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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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, 1994 COMMISSION FILE NUMBER 1-8514
SMITH INTERNATIONAL, INC.
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<S> <C>
DELAWARE 95-3822631
(State of Incorporation) (IRS Employer Identification No.)
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16740 HARDY STREET
HOUSTON, TEXAS 77032
(Present address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code -- 713-443-3370
Securities registered pursuant to Section 12(b) of the Act:
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<CAPTION>
NAME OF EACH EXCHANGE
TITLE OF EACH CLASS ON WHICH REGISTERED
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<S> <C>
Common Stock New York Stock Exchange, Inc.
Pacific Stock Exchange, Inc.
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Securities registered pursuant to 12(g) of the Act:
TITLE OF EACH CLASS
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Class A Warrants
Class B Warrants
Indicate by check or 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 / /
Aggregate market value of voting stock held by non-affiliates on March 3,
1995: $527,271,068 (38,698,794 shares at closing price on New York Stock
Exchange of $13.625). For this purpose all shares held by officers and directors
and their respective affiliates are considered to be held by affiliates, but
neither the registrant nor such persons concede that they are affiliates of the
registrant.
COMMON SHARES OUTSTANDING ON MARCH 3, 1995 39,558,993
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DOCUMENTS INCORPORATED BY REFERENCE:
Portions of the Proxy Statement related to the Registrant's 1995 Annual
Shareholders Meeting are incorporated by reference into Part III of this Form
10-K.
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/]
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EXHIBIT INDEX
Exhibit
No.
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27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-START> JAN-01-1994
<PERIOD-END> DEC-31-1994
<CASH> 8,145
<SECURITIES> 0
<RECEIVABLES> 201,053
<ALLOWANCES> 8,679
<INVENTORY> 201,104
<CURRENT-ASSETS> 421,596
<PP&E> 267,097
<DEPRECIATION> 149,388
<TOTAL-ASSETS> 619,780
<CURRENT-LIABILITIES> 164,247
<BONDS> 115,000
<COMMON> 39,433
0
0
<OTHER-SE> 213,688
<TOTAL-LIABILITY-AND-EQUITY> 619,780
<SALES> 653,901
<TOTAL-REVENUES> 653,901
<CGS> 432,627
<TOTAL-COSTS> 432,627
<OTHER-EXPENSES> 161,170
<LOSS-PROVISION> 1,642
<INTEREST-EXPENSE> 8,572
<INCOME-PRETAX> 51,532
<INCOME-TAX> 6,815
<INCOME-CONTINUING> 35,879
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 35,879
<EPS-PRIMARY> .92
<EPS-DILUTED> .92
</TABLE>
