Acxiom Form 8-K : May 14, 2003
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
May 14, 2003
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 (IRS Employer Identification
Incorporation) Number) No.)
1 Information Way, P.O. Box 8180, Little Rock, Arkansas 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 Press Release dated May 14, 2003
ITEM 9. REGULATION FD DISCLOSURE.
See Item 12. Results of Operations and Financial Condition.
ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On May 14, 2003, Acxiom Corporation (the "Company") issued a press release reporting its revenue and
earnings for the fourth quarter and fiscal year ended March 31, 2003. The press release is furnished herewith
as Exhibit 99.1 and incorporated by reference herein.
The Company's press release and other communications from time to time include certain non-GAAP
financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial
performance, financial position or cash flows that excludes (or includes) amounts that are included in (or
excluded from) the most directly comparable measure calculated and presented in accordance with GAAP in the
Company's financial statements. The attached press release utilizes measures of earnings per share before giving
effect to certain write-offs that were taken during the relevant periods and measures of free cash flow.
The Company's management believes that the presentation of earnings per share (before write-offs)
provides useful information regarding the Company's financial performance and earnings potential by calculating
and quantifying the effect of certain write-offs on earnings per share calculated in accordance with GAAP and
gives investors insight into the profitability of the Company's operating business. Management also believes
that the presentation of the non-GAAP financial measure is consistent with its past practice, as well as industry
practice in general, and will enable investors and analysts to compare current non-GAAP measures with non-GAAP
measures presented in prior periods.
Free cash flow is defined as operating cash flow less cash used by investing activities excluding the
impact of investments in joint ventures and other business alliances and cash paid and/or received in
acquisitions and dispositions. The Company's management believes that free cash flow provides a useful measure
of operating performance for assessing the amount of cash available for general corporate and strategic purposes
after funding operating activities and capital expenditures, capitalized software expenses, and deferred costs.
The attached press release contains a quantitative reconciliation of each non-GAAP financial measure
used by the Company to the comparable GAAP measure. The non-GAAP financial measures used by the Company in the
2
attached press release may not be comparable to similarly titled measures used by other companies and should not
be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.
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: May 14, 2003
ACXIOM CORPORATION
By: /s/ Jerry C. Jones
-----------------------------------------
Name: Jerry C. Jones
Title: Business Development/Legal Leader
3
EXHIBIT INDEX
Exhibit Number Description
99.1 Press Release of the Company dated May 14, 2003.
4