-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JZWEO86Xd38qFgbgncJVBe8pvf04AlYiYVddfyufyH9Vp4ttGz6gzgS9ecUG4tv9 fSjgqbMM1ismsGLlEdH2xA== 0000910647-96-000078.txt : 19960607 0000910647-96-000078.hdr.sgml : 19960607 ACCESSION NUMBER: 0000910647-96-000078 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19950331 FILED AS OF DATE: 19960606 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: NBTY INC CENTRAL INDEX KEY: 0000070793 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 112228617 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-10666 FILM NUMBER: 96577598 BUSINESS ADDRESS: STREET 1: 90 ORVILLE DR CITY: BOHEMIA STATE: NY ZIP: 11716 BUSINESS PHONE: 5165679500 MAIL ADDRESS: STREET 1: 90 ORVILLE DRIVE CITY: BOHEMIA STATE: NY ZIP: 11716 FORMER COMPANY: FORMER CONFORMED NAME: NATURES BOUNTY INC DATE OF NAME CHANGE: 19920703 10-Q/A 1 BODY OF FORM 10-Q/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the period ended March 31, 1996 Commission File Number: 0-10666 ------- NBTY, Inc. ----------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 11-2228617 -------------------------------- ------------------------------ (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 90 Orville Drive, Bohemia, NY 11716 -------------------------------- ------------------------------ (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (516) 567-9500 -------------- 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 and Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registration was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES [X] NO [ ] ----- ----- Shares of Common Stock as of March 31, 1996: 18,595,119 ---------- NBTY, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS
For the six months ended March 31, 1996 1995 ----------------------------- Net income $ 4,325,173 $ 3,490,361 Adjustments to reconcile net income to cash provided by operating activities: Depreciation and amortization 2,641,608 2,368,664 Provision (recovery) for allowance for doubtful accounts 82,943 (69,460) Increase in deferred taxes 100,000 Changes in assets and liabilities, net of acquistions: Increase in accounts receivable (347,025) (704,813) (Increase) decrease in inventories (1,231,858) 5,014,332 Decrease in income tax receivable 574,950 Increase in prepaid catalog costs and other current assets (2,530,162) (1,246,096) Decrease in other assets 1,858,906 424,915 Increase (decrease) in accounts payable (105,686) 858,717 Increase in accrued expenses 70,770 281,498 ----------------------------- Net cash provided by operating activities 4,764,669 11,093,068 ----------------------------- Cash flow from investing activities: (Increase) decrease in intangible assets 1,202,691 (970,561) Purchase of property, plant and equipment (10,979,874) (6,754,006) ----------------------------- Net cash used in investing activities (9,777,183) (7,724,567) ----------------------------- Cash flows from financing activities: Net payments under line of credit agreement (5,000,000) Borrowings under long term debt agreement 2,268,770 2,400,000 Principal payments under long-term debt agreements (227,395) (669,609) Purchase of treasury stock (172,118) (848,287) Proceeds from stock options exercised 24,000 ----------------------------- Net cash provided by (used in) financing activities 1,869,257 (4,093,896) ----------------------------- Net decrease in cash and cash equivalents (3,143,257) (725,395) Cash and cash equivalents at beginning of year 10,378,476 5,900,594 ----------------------------- Cash and cash equivalents at end of quarter $ 7,235,219 $ 5,175,199 ============================= Supplemental Disclosure of Cash Flow Information: Cash paid during the period for interest $ 633,642 $ 528,790 Cash paid during the period for taxes $ 68,131 $ 467,000 =============================
NBTY, INC. and SUBSIDIARIES SIGNATURE --------- 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 there unto duly authorized. NBTY, INC. ---------- Date June 6, 1996 /s/ Harvey Kamil ---------------------------------------- Harvey Kamil, Executive Vice President, Secretary (Principal Financial and Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----