<PAGE>
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
For the quarterly period ended January 31, 1995
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OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from _______________________________ to _____________
Commission File Number:0-12456
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AMERICAN SOFTWARE, INC.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Georgia 58-1098795
- ------------------------------------- ------------------------------------
(State or other jurisdiction of (IRS Employer Identification Number)
incorporation or organization)
470 East Paces Ferry Road, N.E., Atlanta, Georgia 30305
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(Address of principal executive offices) (Zip Code)
(404) 261-4381
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(Registrant's telephone number, including area code)
None
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(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 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.
<TABLE>
<CAPTION>
Classes Outstanding at March 10, 1995
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<S> <C>
Class A Common Stock, $.10 par value 17,508,158 Shares
Class B Common Stock, $.10 par value 4,836,889 Shares
</TABLE>
Exhibit Index on Page 12 Page 1 of 14
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PART II OTHER INFORMATION
- -------
Item 1. Legal Proceedings
- ------- -----------------
Not applicable
Item 2. Changes in Securities
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Not applicable
Item 3. Defaults Upon Senior Securities
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Not applicable
Item 4. Submission of Matters to a Vote of Security Holders
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Not applicable
Item 5. Other Information
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Not applicable
Item 6. Exhibits and Reports on Form 8-K
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(a) Exhibit 11 Statement re: computation of Per Share Earnings
(Loss).
(b) No reports on Form 8-K were filed during the quarter ended
January 31, 1995.
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 thereunto duly authorized.
AMERICAN SOFTWARE, INC.
DATE March 13, 1995 /s/ Joseph L. Wiley
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Joseph L. Wiley
Vice President, Finance and Administration
Chief Financial Officer
DATE March 13, 1995 /s/ Peter W. Pamplin
---------------------- ---------------------------------
Peter W. Pamplin
Chief Accounting Officer
11
<TABLE> <S> <C>
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<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN
SOFTWARE, INC. CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> APR-30-1995
<PERIOD-START> MAY-01-1994
<PERIOD-END> JAN-31-1995
<CASH> 1,721,149
<SECURITIES> 30,575,118
<RECEIVABLES> 17,151,167
<ALLOWANCES> 2,012,750
<INVENTORY> 0
<CURRENT-ASSETS> 59,987,599
<PP&E> 37,201,657
<DEPRECIATION> 18,674,612
<TOTAL-ASSETS> 105,095,129
<CURRENT-LIABILITIES> 23,489,894
<BONDS> 0
<COMMON> 2,357,037
0
0
<OTHER-SE> 83,438,245
<TOTAL-LIABILITY-AND-EQUITY> 105,095,129
<SALES> 0
<TOTAL-REVENUES> 59,108,179
<CGS> 0
<TOTAL-COSTS> 38,576,405
<OTHER-EXPENSES> 33,472,633
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (11,693,558)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<INCOME-TAX> (4,842,736)
<INCOME-CONTINUING> (6,850,822)
<NET-INCOME> (6,850,822)
<EPS-PRIMARY> (.31)
<EPS-DILUTED> 0
</TABLE>
