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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 10-Q
AMMENDMENT 1
QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR QUARTER ENDED MARCH 31, 1995 COMMISSION FILE NUMBER 0-16059
JASON INCORPORATED
(Exact name of registrant as specified in its charter)
WISCONSIN 39-1756840
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
411 E. WISCONSIN AVENUE, SUITE 2500, MILWAUKEE, WI 53202
(Address of principal executive offices)
(414) 277-9300
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Sections 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 ___
On March 31, 1995 there were outstanding 20,075,425 shares of the Registrant's
$.10 par value common stock.
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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.
JASON INCORPORATED (Registrant)
by ________________________
Mark Train
Executive Vice President
(Chief Financial Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Jason
Incorporated's consolidated balance sheet at March 31, 1995 and
consolidated statements of income for the three month period ended
March 31, 1995 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-29-1995
<PERIOD-START> DEC-31-1994
<PERIOD-END> MAR-31-1995
<CASH> 205
<SECURITIES> 0
<RECEIVABLES> 53261
<ALLOWANCES> 0<F1>
<INVENTORY> 35387
<CURRENT-ASSETS> 114041
<PP&E> 114134
<DEPRECIATION> 48260
<TOTAL-ASSETS> 283168
<CURRENT-LIABILITIES> 74260
<BONDS> 113639<F2>
<COMMON> 34255
0
0
<OTHER-SE> 43675
<TOTAL-LIABILITY-AND-EQUITY> 283168
<SALES> 108666
<TOTAL-REVENUES> 108666
<CGS> 84754
<TOTAL-COSTS> 84754
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2428
<INCOME-PRETAX> 5880
<INCOME-TAX> 2464
<INCOME-CONTINUING> 3416
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 3416
<EPS-PRIMARY> .17
<EPS-DILUTED> 0<F3>
<FN>
<F1>Company presents receivables on a net basis in compliance with Article 10
Regulation S-X
<F2>Includes all non-current portion of debt oblications.
<F3>Not reported.
</FN>
</TABLE>