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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
Amendment No. 1
(Mark One)
[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 0-13800
INTERNATIONAL AMERICAN HOMES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 22-2472608
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
4640 FORBES BOULEVARD, LANHAM, MARYLAND 20706
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (301) 306-5306
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 (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
----- -----
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:
Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Section 12, 13, or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court. Yes X No
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As of October 31, 1996, the number of shares outstanding of the registrant's
common stock, par value $.01, was 2,734,395.
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Total number of pages: 4
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Page 2
Part II. Other Information
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits
Exhibit
Number
27 Financial Data Schedule.
(b) Reports on Form 8-K: n/a
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Page 3
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.
INTERNATIONAL AMERICAN HOMES, INC.
Date: January 9, 1997 By: /S/ ROBERT J. SUAREZ
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Robert J. Suarez
President
Date: January 9, 1997 By: /S/ ROBERT I. ANTLE
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Robert I. Antle
Executive Vice President, Treasurer, and
Chief Financial Officer
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Page 4
EXHIBIT INDEX
Exhibit Description
Number
27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-END> SEP-30-1996
<CASH> 1393
<SECURITIES> 0
<RECEIVABLES> 1351
<ALLOWANCES> 0
<INVENTORY> 23886
<CURRENT-ASSETS> 0<F1>
<PP&E> 403
<DEPRECIATION> 269
<TOTAL-ASSETS> 32959
<CURRENT-LIABILITIES> 0<F1>
<BONDS> 18975
0
0
<COMMON> 29
<OTHER-SE> 6900
<TOTAL-LIABILITY-AND-EQUITY> 32959
<SALES> 17870
<TOTAL-REVENUES> 18038
<CGS> 15451
<TOTAL-COSTS> 17584
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 454
<INCOME-TAX> 196
<INCOME-CONTINUING> 258
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 258
<EPS-PRIMARY> .09
<EPS-DILUTED> .09
<FN>
<F1> the Company does not present a classified balance sheet
</FN>
</TABLE>
