FORM 10-Q
Securities and Exchange Commission
Washington, D.C. 20549
Quarterly Report Under Section 13 or 15(d)
of the Securities Exchange Act of 1934
For Quarter Ended: July 28, 1995
Commission File Number: 0-16304
OPTEK TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
State of Delaware
(State or other jurisdiction of incorporation or organization)
75-1962405
(I.R.S. Employer Identification No.)
1215 West Crosby Road, Carrollton, Texas 75006
(Address of principle executive offices) (Zip Code)
(214) 323-2200
(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
such filing requirements for the past 90 days.
Yes[X] No[ ]
Number of common shares outstanding as of July 28, 1995:
3,315,147 par value $.01 per share
<PAGE>
PART I - FINANCIAL INFORMATION
Item 1. Financial Statements
Optek Technology, Inc. Consolidated Balance Sheets as of July 28, 1995
(unaudited) and October 28, 1994.
Optek Technology, Inc. Consolidated Statements of Operations (unaudited)
for the Three Months and Nine Months Ended July 28, 1995 and July 29, 1994.
Optek Technology, Inc. Consolidated Statements of Cash Flows (unaudited)
for the Nine Months Ended July 28, 1995 and July 29, 1994.
Item 2. Management's Discussion and Analysis of Financial Condition and
Results of Operations.
PART II OTHER INFORMATION
Item 5. Other information.
Item 6. Exhibits and Reports on Form 8-K.
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> October-28-1994
<PERIOD-START> October-29-1995
<PERIOD-END> July-28-1995
<CASH> 591
<SECURITIES> 0
<RECEIVABLES> 6755
<ALLOWANCES> (915)
(INVENTORY> 5029
(CURRENT-ASSETS> 12440
<PP&E> 33195
<DEPRECIATION> 20033
<TOTAL-ASSETS> 25956
<CURRENT-LIABILITIES> 8490
<BONDS> 0
<COMMON> 33
0
0
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 25956
<SALES> 45331
<TOTAL-REVENUES> 45331
<CGS> 27729
<TOTAL-COSTS> 36201
<OTHER-EXPENSES> 250
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2411
<INCOME-PRETAX> 6469
<INCOME-TAX> 116
<INCOME-CONTINUING> 6353
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 6353
<EPS-PRIMARY> .91
<EPS-DILUTED> .91
</TABLE>
