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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10-Q/A
[X] Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 for the quarterly period ended September 30, 1996
OR
[] Transition report pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the transition period from ______ to ______
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Commission File Number 0-13928
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U.S. GLOBAL INVESTORS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Texas 74-1598370
(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER IDENTIFICATION NUMBER)
INCORPORATION OR ORGANIZATION)
7900 Callaghan Road 78229-2327
San Antonio, Texas (ZIP CODE)
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(210) 308-1234
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
Not Applicable
(FORMER NAME, FORMER ADDRESS AND FORMER FISCAL YEAR,
IF CHANGED SINCE LAST REPORT)
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, and (2) has been subject to such filing requirements
for the past 90 days.
YES X NO
On October 24, 1996 there were 6,225,318 shares of Registrant's Class A common
stock outstanding and 563,456 shares of Registrant's Class C common stock issued
and outstanding.
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ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
a. Exhibits
11 Statement re: Computation of Per Share Earnings
b. Reports on Form 8-K
None
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 thereto duly authorized.
U.S. GLOBAL INVESTORS, INC.
DATED: October 30, 1996 By: /S/ BOBBY D. DUNCAN
----------------------
BOBBY D. DUNCAN
President
Chief Financial Officer
Chief Operating Officer
DATED: October 30, 1996 By: /S/ KEVIN C. WHITE
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KEVIN C. WHITE
Chief Accounting Officer
U.S. GLOBAL INVESTORS, INC.
EXHIBIT 11
SCHEDULE OF COMPUTATION OF NET EARNINGS PER SHARE
QUARTER ENDED SEPTEMBER 30,
---------------------------
1996 1995
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Net earnings $ 571,636 $305,490
========== ========
PRIMARY
Weighted average number shares outstanding
during the year 6,580,052 6,545,921
Add:
Common stock equivalent shares
(determined using the "treasury
stock" method) representing shares
issuable upon exercise of preferred
or common stock warrants -- --
Common stock equivalent shares (determined
using the "treasury stock" method)
representing shares issuable upon
exercise of preferred or common stock
options 39,277 65,678
---------- ----------
Weighted average number of shares used in
calculation of primary earnings
per share 6,619,329 6,611,599
========== ==========
Primary earnings (loss) per share
Net Earnings Per Share $0.09 $0.09
========== ==========
FULLY DILUTED
Weighted average number of shares outstanding
during the year 6,580,052 6,545,921
Add:
Common stock equivalent shares
(determined using the "treasury
stock" method) representing shares
issuable upon exercise of preferred
or common stock warrants -- --
Common stock equivalent shares
(determined using the "treasury
stock" method) representing shares
issuable upon exercise of preferred
or common stock options 39,277 65,678
--------- ----------
Weighted average number of shares used
in calculation of fully diluted earnings
per share 6,619,329 6,611,599
========= ==========
Fully diluted earnings (loss) per share
Net Earnings Per Share $0.09 $0.05
========= ==========
