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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
June 23, 2004
Date of Report (Date of earliest event reported)
ACXIOM CORPORATION
(Exact name of Registrant as Specified in Charter)
Delaware 0-13163 71-0581897
(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
1 Information Way, P. O. Box 8180
Little Rock, AR 72203-8180
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 501-342-1000
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
99.1 Condensed Consolidated Statements of Earnings
ITEM 9. REGULATION FD DISCLOSURE.
In the Annual Report on Form 10-K for the fiscal year ended March 31, 2004 and filed with the Securities and Exchange
Commission on June 14, 2004, Acxiom Corporation (the "Company") reclassified its statement of operations format to provide
consolidated revenue along with revenue and cost of revenue for services and data. Such reclassifications had no effect on net
earnings as previously reported. The attached schedule provides quarterly statements of earnings (unaudited) for the fiscal year
ended March 31, 2004 reflecting the new presentation format and should be read in conjunction with the Company's audited
consolidated financial statements (and accompanying footnotes) contained in the Form 10-K.
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SIGNATURE
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 hereunto duly authorized.
Dated: June 23, 2004
ACXIOM CORPORATION
By: /s/ Jerry C. Jones
--------------------------------
Name: Jerry C. Jones
Title: Business Development/Legal Leader
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FORM 8-K
Exhibit
Number Description
99.1 Condensed Consolidated Statements of Earnings
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ACXIOM CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
(Unaudited)
(Dollars in thousands, except per share amounts)
For the For the For the For the For the
First Quarter Second Quarter Third Quarter Fourth Quarter Year
ended ended ended ended ended
June 30, September 30, December 31, March 31, March 31,
2003 2003 2003 2004 2004
------------- -------------- ------------- -------------- -------------
Revenue:
Services $ 192,514 $ 190,098 $ 196,407 $ 199,135 $ 778,154
Data 44,168 50,998 58,800 78,702 232,668
------------- -------------- ------------- -------------- -------------
Total revenue 236,682 241,096 255,207 277,837 1,010,822
Operating costs and expenses:
Cost of revenue
Services 158,755 154,429 157,058 165,194 635,436
Data 34,637 36,556 36,714 54,764 162,671
------------- -------------- ------------- -------------- -------------
Total cost of revenue 193,392 190,985 193,772 219,958 798,107
Selling, general and administrative 33,064 27,395 27,100 31,017 118,576
Gains, losses and nonrecurring items, net (1,008) - (3,000) 4,863 855
------------- -------------- ------------- -------------- -------------
Total operating costs and expenses 225,448 218,380 217,872 255,838 917,538
------------- -------------- ------------- -------------- -------------
Income (loss) from operations 11,234 22,716 37,335 21,999 93,284
------------- -------------- ------------- -------------- -------------
Other income (expense):
Interest expense (4,765) (4,889) (4,702) (4,911) (19,267)
Other, net 765 121 (456) (7,154) (6,724)
------------- -------------- ------------- -------------- -------------
Total other income (expense) (4,000) (4,768) (5,158) (12,065) (25,991)
------------- -------------- ------------- -------------- -------------
Earnings (loss) before income taxes 7,234 17,948 32,177 9,934 67,293
Income taxes (4,029) 6,731 12,233 (5,986) 8,949
------------- -------------- ------------- -------------- -------------
Net earnings (loss) $ 11,263 $ 11,217 $ 19,944 $ 15,920 $ 58,344
============= ============== ============= ============== =============
Earnings (loss) per share:
Basic $ 0.13 $ 0.13 $ 0.23 $ 0.19 $ 0.68
============= ============== ============= ============== =============
Diluted $ 0.13 $ 0.13 $ 0.22 $ 0.17 $ 0.64
============= ============== ============= ============== =============