UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
(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, 1997
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission file number 0-16225
EMCON
(Exact name of Registrant as specified in its charter)
California 94-1738964
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(State or other jurisdiction of (I.R.S.Employer
incorporation or organization) Identification No.)
400 South El Camino Real, Suite 1200
San Mateo, California 94402
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 375-1522
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 [ ]
8,535,372 shares of Common Stock Issued and Outstanding as of May 13, 1997.
EXHIBIT 11.1
EMCON
COMPUTATION OF INCOME PER SHARE
(In thousands except per share data)
<TABLE>
<CAPTION>
Three months ended
March 31,
1997 1996
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<S> <C> <C>
Net income ............................................................................... $ 691 $ 34
Proforma interest income related to modified
treasury stock method .................................................................. N/A 48
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Adjusted net income ...................................................................... $ 691 $ 82
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Weighted average number of common shares
outstanding during the period ........................................................... 8,535 8,457
Common and common equivalent shares outstanding
for the purpose of calculating primary net income per share ............................. 8,472 N/A
Common equivalent shares from outstanding
stock options using the modified treasury
stock method ............................................................................ N/A 959
Incremental shares to reflect full dilution (1) .......................................... 0 0
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Total shares for purposes of calculating diluted
income per share (1) .................................................................... 8,472 9,416
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Primary income per share ................................................................. $ 0.08 $ 0.01
====== ======
Fully diluted income per share ........................................................... $ 0.08 $ 0.01
====== ======
</TABLE>
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(1) This calculation is submitted in accordance with Regulation S-K Item
601(b)(11) although not required by footnote 2 to paragraph 14 to APB
opinion No. 15, because it results in dilution of less than 3%.
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