<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q/A
Quarterly Report Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
For Quarterly Period Ended: January 31, 1997
Commission File Number: 0-26508
PURETEC CORPORATION
(Exact name of Registrant as specified in its charter)
DELAWARE 22-3376449
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
65 Railroad Avenue, Ridgefield, New Jersey 07657
(Address of principal executive offices)
Registrant's telephone number, including area code: (201)941-6550
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
As of May 2, 1997, there were 29,339,172 shares of common stock
outstanding.
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Item 2. CHANGES IN SECURITIES: None
Item 3. DEFAULT UPON SENIOR SECURITIES: None
Item 4. SUBMISSION OF MATTERS TO A VOTE OF
SECURITY HOLDERS: None
Item 5. OTHER INFORMATION: None
Item 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits
(27) Financial Data Schedule for the six months ending January 31,
1997
(b) None
17
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, Registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
PURETEC CORPORATION
By: /s/ Thomas V. Gilboy
--------------------------------------------
Thomas V. Gilboy
Chief Financial Officer and Vice President
Dated: May 2, 1997
18
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<ARTICLE> 5
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1996
<PERIOD-END> JAN-31-1997
<CASH> 1,408
<SECURITIES> 0
<RECEIVABLES> 46,069
<ALLOWANCES> 838
<INVENTORY> 77,777
<CURRENT-ASSETS> 3,290
<PP&E> 83,377
<DEPRECIATION> 0
<TOTAL-ASSETS> 314,470
<CURRENT-LIABILITIES> 108,394
<BONDS> 132,380
0
0
<COMMON> 293
<OTHER-SE> 62,757
<TOTAL-LIABILITY-AND-EQUITY> 314,470
<SALES> 132,391
<TOTAL-REVENUES> 0
<CGS> 106,126
<TOTAL-COSTS> 126,013
<OTHER-EXPENSES> 171
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 10,681
<INCOME-PRETAX> (4,474)
<INCOME-TAX> 951
<INCOME-CONTINUING> (5,425)
<DISCONTINUED> (545)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (5,970)
<EPS-PRIMARY> (0.20)
<EPS-DILUTED> (0.20)
</TABLE>
