UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________
FORM 10-Q/A
Amendment No. 1
(Mark One)
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1996
OR
( ) 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 0-24172
Metrologic Instruments, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 22-1866172
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
Coles Road at Route 42, Blackwood, New Jersey 08012
(Address of principal executive offices) (Zip Code)
(609)228-8100
(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 .
As of May 3, 1996 there were 5,250,785 shares of Common Stock, $.01 par value
per share, outstanding.
<PAGE>
METROLOGIC INSTRUMENTS, INC.
INDEX
<TABLE>
<CAPTION>
Page
No.
<S> <C>
Part I - Financial Information
Item 1. Financial Statements
Condensed Consolidated Balance Sheets -
March 31, 1996 and December 31, 1995 3
Condensed Consolidated Statements of Operations -
Three Months Ended March 31, 1996 and 1995 4
Condensed Consolidated Statements of Cash Flows - Three
Months Ended March 31, 1996 and 1995 5
Notes to Condensed Consolidated Financial Statements 6
Item 2. Management's Discussion and Analysis of
Financial Condition and Results of Operations 9
Part II - Other Information
Item 1. Legal Proceedings 12
Item 2. Changes in Securities 12
Item 3. Defaults upon Senior Securities 12
Item 4. Submission of Matters to a Vote of Security
Holders 12
Item 5. Other Information 12
Item 6. Exhibits and Reports on Form 8-K 13
Exhibit Index
Statement Regarding Computation of Per Share
Earnings.
Financial Data Schedule
</TABLE>
<PAGE>
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits:
Exhibit Number
11 Statement Regarding Computation of
Per Share Earnings.
27 Financial Data Schedule
(b) Reports on Form 8-K.
No reports on Form 8-K were filed during the
quarter for which this report on Form 10-Q/A
is being filed.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed by the undersigned
thereunto duly authorized.
METROLOGIC INSTRUMENTS, INC.
Date: July 23, 1996 By:/s/Thomas E. Mills IV
Thomas E. Mills IV
Vice President Finance &
Chief Financial Officer
(Principal Financial Officer)
<PAGE>
EXHIBIT INDEX
Exhibit No.
11 Statement Regarding Computation of Per Share Earnings
27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedules contains summary financial information extracted from
unaudited financial statements for the three months ended March 31, 1996
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<PERIOD-START> JAN-01-1996
<FISCAL-YEAR-END> Dec-31-1995
<PERIOD-END> mar-31-1996
<CASH> 10,322,000
<SECURITIES> 0
<RECEIVABLES> 7,647,000
<ALLOWANCES> 502,000
<INVENTORY> 4,822,000
<CURRENT-ASSETS> 24,482,000
<PP&E> 4,361,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 32,575,000
<CURRENT-LIABILITIES> 10,449,000
<BONDS> 0
0
0
<COMMON> 53,000
<OTHER-SE> 18,355,000
<TOTAL-LIABILITY-AND-EQUITY> 32,575,000
<SALES> 10,342,000
<TOTAL-REVENUES> 10,342,000
<CGS> 6,271,000
<TOTAL-COSTS> 9,627,000
<OTHER-EXPENSES> (87,000)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 29,000
<INCOME-PRETAX> 802,000
<INCOME-TAX> 312,000
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 490,000
<EPS-PRIMARY> .09
<EPS-DILUTED> .09
</TABLE>
