<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10-Q/A
Amendment No. 1 to
[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934.
For the quarter ended June 30, 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:
0-28734
ADVANCED FIBRE COMMUNICATIONS, INC.
-----------------------------------
(Exact name of registrant as specified in its charter)
Delaware 68-0277743
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
One Willow Brook Court
Petaluma, California 94954
(707) 794-7700
(Address of Registrant's principal
executive offices and telephone number, including area code)
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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 [ ]
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date:
Outstanding as of
Class July 25, 1997
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Common Stock, $0.01 par value 71,623,290
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Form 10-Q/A
Amendment No. 1
The undersigned Registrant hereby amends the Financial Data Schedule for the six
month period ended June 30, 1997 herewith.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant had duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.
ADVANCED FIBRE COMMUNICATIONS, INC.
(Registrant)
Dated: August 28, 1998 By: /s/ Peter A. Darbee
---------------------------------
Name: Peter A. Darbee
Title: Vice President, Chief
Financial Officer,
Treasurer and Secretary
(Duly Authorized Signatory
and Principal Financial
Officer)
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ADVANCED FIBRE COMMUNICATIONS, INC.
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
Number Document Description
<S> <C>
27.697 Financial data schedule (restated) for the six month period ending June 30, 1997
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<CASH> 12,489
<SECURITIES> 99,008
<RECEIVABLES> 52,986
<ALLOWANCES> 0
<INVENTORY> 27,854
<CURRENT-ASSETS> 198,310
<PP&E> 20,418
<DEPRECIATION> (2,598)
<TOTAL-ASSETS> 219,639
<CURRENT-LIABILITIES> 30,030
<BONDS> 0
0
0
<COMMON> 710
<OTHER-SE> 187,932
<TOTAL-LIABILITY-AND-EQUITY> 219,639
<SALES> 104,848
<TOTAL-REVENUES> 105,612
<CGS> 55,467
<TOTAL-COSTS> 58,512
<OTHER-EXPENSES> 28,720
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (2,183)
<INCOME-PRETAX> 20,563
<INCOME-TAX> 7,608
<INCOME-CONTINUING> 12,955
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 12,955
<EPS-PRIMARY> 0.19
<EPS-DILUTED> 0.17
</TABLE>
