8-K

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                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                              --------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                                 APRIL 16, 1998
                        (Date of Earliest Event Reported)


                           NATIONAL DENTEX CORPORATION
               (Exact name of registrant as specified in charter)


         MASSACHUSETTS                   0-23092               04-2762050
(State or other jurisdiction   (Commission File Number)      (IRS Employer
       of incorporation)                                  Identification Number)


               526 BOSTON POST ROAD, WAYLAND, MASSACHUSETTS 01778
          (Address of principal executive offices, including Zip Code)


                                 (508) 358-4422
              (Registrant's telephone number, including area code)

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ITEM 5 - OTHER EVENTS

         The registrant is filing restated Financial Data Schedules as
Exhibit 27 to this Form 8-K pursuant to Financial Accounting Standards Board
("FASB") Statement No. 128, Earnings per Share (February 3, 1998).

         The registrant has restated its earnings per share for the past three
fiscal years in accordance with the accounting principle change under FASB
Statement No. 128. Accordingly, the Registrant hereby submits as Exhibit 27
restated annual Financial Data Schedules for the years ended December 31, 1995,
1996 and 1997.


ITEM 7 - FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

(a)      Financial Statements of Business Acquired:    Not Applicable

(b)      Pro Forma Financial Information:              Not Applicable

(c)      Exhibits:

         27.  Financial Data Schedules for the years ended December 31, 1995,
              1996 and 1997.




                                      -2-

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                                   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 hereunto duly authorized.


                                             NATIONAL DENTEX CORPORATION


Date: April 16, 1998                         By: /S/Richard F. Becker, Jr.
                                                 _________________________
                                                 Richard F. Becker, Jr.
                                                 Vice President, Finance




                                      -3-

EX-27

 

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AT DECEMBER 31, 1995, 1996 AND 1997, AND THE
CONSOLIDATED STATEMENTS OF OPERATIONS AND CASH FLOWS FOR THE TWELVE MONTHS
ENDED DECEMBER 31, 1995, 1996 AND 1997, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.


       
                                                                       
<PERIOD-TYPE>                   YEAR                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1996             DEC-31-1997
<PERIOD-END>                               DEC-31-1995             DEC-31-1996             DEC-31-1997
<CASH>                                       4,193,394               4,959,038               4,912,097
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                6,201,052               6,347,929               6,917,059
<ALLOWANCES>                                   180,000                 204,000                 146,000
<INVENTORY>                                  2,519,143               2,929,898               3,091,800
<CURRENT-ASSETS>                            14,025,676              15,308,174              15,779,716
<PP&E>                                      13,012,156              13,823,638              15,400,107
<DEPRECIATION>                               6,891,909               7,352,321               7,981,989
<TOTAL-ASSETS>                              28,201,784              30,234,121              35,729,853
<CURRENT-LIABILITIES>                        6,468,518               5,449,524               6,169,028
<BONDS>                                              0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                        32,715                  34,407                  34,608
<OTHER-SE>                                  19,922,866              24,002,071              28,634,023
<TOTAL-LIABILITY-AND-EQUITY>                28,201,784              30,234,121              35,729,853
<SALES>                                     44,283,064              51,971,105              59,196,110
<TOTAL-REVENUES>                            44,283,064              51,971,105              59,196,110
<CGS>                                       24,853,120              29,627,013              33,755,470
<TOTAL-COSTS>                               14,439,562              16,462,045              18,370,360
<OTHER-EXPENSES>                             (186,128)               (141,000)                (69,265)
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                           (234,049)               (131,316)                (81,114)
<INCOME-PRETAX>                              5,410,559               6,154,363               7,220,659
<INCOME-TAX>                                 2,166,751               2,449,437               2,873,823
<INCOME-CONTINUING>                                  0                       0                       0
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                 3,243,808               3,704,926               4,346,836
<EPS-PRIMARY>                                     1.02                    1.09                    1.26
<EPS-DILUTED>                                      .95                    1.06                    1.24