UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A-1 (Mark One) [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 for the Fiscal Year Ended January 31, 1997. 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: 0-20578 LAYNE CHRISTENSEN COMPANY (Exact name of registrant as specified in its charter) Delaware 48-0920712 ------------------------------------------------------------ (State or other jurisdiction (I.R.S. Employer Identification No.) of incorporation or organization) 1900 Shawnee Mission Parkway, Mission Woods, Kansas 66205 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (913) 362-0510 Securities Registered Pursuant to Section 12(b) of the Act: None Securities Registered Pursuant to Section 12(g) of the Act: Common Stock, $.01 par value ---------------------------- (Title of Class) 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 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. [ ] The aggregate market value of the 2,440,634 shares of Common Stock of the Registrant held by non-affiliates of the Registrant on March 31, 1997, computed by reference to the closing sale price of such stock as reported on the NASDAQ National Market System, was $39,050,144. At March 31, 1997, there were 8,871,467 shares of the Registrant's Common Stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the following document are incorporated by reference into the indicated parts of this report: definitive Proxy Statement for the 1997 Annual Meeting of Stockholders to be filed with the Commission pursuant to Regulation 14A -- Part III. Item 13 of Part III is hereby amended and restated in its entirety as follows: Item 13. Certain Relationships and Related Transactions The Registrant's Proxy Statement to be used in connection with the Annual Meeting of Stockholders to be held on May 22, 1997, contains, under the captions "Executive Compensation and Other Information--Certain Change-In- Control Agreements" and "Certain Transactions," the information required by Item 13 of Form 10-K and such information is incorporated herein by this reference. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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. Date: June 17, 1997 -- LAYNE CHRISTENSEN COMPANY By: /s/ Kent. B. Magill --------------------------- Kent B. Magill Vice President--General Counsel and Secretary