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Previous: AVIATION SALES CO, SC 13D, 1998-09-04 |
Next: CAPITAL FACTORS HOLDINGS INC, SC 13D/A, 1998-09-04 |
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): AUGUST 14, 1998
ASPECT DEVELOPMENT, INC.
(Exact name of registrant as specified in its charter)
<TABLE>
<CAPTION>
DELAWARE 0-20749 25-1622857
<S> <C> <C>
(State or other jurisdiction of (Commission File No.) (IRS Employer Identification No.)
incorporation)
</TABLE>
1300 CHARLESTON ROAD
MOUNTAIN VIEW, CA 94043
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (650) 428-2700
<PAGE>
ITEM 5. OTHER EVENTS
Aspect Development, Inc. (the "Company") is filing this Form 8-K solely for the
purpose of disclosing the effect of a two-for-one stock split in the form of a
stock dividend (the "Stock Split") effective August 14, 1998, on certain
financial information included in the Company's Annual Report on Form 10-KSB for
the fiscal year ended December 31, 1997 (the 1997 Form 10-K), and in the Forms
10-Q for the quarters ended March 31, 1998 and June 30, 1998.
Restatement of selected data as it relates to the Stock Split is shown below.
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
FISCAL YEAR INFORMATION
<TABLE>
<CAPTION>
YEARS ENDED DECEMBER 31,
-------------------------------------
1997 1996 (1) 1995 (1)
-------- --------- ----------
<S> <C> <C> <C>
Basic:
Weighted average Common stock outstanding 27,634 21,060 10,676
Convertible preferred stock - 2,950 7,374
-------- --------- ----------
Total weighted average common and common equivalent
shares outstanding 27,634 24,010 18,050
Net income/(loss) $ (4,871) $ 885 $ (2,545)
Net income/(loss) per share (1) $ (0.18) $ 0.04 $ (0.14)
Diluted:
Weighted average Common stock outstanding 27,634 21,060 10,676
Common stock equivalents (treasury stock method) - 3,500 -
Convertible preferred stock - 2,950 7,374
-------- --------- ----------
Total weighted average common and common equivalent
shares outstanding 27,634 27,510 18,050
Net income/(loss) $ (4,871) $ 885 $ (2,545)
Net income/(loss) per share (1) $ (0.18) $ 0.03 $ (0.14)
</TABLE>
(1) Net income (loss) per share for 1995 and 1996 are proforma computations.
<PAGE>
<TABLE>
<CAPTION>
QUARTERLY FINANCIAL INFORMATION
Three months ended Six months ended
June 30, June 30,
--------------------------- -------------------------
1998 1997 1998 1997
------- ------- ------- -------
<S> <C> <C> <C> <C>
Basic:
Total weighted average common and
common equivalent shares outstanding 29,856 27,276 29,486 27,036
Net income (loss) $ 3,335 $ (329) $ 5,624 $(1,812)
Net income (loss) per share $ 0.11 $ (0.01) $ 0.19 $ (0.07)
Diluted:
Weighted average common stock outstanding 29,856 27,276 29,486 27,036
Common stock equivalents (treasury stock 3,308 --- 3,366 ---
method)
------- ------- ------- -------
Total weighted average common and common
equivalent shares outstanding 33,164 27,276 32,852 27,036
Net income (loss) $ 3,335 $ (329) $ 5,624 $(1,812)
Net income (loss) per share $ 0.10 $ (0.01) $ 0.17 $ (0.07)
</TABLE>
<TABLE>
<CAPTION>
THREE MONTHS ENDED MARCH 31,
1998 1997
------------ ------------
<S> <C> <C>
Basic:
Total weighted average common and common equivalent
shares outstanding 29,114 26,794
Net income (loss) $ 2,289 $(1,483)
Net income (loss) per share $ 0.08 $ (0.06)
Diluted:
Weighted average common stock outstanding 29,114 26,794
Common stock equivalents (treasury stock method) 3,424 --
------- -------
Total weighted average common and common equivalent
shares outstanding 32,538 26,794
Net income (loss) $ 2,289 $(1,483)
Net income (loss) per share $ 0.07 $ (0.06)
</TABLE>
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereto duly authorized.
Aspect Development, Inc.
/s/ David S. Dury
September 4, 1998 _____________________________________
David S. Dury
Vice President and Chief Financial Officer
(Principal Financial and Accounting Officer)
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