UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20552
-------------------
FORM 10-K/A
AMENDMENT NO. 1
|X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 1995
|_| 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 0-14292
GTS DURATEK, INC.
-----------------
(Exact name of registrant as specified in its charter)
Delaware 22-2476180
-------- ----------
(State or other jurisdiction of I.R.S. Employer Identification Number)
of incorporation or organization)
8955 Guilford Road, Suite 200, Columbia, Maryland 21046
- ------------------------------------------------- -----
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (410) 312-5100
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, Par Value $0.01 Per Share
(Title of class)
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 |_|
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. |_|
As of March 18, 1996, the aggregate market value of the outstanding shares of
the Registrant's Common Stock, par value $0.01 per share, held by non-affiliates
was approximately $70,282,498 based on the average closing price of the Common
Stock as reported on Nasdaq Stock Market's National Market on March 18, 1996.
Indicate the number of shares outstanding of each of the Registrant's classes of
Common Stock, as of the most recent practicable date.
Class Outstanding at March 18 , 1996
----- ------------------------------
Common Stock, par value $0.01 per share 9,585,653 shares
- -------------------------------------------------------------------------------
Documents Incorporated by Reference:
Part III - Proxy Statement for 1996 Annual Meeting of Stockholders
<PAGE>
This Form 10-K/A Amendment No. 1 is filed to amend Exhibit 23 of Item 14 of
the Annual Report on Form 10-K filed by GTS Duratek, Inc. on March 19, 1996.
PART IV
Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K
23 Consent of KPMG Peat Marwick LLP (filed herewith).
(c) The following is a list of exhibits filed herewith.
Exhibit No. Document Sequentially Numbered Page
- ----------- -------- --------------------------
23 Consent of KPMG Peat Marwick LLP
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
GTS DURATEK, INC.
Dated: July 10, 1996
By: /s/ Robert E. Prince
-------------------------
Robert E. Prince
President and Chief Executive Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
registrant and in the capacity and on the dates indicated.
Principal Executive Officer:
July 10, 1996 /s/ Robert E. Prince
-------------------------
Robert E. Prince
President and Chief Executive Officer
Principal Financial Officer:
July 10, 1996 /s/ Robert F. Shawver
-------------------------
Robert F. Shawver
Executive Vice President and Chief
Financial Officer
Principal Accounting Officer:
July 10, 1996 /s/ Craig T. Bartlett
-------------------------
Craig T. Bartlett
Controller and Treasurer
<PAGE>
A Majority of the Board
of Directors:
July 10, 1996 /s/ Daniel A. D'Aniello
-------------------------
Daniel A. D'Aniello
July 10, 1996 /s/ William E. Conway, Jr.
-------------------------
William E. Conway
July 10, 1996 /s/ Jerome I. Feldman
-------------------------
Jerome I. Feldman
July 10, 1996 /s/ Steven J. Gilbert
-------------------------
Steven J. Gilbert
July 10, 1996 /s/ Martin M. Pollak
-------------------------
Martin M. Pollak
July 10, 1996 /s/ Robert E. Prince
-------------------------
Robert E. Prince
July 10, 1996 /s/ Earle C. Williams
-------------------------
Earle C. Williams
<PAGE>
Exhibit 23
CONSENT OF INDEPENDENT AUDITORS
The Board of Directors
GTS Duratek, Inc.:
We consent to incorporation by reference in the registration statements on
Form S-8 (No. 33-5878), Form S-8 (No. 33-60075) and Form S-2 (No. 33-71208) of
GTS Duratek, Inc. of our report dated March 1, 1996, relating to the
consolidated balance sheets of GTS Duratek, Inc. and subsidiaries as of December
31, 1994 and 1995 and the related consolidated statements of operations,
stockholders' equity, and cash flows and related schedule for each of the years
in the three-year period ended December 31, 1995, which report appears in the
December 31, 1995 annual report on Form 10-K of GTS Duratek, Inc.
/s/ KPMG Peat Marwick LLP
Baltimore, Maryland
March 18, 1996