SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
(Amendment No. 2)
Quarterly Report Pursuant to Section 13 or 15 (d) of
The Securities Exchange Act of 1934
For the Quarterly Period Ended: June 30, 1996
Commission File Number: 0-21900
SUNDANCE HOMES, INC.
(Exact name of registrant as specified in its charter)
Illinois 36-3111764
(State or other (IRS Employer
Jurisdiction of Identification
incorporation or Number)
organization)
1375 East Woodfield Road, Suite 600, Schaumburg, Illinois 60173
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (847) 255-5555
Indicate by check mark whether the registrant has: 1) 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
At October 23, 1996, there were 7,807,000 shares outstanding
of the registrant's Stock ($0.01) par value).
<PAGE>
PART II.
Item 6. Exhibits and Reports on Form 8-K
The following exhibit is filed with this report:
27.1 Financial Data Schedule.
<PAGE>
SIGNATURE PAGE
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.
SUNDANCE HOMES, INC.
By: /S/ Arthur L. Titus Date: October 21, 1996
Arthur L. Titus, President and
Chief Operating Officer
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<PERIOD-START> OCT-01-1995 OCT-01-1994 APR-01-1996 APR-01-1995
<FISCAL-YEAR-END> SEP-30-1996 SEP-30-1995 SEP-30-1996 SEP-30-1995
<PERIOD-END> JUN-30-1996 JUN-30-1995 JUN-30-1996 JUN-30-1995
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<ALLOWANCES> 0 0 0 0
<INVENTORY> 81,836 86,434 81,836 86,434
<CURRENT-ASSETS> 85,081 91,121 85,081 91,121
<PP&E> 1,495 1,029 1,495 1,029
<DEPRECIATION> 0 0 0 0
<TOTAL-ASSETS> 93,567 98,880 93,567 98,880
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<BONDS> 35,023 42,787 35,023 42,787
0 0 0 0
0 0 0 0
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<OTHER-SE> 26,972 26,972 26,972 26,972
<TOTAL-LIABILITY-AND-EQUITY> 93,567 98,880 93,567 98,880
<SALES> 80,295 74,976 28,016 16,280
<TOTAL-REVENUES> 80,295 74,976 28,016 16,280
<CGS> 72,239 72,858 24,676 18,761
<TOTAL-COSTS> 80,534 81,665 27,234 21,477
<OTHER-EXPENSES> 8 177 33 57
<LOSS-PROVISION> (247) (6,866) 749 (5,254)
<INTEREST-EXPENSE> 67 (73) 9 (72)
<INCOME-PRETAX> (314) (6,793) 740 (5,182)
<INCOME-TAX> (125) (2,735) 296 (2,073)
<INCOME-CONTINUING> (189) (4,058) 444 (3,109)
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<NET-INCOME> (189) (4,058) 444 (3,109)
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