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<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 December 28, 1997 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 1-10582
ALLIANT TECHSYSTEMS INC.
(Exact name of registrant as specified in its charter)
DELAWARE 41-16726904
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
600 SECOND STREET N.E.
HOPKINS, MINNESOTA 55343-8384
(Address of principal executive office) (Zip Code)
(612) 931-6000
(Registrant's telephone number, including area code)
NOT APPLICABLE
(Former name, former address and former fiscal year
if changed from last report)
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed under 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 [ ]
As of January 31, 1998, the number of shares of the registrant's
common stock, par value $.01 per share, outstanding was 13,182,100 (excluding
681,513 treasury shares).
<PAGE>
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits.
Exhibit No. Description of Exhibit
----------- ----------------------
27 Financial Data Schedule for the quarters ended
December 28, 1997 and December 29, 1996
27.1 Restated Financial Data Schedule for fiscal
year 1997
27.2 Restated Financial Data Schedule for the quarters
ended September 28, 1997 and September 29, 1996
27.3 Restated Financial Data Schedule for the quarters
ended June 29, 1997 and June 30, 1996
<PAGE>
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.
ALLIANT TECHSYSTEMS INC.
Date: May 8, 1998 By: /s/ Charles H. Gauck
---------------------------------
Name: Charles H. Gauck
Title: Secretary
(On behalf of the registrant)
Date: May 8, 1998 By: /s/ Scott S. Meyers
---------------------------------
Name: Scott S. Meyers
Title: Vice President and Chief
Financial Officer
(Principal Financial Officer)
<PAGE>
ALLIANT TECHSYSTEMS INC.
FORM 10-Q
EXHIBIT INDEX
The following exhibits are filed herewith electronically or incorporated herein
by reference. The applicable Securities and Exchange Commission File Number is
1-10582.
Exhibit
Number Description of Exhibit Method of Filing
- ------- ---------------------- ----------------
27 Financial Data Schedule for the quarters ended
December 28, 1997 and December 29, 1996......... Incorporated by
reference from
Exhibit 27 to Form
10-Q for the quarter
ended December 28, 1997
27.1 Restated Financial Data Schedule for
fiscal year 1997................................ Filed herewith
electronically
27.2 Restated Financial Data Schedule for the
quarters ended September 28, 1997 and
September 29, 1996.............................. Filed herewith
electronically
27.3 Restated Financial Data Schedule for the
quarters ended June 29, 1997 and June 30, 1996.. Filed herewith
electronically
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 10K FILING
FOR YEAR ENDED 3/31/1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> YEAR YEAR
<FISCAL-YEAR-END> MAR-31-1997 MAR-31-1996
<PERIOD-START> APR-01-1996 APR-01-1995
<PERIOD-END> MAR-31-1997 MAR-31-1996
<CASH> 122,491 45,532
<SECURITIES> 378 348
<RECEIVABLES> 191,675 178,475
<ALLOWANCES> 107 60
<INVENTORY> 68,125 87,602
<CURRENT-ASSETS> 425,242 356,169
<PP&E> 523,175 510,477
<DEPRECIATION> 162,615 127,964
<TOTAL-ASSETS> 1,009,704 1,035,142
<CURRENT-LIABILITIES> 331,197 313,191
<BONDS> 237,071 350,000
0 0
0 0
<COMMON> 131 130
<OTHER-SE> 218,661 157,347
<TOTAL-LIABILITY-AND-EQUITY> 1,009,704 1,035,142
<SALES> 1,089,397 1,020,605
<TOTAL-REVENUES> 1,089,397 1,020,605
<CGS> 925,137 834,298
<TOTAL-COSTS> 925,137 834,298
<OTHER-EXPENSES> 16,207 14,126
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 35,102 39,279
<INCOME-PRETAX> 36,659 62,082
<INCOME-TAX> 0 13,658
<INCOME-CONTINUING> 36,659 48,424
<DISCONTINUED> 22,500 (623)
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 59,159 47,801
<EPS-PRIMARY> 4.55 3.67
<EPS-DILUTED> 4.41 3.56
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 10Q FILING
FOR SIX MONTHS ENDED 9/28/97 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 6-MOS 6-MOS
<FISCAL-YEAR-END> MAR-31-1998 MAR-31-1997
<PERIOD-START> APR-01-1997 APR-01-1996
<PERIOD-END> SEP-28-1997 SEP-29-1996
<CASH> 86,608 122,491
<SECURITIES> 378 378
<RECEIVABLES> 190,294 191,675
<ALLOWANCES> 130 107
<INVENTORY> 59,233 68,125
<CURRENT-ASSETS> 381,194 425,242
<PP&E> 520,366 518,175
<DEPRECIATION> 181,549 162,615
<TOTAL-ASSETS> 946,606 1,004,704
<CURRENT-LIABILITIES> 264,935 326,197
<BONDS> 221,108 237,071
0 0
0 0
<COMMON> 131 131
<OTHER-SE> 249,254 218,661
<TOTAL-LIABILITY-AND-EQUITY> 946,606 1,004,704
<SALES> 518,593 477,821
<TOTAL-REVENUES> 518,593 477,821
<CGS> 429,044 399,338
<TOTAL-COSTS> 429,044 399,338
<OTHER-EXPENSES> 4,674 7,144
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 14,937 18,386
<INCOME-PRETAX> 30,578 18,938
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 30,578 18,938
<DISCONTINUED> 0 3,793
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 30,578 22,731
<EPS-PRIMARY> 2.35 1.75
<EPS-DILUTED> 2.28 1.70
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 10Q FILING
FOR THREE MONTHS ENDED 6/29/97 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 3-MOS
<FISCAL-YEAR-END> MAR-31-1998 MAR-31-1997
<PERIOD-START> APR-01-1997 APR-01-1996
<PERIOD-END> JUN-29-1997 JUN-30-1996
<CASH> 89,369 122,491
<SECURITIES> 378 378
<RECEIVABLES> 191,160 191,675
<ALLOWANCES> 121 107
<INVENTORY> 77,417 68,125
<CURRENT-ASSETS> 403,166 425,242
<PP&E> 519,500 523,175
<DEPRECIATION> 171,820 162,615
<TOTAL-ASSETS> 975,249 1,009,704
<CURRENT-LIABILITIES> 302,875 331,197
<BONDS> 229,089 237,071
0 0
0 0
<COMMON> 130 131
<OTHER-SE> 229,005 218,661
<TOTAL-LIABILITY-AND-EQUITY> 975,249 1,009,704
<SALES> 251,639 230,173
<TOTAL-REVENUES> 251,639 230,173
<CGS> 207,919 194,014
<TOTAL-COSTS> 207,919 194,014
<OTHER-EXPENSES> 2,038 2,800
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 7,556 9,280
<INCOME-PRETAX> 14,657 7,614
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 14,657 7,614
<DISCONTINUED> 0 2,290
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 14,657 9,904
<EPS-PRIMARY> 1.13 .76
<EPS-DILUTED> 1.10 .74
</TABLE>
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