CONFORMED COPY
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended October 31, 1997 Commission File Number
0-16304
Optek Technology, Inc.
(Exact name of registrant as specified in its charter)
Delaware 75-1962405
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
1215 West Crosby Road, Carrollton, Texas 75006
(Address of principal executive offices) (Zip Code)
Registrant s telephone number, including area code: (972)
323-2200
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
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 of this
Form 10-K. ( )
The aggregate market value of the registrant s voting stock held
by non-affiliates as of October 31, 1997 was: $67,909,282 (* see
note on index page).
The number of shares outstanding of each class of registrant s
common stock as of October 31, 1997 was: Common Stock, par value
$0.01 per share, 4,259,534 shares.
___________________
Documents Incorporated by Reference
Portions of the registrant s definitive proxy statement to be
furnished to stockholders in connection with its Annual Meeting
of Stockholders to be held on March 17, 1998 are incorporated by
reference in Part III of this Form 10-K.
<PAGE>
The Company's Form 10-k for the fiscal year ended October 31, 1997
is amended to add Exhibit 27 attached hereto.
<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from registrant's
Form 10-K for the fiscal year ended October 31, 1997 and is qualified in its
entirety by reference to such financial statement.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> OCT-31-1997
<CASH> 9815
<SECURITIES> 0
<RECEIVABLES> 10849
<ALLOWANCES> 1653
<INVENTORY> 6491
<CURRENT-ASSETS> 27724
<PP&E> 32116
<DEPRECIATION> 20981
<TOTAL-ASSETS> 38936
<CURRENT-LIABILITIES> 12656
<BONDS> 0
0
0
<COMMON> 43
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 38936
<SALES> 75572
<TOTAL-REVENUES> 75572
<CGS> 43423
<TOTAL-COSTS> 57814
<OTHER-EXPENSES> 59
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (65)
<INCOME-PRETAX> 17764
<INCOME-TAX> 5259
<INCOME-CONTINUING> 12505
<DISCONTINUED> 0
<EXTRAORDINARY> 1003
<CHANGES> 0
<NET-INCOME> 11502
<EPS-PRIMARY> 1.50
<EPS-DILUTED> 1.50
</TABLE>
