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<PAGE>
FORM 10 - Q/A
--------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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AMENDMENT TO APPLICATION OR REPORT
Filed Pursuant to Section 12, 13, or 15(d) of
THE SECURITIES EXCHANGE ACT OF 1934
OLD REPUBLIC INTERNATIONAL CORPORATION
-----------------------------------------
(Exact name of registrant as specified in its charter)
AMENDMENT NO. ______1_____
The registrant hereby amends the following items, financial statements,
exhibits or other portions of its Quarterly Report for March 31, 1995 on Form
10Q as set forth in the pages attached hereto:
(List all such items, financial statements, exhibits or other portions
amended)
EXHIBIT - 11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
EXHIBIT 27 - FINANCIAL DATA SCHEDULE
<PAGE>
SIGNATURE
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.
Old Republic International Corporation
--------------------------------------
(Registrant)
Date: May 12, 1995
- ------------------
__________/s/ Paul D. Adams_________
Paul D. Adams
Senior Vice President &
Chief Financial Officer
<TABLE>
OLD REPUBLIC INTERNATIONAL CORPORATION
EARNINGS PER SHARE EXHIBIT
(Amounts in millions, except per share data)
--------------------------------------------------------------------------------------------------------------
Computation of Primary
Earnings Per Share
--------------------------
Quarters Ended March 31,
--------------------------
1995 1994
------------ ------------
<S> <C> <C>
Weighted average number of common shares outstanding 51.6 51.8
Add: Weighted average number of assumed common shares to
be issued upon conversion or exercise of:
Redeemable and/or Convertible Preferred Stock 4.9 4.9
Stock Options 0.3 0.4
------------ ------------
Weighted average number of common and common equivalent shares 56.9 57.2
============ ============
Net income for the period $39.0 $34.0
Less dividends applicable to appropriate Series of
Redeemable and Convertible Preferred Stock 1.2 1.2
------------ ------------
Adjusted net income $37.8 $32.8
============ ============
Primary earnings per share $0.66 $0.57
============ =============
--------------------------------------------------------------------------------------------------------------
Computation of Fully Diluted
Earnings Per Share
--------------------------
Quarters Ended March 31,
--------------------------
1995 1994
------------ ------------
Weighted average number of common shares outstanding 51.6 51.8
Add: Weighted average number of assumed common shares to
be issued upon conversion or exercise of:
Redeemable and/or Convertible Preferred Stock 5.1 5.1
Convertible Subordinated Debentures 4.2 4.2
Stock Options 0.3 0.4
------------ ------------
Weighted average number of common and common equivalent shares 61.3 61.6
============ ============
Net income for the period $39.0 $34.0
Less dividends applicable to appropriate Series of
Cumulative Preferred Stock 1.1 1.2
Plus interest applicable to Convertible Debentures 0.9 1.0
------------ ------------
Adjusted net income $38.8 $33.8
============ ============
Fully diluted earnings per share $0.63 $0.55
============ ============
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMMARY FINANCIAL INFORMATION EXTRACTED
FROM OLD REPUBLIC INTERNATIONAL'S CONSOLIDATED BALANCE SHEET
AND CONSOLIDATED STATEMENT OF INCOME AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<DEBT-HELD-FOR-SALE> 673
<DEBT-CARRYING-VALUE> 2795
<DEBT-MARKET-VALUE> 2724
<EQUITIES> 261
<MORTGAGE> 14
<REAL-ESTATE> 0
<TOTAL-INVEST> 3967
<CASH> 22
<RECOVER-REINSURE> 29
<DEFERRED-ACQUISITION> 99
<TOTAL-ASSETS> 6373
<POLICY-LOSSES> 3754
<UNEARNED-PREMIUMS> 406
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 72
<NOTES-PAYABLE> 313
<COMMON> 58
17
58
<OTHER-SE> 1328
<TOTAL-LIABILITY-AND-EQUITY> 6373
293
<INVESTMENT-INCOME> 61
<INVESTMENT-GAINS> 4
<OTHER-INCOME> 28
<BENEFITS> 170
<UNDERWRITING-AMORTIZATION> 48
<UNDERWRITING-OTHER> 111
<INCOME-PRETAX> 57
<INCOME-TAX> 18
<INCOME-CONTINUING> 39
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 39
<EPS-PRIMARY> .66
<EPS-DILUTED> .63
<RESERVE-OPEN> 0
<PROVISION-CURRENT> 0
<PROVISION-PRIOR> 0
<PAYMENTS-CURRENT> 0
<PAYMENTS-PRIOR> 0
<RESERVE-CLOSE> 0
<CUMULATIVE-DEFICIENCY> 0
</TABLE>
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