-----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, ScxQQQWjVkGPR2vR9WGZkX3VXVvNtWDaTATE+NVZsIffPNCW/1AcraiHvHdTyNHd 1MUxCKbn1eAeGpwBiU0IBw== 0000801448-97-000009.txt : 19970827 0000801448-97-000009.hdr.sgml : 19970827 ACCESSION NUMBER: 0000801448-97-000009 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970630 FILED AS OF DATE: 19970826 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ELCOTEL INC CENTRAL INDEX KEY: 0000801448 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 592518405 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-15205 FILM NUMBER: 97669923 BUSINESS ADDRESS: STREET 1: 6428 PARKLAND DR CITY: SARASOTA STATE: FL ZIP: 34243 BUSINESS PHONE: 8137580389 MAIL ADDRESS: STREET 1: 6428 PARKLAND DR CITY: SARASOTA STATE: FL ZIP: 34243 10-Q/A 1 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q/A AMENDMENT NO. 1 QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1997. Commission File No. 0-15205 ELCOTEL, INC. (Exact name of registrant as specified in its charter) Delaware 59-2518405 - ------------------------------- ------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 6428 Parkland Drive, Sarasota, Florida 34243 -------------------------------------------- (Address of principal executive offices) (Zip Code) (941) 758-0389 ------------------------ (Registrant's telephone number, including area code) 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 past 12 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 ----- ----- The number of shares of the issuer's Common Stock outstanding as of August 12, 1997 was 8,182,216. AMENDMENT NO. 1 TO QUARTERLY REPORT ON FORM 10-Q FOR QUARTER ENDED JUNE 30, 1997 The undersigned registrant hereby amends Item 1. Financial Statements of its Quarterly Report on Form 10-Q for the quarter ended June 30, 1997 for the the sole purpose of filing a revision to the CONDENSED CONSOLIDATED BALANCE SHEETS as of June 30, 1997. PART I - FINANCIAL INFORMATION Item 1. Financial Statements. --------------------- ELCOTEL, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands)
June 30, March 31, 1997 1997 ----------- ----------- (Unaudited) (See Note) ASSETS CURRENT ASSETS Cash and temporary investments $1 $1,009 Accounts receivable, net 4,824 4,678 Notes receivable, net 2,473 1,318 Inventories 3,561 2,733 Refundable income taxes 95 95 Deferred tax asset 692 692 Prepaid expenses and other current as 499 457 ------- ------- TOTAL CURRENT ASSETS 12,145 10,982 Property, plant and equipment, net 3,287 3,184 Notes receivable, noncurrent 692 711 Deferred tax asset 799 799 Other assets 281 268 ------- ------- $17,204 $15,944 ======= ======= LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses $3,295 $2,886 Line of credit 525 - Current portion of long-term debt 199 199 ------- ------- TOTAL CURRENT LIABILITIES 4,019 3,085 ------- ------- LONG TERM DEBT, less current portion 183 232 ------- ------- SHAREHOLDERS' EQUITY: Common Stock 82 82 Additional paid-in capital 11,160 11,160 Retained earnings 1,937 1,562 Less treasury stock (177) (177) ------- ------- 13,002 12,627 ------- ------- $17,204 $15,944 ======= ======= Note: The balance sheet at March 31, 1997, has been derived from the audited financial statements. See Notes to Condensed Consolidated Financial Statements
1 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. Elcotel, Inc. ---------------- (Registrant) Date: August 26, 1997 By: /s/ Ronald M. Tobin Ronald M. Tobin Vice President (Principal Financial Officer and Chief Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----