UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________
FORM 10-Q/A
Amendment No. 1
________________
(Mark One)
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1996
Or
TRANSITION REPORT PURSUANT TO SECTION 13 OF 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM ____ TO ____
Commission file number: 0-25578
SOFTWARE ARTISTRY, INC.
(Exact name of registrant as specified in its charter)
Indiana 35-1731589
(State or other jurisdiction of organization) (I.R.S. Employer
Identification Number)
9449 Priority Way West Drive, Indianapolis, IN 46240
(Address of principal executive offices) (Zip Code)
(317) 843-1663
(Registrant's telephone number, including area code)
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 requirement for the past 90 days.
Yes X No
As of July 25, 1996, there were 6,763,691 shares of Common Stock, no par
value, outstanding.
<PAGE>
PART II - OTHER INFORMATION
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits
Exhibit 27 - Financial Data Schedule
(b) Reports on Form 8-K
No reports on Form 8-K were filed during the current period.
<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, thereunto duly authorized.
Dated: October 7, 1996
SOFTWARE ARTISTRY, INC.
____________________
W. Scott Webber
President, Chief Executive Officer
and Director
(Principal Executive Officer)
____________________
Stephen R. Head
Vice President, Finance
Chief Financial Officer,
Secretary and Treasurer
(Principal Financial Officer and
Principal Accounting Officer)
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 5
<LEGEND> EXHIBIT 27
FINANCIAL DATA SCHEDULE
This schedule contains summary financial information extracted from the
condensed financial statements included in the Company's Form 10-Q and is
qualified in its entirety by reference to such condensed financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<CASH> 11,547
<SECURITIES> 6,383
<RECEIVABLES> 9,754
<ALLOWANCES> 335
<INVENTORY> 0
<CURRENT-ASSETS> 28,165
<PP&E> 6,308
<DEPRECIATION> 1,811
<TOTAL-ASSETS> 33,770
<CURRENT-LIABILITIES> 8,747
<BONDS> 0
0
0
<COMMON> 22,088
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 33,770
<SALES> 4,861
<TOTAL-REVENUES> 7,526
<CGS> 1,906
<TOTAL-COSTS> 1,906
<OTHER-EXPENSES> 5,678
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 4
<INCOME-PRETAX> 130
<INCOME-TAX> 44
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 86
<EPS-PRIMARY> 0.01
<EPS-DILUTED> 0.01
</TABLE>
