SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC
FORM 10-Q/A
Quarterly Report Under Section 13 or 15(d) of the Securities Exchange Act
of 1934
___________________________________________________________________________
For Quarter Ended June 30, 1999 Commission File Number 0-17536
SEVENSON ENVIRONMENTAL SERVICES, INC.
(Exact name of registrant as specified in its charter)
New York 16-1091535
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
2749 Lockport Road
PO Box 396
Niagara Falls, NY 14302-0396
(Address of principal executive offices)
(716) 284-0431
(Registrant's telephone number, including area code)
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 ______
Number of common shares outstanding as of the close of the period covered
by this report:
2,101,379 shares of Common Stock and 7,434,850 shares of Class B Common
Stock
<PAGE>
PART II - OTHER INFORMATION
Item 6 Exhibits and Reports on 8-K
(a) Exhibits:
27 Amended Financial Data Schedule
(b) Reports on Form 8-K:
No reports on Form 8-K have been filed during the quarter ended
June 30, 1999.
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 hereunto duly authorized.
SEVENSON ENVIRONMENTAL SERVICES, INC.
Dated: November 1, 1999
/s/ William J. McDermott
_____________________________________________
William J. McDermott
Vice President, Secretary and
Chief Financial Officer
<PAGE>
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<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<CASH> 1,586
<SECURITIES> 46,107
<RECEIVABLES> 24,057
<ALLOWANCES> 41
<INVENTORY> 71
<CURRENT-ASSETS> 75,385
<PP&E> 34,072
<DEPRECIATION> 18,353
<TOTAL-ASSETS> 108,594
<CURRENT-LIABILITIES> 16,825
<BONDS> 0
0
0
<COMMON> 107
<OTHER-SE> 87,699
<TOTAL-LIABILITY-AND-EQUITY> 108,594
<SALES> 45,806
<TOTAL-REVENUES> 45,806
<CGS> 36,232
<TOTAL-COSTS> 36,232
<OTHER-EXPENSES> 5,412
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 85
<INCOME-PRETAX> 5,053
<INCOME-TAX> 1,673
<INCOME-CONTINUING> 3,416
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 3,416
<EPS-BASIC> .36
<EPS-DILUTED> .36
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