<PAGE>   1

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

(Mark One)

[X] Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange
    Act of 1934 (No Fee Required)

For the quarter ended May 6, 2001.

        OR

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange
    Act of 1934 (No Fee Required)

For the transition period from _________________ to _________________

Commission File No. 0-29396

                    AUTOLOGIC INFORMATION INTERNATIONAL, INC.
             (Exact name of registrant as specified in its charter)

           Delaware                                             13-3855697
-------------------------------                              ------------------
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                             Identification No.)

1050 Rancho Conejo Boulevard, Thousand Oaks, CA                     91320
-----------------------------------------------                  ----------
  (Address of principal executive offices)                       (Zip Code)

Registrant's telephone number, including area code:            (805) 498-9611


                                 Not Applicable
   --------------------------------------------------------------------------
   (Former Name, Former Address and Former 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 reports) and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]

The number of shares of the Registrant's common stock outstanding as of June 1,
2001 was 5,787,970.



<PAGE>   2

                         PART I - FINANCIAL INFORMATION

ITEM 1--FINANCIAL STATEMENTS

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
                      CONDENSED CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                              May 6,          November 3,
                                                                              2001              2000 (a)
                                                                            ---------          ---------
                                                                           (Unaudited)
                                                                                (Dollars in thousands)
<S>                                                                        <C>                <C>
ASSETS

CURRENT ASSETS
   Cash and cash equivalents                                                $  13,490          $  11,901
   Accounts receivable less allowance for doubtful
      accounts of  $1,049 (2001) and $1,196 (2000)                             11,230             14,497
   Inventories                                                                  9,710             11,144
   Deferred income tax benefit                                                  3,873              4,260
   Receivable from Volt                                                           113                 45
   Prepaid expenses and other assets                                            2,218              1,214
                                                                            ---------          ---------
           Total current assets                                                40,634             43,061

PROPERTY AND EQUIPMENT, at cost, net of
   accumulated depreciation and amortization
   of  $8,435 (2001) and $8,008 (2000)                                          4,536              4,550

DEFERRED INCOME TAX BENEFIT                                                     3,396              3,396

EXCESS OF PURCHASE PRICE OVER NET ASSETS
   ACQUIRED, net of amortization of $2,753 (2000) and $2,615 (2000)                --                138

   See Note- B

OTHER ASSETS                                                                      357                 51
                                                                            ---------          ---------

                                                                            $  48,923          $  51,196
                                                                            =========          =========

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accounts payable                                                         $   3,024          $   3,715
   Accrued payroll and related liabilities                                      2,916              3,187
   Accrued expenses                                                             1,576              2,286
   Customer advances                                                            4,199              4,285
   Income taxes payable                                                            --                264
                                                                            ---------          ---------
           Total current liabilities                                           11,715             13,737

STOCKHOLDERS' EQUITY
   Preferred stock, par value $0.01
      Authorized-1,000,000 shares; issued - none                                   --                 --
   Common stock, par value $0.01
      Authorized - 12,000,000 shares; issued and
           outstanding 5,787,970 shares in 2001 and 2000                           58                 58
   Paid-in capital                                                            112,620            112,620
   Accumulated deficit                                                        (75,470)           (75,219)
                                                                            ---------          ---------
                                                                               37,208            37, 459
                                                                            ---------          ---------

                                                                            $  48,923          $  51,196
                                                                            =========          =========
</TABLE>

(a)  The balance sheet at November 3, 2000 has been derived from the audited
     financial statements at that date.

See accompanying notes to Condensed Consolidated Financial Statements.



                                       2
<PAGE>   3

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                 For the Three Months Ended           For the Six Months Ended
                                                                  May 6,           April 28,          May 6,           April 28,
                                                                   2001              2000              2001              2000
                                                                 --------          --------          --------          --------
                                                                           (In thousands, except per share amounts)
<S>                                                              <C>               <C>               <C>               <C>
REVENUES
   Systems and equipment                                         $ 11,970          $ 12,154          $ 23,445          $ 23,689
   Customer service and support                                     5,450             6,113            10,752            12,226
                                                                 --------          --------          --------          --------
                                                                   17,420            18,267            34,197            35,915
                                                                 --------          --------          --------          --------

OPERATING COSTS AND EXPENSES
   Cost of systems and equipment                                    7,496             6,918            14,165            13,524
   Cost of customer service and support                             3,968             4,010             7,762             8,130
                                                                 --------          --------          --------          --------
      Gross margin                                                  5,956             7,339            12,270            14,261

   Operating expenses                                               6,349             7,015            12,294            13,789
   Charges from Volt-See Note E and F
      Rent                                                            194               194               388               388
      General and administrative                                        9                 9                18                18
                                                                 --------          --------          --------          --------

OPERATING (LOSS) INCOME                                              (596)              121              (430)               66
                                                                 --------          --------          --------          --------

OTHER (EXPENSE) INCOME
   Interest income                                                    168               162               345               309
   Foreign exchange loss                                             (279)              (11)             (122)              (81)
   Other, net                                                           3               (85)                7               (75)
                                                                 --------          --------          --------          --------
                                                                     (108)               66               230               153
                                                                 --------          --------          --------          --------

(LOSS) INCOME FROM OPERATIONS
    BEFORE INCOME TAXES                                              (704)              187              (200)              219

INCOME TAX BENEFIT (PROVISION) -See Note D                            165               (90)              (51)             (104)
                                                                 --------          --------          --------          --------

NET (LOSS) INCOME                                                $   (539)         $     97          $   (251)         $    115
                                                                 ========          ========          ========          ========
BASIC AND DILUTED (LOSS) EARNINGS
    PER SHARE-See Note G                                         $  (0.09)         $   0.02          $  (0.04)         $   0.02
                                                                 ========          ========          ========          ========

Average number of shares outstanding - Basic and Diluted            5,788             5,788             5,788             5,788
                                                                 ========          ========          ========          ========
</TABLE>









See accompanying notes to Condensed Consolidated Financial Statements.



                                       3

<PAGE>   4

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
            CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
                                   (Unaudited)




<TABLE>
<CAPTION>
                                           Common Stock
                                          $0.01 Par Value                Paid-In         Accumulated
                                     Shares            Amount            Capital           Deficit
                                    ---------         ---------         ---------         ---------
                                                                 (Dollars in thousands)
<S>                                 <C>               <C>               <C>               <C>
Balance at November 3, 2000         5,787,970         $      58         $ 112,620         $ (75,219)

Net loss for the six months                --                --                --              (251)
                                    ---------         ---------         ---------         ---------

Balance at May 6, 2001              5,787,970         $      58         $ 112,620         $ (75,470)
                                    =========         =========         =========         =========
</TABLE>

















See accompanying notes to Condensed Consolidated Financial Statements.



                                       4
<PAGE>   5

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                          For the Six Months Ended
                                                                          May 6,           April 28,
                                                                           2001              2000
                                                                         --------          --------
                                                                            (Dollars in thousands)
<S>                                                                      <C>               <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   Net (loss)  income                                                    $   (251)         $    115
   Adjustments to reconcile net income (loss) to net
      cash provided by operating activities:
        Depreciation                                                        1,069             1,120
        Amortization                                                          138               276
        Provision for doubtful accounts                                       256                 6
        Loss (gain) on foreign currency translation                           159              (353)
        Loss on dispositions of property and equipment, net                    82               156
        Deferred income taxes                                                 387               175
        Changes in operating assets and liabilities:
           Decrease (increase) in accounts receivable                       3,089            (1,304)
           Decrease (increase) in inventories                               1,434              (895)
           Increase  in prepaid expenses and other assets                  (1,315)             (327)
           Decrease in accounts payable                                      (865)             (837)
           Decrease in accrued expenses                                    (1,084)             (131)
           (Decrease) increase  in customer advances                         (128)            2,781
           Decrease in income taxes payable                                  (264)             (503)
           Decrease in payable to Volt                                        (68)              (84)
                                                                         --------          --------

NET CASH PROVIDED BY
    OPERATING ACTIVITIES                                                    2,639               195
                                                                         --------          --------
CASH FLOWS APPLIED TO INVESTING ACTIVITIES
      Purchases of property and equipment                                  (1,137)             (757)
                                                                         --------          --------
NET CASH APPLIED TO INVESTING ACTIVITIES                                   (1,137)             (757)
                                                                         --------          --------

   Effect of exchange rate changes on cash                                     87               369
                                                                         --------          --------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                        1,589              (193)

Cash and cash equivalents, beginning of period                             11,901            13,421
                                                                         --------          --------

CASH AND CASH EQUIVALENTS, END OF PERIOD                                 $ 13,490          $ 13,228
                                                                         ========          ========


SUPPLEMENTAL CASH TRANSACTIONS
Cash paid during the period:
      Interest                                                           $      4          $     --
      Income taxes                                                       $    646          $    429
</TABLE>




See accompanying notes to Condensed Consolidated Financial Statements.



                                       5
<PAGE>   6

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE A--BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with the instructions for Form 10-Q and Article 10 of
Regulation S-X and, therefore, do not include all information and footnotes
required by generally accepted accounting principles for complete financial
statements. However, in the opinion of management, the accompanying unaudited
condensed consolidated financial statements contain all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation of
the Company's financial position at May 6, 2001 and results of operations for
the three and six months ended May 6, 2001 and April 28, 2000 and cash flows for
each of the six months then ended. Operating results for interim periods are not
necessarily indicative of the results that may be expected for a full fiscal
year.

These statements should be read in conjunction with the financial statements and
footnotes included in the Company's Annual Report on Form 10-K for the year
ended November 3, 2000. The accounting policies used in preparing these
financial statements are the same as those described in that Report. In 2001,
the Company's fiscal year will end on Sunday, November 4, 2001 and thereafter on
the Sunday nearest October 31.


NOTE B--FORMATION OF THE COMPANY AND MERGER

The Company was incorporated in Delaware on September 5, 1995 as a wholly owned
subsidiary of Volt Information Sciences, Inc. ("Volt"). On January 29, 1996,
pursuant to the terms of an Agreement and Plan of Merger (the "Merger
Agreement") dated October 5, 1995, as subsequently amended, among the Company,
Volt, Autologic, Incorporated (a subsidiary of Volt, "Autologic") and
Information International, Inc. ("Triple-I"), each of Autologic and Triple-I
were merged into the Company and Volt contributed to the Company the capital of
certain foreign subsidiaries of Volt (collectively, the "Merger").

Pursuant to the Merger Agreement, Volt, through its wholly-owned subsidiary Nuco
I, Ltd., received 3,337,000 shares of the Company's common stock and the
stockholders of Triple-I received 2,429,870 shares of the Company's common
stock, based on one share of the Company being issued for each outstanding share
of Triple-I (including 58,500 shares issued to Volt for Triple-I common stock
owned by Volt prior to the Merger).

On June 25, 1995, the date the general terms of the Merger were agreed to and
announced, Triple-I had outstanding options to purchase approximately 594,000
shares of its common stock. In accordance with Triple-I's stock option plans,
each outstanding Triple-I option automatically became fully vested and
immediately exercisable upon consummation of the Merger. As part of the Merger
Agreement, the parties agreed to a formula to limit the dilution of Volt's
percentage ownership in the Company as a result of the exercise of those
Triple-I options. Under that formula, Volt is to receive 100 shares of the
Company's common stock for every 590 shares of the Company common stock issued
with respect to Triple-I options exercised subsequent to June 25, 1995, up to a
maximum of 100,000 shares. Between June 25, 1995 and May 6, 2001, 51,250 shares
have been issued upon the exercise of Triple-I options, and Volt has received
8,600 shares of the Company's common stock with respect to such exercises.
Accordingly, Volt owned beneficially 3,400,186 shares (59%) of the Company's
common stock as of May 6, 2001. Of such options, options to purchase 137,000
shares of the Company's common stock remained outstanding on May 6, 2001 at an
exercise price of $4.25 per share and expiring from November 4, 2008 to December
9, 2008.

As the Company, Autologic and the Volt Subsidiaries were under common control,
the merger of Autologic and the transfer of the stock of the Volt Subsidiaries
to the Company has been accounted for on a pooling of interest basis.
Accordingly, the assets and liabilities of such entities and their stockholders'
equity accounts have been accounted for at their historical carrying amounts.
The merger of Triple-I has been accounted for under the purchase method of
accounting and, accordingly, the purchase price, which was based on the quoted
market price of the Triple-I common stock at the time the general terms of the
acquisition were agreed to and announced, plus the value of stock options issued
in exchange for outstanding stock options of Triple-I, has been allocated to net
assets based upon their estimated fair values. A $2,753,000 excess of the
purchase price over the estimated fair value of Triple-I's identifiable assets,
including the estimated future tax benefits of Triple-I's net operating loss
carryforwards and deductible temporary differences, was recorded on the
effective date of the Merger and was amortized over a five-year period.
Amortization, at the monthly rate of $46,000, was completed January 28, 2001
near the end of the first quarter of fiscal 2001.



                                       6
<PAGE>   7

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
         NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS-Continued
                                   (Unaudited)


NOTE C--INVENTORIES

Inventories consist of:

<TABLE>
<CAPTION>
                                  May 6,         November 3,
                                   2001             2000
                                  -------         -------
                                   (Dollars in thousands)
<S>                               <C>             <C>
Service parts                     $   931         $   928
Materials                           6,062           7,583
Work-in-process                     1,534           1,548
Finished goods                      1,183           1,085
                                  -------         -------
                                  $ 9,710         $11,144
                                  =======         =======
</TABLE>



NOTE D--INCOME TAXES

Income taxes are provided using the liability method. Significant components of
the income tax provision attributable to operations are as follows:

<TABLE>
<CAPTION>
                                              For the Three Months Ended     For the Six Months Ended
                                                 May 6,       April 28,        May 6,        April 28,
                                                  2001           2000           2001           2000
                                                 -----          -----          -----          -----
                                                              (Dollars in thousands)
<S>                                           <C>             <C>            <C>             <C>
Current Tax Provision (Benefit):
   Federal                                       $(468)         $(211)         $(459)         $  25
   State and local                                 (46)             1            (26)            37
    Foreign                                        (13)           (43)           149           (133)
                                                 -----          -----          -----          -----
      Total current                               (527)          (253)          (336)           (71)
                                                 -----          -----          -----          -----

Deferred Taxes:
   Federal                                         322            313            345            163
   State and local                                  40             30             42             12
   Foreign                                          --             --             --             --
                                                 -----          -----          -----          -----
      Total deferred                               362            343            387            175
                                                 -----          -----          -----          -----

Total Income Tax Provision (Benefit)             $(165)         $  90          $  51          $ 104
                                                 =====          =====          =====          =====
</TABLE>


Deferred income taxes reflect the net tax effects of changes in the temporary
differences between the carrying amounts of assets and liabilities for financial
reporting purposes and the amounts used for income tax purposes.

As described in Note B, as of the date of the Merger, a deferred tax asset was
established representing the estimated future tax benefit anticipated to be
realized from the use of Triple-I's net operating loss carryforward and
deductible temporary differences and the Company's deductible temporary
differences existing at the date of Merger to reduce anticipated taxable income
of the Company to be realized subsequent to the Merger. The Company believes
that it is more likely than not that such tax benefits will be realized based on
the combined companies' past and anticipated future results of operations and,
after considering provisions of the tax law that restrict the future use of
Triple-I's tax benefits, such as the change in ownership provisions.



                                       7
<PAGE>   8

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
         NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS-Continued
                                   (Unaudited)

NOTE E--CHARGES FROM VOLT

Volt incurs certain costs on behalf of the Company for which the Company
reimburses Volt and, accordingly, such costs are reflected in the Company's
results of operations. In addition, during each of the three months ended May 6,
2001 and April 28, 2000, the Company incurred $9,000 in legal fees payable to
Volt under a $3,000 per month retainer arrangement that provides the Company
access to Volt's in-house legal staff.

NOTE F--RELATED PARTY TRANSACTIONS

A three-year lease, commencing on the effective date of the Merger, was entered
into between the Company, as lessee, and a wholly-owned subsidiary of Volt, as
lessor, for space previously occupied by Autologic as its headquarters and
manufacturing facility in Thousand Oaks, California. Pursuant to the terms of
the lease, as amended in December 1996, the Company's Board of Directors
established a new rental rate based on prevailing rates in the general area,
which resulted in a slight decrease in rent. The lease also provides for the
Company to pay all real estate taxes, insurance, utilities and repairs related
to the facility. The Company and the landlord have continued to operate under
the terms of the lease since its expiration in January 28, 1999, although there
have been discussions to modify the lease. During the three months ended May 6,
2001 and April 28, 2000, the Company paid rent to Volt of $194,000.


NOTE G--PER SHARE DATA

The Company calculates per share data in accordance with Statement of Financial
Accounting Standards No. 128, "Earnings per Share" (SFAS No. 128). Under SFAS
No. 128, earnings per share data is calculated for basic and diluted earnings
per share. Basic earnings per share excludes dilutive securities, including
stock options, and is calculated using the weighted average common shares
outstanding for the period. Diluted earnings per share reflects the dilution to
earnings that would occur if stock options and other dilutive securities
resulted in the issuance of common stock. Substantially all common stock
equivalent shares from stock options (240,000 and 326,900 in 2001 and 2000,
respectively) have been excluded from the computation of diluted earnings per
share because the effect would be antidilutive, since the option prices were
greater than the average market prices of the Company's common stock during the
quarters.


NOTE H--REVENUE RECOGNITION

Revenues are recognized when products are shipped and services are rendered,
less estimated returns and warranty costs for which provisions are made at the
time of sale. The Company also generates revenues from support and maintenance
contracts, which generally provide for the Company to provide technical support
and maintenance to its customers on its products. Support and maintenance
revenues are recognized ratably over the contract periods.

In December 1999, the Securities and Exchange Commission issued Staff Accounting
Bulletin 101, "Revenue Recognition in Financial Statements" ("SAB 101"). SAB 101
provides guidance on the recognition, presentation and disclosure of revenues in
financial statements and requires adoption no later than the fourth quarter of
fiscal 2001. The Company has evaluated the impact of SAB 101 and interpretations
thereunder and has determined that SAB 101 will not have a material effect on
the Company's consolidated financial position or results of operation.


NOTE I--CONTINGENCIES

The Company is currently involved in various claims and legal actions arising in
the ordinary course of business. In the opinion of management, the ultimate
resolution of such claims and actions will not have a material adverse effect on
the Company's financial position or results of operations.



                                       8
<PAGE>   9

           AUTOLOGIC INFORMATION INTERNATIONAL, INC. AND SUBSIDIARIES
         NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS-Continued
                                   (Unaudited)


NOTE J--DERIVATIVE FINANCIAL INSTRUMENT


In June 1998, the FASB issued Statement 133, "Accounting for Derivative
Instruments and Hedging Activities" (SFAS No. 133). The provisions of SFAS No.
133 require companies to record all derivative instruments as assets or
liabilities, measured at fair value. In June 1999, the FASB issued Statement
137, which deferred the effective date of SFAS No. 133. As of November 4, 2000,
the Company adopted SFAS No. 133. The adoption of SFAS No. 133 had no impact on
the financial statements of the Company.



NOTE K--ASSET ACQUISITION

On December 20, 2000, Xitron Inc., a wholly owned subsidiary of Autologic
Information International, Inc., acquired the assets of Graphic Integration
Technology (GIT) located in New Hampshire, USA and Graphic Integration Limited
(GIL) located in Swindon, UK. The tangible assets acquired include inventory and
certain fixed assets. Unaudited, pro forma, combined financial information has
not been prepared, as the acquisition was not material to the Company.



                                       9
<PAGE>   10
ITEM 2--MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

General

In order to keep investors informed of the Company's future plans and
objectives, this report (and other reports and statements issued by the Company
and its officers from time to time) contains certain statements concerning the
Company's future results, future performance, intentions, objectives, plans and
expectations that are or may be deemed to be "forward-looking statements". When
used in this report, words such as "may", "should", "seek", "believe", "expect",
"anticipate", "estimate", "project", "intend", "strategy" and similar
expressions are intended to identify forward-looking statements regarding
events, conditions and financial trends that may affect the Company's future
plans, operations, business strategies, operating results and financial
position. Although the Company believes that its expectations are based on
reasonable assumptions, these forward-looking statements are subject to a number
of known and unknown risks and uncertainties that could cause the Company's
actual results, performance and achievements to differ materially from those
described or implied in the forward-looking statements. Factors that could cause
or contribute to such differences include, but are not limited to:

-  general economic and business conditions in the United States (including the
   avoidance of a recession) and in the overseas markets where the Company
   distributes products, including the impact of the major economic problems
   which continue in Asia and Latin America

-  the relative strength of the U.S. dollar against currencies of the countries
   in which the Company's customers and competitors are located

-  the Company's ability to successfully expand its market base beyond its
   traditional newspaper market

-  potential changes in customer spending and purchasing policies and practices

-  the continuing availability of components, sub-assemblies, parts and end
   items, and dependence on third parties for some components

-  risks inherent in new product introductions, such as start-up delays,
   uncertainty of customer acceptance

-  the Company's ability to maintain superior technological capability

-  the Company's ability to foresee changes and to identify, develop and
   commercialize innovative and competitive products and systems in a timely and
   cost effective manner and achieve customer acceptance in markets
   characterized by rapidly changing technology and frequent new product
   introductions

-  the Company's ability to meet competition in its highly competitive markets
   with minimal impact on prices and margins

-  the Company's ability to accurately forecast sales and maintain adequate
   inventory levels to meet customer needs while avoiding the need for
   additional working capital to carry excess inventories and avoiding incurring
   write-offs or write-downs of inventories due to obsolescence

-  the Company's ability to attract and retain certain classifications of
   technologically qualified personnel, particularly in the areas of research
   and development and customer service

-  the Company's ability to generate cash flows and obtain financing to support
   its operations and growth

-  the impact of the introduction of the Euro currency

These and certain other factors are discussed from time to time in this report
and other Company reports hereafter filed with the Securities and Exchange
Commission. The Company does not assume an obligation to update the factors
discussed in this report.



Results of Operations

Three months ended May 6, 2001 compared to three months ended April 28, 2000

In the three-month period ended May 6, 2001, revenues decreased by $847,000, or
4.6%, from the comparable period in fiscal 2000 due to a decrease of $184,000,
or 1.5%, in sales of systems and equipment, and a decrease of $663,000, or 10.8%
in customer service and support sales. Although sales of the Company's
Computer-to-Plate imagesetter increased, equipment sales decreased slightly
domestically due to the general economic slowdown. Newspapers have curtailed
their capital expenditures due to higher newsprint prices and a decline in
advertising revenue. The Company anticipates sales will increase in the near
future as its customers resume capital spending. The decrease in customer
service and support sales was due to a decline in domestic and foreign sales of
spare parts, billable services and a reduction in revenue related to
installations and service contracts as a result of the lower systems and
equipment sales domestically.



                                       10
<PAGE>   11
For the second quarter of fiscal 2001 compared to the second quarter of fiscal
2000, gross margins decreased 18.8% due to lower systems and equipment margins
which decreased by 5.7 percentage points (from 43.1% to 37.4% of systems and
equipment sales) and service and support margins which decreased 7.2 percentage
points (from 34.4% to 27.2% of customer service and support sales). The decrease
in systems and equipment margins was due to discounting in response to
competition and slightly higher manufacturing costs during the period. The
higher manufacturing costs were due to unfavorable overhead variances due to the
lower production volumes. The decrease in service and support margins
domestically was due primarily to the decline in service revenues.

Operating expenses decreased by $666,000 from $7,015,000 in the second quarter
of fiscal 2000 to $6,349,000 in the second quarter of fiscal 2001 due primarily
to cost-cutting measures implemented by the Company in October 2000. At that
time, the Company reduced its domestic workforce by 6% and closed its
Burlington, Massachusetts facility. Operating expenses as a percentage of sales
decreased by 2.0 percentage points (from 38.4% to 36.4%) as a result of the cost
control measures implemented toward the end of fiscal 2000.

The $6,000 increase in interest income is due to a higher average (over the
three-month period) cash balance and slightly higher interest rate in the
comparable fiscal 2001 period than in the comparable period in the prior year.

A foreign exchange loss of $279,000 was realized in the three-month period ended
May 6, 2001 compared to a loss in the same period in 2000 of $11,000. The loss
in both periods was due to unfavorable currency movements in the European and
Pacific Rim currency markets. To reduce the potential impact from foreign
currency changes on the Company's foreign currency receivables and firm
commitments, foreign currency options are purchased.

The Company's effective tax benefit rate was 23.4% for the three months ended
May 6, 2001 compared to a 48.1% provision for the comparable prior year period
due to a loss recorded during the period, higher foreign taxes and nondeductible
charges.



Six months ended May 6, 2001 compared to six months ended April 28, 2000

In the six-month period ended May 6, 2001, revenues decreased by $1,718,000, or
4.8%, from the comparable fiscal 2000 period due to a decrease of $244,000, or
1.0%, in sales of systems and equipment, and a decrease of $1,474,000, or 12.1%,
in customer service and support sales. Although sales of the Company's
Computer-to-Plate imagesetter increased, equipment sales decreased slightly
domestically due to the general economic slowdown. Newspapers have reduced
capital spending in response to higher newsprint costs and a decline in
advertising revenue. The Company anticipates sales will increase in the near
future as our customers resume capital spending. The decrease in customer
service and support sales was due primarily to a decline in domestic and foreign
spare part sales, billable services and a reduction in revenue related to
installations and service contracts as a result of the lower systems and
equipment sales domestically.

For the first half of fiscal 2001 compared to the first six months of fiscal
2000, gross margins decreased 18.8%, due to a decline in systems and equipment
margins which decreased 3.3 percentage points (from 42.9% to 39.6%) and service
and support margins which decreased 5.7 percentage points (from 33.5% to 27.8%).
The decrease in systems and equipment margins was due to discounting in response
to competition and slightly higher manufacturing costs during the period. The
increased manufacturing costs were due to unfavorable overhead variances due to
the lower production volumes. The decrease in service and support margins,
domestically, was due to the decline in service revenues.

Operating expenses decreased by $1,495,000 from $13,789,000 in the first six
months of fiscal 2000 to $12,294,000 in the first six months of fiscal 2001 due
primarily to cost-cutting measures implemented by the Company in October 2000.
At that time, the Company reduced domestic headcount by 6%, or 18 personnel, and
closed its Burlington, Massachusetts facility. The Company estimates the annual
savings from the layoff and other cost-cutting measures to be approximately $2.2
million. As a result of these actions, operating expenses expressed as a
percentage of sales decreased by 2.4 percentage points (from 38.4% to 36.0%).

The $36,000 increase in interest income is due to a higher average (over the
six-month period) cash balance and, in the second quarter, slightly higher
interest rates in the fiscal 2001 period than in the comparable period in the
prior year.

A foreign exchange loss of $122,000 was realized in the six-month period ended
May 6, 2001 compared to a loss in the same period in 2000 of $81,000. The loss
in both periods was due to unfavorable currency movements in the European and
Pacific Rim currency markets. To reduce the potential impact from foreign
currency changes on the Company's foreign currency receivables and firm
commitments, foreign currency options are purchased.



                                       11
<PAGE>   12

The Company reported a tax expense for the six months ended May 6, 2001 of
$51,000 on a loss of $200,000. The tax provision was a result of foreign taxable
income and the higher associated tax rates in these operations combined with
nondeductible charges, including goodwill amortization. The effective tax rate
was 47.5% for the comparable period in the prior year.

Liquidity and Capital Resources

As of May 6, 2001, the Company had cash and cash equivalents of $13,490,000 and
working capital of $28,919,000. During the six months ended May 6, 2001, the
Company's operating activities provided cash of $2,639,000. Although the Company
reported a net loss of $251,000, the loss included non-cash charges for
depreciation of $1,069,000, amortization of $138,000, provision for doubtful
accounts of $256,000, foreign currency transaction losses of $159,000, loss on
dispositions of property of $82,000 and deferred income taxes of $387,000. These
non-cash charges of $2,091,000, after the net loss, produced net cash of
$1,840,000. Changes in operating assets and liabilities provided the remaining
$799,000 of cash provided by operating activities, primarily as a result of a
$3,089,000 decrease in accounts receivable and $1,434,000 decrease in
inventories offset, in large part, by an increase in prepaid expenses and other
assets of $1,315,000, decrease in accounts payable and accrued expenses of
$1,949,000, and a decrease in customer advances, income taxes and amounts
payable to Volt of $460,000.

Investing activities used cash of $1,137,000 for the purchase of property and
equipment. There are no major capital expenditures forecast during the balance
of the fiscal year.

The Company believes that its cash on hand will be sufficient to meet the
Company's liquidity and capital needs in the normal course of business for the
foreseeable future.



ITEM 3--QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK

The Company is exposed to market risk related to changes in interest rates,
foreign currency exchange rates and derivative financial instruments. To reduce
the potential impact from foreign currency changes on the Company's foreign
currency receivables and firm commitments, foreign currency options are
purchased.

The Company maintains a portfolio of highly liquid cash equivalents maturing in
three months or less from the date of purchase. Given the short-term nature of
these investments, the Company is not subject to significant principal risk.
However, the Company's yield return on future short-term investments could be
affected at the time of reinvestment as a result of intervening events. The
Company presently has no borrowings and, accordingly, does not purchase interest
rate swaps or other instruments to hedge against interest rate fluctuations.

A significant portion of the Company's operations consists of sales activities
in foreign locations, as the Company sells its products worldwide. The Company's
financial results, therefore, could be significantly impacted by factors such as
changes in foreign currency exchange rates and economic conditions in foreign
markets. Since all of the Company's sales are denominated in U.S. dollars, the
Company's foreign operations are net payers in currencies other than the U.S.
dollar. As such, the Company's operating results may be adversely affected by
the impacts of weaker foreign currencies relative to the U.S. dollar. To
mitigate the short-term effect of changes in currency exchange rates on its
foreign currency based expenses and receivables, the Company purchases foreign
currency option contracts to hedge the adverse impact of currency fluctuations
on its foreign currency receivables and firm commitments. Management believes
that, due to its currency option positions, changes in currency rates would not
have a significant impact on the Company's results of operations.


Impact of the Euro

Several European countries have adopted as of January 1, 1999, and others are
expected to adopt, a Single European Currency (the "Euro") with a transition
period continuing through January 1, 2002. The Company believes, based on its
experience to date, that its internal systems are, and will continue to be, Euro
compatible without material modification cost. The Company has not experienced
to date any impact on, and does not expect the introduction of the Euro currency
to have a material adverse impact on, the Company's financial position or
results of operations.



                                       12
<PAGE>   13

                           PART II - OTHER INFORMATION


ITEM 4 -- SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

At the Company's 2001 Annual Meeting of Shareholders held on April 4, 2001,
stockholders:

(a) Elected the following to serve as directors of the Company to serve until
the 2002 Annual Meeting of the Stockholders, by the following votes:

<TABLE>
<CAPTION>
                                              For                 Votes Withheld
                                           ---------              --------------
<S>                                        <C>                    <C>
Leroy M. Bell                              5,218,442                 259,105
Alvin J. Brunner                           5,218,442                 259,105
EuGene L. Falk                             5,218,442                 259,105
James J. Groberg                           5,218,442                 259,105
Paul H. McGarrell                          5,218,442                 259,105
Jerome Shaw                                5,214,442                 263,105
William Shaw                               5,214,442                 263,105
</TABLE>


(b) Ratified the action of the Board of Directors in appointing Ernst & Young
LLP as the Company's independent public accountants for the fiscal year ending
November 4, 2001 by the following vote:

<TABLE>
<CAPTION>
               For:                Against:                 Abstain:
               ----                --------                 --------
            <S>                    <C>                      <C>
            5,217,707              259,580                    260
</TABLE>


ITEM 6--EXHIBITS AND REPORTS ON FORM 8-K

(a)     Exhibits:

        15      Independent Accountants' Report on Review of Interim Financial
                Information from Ernst & Young LLP


(b)     Reports on Form 8-K:

        No Reports on Form 8-K were filed during the quarter ended May 6, 2001.




                                   SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Company has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.


                                       AUTOLOGIC INFORMATION INTERNATIONAL, INC.


Dated: Thousand Oaks, California
       June 18, 2001


                                       BY: /s/ Anthony F. Marrelli
                                           -------------------------------------
                                           Anthony F. Marrelli
                                           Vice President and Chief Financial
                                           Officer




                                       13
<PAGE>   14

                                  Exhibit Index


<TABLE>
<CAPTION>
Exhibit     Description
-------     -----------
<S>         <C>
15          Independent Accountants' Report on Review of Interim Financial
            Information from Ernst & Young LLP
</TABLE>



                                       14