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RESTATED - SEE "INTRODUCTORY NOTE".
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1991 Commission file number 0-10175
POLICY MANAGEMENT SYSTEMS CORPORATION
(Exact name of registrant as specified in its charter)
South Carolina 57-0723125
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
One PMS Center (P.O. Box Ten) 29016 (29202)
Blythewood, S.C. (Columbia, S.C.) (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code (803) 735-4000
Securities registered pursuant to Section 12(b) of the Act:
Name of each exchange
Title of each class on which registered
Common Stock, par value $.01 per share New York Stock Exchange
Securities registered pursuant to Section 12(g) of the Act:
None
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. X
The aggregate market value of the voting stock held by non-affiliates of the
registrant was $1,824,082,520 at March 1, 1993 based on the closing market price
of the Common Stock on such date, as reported by the New York Stock Exchange.
The aggregate market value of the voting stock held by non-affiliates of the
registrant was $1,636,333,083 at February 21, 1992 based on the closing market
price of the Common Stock on such date, as reported by the New York Stock
Exchange.
The total number of shares of the registrant's Common Stock, $.01 per share
par value, outstanding at February 21, 1992 was 23,145,741.
DOCUMENTS INCORPORATED BY REFERENCE
(1) Specified sections of the registrant's 1991 Annual Report to stockholders
are incorporated by reference in Part II hereof.
(2) Specified sections of the registrant's 1992 Proxy Statement in connection
with its 1992 Annual Meeting of Stockholders are incorporated by reference
in Part III hereof.
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POLICY MANAGEMENT SYSTEMS CORPORATION
INTRODUCTORY NOTE
Certain of the information in the Company's financial statements as of and
for the year ended December 31, 1991 has been restated to reflect subsequent
special audits of the Company's financial statements. For information regarding
such special audits and the impact thereof on the Company's financial statements
as of and for the year ended December 31, 1991, see the Company's Annual Reports
on Form 10-K/A for the years ended December 31, 1992 and 1993 and the Company's
Quarterly Reports on Form 10-Q/A for the quarters ended March 31, June 30 and
September 30, 1992.
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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.
(REGISTRANT) POLICY MANAGEMENT SYSTEMS CORPORATION
BY (SIGNATURE) /s/ Timothy V. Williams
Timothy V. Williams, Executive Vice
President, Chief Financial Officer
DATE November 16, 1994
BY (SIGNATURE) /s/ Stan F. Stoudenmire
Stan F. Stoudenmire, Vice President
and Corporate Controller
DATE November 16, 1994
Pursuant to the requirements of the Securities Exchange Act
of 1934, this report has been signed below by the following
persons on behalf of the registrant and in the capacities and on
the dates indicated.
BY (SIGNATURE) /s/ G. Larry Wilson
(NAME AND TITLE) G. Larry Wilson, Chairman of the Board of
Directors, President and Chief Executive
Officer
DATE November 16, 1994
BY (SIGNATURE) /s/ Roy L. Faulks
(NAME AND TITLE) Roy L. Faulks, Vice Chairman of the
Board of Directors
DATE November 16, 1994
BY (SIGNATURE) /s/ John P. Seibels
(NAME AND TITLE) John P. Seibels, Director
DATE November 16, 1994
BY (SIGNATURE) /s/ Frederick B. Karl
(NAME AND TITLE) Frederick B. Karl, Director
DATE November 16, 1994
BY (SIGNATURE) /s/ Richard G. Trub
(NAME AND TITLE) Richard G. Trub, Director
DATE November 16, 1994
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SIGNATURES
BY (SIGNATURE) /s/ Joseph D. Sargent
(NAME AND TITLE) Joseph D. Sargent, Director
DATE November 16, 1994
BY (SIGNATURE) /s/ Dr. John M. Palms
(NAME AND TITLE) Dr. John M. Palms, Director
DATE November 16, 1994
BY (SIGNATURE) Did not sign.
(NAME AND TITLE) Joseph M. Henson, Director
DATE November 16, 1994
BY (SIGNATURE) Did not sign.
(NAME AND TITLE) Steven A. Denning, Director
DATE November 16, 1994
