<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
(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 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
for the transition period from to
-------
Commission File Number
0-17157
NOVELLUS SYSTEMS, INC.
(Exact name of Registrant as specified in its charter)
CALIFORNIA 77-0024666
(State or other jurisdiction (I.R.S. Employer
of incorporation of Identification
organization) Number)
81 VISTA MONTANA
SAN JOSE, CALIFORNIA
(Address of principal 95134
executive offices) (Zip Code)
Registrant's telephone number, including area code:
(408) 943-9700
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 April 26, 1995.
CLASS OUTSTANDING AT APRIL 26, 1995
Common Stock, no par value 16,264,850
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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.
NOVELLUS SYSTEMS, INC.
REGISTRANT
/s/ William J. Wall
---------------------------
William J. Wall
Vice President
Finance and Administration
(Principal Financial and Accounting Officer)
July 6, 1995
Date
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIALS
OF NOVELLUS SYSTEMS, INC. FIRST QUARTER 1995 10Q AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> MAR-31-1995
<CASH> 54,644
<SECURITIES> 91,695
<RECEIVABLES> 66,572<F1>
<ALLOWANCES> 0
<INVENTORY> 32,170
<CURRENT-ASSETS> 256,678
<PP&E> 50,250
<DEPRECIATION> 18,763
<TOTAL-ASSETS> 289,645
<CURRENT-LIABILITIES> 55,956
<BONDS> 0
<COMMON> 115,227
0
0
<OTHER-SE> 118,462
<TOTAL-LIABILITY-AND-EQUITY> 289,645
<SALES> 76,130
<TOTAL-REVENUES> 76,130
<CGS> 32,584
<TOTAL-COSTS> 32,584
<OTHER-EXPENSES> 20,527
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 86
<INCOME-PRETAX> 25,164
<INCOME-TAX> 8,556
<INCOME-CONTINUING> 16,608
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 16,608
<EPS-PRIMARY> 0.98
<EPS-DILUTED> 0.98
<FN>
<F1>REPORTED ON A NET BASIS FOR QUARTERLY PURPOSES.
</FN>
</TABLE>
