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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
(AMENDMENT NO. 1)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 29, 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 1-11566
COMPUSA INC.
(Exact name of registrant as specified in its charter)
DELAWARE 75-2261497
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
14951 NORTH DALLAS PARKWAY, DALLAS, TEXAS 75240
(Address of principal executive offices)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (972) 982-4000
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
----- -----
The registrant had 91,242,490 shares of common stock, $.01 per share par value,
outstanding as of April 30, 1997.
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Part II - OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K............................... 3
Signatures.............................................................. 4
Exhibit 27 - Financial Data Schedule.................................... 5
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The following item of CompUSA Inc.'s Quarterly Report on Form 10-Q for the
quarter ended March 29, 1997, and Exhibit 27 referred to therein, are hereby
amended. Such item and exhibit are set forth herein in their entirety, as
amended. The other exhibits, which are not being amended, are not being filed
with this Amendment.
PART II
ITEM 6. EXHIBITS AND REPORTS ON FROM 8-K
(a) Exhibits:
3.1 Restated and Amended Certificate of Incorporation (1)
3.2 Restated and Amended Bylaws (2)
11 Computation of Income per Common and Common Equivalent Share (3)
27 Restated Financial Data Schedule (3) (4)
(b) Reports on Form 8-K.
None.
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(1) Previously filed as an exhibit to the Company's Registration
Statement No. 1-11566 on Form 8-A/A filed December 6, 1996, as
amended and incorporated herein by reference.
(2) Previously filed as an exhibit to the Company's Quarterly Report
on Form 10-Q for the fiscal quarter ended March 26, 1994 and
incorporated herein by reference.
(3) Filed herewith.
(4) Included with EDGAR version only.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Amendment to be signed on its behalf by the
undersigned thereunto duly authorized.
CompUSA Inc.
Date: March 23, 1998 By: /S/ JAMES E. SKINNER
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James E. Skinner
Executive Vice President, Chief
Financial Officer and Treasurer
(Principal Financial and Accounting
Officer and Authorized Officer)
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<TABLE> <S> <C>
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<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS (A) SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S UNAUDITED FINANCIAL STATEMENTS AS OF AND FOR THE THIRTY-NINE WEEKS
ENDED MARCH 29, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS AND (B) SUMMARY FINANCIAL INFORMATION AS OF AND FOR THE
THIRTY-NINE WEEKS ENDED MARCH 23, 1996.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 9-MOS 9-MOS
<FISCAL-YEAR-END> JUN-28-1997 JUN-29-1996
<PERIOD-START> JUN-30-1996 JUN-25-1995
<PERIOD-END> MAR-29-1997 MAR-23-1996<F1>
<CASH> 257,088 295,887
<SECURITIES> 0 0
<RECEIVABLES> 182,485 142,718
<ALLOWANCES> (2,042) (1,450)
<INVENTORY> 625,055 442,879
<CURRENT-ASSETS> 1,085,308 894,711
<PP&E> 254,817 186,898
<DEPRECIATION> (91,630) (62,444)
<TOTAL-ASSETS> 1,258,133 1,026,567
<CURRENT-LIABILITIES> 737,616 595,263
<BONDS> 110,000 110,000
0 0
0 0
<COMMON> 916 898
<OTHER-SE> 399,925 308,909
<TOTAL-LIABILITY-AND-EQUITY> 1,258,133 1,026,567
<SALES> 3,462,015 2,830,937
<TOTAL-REVENUES> 3,462,015 2,830,937
<CGS> 2,975,389 2,453,104
<TOTAL-COSTS> 2,975,389 2,453,104
<OTHER-EXPENSES> 368,015 294,414
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 9,136 9,376
<INCOME-PRETAX> 115,431 78,381
<INCOME-TAX> 44,442 30,493
<INCOME-CONTINUING> 70,989 47,888
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 70,989 47,888
<EPS-PRIMARY> 0.75 0.53
<EPS-DILUTED> 0.75 0.53
<FN>
<F1>
THE SUMMARY FINANCIAL INFORMATION AS OF AND FOR THE THIRTY-NINE WEEKS ENDED
MARCH 23, 1996 RESTATES THE INFORMATION CONTAINED IN EXHIBIT 27 TO THE COMPANY'S
REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 23, 1996 TO REFLECT THE EFFECTS
OF (1) THE ACQUISITION BY THE COMPANY OF PCS COMPLEAT, INC. ON MAY 30, 1996,
WHICH WAS REFLECTED IN THE COMPANY'S FINANCIAL STATEMENTS USING THE POOLING OF
INTERESTS METHOD OF ACCOUNTING, AND (2) A 2-FOR-1 STOCK SPLIT EFFECTED BY THE
COMPANY IN THE FORM OF A STOCK DIVIDEND TO HOLDERS OF COMMON STOCK OF RECORD ON
NOVEMBER 18, 1996.
</FN>
</TABLE>
