UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-Q/A1
QUARTERLY REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the Quarterly Period Ended December 31, 1995
Commission File Number: 0-13588
FAULDING INC.
(Exact name of registrant as specified in its charter)
DELAWARE 04-2769995
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
200 Elmora Avenue, Elizabeth, New Jersey 07207
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (908) 527-9100
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
Title of each class Name of each exchange on which registered
None None
- ------------------- -------------------
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT
Common Stock, par value $.01 per share
--------------------------------------
(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 and 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 [ ]
12,615,223
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Number of shares outstanding of
the Registrant's common stock as of February 5, 1996.
<PAGE>
Item 6 (a). EXHIBITS
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.
FAULDING INC.
BY: /s/Richard F. Moldin March 19, 1996
-------------------------------------
Richard F. Moldin
President and Chief Executive Officer
(Principal Executive Officer)
BY: /s/Lee H. Craker March 19, 1996
-------------------------------------
Lee H. Craker
Chief Financial Officer
(Principal Accounting Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-END> DEC-31-1995
<CASH> 764
<SECURITIES> 0
<RECEIVABLES> 9,718
<ALLOWANCES> 0
<INVENTORY> 18,923
<CURRENT-ASSETS> 36,750
<PP&E> 26,377
<DEPRECIATION> 0
<TOTAL-ASSETS> 68,518
<CURRENT-LIABILITIES> 18,189
<BONDS> 0
0
8
<COMMON> 126
<OTHER-SE> 50,195
<TOTAL-LIABILITY-AND-EQUITY> 68,518
<SALES> 28,689
<TOTAL-REVENUES> 28,689
<CGS> 23,112
<TOTAL-COSTS> 9,361
<OTHER-EXPENSES> (1,750)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 110
<INCOME-PRETAX> (2,144)
<INCOME-TAX> (815)
<INCOME-CONTINUING> (1,329)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,329)
<EPS-PRIMARY> (.19)
<EPS-DILUTED> (.19)
</TABLE>