<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Total Number of
Pages 12
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 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 0-21280
________________________________________________________________________________
DAVIDSON & ASSOCIATES, INC.
(Exact name of registrant as specified in its charter)
________________________________________________________________________________
California 33-0067635
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
19840 Pioneer Ave.
Torrance, CA 90503
(Address or principal executive officer)
Telephone Number (310) 793-0600
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.
X
Yes ___ No ___
As of March 31, 1996 there were 35,233,463 shares of the Registrant's Common,
$.00025 par value, Stock Outstanding.
1
<PAGE>
PART II-OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
(a) THE FOLLOWING EXHIBIT IS FILED AS PART OF THIS REPORT:
27 Financial Data Schedule
(b) Reports on Form 8-K:
Form 8-K was filed February 21, 1996 announcing the signing of a
definitive merger agreement with CUC International Inc.
Form 8-K was filed on March 12, 1996 announcing the acquisition of
Condor, Inc. in a stock-for-stock merger pursuant to an Agreement
and Plan of Reorganization.
2
<PAGE>
SIGNATURE
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 duly authorized.
DAVIDSON & ASSOCIATES, INC.
(Registrant)
Dated: June 13, 1996
/s/ Jack R. Allewaert
Jack R. Allewaert
Vice President, Chief Financial Officer
3
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<MULTIPLIER> 1,000
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 3,082
<SECURITIES> 15,702
<RECEIVABLES> 41,685
<ALLOWANCES> 12,514
<INVENTORY> 8,306
<CURRENT-ASSETS> 58,021
<PP&E> 13,498
<DEPRECIATION> 5,310
<TOTAL-ASSETS> 76,058
<CURRENT-LIABILITIES> 13,022
<BONDS> 0
0
0
<COMMON> 9
<OTHER-SE> 62,098
<TOTAL-LIABILITY-AND-EQUITY> 76,058
<SALES> 29,203
<TOTAL-REVENUES> 29,203
<CGS> 11,192
<TOTAL-COSTS> 11,192
<OTHER-EXPENSES> 15,219
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 2,971
<INCOME-TAX> 1,019
<INCOME-CONTINUING> 2,071
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,071
<EPS-PRIMARY> 0.06
<EPS-DILUTED> 0.06
</TABLE>