<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
QUARTERLY REPORT UNDER SECTION 13 or 15 (d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For Quarter Ended March 31, 1995 Commission File Number 1-10665
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U. S. INTEC, INC.
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(Exact name of registrant as specified in its charter)
Texas 74-2118350
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
1212 Brai Drive, Port Arthur, Texas 77643
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(Address of principal executive offices) (Zip Code)
(409) 724-7024
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(Registrant's telephone number, including area code)
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 the
filing requirements for at least the past 90 days.
Yes [x] No [_]
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date:
Number of shares outstanding
Class as of May 9, 1995
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Common Stock (par value 3,040,911
$ .02 per share)
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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.
U.S. INTEC, INC.
DATE: May 24, 1995 BY: [SIGNATURE OF J. Roane Ruddy APPEARS HERE]
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J. Roane Ruddy
Chief Financial Officer
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EXHIBIT 27
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AS OF MARCH 31, 1995 AND CONSOLIDATED STATEMENT
OF EARNINGS FOR THE 3 MONTHS ENDED MARCH 31, 1995 OF U.S. INTEC, INC. AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 173,531
<SECURITIES> 0
<RECEIVABLES> 17,379,274
<ALLOWANCES> 554,203
<INVENTORY> 16,240,541
<CURRENT-ASSETS> 35,992,047
<PP&E> 70,188,555
<DEPRECIATION> 26,115,122
<TOTAL-ASSETS> 85,458,633
<CURRENT-LIABILITIES> 25,441,162
<BONDS> 0
<COMMON> 60,819
0
0
<OTHER-SE> 22,094,004
<TOTAL-LIABILITY-AND-EQUITY> 85,458,633
<SALES> 25,262,434
<TOTAL-REVENUES> 25,262,434
<CGS> 20,605,976
<TOTAL-COSTS> 25,905,706
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 612,146
<INCOME-PRETAX> (1,170,008)
<INCOME-TAX> (477,703)
<INCOME-CONTINUING> (692,305)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (692,305)
<EPS-PRIMARY> (.23)
<EPS-DILUTED> (.23)
</TABLE>