SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
Number 1
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1995 Commission file number 1-7283
REGAL-BELOIT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Wisconsin 39-0875718
(State of Incorporation) (I.R.S. Employer Identification No.)
200 State Street
Beloit, Wisconsin 53511-6254
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (608) 364-8800
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Securities registered pursuant to Section 12 (b) of the Act:
Name of Each Exchange on
Title of Each Class Which Registered
- ----------------------------- ------------------------
Common Stock ($.01 Par Value) American Stock Exchange
Securities registered pursuant to Section 12 (g) of the Act................None
(Title of Class)
===============================================================================
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
The aggregate market value of the voting stock held by non-affiliates of the
registrant as of March 20, 1996 was approximately $407,000,000.
On March 20, 1996 the registrant had outstanding 20,600,707 shares common
stock, $.01 par value, which is registrant's only class of common stock.
===============================================================================
Documents Incorporated by Reference
Documents Form 10-K Reference
Annual Report to Shareholders for Year Ended
December 31, 1995................................... I, II, IV
Proxy Statement for Annual Shareholder Meeting to be
Held on April 24, 1996.............................. III
<PAGE>
Exhibit Index
(Revised)
Exhibit 13.1 Annual Report to Shareholders
Exhibit 27 Financial Data Schedule<PAGE>
SIGNATURE
<PAGE>
SIGNATURE
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.
REGAL-BELOIT CORPORATION
Robert C. Burress
By: -------------------------------------------
Robert C. Burress
Secretary
April 16, 1996
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<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<CASH> 7,458,000
<SECURITIES> 0
<RECEIVABLES> 41,172,000
<ALLOWANCES> 1,140,000
<INVENTORY> 49,263,000
<CURRENT-ASSETS> 102,401,000
<PP&E> 130,893,000
<DEPRECIATION> 58,201,000
<TOTAL-ASSETS> 175,480,000
<CURRENT-LIABILITIES> 32,024,000
<BONDS> 0
0
0
<COMMON> 206,000
<OTHER-SE> 135,667,000
<TOTAL-LIABILITY-AND-EQUITY> 175,480,000
<SALES> 295,891,000
<TOTAL-REVENUES> 295,891,000
<CGS> 209,430,000
<TOTAL-COSTS> 209,430,000
<OTHER-EXPENSES> 32,854,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 776,000
<INCOME-PRETAX> 53,140,000
<INCOME-TAX> 20,322,000
<INCOME-CONTINUING> 32,818,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 32,818,000
<EPS-PRIMARY> 1.60
<EPS-DILUTED> 0
</TABLE>
