SECURITIES AND EXCHANGE COMMISSION FORM 10-K
WASHINGTON, DC 20549
ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended September 30, 1995
Commission File Number 1-9788
LANDAUER, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 06-1218089
(State or other jurisdiction (I.R.S. Employer
of incorporation or Identification Number)
organization)
2 SCIENCE ROAD, GLENWOOD, ILLINOIS 60425
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code:
(708) 755-7000
Securities registered pursuant to Section 12(b) of the Act:
COMMON STOCK WITH PAR VALUE OF $.10 AMERICAN STOCK EXCHANGE
(Title of each class) (Name of exchange on which
registered)
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 by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained herein,
and will not be contained, to the best of registrant's knowledge,
in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]
As of December 12, 1995, 8,477,285 common shares were
outstanding, and the aggregate market value of the common shares
(based upon the closing price on the American Stock Exchange)
held by non-affiliates was approximately $158,000,000.
Certain portions of the registrant's definitive Proxy Statement
in connection with the February 7, 1996 Annual meeting of
Stockholders (the "Proxy Statement") are incorporated by
reference into Part III of this Annual Report on Form 10-K.
SIX YEAR SELECTED FINANCIAL DATA
LANDAUER, INC. AND SUBSIDIARY
<TABLE>
<CAPTION>
(dollars in thousands, except per share)
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For the years ended
September 30, 1990 1991 1992 1993 1994 1995
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<S> <C> <C> <C> <C> <C> <C>
OPERATING RESULTS
Net revenues $ 24,736 $ 26,932 $ 27,823 $ 29,406 $ 31,653 $ 34,032
Operating income 9,241 10,916 11,556 12,067 13,324 14,665
Net income 6,509 7,440 7,882 8,023 8,903 10,061
As a percent of
net revenues 26.3% 27.6% 28.3% 27.3% 28.1% 29.6%
Net income per
share (a) $ .77 $ .88 $ .93 $ .95 $ 1.05 $ 1.19
Cash dividends
per share: (b)
Regular .40 .50 .65 .80 .88 1.00
Special .40 -- .50 -- -- --
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Total $ .80 $ .50 $ 1.15 $ .80 $ .88 1.00
Total assets $ 24,941 $ 30,372 $ 30,431 $ 32,745 $ 35,640 $ 38,749
===========================================================================
</TABLE>
(a) Based upon a weighted average of 8,477,285 common shares
outstanding for 1995 and 1994, 8,476,282 common shares
outstanding for 1993 and 8,471,268 common shares outstanding for
1990 through 1992.
(b) Shares outstanding have been restated to reflect a two-for-
one stock split effective January 17, 1992.
SIGNATURES OF REGISTRANT AND DIRECTORS
Pursuant to the requirements of Section 13 or 15(d) 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.
By/s/ Thomas M. Fulton December 13, 1995
----------------------
Thomas M. Fulton
President and Chief
Executive Officer
Pursuant to the requirements of the Securities Exchange Act of
1934, this report has been signed below by the following persons
on behalf of the registrant and in the capacities and on the
dates indicated:
Signature Title Date
/s/ Thomas M. Fulton President and December 13, 1995
-------------------- Director
Thomas M. Fulton (Principal Executive Officer)
/s/ James M. O'Connell Vice President, December 13, 1995
---------------------- Finance
James M. O'Connell Treasurer and Secretary
(Principal Financial and
Accounting Officer)
/s/ Gary D. Eppen Director December 13, 1995
------------------
Gary D. Eppen
/s/ Richard H. Leet Director December 13, 1995
--------------------
Richard H. Leet
/s/ Paul B. Rosenberg Director December 13, 1995
---------------------
Paul B. Rosenberg
/s/ Herbert Roth, Jr. Director December 13, 1995
---------------------
Herbert Roth, Jr.
/s/ Marvin G. Schorr Director December 13, 1995
--------------------
Marvin G. Schorr
/s/ C. Vincent Vappi Director December 13, 1995
---------------------
C. Vincent Vappi
/s/ Michael D. Winfield Director December 13, 1995
-----------------------
Michael D. Winfield
