-----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, IZ/PoTrAQj+/I2XaKdC8lH9aGG3lfWoZhe4HWuB8tiGUsuQBzbfRe3osDY2JJqnV zykF4X7xB6iNArs22uYLsw== 0000950137-05-003928.txt : 20050331 0000950137-05-003928.hdr.sgml : 20050331 20050331114948 ACCESSION NUMBER: 0000950137-05-003928 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050331 DATE AS OF CHANGE: 20050331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SPSS INC CENTRAL INDEX KEY: 0000869570 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 362815480 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22194 FILM NUMBER: 05717614 BUSINESS ADDRESS: STREET 1: 233 S WACKER DR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3123292400 MAIL ADDRESS: STREET 1: 233 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 11-K 1 c93668e11vk.txt ANNUAL REPORT ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------- FORM 11-K [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] FOR THE FISCAL YEAR ENDED DECEMBER 31, 2004 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] FOR THE TRANSITION PERIOD FROM TO ----------------- -------------------- COMMISSION FILE NUMBER: 33-64732 ---------------- SPSS INC. NON-QUALIFIED EMPLOYEE STOCK PURCHASE PLAN 233 S. WACKER DRIVE, 11TH FLOOR, CHICAGO, ILLINOIS 60606 REGISTRANT'S TELEPHONE NUMBER INCLUDING AREA CODE: (312) 651-3000 (Name and Address of Issuer) SPSS INC. 233 S. WACKER DRIVE, 11TH FLOOR, CHICAGO, ILLINOIS 60606 ================================================================================ REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM The Administrative Committee SPSS Inc. Non-Qualified Employee Stock Purchase Plan: We have audited the accompanying statement of net assets available for benefits of SPSS Inc. Non-Qualified Employee Stock Purchase Plan (the Plan) as of December 31, 2004, and the related statement of changes in net assets available for benefits for the year ended December 31, 2004. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan's internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of SPSS Inc. Non-Qualified Employee Stock Purchase Plan as of December 31, 2004, and the changes in net assets available for benefits for the year ended December 31, 2004, in conformity with U.S. generally accepted accounting principles. KPMG LLP Chicago, Illinois March 30, 2005 2 SPSS INC. NON-QUALIFIED EMPLOYEE STOCK PURCHASE PLAN STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS DECEMBER 31, 2004
2004 ---------- Due from Sponsor $ 112,328 ---------- Net assets available for benefits $ 112,328 ----------
See accompanying notes to financial statements. 3 SPSS INC. NON-QUALIFIED EMPLOYEE STOCK PURCHASE PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS FOR THE YEARS ENDED DECEMBER 31, 2004
2004 --------- Additions to net assets attributed to: Participant contributions $ 337,918 Employer contributions 59,578 --------- 397,496 Deductions from net assets attributed to: Purchases of SPSS Inc. common stock (285,168) --------- Net increase 112,328 Net assets available for benefits: Beginning of year -- --------- End of year $ 112,328 =========
See accompanying notes to financial statements. 4 SPSS INC. NON-QUALIFIED EMPLOYEE STOCK PURCHASE PLAN Notes to Financial Statements December 31, 2004 (1) DESCRIPTION OF PLAN The following description of the SPSS Inc. Non-Qualified Employee Stock Purchase Plan (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan's provisions. GENERAL The Plan was established in September 2000 to allow all hourly and salaried employees of SPSS Inc. (the Company or Sponsor) to acquire shares of the Company's common stock on a quarterly basis through payroll deductions at a price equal to 85% of the market price as described below. To participate in the Plan, employees must be employed prior to the end of the enrollment period for that quarter. No SPSS employee participated in this Plan until 2004. USE OF ESTIMATES Management of the Company has made a number of estimates and assumptions relating to the reporting of Plan assets and the disclosure of contingent assets and liabilities at the date of the statement of net assets available for benefits and changes during the reporting periods. Actual results could differ from those estimates. CONTRIBUTIONS Participants may contribute up to 10% of their base salary, bonuses and commissions to the Plan. At the end of each quarter, the total funds deducted from participants' pay checks are used to purchase SPSS Inc. common stock. The Plan calculates the share purchase price as 85% of the lower of i) the closing market price of the stock on the first trading day of the quarter or ii) the closing market price for the stock on the last trading day of the quarter. The remaining 15% represents the Company's portion of the share purchase price to the participant. USE OF FUNDS All contributions to the Plan are used to purchase shares of SPSS Inc. common stock. VESTING Participants are entitled to all rights as an SPSS stockholder with respect to any stock issued to the Participant, including the right to vote such shares. NUMBER OF PARTICIPANTS There were 65 participants in the Plan as of December 31, 2004. WITHDRAWALS Participants can withdraw from the Plan at any time prior to the end of a calendar quarter and receive a refund of money deducted from their salary, bonus or commission and not yet invested in stock. TERMINATION OF THE PLAN The Board of Directors of SPSS Inc. has the right to terminate the plan at any time. 5 SPSS INC. NON-QUALIFIED EMPLOYEE STOCK PURCHASE PLAN Notes to Financial Statements December 31, 2004 (2) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION The accompanying financial statements have been prepared on the accrual basis of accounting and present the net assets available for benefits and the changes in those net assets. INVESTMENTS Participants' contributions are under the control of the Company, and may be maintained as a single fund or commingled with other funds. CONTRIBUTIONS Participants' contributions are recorded when withheld from the participants' paychecks by the Company. These contributions are invested in SPSS Inc. common stock on a quarterly basis. No interest is paid or accrued on amounts withheld through payroll deductions under the Plan. Due from Sponsor represents payroll deductions from participants during the fourth calendar quarter of each year. Due from Sponsor is short-term in nature, and accordingly, its carrying value approximates fair value. (3) FEDERAL INCOME TAXES All taxes for the Plan are incurred by the participants. The beginning basis in the stock is the amount paid to acquire the stock, or 85% of the total price, plus the amount on which the employee is taxed as a result of the receipt of the stock, or 15% of the total price. (4) ADMINISTRATIVE EXPENSES All administrative expenses relating to the Plan are paid by the Company. (5) SUBSEQUENT EVENT Beginning in 2005, contributions and stock purchases within this Plan have been suspended while the Company reviews alternative stock purchase plan options for its employees. 6 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Administrative Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized. SPSS Inc. Non-Qualified Employee Stock Purchase Plan March 31, 2005 By: /s/ Robert J. Brinkmann ------------------------------------------------ Robert J. Brinkmann Plan Administrator 7 EXHIBIT INDEX
INCORPORATION EXHIBIT BY REFERENCE NUMBER DOCUMENT DESCRIPTION (IF APPLICABLE) - ------ -------------------- --------------- 23.1 Consent of Registered Independent Public Accounting Firm 99.3 SPSS Inc. Non-Qualified Employee Stock Purchase Plan *
- ------------ * Previously filed as Exhibit 10.47 to the Company's Registration Statement on Form S-4, filed December 19, 2000 (File No. 333-52216). 8 EX-23.1 2 c93668exv23w1.txt CONSENT OF REGISTERED INDEPENDENT PUBLIC ACCOUNTING FIRM EXHIBIT 23.1 CONSENT OF REGISTERED INDEPENDENT PUBLIC ACCOUNTING FIRM The Administrative Committee SPSS Inc. Non-Qualified Employee Stock Purchase Plan: We consent to the incorporation by reference in the registration statement on Form S-8 (no. 333-57168) of SPSS Inc. of our report dated March 30, 2005, relating to the statement of net assets available for benefits of the SPSS Inc. Non-Qualified Employee Stock Purchase Plan as of December 31, 2004, and the related statement of changes in net assets available for benefits for the year ended December 31, 2004, which report appears in the December 31, 2004 annual report on Form 11-K of the SPSS Inc. Non-Qualified Employee Stock Purchase Plan. /s/ KPMG LLP Chicago, Illinois March 30, 2005 -----END PRIVACY-ENHANCED MESSAGE-----