UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-QSB/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 October 31, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from ______ to ______
Commission file number 0-22324
JACKSON HEWITT INC.
(Exact name of small business issuer as specified in its charter)
Virginia 54-1349705
(State of organization) (I.R.S. Employer Identification No.)
4575 Bonney Road, Virginia Beach, Virginia 23462
(Address of principal executive office)
(757) 473-3300
(Registrant's telephone number, including area code)
Check whether the issuer (1) filed all reports required to be filed
by Section 12, 13 or 15(d) of the Exchange Act during the past 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.
[X] Yes [ ] No
State the number of shares outstanding of each of the issuer's classes of
common stock, as of the last practicable date: 4,552,797
Transitional Small Business Issuer Format (check one): [ ] Yes [X] No
<PAGE>
SIGNATURE
In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed by the undersigned, thereunto duly
authorized.
Jackson Hewitt Inc.
By /s/ Christopher Drake
Christopher Drake
Controller &
Chief Financial Officer
January 29, 1997
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-1996
<PERIOD-END> OCT-31-1996
<CASH> 527
<SECURITIES> 0
<RECEIVABLES> 4,251
<ALLOWANCES> (1,320)
<INVENTORY> 378
<CURRENT-ASSETS> 7,289
<PP&E> 4,886
<DEPRECIATION> (2,132)
<TOTAL-ASSETS> 24,689
<CURRENT-LIABILITIES> 10,485
<BONDS> 0
0
3,484
<COMMON> 7,822
<OTHER-SE> (1,204)
<TOTAL-LIABILITY-AND-EQUITY> 24,689
<SALES> 0
<TOTAL-REVENUES> 2,196
<CGS> 0
<TOTAL-COSTS> 6,162
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (561)
<INCOME-PRETAX> (3,785)
<INCOME-TAX> (2,330)
<INCOME-CONTINUING> (3,966)
<DISCONTINUED> 0
<EXTRAORDINARY> (1,248)
<CHANGES> 0
<NET-INCOME> (3,579)
<EPS-PRIMARY> (0.83)
<EPS-DILUTED> 0
</TABLE>