LANDAUER INC
10-Q/A, 1995-06-21
TESTING LABORATORIES
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     SECURITIES AND EXCHANGE COMMISSION

     Washington, DC 20549

     FORM 10-Q

     /X/  QUARTERLY REPORT pursuant to Section 13 or 15(d) of the Securities 
     Exchange Act of 1934

     For the quarterly period ended March 31, 1995 or
                                    ______________

     /  / TRANSITION REPORT pursuant to Section 13 or 15(d) of the Securities 
     Exchange Act of 1934

     For the transition from                     to                       

     Commission File Number  1-9788
                             ______


     LANDAUER, INC.
     --------------------------
     (Exact name of registrant as specified in its charter)


     Delaware                                   06-1218089

     (State or other jurisdiction of            (I.R.S. Employer
     incorporation or organization)             Identification Number)



     2 Science Road, Glenwood, Illinois 60425
     ------------------------------------------
     (Address of principal executive offices and Zip Code)


     Registrant's telephone number, including area code (708) 755-7000



     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 the number of shares  outstanding of each of the  issuer's classes
     of common stock, as of the latest practicable date. 

     Class                             Outstanding at May 11, 1995
     ---------------------------       ----------------------------
     Common stock, $.10 par value      8,477,285















     LANDAUER, INC.

     March 31, 1995

     PART II.OTHER INFORMATION

     Item 2.     Legal Proceedings
                 _________________

     Landauer is involved in various legal proceedings but believes that these
     matters will be resolved without a material effect on its financial
     position.

     Item 4.     Submission of Matters to a Vote of Security Holders
                 ___________________________________________________

     At its Annual Meeting held on February 1, 1995, the shareholders voted to
     re-elect Marvin G. Schorr, Gary D. Eppen, and Michael D. Winfield as
     directors for three-year terms.  Voting for all nominees were 6,971,504
     shares (representing 82.2% of total shares outstanding), and votes for
     127,799 shares were withheld from all nominees.  Continuing as directors
     are Richard H. Leet, C. Vincent Vappi, Thomas M. Fulton, Paul B. Rosenberg,
     and Herbert Roth, Jr.

     Shareholders voted to approve an incentive compensation plan for executive
     officers with 6,655,406 shares (representing 78.5% of total shares
     outstanding) voting for the proposal, 197,502 against, and 248,295
     abstaining.

     The shareholders also voted to reappoint Arthur Andersen LLP as the
     Company s auditors for the following year, with 7,028,898 shares (82.9% of
     total shares outstanding) voting for, 58,702 shares against, and 13,603
     shares abstaining.

     Item 6.     Exhibits and Reports on Form 8-K
                 ________________________________

          (a)     No exhibits are filed with this report.
          (b)     There were no reports on Form 8-K during the quarter 
                    for which this report is filed.

                                      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.


                                                                  LANDAUER, INC.

     Date:  May 11, 1995

                                                          /s/ James M. O Connell
                                                 _______________________________
                                                              James M. O'Connell
                                                    Vice President and Treasurer
                                                        (Principal Financial and
                                                             Accounting Officer)

<TABLE> <S> <C>

     <ARTICLE> 5
     <CIK> 0000825410
     <NAME> LANDAUER, INC.
     <MULTIPLIER> 1,000
            
     <S>                             <C>
     <PERIOD-TYPE>                   6-MOS
     <FISCAL-YEAR-END>                          SEP-30-1995
     <PERIOD-START>                             OCT-01-1994
     <PERIOD-END>                               MAR-31-1995
     <CASH>                                           4,265
     <SECURITIES>                                     2,027
     <RECEIVABLES>                                    7,107
     <ALLOWANCES>                                       118
     <INVENTORY>                                        875
     <CURRENT-ASSETS>                                15,130
     <PP&E>                                          16,463
     <DEPRECIATION>                                   8,558
     <TOTAL-ASSETS>                                  36,440
     <CURRENT-LIABILITIES>                           13,546
     <BONDS>                                              0
     <COMMON>                                           848
                                     0
                                               0
     <OTHER-SE>                                      22,046
     <TOTAL-LIABILITY-AND-EQUITY>                    36,440
     <SALES>                                         16,686
     <TOTAL-REVENUES>                                16,686
     <CGS>                                            4,918
     <TOTAL-COSTS>                                    4,918
     <OTHER-EXPENSES>                                     0
     <LOSS-PROVISION>                                     0
     <INTEREST-EXPENSE>                                   0
     <INCOME-PRETAX>                                  7,812
     <INCOME-TAX>                                     2,917
     <INCOME-CONTINUING>                              4,895
     <DISCONTINUED>                                       0
     <EXTRAORDINARY>                                      0
     <CHANGES>                                            0
     <NET-INCOME>                                     4,895
     <EPS-PRIMARY>                                      .58
     <EPS-DILUTED>                                      .58
             
     
</TABLE>


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