
Meeting of Stockholders (the "Proxy Statement") are incorporated by reference
into Part III of this Form 10-K.
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BLAIR
CORPORATION'S DECEMBER 31, 1996 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FOURTH QUARTER, 1996 10-K FILING FOR BLAIR
CORPORATION.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<CASH> 4,115,533
<SECURITIES> 0
<RECEIVABLES> 193,772,056
<ALLOWANCES> 44,464,572
<INVENTORY> 87,848,598
<CURRENT-ASSETS> 313,556,111
<PP&E> 100,458,710
<DEPRECIATION> 46,251,580
<TOTAL-ASSETS> 368,757,108
<CURRENT-LIABILITIES> 78,179,225
<BONDS> 0
0
0
<COMMON> 419,810
<OTHER-SE> 208,179,073<F1>
<TOTAL-LIABILITY-AND-EQUITY> 368,757,108
<SALES> 544,129,005
<TOTAL-REVENUES> 588,420,919
<CGS> 268,757,869
<TOTAL-COSTS> 565,077,698
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 47,550,310
<INTEREST-EXPENSE> 5,524,561
<INCOME-PRETAX> 23,343,221
<INCOME-TAX> 8,617,000
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 14,726,221
<EPS-PRIMARY> 1.58
<EPS-DILUTED> 1.58
<FN>
<F1>Amount includes additional paid-in capital, retained earnings, treasury
stock, and the employee stock purchase plan receivable.
</FN>
</TABLE>
