UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
(Mark One)
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Fiscal Year Ended December 31, 1997
[ ] 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 0-8771
EVANS & SUTHERLAND
COMPUTER CORPORATION
(Exact name of registrant as specified in its charter)
Utah 87-0278175
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
600 Komas Drive, Salt Lake City, Utah 84108
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (801) 588-1000
Securities Registered Pursuant to Section 12(b) of the Act:
"None"
Securities Registered Pursuant to Section 12(g) of the Act:
Title of Class
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Common Stock, $.20 par value
6% Convertible Debentures Due 2012
Preferred Stock Purchase Rights
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 [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K (ss. 229.405 of this chapter) is not contained herein, and
will not be contained, to the best of Registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. [X]
The aggregate market value of the voting stock held by non-affiliates of
the Registrant as of February 27, 1998 was approximately $186,775,000.
The Registrant had issued and outstanding 8,925,444 shares of its common
stock on February 27, 1998.
This Form 10-K/A for Evans & Sutherland Computer Corporation (the Company") is
being filed pursuant to Regulation S-K Item 601 (c) (2) (iii) to amend the
Financial Data Schedules for the two fiscal years and the interim periods for
the fiscal year ended December 31, 1997 due to the Company's adoption of
Statement of Financial Accounting Standards No. 128 "Earnings Per Share." The
Company adopted this new standard in the fourth quarter of 1997 and has restated
EPS for all prior periods. Accordingly, Exhibit 27 to the Form 10-K of the
Company is being replaced by Exhibits 27.1, 27.2 and 27.3 included in this Form
10-K/A.
EXHIBIT INDEX
27.1 Restated Financial Data Schedule as of and for the
year ended December 29, 1995.
27.2 Restated Financial Data Schedule as of and for the
year ended December 27, 1996.
27.3 Restated Financial Data Schedule as of and for the
periods ended March 28, 1997; June 27, 1997,
September 26, 1997 and December 31, 1997.
SIGNATURE
Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange
Act of 1934, as amended, the Registrant has duly caused this amended report to
be signed on its behalf by the undersigned, thereunto duly authorized.
EVANS & SUTHERLAND COMPUTER CORPORATION
DATE: MAY 13, 1998 BY: /S/ JOHN T. LEMLEY
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John T. Lemley, Vice President
and Chief Financial Officer
(Principal Financial Officer)