| Travis International, Inc. | |||
| Proposed Ticker: | TRVI | 3000 Weslayan, Suite 350 | |
| Exchange: | NASDAQ-National Market | Houston, TX 77027 | |
| Industry: | Wholesale (SIC Code 5085) | (713) 622-7475 | |
| # of Employees: | 374 | ||
| Type of Shares: | Common Shares | Filing Date: | 10/6/97 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $35,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| A.G. Edwards & Sons, Inc. | Lead Manager | (314) 955-3039 |
| Cleary, Gull, Reiland & McDevitt, Inc. | Co-manager | (800) 221-2537 |
| Issuer's Law Firm: | Mayor, Day, Caldwell & Keeton |
| Bank's Law Firm: | Peper, Martin, Jensen, Maichel and Hetlage |
| Auditor: | Arthur Andersen |
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 | ||
| 9/30/96 | 6/30/97 | 6/30/96 | 6/30/97 | ||
| Revenue: | $65.81 | $56.69 | $47.62 | Assets: | $41.52 |
| Net Income: | $2.61 | $2.38 | $1.99 | Curr Assets: | $28.22 |
| EPS: | Liabilities: | $22.90 | |||
| Prior EPS: | -$0.67 | $0.98 | Curr Liabilities: | $10.86 | |
| Cash Flow/Oper: | $2.49 | $4.49 | $0.66 | Equity: | $18.62 |
| Cash Flow/Fin: | $0.74 | -$5.41 | -$0.65 | Cash: | $1.94 |
| Cash Flow/Inv: | -$0.93 | -$5.41 | Working Cap: | $17.36 | |
| Business Description |
| The company is a diversified wholesale distributor of specialty products and provider of related value-added services. The company distributes post-tension cable products, household fixture products, specialty industrial products and telecom equipment. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to retire future obligations under certain employment, consulting and non-competition agreements relating to a previous acquisition by the company and for general corporate purposes, including working capital and possible acquisitions. |