Securities and Exchange Commission
Washington, D.C. 20549
Form 10-KSB/A
{x} Annual Report Pursuant to Section 13 or 15 (d) of the Securities Exchange
Act of 1934 for the Fiscal Year Ended June 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 1-12842
ScanSource, Inc.
(Exact name of small business issuer as specified in its charter)
South Carolina 57-0965380
(State or other jurisdiction (I.R.S. Employer Identification No.)
of incorporated or organization)
6 Logue Court, Suite G
Greenville, SC 29615
- ------------------------------------- -------------------------
(Address of principal executive (Zip Code)
offices)
(864) 288-2432
(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 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
Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained to
the best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this amendment to Form
10-KSB. x
The Registrant's revenues for the year ended June 30, 1996, its most recent
fiscal year, were $55,670,000.
The aggregate market value of the voting stock of the Registrant held by
non-affiliates of the Registrant at September 18, 1996 was $36,850,101, as
computed by reference to the average bid and asked prices of such stock on such
date.
As of September 30, 1996, 3,246,986 shares of the registrant's common stock, no
par value, were outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Registrant's Annual Report to Shareholders for the fiscal year
ended June 30, 1996 (Parts I and II) and portions of the Registrant's Proxy
Statement to be furnished in connection with its 1996 Annual Meeting of
Shareholders (Part III).
The Registrant hereby amends its annual report on Form 10-KSB in order to
electronically file its financial data schedule for such report.
This report contain 4 pages. The exhibit index begins on sequentially
numbered page 2.
<PAGE>
SCANSOURCE, INC.
EXHIBIT INDEX
TO
FORM 10-KSB/A
EXHIBIT PAGE
NUMBER DESCRIPTION NUMBER
27 Financial Data Schedule 4
2
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
SCANSOURCE, INC.
Date: November 14, 1996 By: /s/ Steven H. Owings
Chief Executive Officer
By: /s/ Jeffery A. Bryson
Chief Financial Officer
3
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-END> JUN-30-1996
<CASH> 0
<SECURITIES> 0
<RECEIVABLES> 7,462,791
<ALLOWANCES> 526,819
<INVENTORY> 17,538,471
<CURRENT-ASSETS> 26,585,604
<PP&E> 1,546,419
<DEPRECIATION> 362,633
<TOTAL-ASSETS> 28,742,493
<CURRENT-LIABILITIES> 9,523,976
<BONDS> 0
0
0
<COMMON> 11,935,424
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 28,742,493
<SALES> 55,669,733
<TOTAL-REVENUES> 55,669,733
<CGS> 47,856,416
<TOTAL-COSTS> 5,037,184
<OTHER-EXPENSES> (187,210)
<LOSS-PROVISION> 390,131
<INTEREST-EXPENSE> 87,333
<INCOME-PRETAX> 3,050,676
<INCOME-TAX> 1,193,000
<INCOME-CONTINUING> 1,857,676
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,857,676
<EPS-PRIMARY> .53
<EPS-DILUTED> .53
</TABLE>
