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Page 29 - Exhibit Index
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
FORM 10-Q
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1997
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 0-25734; 1-13684
DIMON INCORPORATED
(Exact name of registrant as specified in its charter)
VIRGINIA 54-1746567
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
512 Bridge Street, Danville, Virginia 24541
(Address of principal executive offices) Zip Code)
Registrant's telephone number, including area code (804) 792-7511
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.
Outstanding at
Class of Common Stock May 7, 1997
NO par value 44,211,969
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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.
DIMON INCORPORATED
/s/ Jerry L. Parker
Date June 26, 1998 Jerry L. Parker
Vice President - Controller
(Principal Accounting Officer)
- -2-
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<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> MAR-31-1997
<CASH> 35,575
<SECURITIES> 0
<RECEIVABLES> 213,461
<ALLOWANCES> (5,277)
<INVENTORY> 336,498
<CURRENT-ASSETS> 707,150
<PP&E> 339,890
<DEPRECIATION> (112,296)
<TOTAL-ASSETS> 1,059,561
<CURRENT-LIABILITIES> 253,671
<BONDS> 391,436
<COMMON> 138,762
0
0
<OTHER-SE> 209,343
<TOTAL-LIABILITY-AND-EQUITY> 1,059,561
<SALES> 1,850,221
<TOTAL-REVENUES> 1,850,221
<CGS> 1,645,054
<TOTAL-COSTS> 1,645,054
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 808
<INTEREST-EXPENSE> 30,614
<INCOME-PRETAX> 83,346
<INCOME-TAX> 32,780
<INCOME-CONTINUING> 51,143
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 51,143
<EPS-PRIMARY> 1.21
<EPS-DILUTED> 1.20
</TABLE>