SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 11-K
Annual Report Pursuant to Section 15(d) of
the Securities Exchange Act of 1934
For the fiscal year ended December 31, 1997
Commission File No. 0-24612
ADTRAN, INC. 401(k) EMPLOYEE SAVINGS PLAN
ADTRAN, Inc.
(Exact name of Registrant as specified in its charter)
Delaware (63-0918200)
(State of incorporation) (I.R.S. Employer
Identification Number)
901 Explorer Boulevard, Huntsville, Alabama 35806-2807
(Address of principal executive offices, including zip code)
(256) 963-8000
(Registrant's telephone number, including area code)
Required Information: The Plan is subject to the Employee Retirement Income
Security Act of 1974 ("ERISA"). Therefore, in lieu of the requirements of Items
1-3 of Form 11-K, the financial statements and schedules of the Plan for the two
fiscal years ended December 31, 1997 and 1996, which have been prepared in
accordance with the financial reporting requirements of ERISA, and the consent
of Coopers and Lybrand, are filed as a part of this annual report:
Signatures: Pursuant to the requirements of the Securities Exchange Act of 1934,
the trustees (or other persons who administer the Plan) have duly caused this
annual report to be signed on its behalf by the undersigned hereunto duly
authorized.
ADTRAN, Inc. 401(k) EMPLOYEE SAVINGS PLAN
/s/ John R. Cooper June 29, 1998
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John R. Cooper Date
Vice President - Administration and Finance
and Chief Financial Officer
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CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
We consent to the incorporation by reference in the registration statements of
ADTRAN, Inc. on Form S-8 (File No. 333-4206) of our report, dated June 18,1998,
on our audit of the financial statements and financial statement schedules of
ADTRAN, Inc. 401(k) Employee Savings Plan as of December 31, 1997 and 1996, and
for the year ended December 31, 1997, which report is included in this Annual
Report on Form 11-K.
/s/ Coopers & Lybrand
Coopers & Lybrand
Birmingham, Alabama
June 29, 1998
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ADTRAN, Inc. 401(k) Employee Savings Plan
Table of Contents
Pages
Report of Independent Accountants 5
Financial Statements:
Statements of Net Assets Available for Plan Benefits
December 31, 1997 and 1996 6
Statement of Changes in Net Assets Available for Plan Benefits
for the years ended December 31, 1997 7
Notes to Financial Statements 8 - 13
Supplemental Schedules:
*Item 27a - Schedule of Assets Held for Investment
Purposes as of December 31, 1997 15
*Item 27d - Schedules of Reportable Transactions for the
year ended December 31, 1997
