FORM 10-K/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR FISCAL YEAR ENDED December 31, 1994 COMMISSION FILE NO. 0-12025
CIRCON CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware 95-3079904
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
6500 Hollister Avenue, Santa Barbara, California 93117
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (805) 685-5100
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: NONE
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT
Common Stock ($.01 par value)
(Title of class)
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
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 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 was approximately $96,791,616 at March 13, 1995, when the
closing sale price of such stock, as reported in the NASDAQ National Market
System, was $16.00.
The number of shares outstanding of the Registrant's Common Stock, $.01
par value, as of March 13, 1995, was 7,970,703 shares.
DOCUMENTS INCORPORATED BY REFERENCE
1. Proxy Statement dated April 20, 1995 for Part III.
1
<PAGE>
Exhibit Index
1. EX-27 Financial Data Schedule
<PAGE>
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.
CIRCON CORPORATION
Registrant
December 31, 1994
Date RICHARD A. AUHLL
President
Chief Executive Officer
December 31,1994
Date R. BRUCE THOMPSON
Executive Vice President
Chief Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
The user should be aware that this document is NOT complete, and should refer to
the 10-K for a complete set of financial information.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<CASH> 346,000
<SECURITIES> 20,410,000
<RECEIVABLES> 18,234,000
<ALLOWANCES> (627,000)
<INVENTORY> 16,471,000
<CURRENT-ASSETS> 59,403,000
<PP&E> 42,762,000
<DEPRECIATION> (10,752,000)
<TOTAL-ASSETS> 94,976,000
<CURRENT-LIABILITIES> 10,814,000
<BONDS> 0
<COMMON> 59,445,000
0
0
<OTHER-SE> (655,000)
<TOTAL-LIABILITY-AND-EQUITY> 94,976,000
<SALES> 88,944,000
<TOTAL-REVENUES> 88,944,000
<CGS> 42,643,000
<TOTAL-COSTS> 83,326,000
<OTHER-EXPENSES> (266,000)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 48,000
<INCOME-PRETAX> 5,863,000
<INCOME-TAX> 2,052,000
<INCOME-CONTINUING> 3,811,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 3,811,000
<EPS-PRIMARY> .47
<EPS-DILUTED> .47
</TABLE>
