SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
(MARK ONE)
[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
For the fiscal year ended June 30, 1997
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from _____________ to _____________
Commission Number 0-14112
JACK HENRY & ASSOCIATES, INC.
(Exact name of registrant as specified in its charter)
Delaware 43-1128385
(State or other jurisdiction of (I.R.S.
Employer
incorporation or organization) Identifica-
tion No.)
663 Highway 60, P. O. Box 807, Monett, MO 65708
(Address of principal executive offices)
Registrant's telephone number
including area code: (417) 235-6652
Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
Common Stock ($.01 par value)
(Title of Class)
Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the Registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes x No
As of August 12, 1997, Registrant had 18,753,044 shares of Common Stock
outstanding ($.01 par value). On that date, the aggregate market value of the
Common Stock held by persons other than those who may be deemed affiliates of
Registrant was $312,000,000 (based on the average of the reported high and low
sales prices on NASDAQ on such date).
THIS IS THE 1ST AMENDMENT TO OUR 10/K. AN ERROR WAS MADE IN FOOTNOTE 11 -
RECONCILIATION OF INCOME FROM CONTINUING OPERATIONS TO NET CASH PROVIDED
BY CONTINUING OPERATING ACTIVITIES. THE CORRECTED TABLE FOLLOWS.
NOTE 11: RECONCILIATION OF INCOME FROM CONTINUING OPERATIONS TO NET CASH
PROVIDED BY CONTINUING OPERATING ACTIVITIES
A reconciliation of income from continuing operations to net cash provided by
continuing operating activities is as follows:
Year ended June 30,
1997 1996 1995
(In thousands)
Income from continuing operations $15,755 $12,268 $7,978
Adjustments to reconcile income from
continuing operations to net cash provided by
operating activities:
Depreciation and amortization 4,071 3,562 2,077
Provision for deferred income taxes 316 424 370
(Gain)loss on sale of fixed assets (4) 3 1
Realized gains on investments - - (24)
Other, net 91 81 78
(Increase) decrease in assets:
Trade receivables (5,721) 760 (2,617)
Prepaid expenses and other (987) (1,424) (248)
Increase (decrease) in liabilities:
Accounts payable 601 (2,903) 1,757
Accrued expenses 755 1,825 139
Income taxes 0 (843) (401)
Deferred revenues 4,603 918 547
Total adjustments $ 3,725 $2,403 $ 1,679
Net cash provided by continuing operating $19,480 $14,671 $9,657
activities
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following person on behalf of the registrant and
in the capacity and on the date indicated:
SIGNATURE CAPACITY DATE
/s/ Terry W. Thompson Vice President, October 3, 1997
Terry W. Thompson Treasurer and
Chief Financial
Officer
(Principal
Accounting
Officer)