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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
APRIL 16, 1998
(Date of Earliest Event Reported)
NATIONAL DENTEX CORPORATION
(Exact name of registrant as specified in charter)
MASSACHUSETTS 0-23092 04-2762050
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
526 BOSTON POST ROAD, WAYLAND, MASSACHUSETTS 01778
(Address of principal executive offices, including Zip Code)
(508) 358-4422
(Registrant's telephone number, including area code)
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ITEM 5 - OTHER EVENTS
The registrant is filing restated Financial Data Schedules as
Exhibit 27 to this Form 8-K pursuant to Financial Accounting Standards Board
("FASB") Statement No. 128, Earnings per Share (February 3, 1998).
The registrant has restated its earnings per share for the past three
fiscal years in accordance with the accounting principle change under FASB
Statement No. 128. Accordingly, the Registrant hereby submits as Exhibit 27
restated annual Financial Data Schedules for the years ended December 31, 1995,
1996 and 1997.
ITEM 7 - FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial Statements of Business Acquired: Not Applicable
(b) Pro Forma Financial Information: Not Applicable
(c) Exhibits:
27. Financial Data Schedules for the years ended December 31, 1995,
1996 and 1997.
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SIGNATURES
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 hereunto duly authorized.
NATIONAL DENTEX CORPORATION
Date: April 16, 1998 By: /S/Richard F. Becker, Jr.
_________________________
Richard F. Becker, Jr.
Vice President, Finance
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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AT DECEMBER 31, 1995, 1996 AND 1997, AND THE
CONSOLIDATED STATEMENTS OF OPERATIONS AND CASH FLOWS FOR THE TWELVE MONTHS
ENDED DECEMBER 31, 1995, 1996 AND 1997, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<S> <C> <C> <C>
<PERIOD-TYPE> YEAR YEAR YEAR
<FISCAL-YEAR-END> DEC-31-1995 DEC-31-1996 DEC-31-1997
<PERIOD-END> DEC-31-1995 DEC-31-1996 DEC-31-1997
<CASH> 4,193,394 4,959,038 4,912,097
<SECURITIES> 0 0 0
<RECEIVABLES> 6,201,052 6,347,929 6,917,059
<ALLOWANCES> 180,000 204,000 146,000
<INVENTORY> 2,519,143 2,929,898 3,091,800
<CURRENT-ASSETS> 14,025,676 15,308,174 15,779,716
<PP&E> 13,012,156 13,823,638 15,400,107
<DEPRECIATION> 6,891,909 7,352,321 7,981,989
<TOTAL-ASSETS> 28,201,784 30,234,121 35,729,853
<CURRENT-LIABILITIES> 6,468,518 5,449,524 6,169,028
<BONDS> 0 0 0
0 0 0
0 0 0
<COMMON> 32,715 34,407 34,608
<OTHER-SE> 19,922,866 24,002,071 28,634,023
<TOTAL-LIABILITY-AND-EQUITY> 28,201,784 30,234,121 35,729,853
<SALES> 44,283,064 51,971,105 59,196,110
<TOTAL-REVENUES> 44,283,064 51,971,105 59,196,110
<CGS> 24,853,120 29,627,013 33,755,470
<TOTAL-COSTS> 14,439,562 16,462,045 18,370,360
<OTHER-EXPENSES> (186,128) (141,000) (69,265)
<LOSS-PROVISION> 0 0 0
<INTEREST-EXPENSE> (234,049) (131,316) (81,114)
<INCOME-PRETAX> 5,410,559 6,154,363 7,220,659
<INCOME-TAX> 2,166,751 2,449,437 2,873,823
<INCOME-CONTINUING> 0 0 0
<DISCONTINUED> 0 0 0
<EXTRAORDINARY> 0 0 0
<CHANGES> 0 0 0
<NET-INCOME> 3,243,808 3,704,926 4,346,836
<EPS-PRIMARY> 1.02 1.09 1.26
<EPS-DILUTED> .95 1.06 1.24
</TABLE>
