SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB/A
For Quarter ended March 31, 1996
/x/ Quarterly Report pursuant to Section 13 or 15(d)
of the Securities and Exchange Act of 1934
Commission File Number 1-10768
MEDIWARE INFORMATION SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
New York 11-2209324
(State of other Jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
1121 Old Walt Whitman Road
Melville, New York 11747-3005
(Address of Principal Executive Officer) (Zip Code)
(516) 423-7800
(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
requirements for the past 90 Days. Yes X No ______
As of December 31, 1995, there were 2,654,950 shares of Common Stock, $0.10 par
value, of the registrant outstanding.
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MEDIWARE Information Systems, Inc.
Index
Part II. Other Information Page
ITEM 6. Exhibits and Reports on Form 8-K.....................................2
Signature Page................................................................3
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Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits.
11 - Schedule of Computation of Net Income Per Share
27 - Financial Data Scheule
(b) Reports on Form 8-K. No reports on Form 8-K were filed during the
quarter for which this report is filed.
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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.
MEDIWARE Information Systems, Inc.
----------------------------------
(Registrant)
July 3, 1996 By: /s/ Lawrence Auriana
------------ --------------------------
(Date) Lawrence Auriana, Chairman
of the Board and Secretary
July 3, 1996 By: /s/ Lawrence Auriana
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(Date) Lawrence Auriana, Treasurer
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EXHIBIT INDEX
EXHIBITS
- --------
11 - Schedule of Computation of Net Income Per Share
27 - Financial Data Schedule
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<TABLE>
<CAPTION>
MEDIWARE INFORMATION SYSTEMS, INC. AND SUBSIDIARY
EXHIBIT 11
SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE
Three months ended Nine months ended
March 31, 1996 March 31, 1996
------------------ -----------------
Fully Fully
Primary Diluted Primary Diluted
------- ------- ------- -------
<S> <C> <C> <C> <C>
Modified treasury stock method adjustment
to net income:
Net income $54,000 $54,000 $580,000 $580,000
Reduction in interest expense from retiring debt 25,000 23,000 143,000 83,000
------- ------- -------- --------
$79,000 $77,000 $723,000 $663,000
======= ======= ======== ========
Modified treasury stock method adjustment
to common stock:
Weighted average shares outstanding 2,654,950 2,654,950 2,654,950 2,654,950
Add: Net shares from exercise of options/warrants:
Assumed exercise of options 1,774,991 1,774,991 1,759,713 1,759,713
Assumed repurchase of shares 530,990 382,647 530,990 377,758
Incremental shares 1,244,001 1,392,344 1,228,723 1,381,955
--------- --------- ---------- ---------
Adjusted shares 3,898,951 4,047,294 3,883,673 4,036,905
========= ========= ========= =========
EARNINGS PER SHARE $0.02 $0.02 $0.19 $0.16
========= ========= ========= =========
</TABLE>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-END> MAR-31-1996
<CASH> 699
<SECURITIES> 0
<RECEIVABLES> 3,332<F1>
<ALLOWANCES> 190
<INVENTORY> 160
<CURRENT-ASSETS> 4,352
<PP&E> 309<F2>
<DEPRECIATION> 1323
<TOTAL-ASSETS> 6,614
<CURRENT-LIABILITIES> 3,687
<BONDS> 0
0
0
<COMMON> 265
<OTHER-SE> 2,647<F3>
<TOTAL-LIABILITY-AND-EQUITY> 6,614
<SALES> 7,733
<TOTAL-REVENUES> 7,733
<CGS> 2,725<F4>
<TOTAL-COSTS> 7,003
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 150
<INCOME-PRETAX> 583
<INCOME-TAX> 3
<INCOME-CONTINUING> 580
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 580
<EPS-PRIMARY> .19
<EPS-DILUTED> .16
- --------------------
<FN>
<F1> Net receivables
<F2> Net PP&E
<F3> Add'l paid-in capital 8,205+RE(5,558)
<F4> Cost of Systems 1,375 + Cost of Services 1,350
</FN>
</TABLE>