UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A No. 1
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 1994
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ___________________ to ___________________
Commission File number 1-4982
PARKER-HANNIFIN CORPORATION
(Exact name of registrant as specified in its charter)
OHIO 34-0451060
(State or other (IRS Employer
jurisdiction of Identification No.)
incorporation)
17325 Euclid Avenue, Cleveland, Ohio 44112
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (216) 531-3000
Indicate by check mark whether 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 .
Number of Common Shares outstanding at September 30, 1994 48,981,132
The Exhibit Index appears on sequential page 13.
<PAGE>
(Page 2 through 11 are not included with this amendment).
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.
PARKER-HANNIFIN CORPORATION
(Registrant)
Michael J. Hiemstra
Michael J. Hiemstra
Vice President - Finance and Administration
Date: December 20, 1994
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<PAGE>
EXHIBIT 11
PARKER-HANNIFIN CORPORATION
FORM 10-Q/A No. 1
COMPUTATION OF EARNINGS PER COMMON SHARE
(Dollars in thousands, except per share amounts)
(Unaudited)
Three Months Ended
September 30,
1994 1993
Net income (loss) applicable to common shares $ 43,649 $ 16,065
Weighted average common shares outstanding
for the period 48,968,837 48,616,195
Increase in weighted average from dilutive
effect of exercise of stock options 336,702 204,623
Weighted average common shares, assuming
issuance of the above securities 49,305,539 48,820,818
Earnings per common share:
Primary $ .89 $ .33
Fully diluted (A) $ .89 $ .33
(A) This calculation is submitted in accordance with Regulation S-K
Item 601(b)(11) although not required for income statement
presentation because it results in dilution of less than 3 percent.
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<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
PARKER-HANNIFIN CORPORATION'S REPORT ON FORM 10-Q FOR ITS QUARTERLY PERIOD
ENDED SEPTEMBER 30, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> QTR-1
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-END> SEP-30-1994
<CASH> 33,905
<SECURITIES> 0
<RECEIVABLES> 376,975
<ALLOWANCES> 5,130
<INVENTORY> 514,281
<CURRENT-ASSETS> 1,024,091
<PP&E> 1,681,756
<DEPRECIATION> 930,824
<TOTAL-ASSETS> 1,976,174
<CURRENT-LIABILITIES> 525,219
<BONDS> 273,097
<COMMON> 24,634
0
0
<OTHER-SE> 983,535
<TOTAL-LIABILITY-AND-EQUITY> 1,976,174
<SALES> 712,457
<TOTAL-REVENUES> 712,457
<CGS> 550,527
<TOTAL-COSTS> 550,527
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 483
<INTEREST-EXPENSE> 7,224
<INCOME-PRETAX> 73,359
<INCOME-TAX> 29,710
<INCOME-CONTINUING> 43,649
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 43,649
<EPS-PRIMARY> .89
<EPS-DILUTED> .89
</TABLE>
