<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
(Mark One)
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
- ----- OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED MARCH 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 ......
Commission file number 33-49854-A
INTILE DESIGNS, INC.
(Exact name of small business issuer as specified in its charter)
DELAWARE 13-3625325
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
9716 OLD KATY ROAD, SUITE 110
HOUSTON, TEXAS 77055
(Address of principal executive offices)
(713) 468-8400
(Issuer's telephone number, including area code)
Check whether the registrant (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to filing requirements for the past 90 days. Yes ...X...No....
State the number of shares outstanding of each of the issuer's classes of common
stock as of the latest practicable date: The total number of shares of Common
Stock, par value $.0001 per share, outstanding as of August 13, 1996 was
2,799,671.
Page 1 of 3
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PART I - FINANCIAL INFORMATION
None
PART II - OTHER INFORMATION
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits -
27 - Financial Data Schedule
(b) Reports on Form 8-K - None
Page 2 of 3
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SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereto duly
authorized.
Intile Designs, Inc.
--------------------
(Registrant)
Date: September 3, 1996 s/ C. William Cox
--------------------
C. William Cox
President
s/ James C. Hazlewood
---------------------
James C. Hazlewood
Chief Financial Officer
Page 3 of 3
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1995
<PERIOD-END> MAR-31-1996
<CASH> 69,778
<SECURITIES> 0
<RECEIVABLES> 1,698,776
<ALLOWANCES> (134,602)
<INVENTORY> 8,447,237
<CURRENT-ASSETS> 10,218,660
<PP&E> 1,561,579
<DEPRECIATION> (1,004,914)
<TOTAL-ASSETS> 10,991,581
<CURRENT-LIABILITIES> 9,399,449
<BONDS> 0
0
0
<COMMON> 560
<OTHER-SE> 1,487,814
<TOTAL-LIABILITY-AND-EQUITY> 9,399,449
<SALES> 18,892,947
<TOTAL-REVENUES> 18,892,947
<CGS> 11,617,811
<TOTAL-COSTS> 11,179,387<F1>
<OTHER-EXPENSES> (5,407)
<LOSS-PROVISION> 93,597
<INTEREST-EXPENSE> 452,993
<INCOME-PRETAX> (4,351,837)
<INCOME-TAX> (105,000)
<INCOME-CONTINUING> (4,246,837)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (4,246,837)
<EPS-PRIMARY> (.76)
<EPS-DILUTED> (.76)
<FN>
<F1>This includes $93,597 which is also on line 31. If not supposed to be in both
places, then reduce this expense by $93,597.
</FN>
</TABLE>
