<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/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 APRIL 30, 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 0-23570
JUST FOR FEET, INC.
(Exact name of registrant as specified in its charter)
ALABAMA 63-0734234
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
153 CAHABA VALLEY PARKWAY NORTH
BIRMINGHAM, AL 35124
(Address of principal executive offices) (Zip Code)
(205) 403-8000
(Registrant's telephone number, including area code)
Not applicable
(Former name, former address and former fiscal year,
if changed since last report)
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 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
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Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
Common Stock, $.0001 par value - 17,691,368 shares as of May 29, 1996
Amended Items: Item 6. Exhibits and Reports on Form 8-K.
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PART II. OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K.
--------------------------------
(a) Exhibits.
*3(i) Amended and Restated Articles of Incorporation
*3(i).1 Articles of Amendment, dated May 28, 1996, amending the Company's
Amended and Restated Articles of Incorporation
*10.6.2 Amendment No. 3 to Just For Feet, Inc. Employee Incentive Stock Option
Plan
*10.50 Master Revolving Promissory Note dated October 24, 1995 in the
principal amount of $10,000,000 payable to Compass Bank
27 Financial Data Schedule
(b) Reports on Form 8-K. None
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* Previously Filed
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SIGNATURES
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.
JUST FOR FEET, INC.
Dated: August 8, 1996 By: /s/ Harold Ruttenberg
-------------------------------
Harold Ruttenberg
Chairman, President and Chief
Executive Officer
Dated: August 8, 1996 By: /s/ Robert C. Wabler
-------------------------------
Robert C. Wabler
Executive Vice President, Chief
Financial Officer
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EXHIBIT INDEX
*3(i) Amended and Restated Articles of Incorporation
*3(i).1 Articles of Amendment, dated May 28, 1996, amending the Company's
Amended and Restated Articles of Incorporation
*10.6.2 Amendment No. 3 to Just For Feet, Inc. Employee Incentive Stock Option
Plan
*10.50 Master Revolving Promissory Note dated October 24, 1995 in the
principal amount of $10,000,000 payable to Compass Bank
27 Article 5 Financial Data Schedule
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* Previously filed
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 3-MOS
<FISCAL-YEAR-END> JAN-31-1996 JAN-31-1995
<PERIOD-START> FEB-01-1996 FEB-01-1995
<PERIOD-END> APR-30-1996 APR-30-1995
<CASH> 39,820,200 96,854,200
<SECURITIES> 46,345,300 55,281,600
<RECEIVABLES> 4,553,500 3,409,500
<ALLOWANCES> 0 0
<INVENTORY> 67,063,100 56,637,900
<CURRENT-ASSETS> 133,464,100 193,701,900
<PP&E> 30,177,400 26,182,000
<DEPRECIATION> 3,510,400 2,794,100
<TOTAL-ASSETS> 192,775,500 243,579,900
<CURRENT-LIABILITIES> 30,984,800 85,398,400
<BONDS> 0 0
0 0
0 0
<COMMON> 1,800 1,800
<OTHER-SE> 152,698,200 149,268,000
<TOTAL-LIABILITY-AND-EQUITY> 192,775,500 243,579,900
<SALES> 49,150,200 21,136,300
<TOTAL-REVENUES> 50,392,800<F1> 21,802,400<F1>
<CGS> 28,396,800 12,877,800
<TOTAL-COSTS> 43,346,500 18,872,000
<OTHER-EXPENSES> 1,520,600 781,600
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 162,900 69,300
<INCOME-PRETAX> 5,362,800 2,079,500
<INCOME-TAX> 1,889,800 621,000
<INCOME-CONTINUING> 3,473,000 1,458,500
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 3,473,000 1,458,500
<EPS-PRIMARY> 0.19 0.09
<EPS-DILUTED> 0.19 0.09
<FN>
<F1> Total Revenues: Total revenues include interest income of $1,120,900 and
--------------
$561,100 for the three month periods ended April 30, 1996 and 1995,
respectively.
</FN>
</TABLE>