-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, srfe5tk1yYhmwmbMaOHViCGKZlOkKi0UdeMl9nc9zmiyApu1tJTd4dvPpMeJPGVZ 7e0hHCk9cxJxWltocYyWyQ== 0000700674-94-000004.txt : 19940523 0000700674-94-000004.hdr.sgml : 19940523 ACCESSION NUMBER: 0000700674-94-000004 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19940331 FILED AS OF DATE: 19940517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIR EXPRESS INTERNATIONAL CORP /DE/ CENTRAL INDEX KEY: 0000700674 STANDARD INDUSTRIAL CLASSIFICATION: 4731 IRS NUMBER: 362074327 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08306 FILM NUMBER: 94529100 BUSINESS ADDRESS: STREET 1: 120 TOKENEKE RD P.O. BOX 1231 CITY: DARIEN STATE: CT ZIP: 06820 BUSINESS PHONE: 2036557900 MAIL ADDRESS: STREET 1: 120 TOKENEKE RD STREET 2: P O BOX 1231 CITY: DARIEN STATE: CT ZIP: 06820 10-Q/A 1 1994 FIRST QUARTER 10-Q AMENDMENT ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q/A (Amendment No. 1) [X] Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March 31, 1994 Commission file number: 1-8306 ------ AIR EXPRESS INTERNATIONAL CORPORATION ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 36-2074327 - - ------------------------------------ ------------------------------------ (State or Other of Jurisdiction of (I.R.S. Employer Identification No.) Incorporation or Organization) 120 Tokeneke Road, Darien, Connecticut 06820 (203) 655-7900 - - -------------------------------------------------------------------------------- (Address of, Including Zip Code, and Telephone Number, Including Area Code, of of Registrant's Principal Executive Offices) NONE - - -------------------------------------------------------------------------------- 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 Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 3 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 [ ] Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date (applicable only to corporate registrants). The number of shares of common stock outstanding as of May 10, 1994 was 13,765,583. (Net of 2,181,537 Treasury Shares) ================================================================================ EXPLANITORY NOTE ---------------- This amendment is submitted to correct the Form 10-Q filed on 13-May-94. This amendment corrects the inadvertent submission of Exhibit-11 re Computations of Per Share Earnings. 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. Air Express International Corporation ------------------------------------- (Registrant) Date: May 17, 1994 /s/ Dennis M. Dolan ------------------------------------- Dennis M. Dolan Vice President and Chief Financial Officer (Principal Financial Officer) Date: May 17, 1994 /s/ Walter L. McMaster ------------------------------------- Walter L. McMaster Vice President - Controller (Principal Accounting Officer) AIR EXPRESS INTERNATIONAL CORPORATION March 1994 Form 10-Q/A Quarterly Report Adjustment Exhibit Index ------------- Exhibit 11 - Computation of Earnings Per Common Share EX-11 2 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS Exhibit 11
AIR EXPRESS INTERNATIONAL CORPORATION AND SUBSIDIARIES COMPUTATION OF EARNINGS PER COMMON SHARE (Unaudited) (In thousands, except per share amounts) Three Months Ended March 31, ------------------------- 1994 1993 --------- --------- Primary: Net income applicable to common shares $ 3,482 $ 3,452 ========= ========= Weighted average of common shares outstanding 11,558 11,573 Common shares issuable on exercise of stock options 115 160 --------- --------- * Average common shares outstanding standing as adjusted 11,673 11,733 ========= ========= Earnings per common share $ .30 $ .29 ========= ========= Fully diluted: Weighted average of common shares outstanding 11,558 11,573 Common shares issuable on exercise of stock options 137 160 Common shares issuable upon assumed conversion of subordinated debentures 2,194 1,462 --------- --------- * Average common shares out- standing as adjusted 13,889 13,196 ========= ========= Earnings per common share $ .30 $ .29 ========= ========= * Primary earnings per share are computed by dividing net income by the weighted average common and common equivalent shares outstanding during the period. For the quarters ended March 31, 1994 and 1993, fully diluted earnings per share have been calculated assuming the conversion of the subordinated debentures and the elimination of the associated interest expense, net of tax, of approximately $.73 million and $.49 million, respectively.
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