-----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, GuQphwCgcKInOiQmt+ODWeo3i3IRz4Qybqswp6ok4cp4FzCd66JUJWeGqO/duRgQ bMluPyLiZ/0Oz2rRsTNhhA== 0000893220-00-000590.txt : 20000502 0000893220-00-000590.hdr.sgml : 20000502 ACCESSION NUMBER: 0000893220-00-000590 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000401 FILED AS OF DATE: 20000501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: K TRON INTERNATIONAL INC CENTRAL INDEX KEY: 0000000020 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 221759452 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 000-09576 FILM NUMBER: 615862 BUSINESS ADDRESS: STREET 1: ROUTE 55 & 553 STREET 2: BOX 888 CITY: PITMAN STATE: NJ ZIP: 08071-0888 BUSINESS PHONE: 8562563318 MAIL ADDRESS: STREET 1: ROUTE 55 & 553 STREET 2: P O BOX 888 CITY: PITMAN STATE: NJ ZIP: 08071-0888 10-Q/A 1 K-TRON INTERNATIONAL FORM 10-Q/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 1, 2000 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-9576 K-TRON INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) New Jersey 22-1759452 (State or Other Jurisdiction of (I.R.S. Employer Identification #) Incorporation or Organization) ROUTES 55 & 553, P.O. BOX 888, PITMAN, NEW JERSEY 08071-0888 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code (856) 589-0500 NOT APPLICABLE (Former Name, Former Address and Formal 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 preceding 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 Registrant had 2,421,405 shares of Common Stock outstanding as of April 1, 2000. 2 K-TRON INTERNATIONAL, INC. & SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in Thousands) (Unaudited)
Three Months Ended ------------------ April 1, April 3, 2000 1999 ---- ---- OPERATING ACTIVITIES: Net income $ 1,373 $ 1,360 Adjustment to reconcile net income to net cash provided by operating activities: Depreciation and amortization 784 803 Amortization of deferred gain on sale/leaseback transaction (85) (96) Changes in assets and liabilities: Accounts receivable, net 4,400 1,935 Inventories (907) (1,421) Prepaid expenses and other current assets 194 (624) Other assets (103) (7) Accounts payable (753) 241 Accrued expenses and other current liabilities (1,724) (858) Accrued warranty (39) (19) Income taxes payable 446 194 ------- ------- Net cash provided by operating activities 3,586 1,508 ------- ------- INVESTING ACTIVITIES: Capital expenditures (856) (902) Investment in patents (23) (40) ------- ------- Net cash used in investing activities (879) (942) ------- ------- FINANCING ACTIVITIES: Net repayments under notes payable to banks (2,493) (244) Proceeds from issuance of long-term debt 7,950 1,500 Principal payments on long-term debt (629) (421) Purchase of treasury stock (9,244) (1,812) Proceeds from issuance of common stock 25 194 ------- ------- Net cash used in financing activities (4,391) (783) ------- ------- EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (45) (140) ------- ------- NET DECREASE IN CASH AND CASH EQUIVALENTS (1,729) (357) ------- ------- CASH AND CASH EQUIVALENTS Beginning of period 3,093 3,220 ------- ------- End of period $ 1,364 $ 2,863 ======= =======
See Notes to Consolidated Financial Statements -3- -----END PRIVACY-ENHANCED MESSAGE-----