SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
[X] Annual Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
For the fiscal year ended December 1, 1996
[ ] Transaction Report Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Commission File No. 1-9440
HARROW INDUSTRIES, INC.
(Exact name of Registrant as specified in its charter)
Delaware 52-1499075
(State of Incorporation) (I.R.S. Employer Identification No.)
2627 East Beltline, S.E., Grand Rapids, MI 49546
Registrant's telephone number, including area code
(616) 942-1440
Securities registered pursuant to Section 12(b) of the Act:
$65,000,000 12-3/8% Senior Subordinated Debentures due 2002
Securities registered pursuant to Section 12(g) of the Act:
None
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 with the Commission and (2) has been subject
to such filing requirements for the past 90 days. Yes X No
<PAGE>
SIGNATURES
Pursuant to the requirement of Section 13 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, on the 18th day of April, 1997.
HARROW INDUSTRIES, INC.
(Registrant)
By /s/Donald G. Calder
Donald G. Calder
Chairman of the Board
Pursuant to the requirements of the Securities Exchange Act of 1934 this
report has been signed by the following persons in the capacities indicated on
the 18th day of April, 1996:
Signature Title
/s/Donald G. Calder Chairman of the Board
Donald G. Calder (Chief Executive Officer)
/s/James S. Dahlke President and Director
James S. Dahlke
/s/John S. Hogan Treasurer
John S. Hogan (Chief Financial Officer)
/s/Gary L. Humphreys Controller
Gary L. Humphreys (Chief Accounting Officer)
Director
W. Lawrence Banks
/s/David H. Benson Director
David H. Benson
<PAGE>
/s/George F. Ohrstrom Director
George F. Ohrstrom
Director
George L. Ohrstrom, Jr.
/s/Eriberto R. Scocimara Director
Eriberto R. Scocimara
/s/Georg Graf Schall-Riaucour Director
Georg Graf Schall-Riaucour
/s/Derrick N. Key Director
Derrick N. Key
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from SEC
Form 10-K and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-01-1996
<PERIOD-START> DEC-04-1995
<PERIOD-END> DEC-01-1996
<CASH> 3,088
<SECURITIES> 0
<RECEIVABLES> 20,128
<ALLOWANCES> 1,043
<INVENTORY> 11,544
<CURRENT-ASSETS> 36,523
<PP&E> 41,963
<DEPRECIATION> 24,239
<TOTAL-ASSETS> 74,720
<CURRENT-LIABILITIES> 17,889
<BONDS> 47,388
2,955
3
<COMMON> 10
<OTHER-SE> 523
<TOTAL-LIABILITY-AND-EQUITY> 74,720
<SALES> 151,747
<TOTAL-REVENUES> 151,747
<CGS> 96,190
<TOTAL-COSTS> 96,190
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 6,398
<INCOME-PRETAX> 8,845
<INCOME-TAX> 3,530
<INCOME-CONTINUING> 5,315
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 5,315
<EPS-PRIMARY> 4.76
<EPS-DILUTED> 4.76
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