SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
QUARTERLY REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For Quarter Ended September 30, 1994 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 (I.R.S. Employer
of incorporation) Identification No.)
One PMS Center (P.O. Box Ten)
Blythewood, S.C. (Columbia, S.C.) 29016 (29202)
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number, including area code (803) 735-4000
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 the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practicable
date.
19,419,584 Common shares, $.01 par value, as of September 30,
1994
The information furnished herein reflects all adjustments which
are, in the opinion of management, necessary for the fair
presentation of the results for the periods reported. Such
information should be read in conjunction with the Company's Annual
Report on Form 10-K for the year ended December 31, 1993.
POLICY MANAGEMENT SYSTEMS CORPORATION
EXHIBIT INDEX
Exhibit
Number
27. Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> SEP-30-1994
<CASH> 17,153
<SECURITIES> 45,932
<RECEIVABLES> 101,674
<ALLOWANCES> 1,996
<INVENTORY> 0
<CURRENT-ASSETS> 201,692
<PP&E> 131,870
<DEPRECIATION> 121,073
<TOTAL-ASSETS> 552,479
<CURRENT-LIABILITIES> 66,883
<BONDS> 4,477
<COMMON> 194
0
0
<OTHER-SE> 412,252
<TOTAL-LIABILITY-AND-EQUITY> 552,479
<SALES> 0
<TOTAL-REVENUES> 367,676
<CGS> 0
<TOTAL-COSTS> 331,563
<OTHER-EXPENSES> (801)
<LOSS-PROVISION> 730
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 36,914
<INCOME-TAX> 13,025
<INCOME-CONTINUING> 23,889
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 23,889
<EPS-PRIMARY> 1.12
<EPS-DILUTED> 0
</TABLE>
