FORM 10-Q
AMENDMENT 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
(Mark One)
x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended July 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
For Quarter Ended Commission file number 0-19633
ENGLE HOMES, INC.
(Exact name of registrant as specified in its charter)
FLORIDA 59-2214791
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
123 N.W. 13th Street
Boca Raton, Florida 33432
(Address of principal executive offices) (Zip code)
(Registrant's telephone number, including area code)(561) 391-4012
NONE
(Former name, former address and former fiscal year, if
changed since last report)
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 report(s), and (2) has been subject to filing requirements
for the past 90 days.
YES x NO
Number of shares of common stock outstanding as of July 31, 1996:
6,929,200
<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.
ENGLE HOMES, INC.
(Registrant)
Date: December 9, 1996 \s\ ALEC ENGELSTEIN
Alec Engelstein
Chief Executive Officer
Date: December 9, 1996 \s\ DAVID SHAPIRO
David Shapiro
Chief Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-END> JUL-31-1996
<CASH> 11,949
<SECURITIES> 0
<RECEIVABLES> 7,993
<ALLOWANCES> 0
<INVENTORY> 210,030
<CURRENT-ASSETS> 0
<PP&E> 3,312
<DEPRECIATION> 0
<TOTAL-ASSETS> 271,590
<CURRENT-LIABILITIES> 0
<BONDS> 147,603
0
0
<COMMON> 69
<OTHER-SE> 78,538
<TOTAL-LIABILITY-AND-EQUITY> 271,590
<SALES> 219,066
<TOTAL-REVENUES> 221,555
<CGS> 189,923
<TOTAL-COSTS> 189,923
<OTHER-EXPENSES> 23,032
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 8,600
<INCOME-TAX> 3,268
<INCOME-CONTINUING> 5,332
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 5,332
<EPS-PRIMARY> .75
<EPS-DILUTED> .66
</TABLE>