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Exhibit Index
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 (FEE REQUIRED)
For the fiscal year ended June 30, 1997
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
For the transition period from to
.
Commission File Number 1-13684
DIMON Incorporated
(Exact name of registrant as specified in its charter)
VIRGINIA 54-1746567
(State or other jurisdiction of incorporation) (IRS Employer
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
Securities registered pursuant to Section 12(b) of the Act:
Common Stock (no par value)
Common Stock Purchase Rights
Securities registered pursuant to Section 12(g) of the Act:
None
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 by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained herein, and
will not be contained, to the best of registrant's knowledge, in
definitive proxy or information statements incorporated by reference
in Part III of this Form 10-K or any amendment to this Form 10-K. [X]
The aggregate market value of Common Stock held by non-affiliates
of the registrant (based upon the closing sale price quoted by The New
York Stock Exchange) on September 2, 1997, was approximately
$991,209,000. In determining this figure, the registrant has assumed
that all of its directors and officers, and all persons known to it to
beneficially own ten percent or more of its Common Stock, are
affiliates. This assumption shall not be deemed conclusive for any
other purpose.
As of September 2, 1997, there were 44,330,849 shares of Common
Stock outstanding.
Portions of the registrant's definitive Proxy Statement for its
1997 Annual Meeting of Stockholders to be held November 14, 1997, to
be filed with the Securities and Exchange Commission pursuant to
Regulation 14A under the Securities Exchange Act of 1934 (the "Proxy
Statement"), are incorporated by reference into Part III of this Form
10-K.
<PAGE>
<TABLE>
<CAPTION>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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 on September 22, 1998.
DIMON INCORPORATED (Registrant) /s/ Claude B. Owen, Jr.
By ____________________________________
Claude B. Owen, Jr.
Chairman of the Board and
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1934, this report has been signed below by
the following persons on behalf of the registrant and in the capacities indicated on
September 22, 1998.
<S> <C>
/s/ Claude B. Owen, Jr. /s/ Norman A. Scher
__________________________________ __________________________________
Claude B. Owen, Jr. Norman A. Scher
Chairman of the Board and Director of DIMON Incorporated
Chief Executive Officer of DIMON
Incorporated
/s/ Henry F. Frigon
/s/ Joseph L. Lanier, Jr. ____________________________________
__________________________________ Henry F. Frigon
Joseph L. Lanier, Jr. Director of DIMON Incorporated
Director of DIMON Incorporated
/s/ John M. Hines
/s/ Louis N. Dibrell, III ____________________________________
__________________________________ John M. Hines
Louis N. Dibrell, III Director of DIMON Incorporated
Director of DIMON Incorporated
/s/ R. Stuart Dickson
/s/ Albert C. Monk III ____________________________________
__________________________________ R. Stuart Dickson
Albert C. Monk III Director of DIMON Incorporated
Director and President of DIMON
Incorporated
/s/ William R. Slee
/s/ Robert T. Monk, Jr. ___________________________________
__________________________________ William R. Slee
Robert T. Monk, Jr. Director of DIMON Incorporated
Director of DIMON Incorporated
/s/ Thomas F. Keller ___________________________________
__________________________________ Anthony C. B. Taberer
Thomas F. Keller Director of DIMON Incorporated
Director of DIMON Incorporated
/s/ Jerry L. Parker
_________________________________
/s/ James E. Johnson, Jr. Jerry L. Parker
__________________________________ Senior Vice President-Controller
James E. Johnson, Jr. (Principal Accounting Officer) of
Director of DIMON Incorporated DIMON Incorporated
</TABLE>
-2-
<PAGE>
</TEXT
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1000
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> JUN-30-1997
<CASH> 107,131
<SECURITIES> 0
<RECEIVABLES> 396,156
<ALLOWANCES> 5,902
<INVENTORY> 608,861
<CURRENT-ASSETS> 1,371,479
<PP&E> 459,674
<DEPRECIATION> (126,922)
<TOTAL-ASSETS> 1,987,603
<CURRENT-LIABILITIES> 671,486
<BONDS> 826,154
<COMMON> 178,939
0
0
<OTHER-SE> 229,324
<TOTAL-LIABILITY-AND-EQUITY> 1,987,603
<SALES> 2,125,739
<TOTAL-REVENUES> 2,125,739
<CGS> 1,851,547
<TOTAL-COSTS> 1,851,547
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 89
<INTEREST-EXPENSE> 50,518
<INCOME-PRETAX> 116,105
<INCOME-TAX> 44,063
<INCOME-CONTINUING> 72,568
<DISCONTINUED> 4,605
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 77,173
<EPS-PRIMARY> 1.80
<EPS-DILUTED> 1.77
</TABLE>
