AMENDMENT NO. 1
FORM 10-Q
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended April 1, 1995
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 No. 0-8544
SPEIZMAN INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Delaware 56-0901212
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
508 West Fifth St. 28202
Charlotte, North Carolina (Zip Code)
(Address of principal executive offices)
(704) 372-3751
(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, and (2) has been subject to
such filing requirements for the past 90 days.
YES X NO ____
Indicate the number of shares outstanding of each of the issuer's
classes of common stock as of the latest practicable date.
Class of Common Stock Outstanding at
April 28, 1995
------------------------ ----------------
Par value $.10 per share 3,208,599
Page 1 of 2
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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 thereunto duly authorized.
SPEIZMAN INDUSTRIES, INC.
(Registrant)
Date: May 30, 1995 /s/ Robert S. Speizman
Robert S. Speizman
President
Date: May 30, 1995 /s/ Josef Sklut
Josef Sklut
Vice President-Finance
(Chief Financial Officer)
Page 2
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<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> JUL-01-1995
<PERIOD-START> JUL-03-1994
<PERIOD-END> APR-01-1995
<CASH> 4,142,590
<SECURITIES> 0
<RECEIVABLES> 13,883,495
<ALLOWANCES> 94,920
<INVENTORY> 10,054,899
<CURRENT-ASSETS> 30,075,601
<PP&E> 2,089,537
<DEPRECIATION> 1,417,216
<TOTAL-ASSETS> 31,251,116
<CURRENT-LIABILITIES> 12,586,497
<BONDS> 0
<COMMON> 323,620
0
0
<OTHER-SE> 18,207,767
<TOTAL-LIABILITY-AND-EQUITY> 31,251,116
<SALES> 45,803,828
<TOTAL-REVENUES> 45,803,828
<CGS> 40,240,039
<TOTAL-COSTS> 44,178,378
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (2,921)
<INCOME-PRETAX> 1,628,371
<INCOME-TAX> 591,000
<INCOME-CONTINUING> 1,037,371
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,037,371
<EPS-PRIMARY> 0.32
<EPS-DILUTED> 0.32
</TABLE>