SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
Quarterly Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
For the quarter ended December 31, 1997 Commission File No. 0-17295
THE KUSHNER-LOCKE COMPANY
(Exact name of registrant as specified in its charter)
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<S> <C>
California 95-4079057
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
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11601 Wilshire Blvd., 21st Floor, Los Angeles, California 90025
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (310) 481-2000
Securities registered pursuant to Section 12(b) of the Act:
Not Applicable
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, without par value
10% Convertible Subordinated Debentures, Series A due 2000
133/4% Convertible Subordinated Debentures, Series B due 2000
Common Stock Purchase Warrants, Class C
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
There were 9,132,815 shares of outstanding Common Stock of the Registrant as
of February 13, 1998.
Total number of pages: 4. Exhibit Index begins on page 3.
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The undersigned registrant (the "Registrant") hereby amends the following
items of its Quarterly Report on Form 10-Q for the three months ended
December 31, 1997 (the "Report") as follows:
PART II
The Registrant hereby amends the information set forth under Item 6 of the
Report by including therein the Financial Data Schedule as set forth below.
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits: Exhibits filed as part of this report are listed on the
"Index to Exhibits" which follows the signature pages
hereto.
(b) Reports on Form 8-K: None.
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.
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THE KUSHNER-LOCKE COMPANY
(Registrant)
Dated: June 11, 1998 /s/ DONALD KUSHNER
Donald Kushner
Co-Chairman of the Board,
Co-Chief Executive Officer
and Secretary
Dated: June 11, 1998 /s/ ROBERT SWAN
Robert Swan
Senior Vice President and
Chief Financial Officer
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INDEX TO EXHIBITS
3.1 Articles of Incorporation - included in the original filing.
27 Financial Data Schedule
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<ARTICLE> 5
<MULTIPLIER> 1000
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<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> SEP-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> DEC-31-1997
<CASH> 2,406
<SECURITIES> 0
<RECEIVABLES> 31,840
<ALLOWANCES> 1,066
<INVENTORY> 69,250<F1>
<CURRENT-ASSETS> 0<F2>
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 114,837
<CURRENT-LIABILITIES> 0<F3>
<BONDS> 11,449
0
0
<COMMON> 39,178
<OTHER-SE> (7,591)
<TOTAL-LIABILITY-AND-EQUITY> 114,837
<SALES> 0
<TOTAL-REVENUES> 20,160
<CGS> 17,287
<TOTAL-COSTS> 17,287
<OTHER-EXPENSES> 1,328
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,394
<INCOME-PRETAX> 184
<INCOME-TAX> 6
<INCOME-CONTINUING> 178
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 178
<EPS-PRIMARY> .02
<EPS-DILUTED> .02
<FN>
<F1>Included as Inventory are: completed film costs, productions in progress
and development costs.
<F2>The Company does not present a classified balance sheet.
<F3>The Company does not present a classified balance sheet.
</FN>
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