| OSI Systems, Inc. | |||
| Ticker: | OSIS | 12525 Chadron Avenue | |
| Exchange: | NASDAQ-National Market | Hawthorne, CA 92050 | |
| Industry: | High-Tech (SIC Code 3674) | (310) 978-0516 | |
| Type of Shares: | Common Shares | Filing Date: | 6/13/97 | |
| U.S. Shares: | 3,700,000 | Offer Date: | 10/1/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $12.50 - $14.50 | |
| Primary Shares: | 3,330,000 | Offer Price: | $13.50 | |
| Secondary Shares: | 370,000 | Gross Spread: | $0.94 | |
| Offering Amount: | $49,950,000 | Selling: | $0.54 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 9,458,874 |
| Manager | Tier | Phone |
| Robertson, Stephens & Company | Lead Manager | (415) 989-8500 |
| Volpe Brown Whelan & Company | Co-manager | (415) 274-4463 |
| William Blair & Company | Co-manager | (312) 364-8990 |
| Issuer's Law Firm: | Troy & Gould |
| Bank's Law Firm: | Jones, Day, Reavis & Pogue |
| Auditor: | Deloitte & Touche |
| Registrar/Transfer Agent: | U. S. Stock Transfer Corporation |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/96 | 3/31/97 | 3/31/96 | 3/31/97 | ||
| Revenue: | $61.52 | $55.97 | $44.99 | Assets: | $44.31 |
| Net Income: | $2.31 | $3.03 | $1.64 | Curr Assets: | |
| EPS: | $0.37 | $0.48 | $0.26 | Liabilities: | $29.33 |
| Prior EPS: | $5.11 | -$1.20 | Curr Liabilities: | ||
| Cash Flow/Oper: | $0.01 | Equity: | $14.98 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a vertically integrated worldwide provider of devices, subsystems and end-products based on optoelectronic technology. These products are used in applications ranging from security, medical diagnostics, telecommunications and aerospace. The company designs and manufactures optoelectronic devices and value-added subsystems for original equipment manufacturers for use in a broad range of applications, including security, medical diagnostics, telecommunications, office automation, aerospace, computer peripherals and industrial automation. In addition, the company utilizes its optoelectronic technology and design capabilities to manufacture security and inspection products that it markets worldwide to end users under the "Rapiscan" brand name. These products are used to inspect baggage, cargo and other objects for weapons, explosives, drugs and other contraband. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay certain indebtedness, to increase funds available for research and development, to enhance its sales and marketing capabilities, to pursue possible acquisitions, and for general corporate purposes including working capital. |