-----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, K2rGu1HDyhD13hHlVexUu+QwEZBPsHtsefWgIxzrNEC+8BPNtTH6OU2RU3qARQ0T DO6SoQesQUoMm+Zke6bgDQ== 0000719727-97-000004.txt : 19970520 0000719727-97-000004.hdr.sgml : 19970520 ACCESSION NUMBER: 0000719727-97-000004 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970331 FILED AS OF DATE: 19970515 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CIRCON CORP CENTRAL INDEX KEY: 0000719727 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 953079904 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-12025 FILM NUMBER: 97608172 BUSINESS ADDRESS: STREET 1: 6500 HOLLISTER AVE CITY: SANTA BARBARA STATE: CA ZIP: 93111 BUSINESS PHONE: 8059670404 10-Q/A 1 FORM 10-Q/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR QUARTER ENDED March 31, 1997 COMMISSION FILE NO. 0-12025 CIRCON CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 95-3079904 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 6500 Hollister Avenue, Santa Barbara, California 93117-3019 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (805) 685-5100 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 twelve 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 Number of Common Shares Outstanding at March 31, 1997: 13,243,448 CIRCON CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS DECEMBER 31, 1996 AND MARCH 31,1997 LIABILITIES AND SHAREHOLDERS' EQUITY (In thousands, except for share amounts) (UNAUDITED) December 31, March 31, 1996 1997 ---------- ---------- CURRENT LIABILITIES: Current maturities of long-term obligations $ 429 $ 370 Accounts payable 6,344 6,504 Accrued liabilities 12,000 10,978 Customer deposits 879 765 ---------- --------- Total current liabilities 19,652 18,617 ---------- --------- NONCURRENT LIABILITIES: Long-term obligations 50,565 52,565 ---------- --------- SHAREHOLDERS' EQUITY: Preferred stock: $0.01 par value 1,000,000 shares authorized, none outstanding Common stock: $0.01 par value 50,000,000 shares authorized 13,239,746 and 13,243,448 issued and outstanding in 1996 and 1997, respectively 132 132 Additional paid-in capital 104,426 104,457 Cumulative translation adjustment (502) (974) Accumulated deficit (5,155) (4,364) ---------- ---------- Total shareholders' equity 98,901 99,251 ========== ========== Total liabilities and shareholders' equity $ 169,118 $ 170,433 ========== ========= The accompanying notes are an integral part of these consolidated balance sheets. 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. CIRCON CORPORATION Registrant May 14, 1997 - ------------- ------------------ Date RICHARD A. AUHLL President Chief Executive Officer May 14, 1997 - ------------ ------------------ Date R. BRUCE THOMPSON Executive Vice President Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----