-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SkSTCl2FoVpHB2VfXvSp36KGD2EHUjIVbq5LiCmXQq2D+hUo/ogydwYsxLlL3Tv8 vot5OBm/qtFGlyZLYZqzxQ== 0000891618-98-001660.txt : 19980413 0000891618-98-001660.hdr.sgml : 19980413 ACCESSION NUMBER: 0000891618-98-001660 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980410 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980410 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRATED SILICON SOLUTION INC CENTRAL INDEX KEY: 0000854701 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770199971 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23084 FILM NUMBER: 98591603 BUSINESS ADDRESS: STREET 1: 2231 LAWSON LANE CITY: SANTA CLARA STATE: CA ZIP: 95054-3311 BUSINESS PHONE: 4087334774 MAIL ADDRESS: STREET 1: 680 ALMANOR AVE CITY: SUNNYVALE STATE: CA ZIP: 94086 8-K 1 FORM 8-K 1 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 Date of Report (Date of earliest event reported) April 10, 1998 INTEGRATED SILICON SOLUTION, INC. ------------------------------------------------------ (Exact name of Registrant as specified in its charter)
DELAWARE 0-23084 77-0199971 - ------------------------------- ------------------- ------------------------------------ (State or other jurisdiction of Commission File No. (I.R.S. Employer Identification No.) incorporation or organization)
2231 Lawson Lane, Santa Clara, California 95054. - ---------------------------------------- -------- (Address of principal executive offices) zip code Registrant's telephone number, including area code (408) 588-0800 Not applicable - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 ITEM 5. OTHER EVENTS Registrant is filing this Form 8-K solely for the purpose of disclosing the effect of the adoption of FAS 128, "Earnings per Share", on its Annual Report on Form 10-K for the fiscal year ended September 30, 1997 (the 1997 Form 10-K) and the related restatement of earnings per share thereon, so that such information may be incorporated by reference into future filings. Restatement of selected financial data is for the fiscal quarters in each of the years ended September 30, 1997 and September 30, 1996 and the five fiscal years ended September 30, 1997, and related disclosures as prescribed by FAS 128 for the three years ended September 30, 1997. Restatement of selected data as relates to the adoption of FAS 128 "Earnings per Share" is attached hereto as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits 99.1 Restatement of selected data as relates to the adoption of FAS 128, "Earnings per Share". 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. INTEGRATED SILICON SOLUTION, INC. /s/ Gary L. Fischer ------------------------------- Gary L. Fischer Executive Vice President, Office of the President and Chief Financial Officer Date: April 10, 1998 1 3 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION - ------- ----------- 99.1 Restatement of selected data as relates to the adoption of FAS 128, "Earnings per share". EX-99.1 2 RESTATEMENT OF SELECTED DATA 1 EXHIBIT 99.1 In 1997, the Financial Accounting Standards Board issued Statement No. 128, "Earnings Per Share" (FAS 128). FAS 128 replaced the calculation of primary and fully diluted earnings per share with basic and diluted earnings per share. Unlike primary earnings per share, basic earnings per share excludes any dilutive effects of options, warrants and convertible securities. Diluted earnings per share is very similar to the previously reported fully diluted earnings per share. Earnings per share amounts for all periods have been restated to conform to FAS 128 requirements. QUARTERLY FINANCIAL INFORMATION The following information restates income (loss) per share amounts under Item 8 of the Company's 1997 Form 10-K.
Dec. 31, Mar. 31, June 30, Sept. 30, 1996 1997 1997 1997 -------- -------- -------- -------- Net loss per share as previously reported $ (0.09) $ (0.08) $ (0.22) $ (0.03) Net loss per share restated: Basic and diluted loss per share $ (0.09) $ (0.08) $ (0.22) $ (0.03)
Dec. 31, Mar. 31, June 30, Sept. 30, 1995 1996 1996 1996 -------- -------- -------- -------- Net income (loss) per share as previously reported $ 0.56 $ 0.28 $ (0.60) $ (0.22) Net income (loss) per share restated: Basic income (loss) per share $ 0.59 $ 0.29 $ (0.60) $ (0.22) Diluted income (loss) per share $ 0.56 $ 0.28 $ (0.60) $ (0.22)
FISCAL YEAR INFORMATION The following information restates net income (loss) per share amounts under Item 6 of the Company's 1997 Form 10-K.
Fiscal Year Ended September 30, 1997 1996 1995 1994 1993 -------- -------- -------- -------- -------- Net income (loss) per share as previously reported (1) $ (0.43) $ 0.06 $ 1.79 $ 0.34 -- Net income (loss) per share restated: Basic income (loss) per share (1) $ (0.43) $ 0.06 $ 1.98 $ 0.37 -- Diluted income (loss) per share $ (0.43) $ 0.06 $ 1.80 $ 0.34 --
- --------------------------- (1) Prior to 1994, Statements of Operations omit net income per share as it was not presented in the Company's initial public offering registration statement. Pro forma basic income per share is presented for fiscal 1994 and 1995. 2 FAS 128 DISCLOSURE The calculation of Basic and Diluted income (loss) per share for each of the three years ended September 30, 1997 are as follows:
Years Ended September 30, 1997 1996 1995 -------- -------- -------- In thousands, except per share data Net income (loss) $ (7,686) $ 1,015 $ 29,653 ======== ======== ======== Denominator for basic and proforma basic income (loss) per share: Weighted average common shares outstanding 17,748 17,457 12,140 Preferred stock (Proforma for 1995) -- -- 2,805 -------- -------- -------- Denominator for basic and proforma basic income (loss) per share 17,748 17,457 14,945 Dilutive options and warrants: Options -- 899 1,472 Warrants -- -- 30 -------- -------- -------- Denominator for diluted income (loss) per share 17,748 18,356 16,447 ======== ======== ======== Basic income (loss) per share (Proforma in 1995) $ (0.43) $ 0.06 $ 1.98 ======== ======== ======== Diluted income (loss) per share $ (0.43) $ 0.06 $ 1.80 ======== ======== ========
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