BUILDERS TRANSPORT INC
10-Q/A, 1995-08-15
TRUCKING & COURIER SERVICES (NO AIR)
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<PAGE>   1

                                      
                                 FORM 10-Q/A
                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549

                  QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934


For Quarterly Period Ended June 30, 1995             Commission File No 0-11300


                       BUILDERS TRANSPORT, INCORPORATED
                       --------------------------------
            (Exact name of registrant as specified in its charter)


          DELAWARE                                              58-1186216  
--------------------------------                         ----------------------
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                              Identification No.)

POST OFFICE BOX 7005,  2029 WEST DEKALB STREET,  CAMDEN, SOUTH CAROLINA  29020
--------------------------------------------------------------------------------
            (address of principal executive offices and zip code)

    Registrant's telephone number, including area code      (803) 432-1400
                                                            --------------

    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.

              Class                             Outstanding at August 2, 1995
--------------------------------                -----------------------------
  Common Stock, par value $.01                             5,090,392
            per share
                       
<PAGE>   2

                                  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.


                                       BUILDERS TRANSPORT, INCORPORATED



Date: 8/15/95                          By:  Robert Fox 
   -------------------------              --------------------------------------
                                            Robert Fox
                                            Vice President
                                            and Chief Financial Officer
                                            Signed in the dual capacity of a
                                            duly authorized officer of the
                                            Registrant and the Principal
                                            Accounting Officer of the Registrant



                                     -10-
<PAGE>   3
                                EXHIBIT INDEX


Exhibit 27     Financial Data Schedule (for SEC use only)

<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF BUILDERS TRANSPORT FOR THE SIX MONTHS ENDED JUNE 30,
1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                              54
<SECURITIES>                                         0
<RECEIVABLES>                                   31,005
<ALLOWANCES>                                       512
<INVENTORY>                                      3,276
<CURRENT-ASSETS>                                51,618
<PP&E>                                         320,487
<DEPRECIATION>                                 117,592
<TOTAL-ASSETS>                                 278,484
<CURRENT-LIABILITIES>                           50,799
<BONDS>                                        163,576
<COMMON>                                        47,979
                                0
                                          0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                   278,484
<SALES>                                        147,961
<TOTAL-REVENUES>                               147,961
<CGS>                                                0
<TOTAL-COSTS>                                  137,099
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               6,984
<INCOME-PRETAX>                                  3,878
<INCOME-TAX>                                     1,511
<INCOME-CONTINUING>                              2,367
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,367
<EPS-PRIMARY>                                      .44
<EPS-DILUTED>                                      .49<F1>
<FN>
<F1>FULLY DILUTED EPS IS ANTI-DILUTIVE
</FN>
        

</TABLE>


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