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...its financial results relating a particular aspect of the Company's application of Statement of Position (SOP) 97-2 "Software Revenue Recognition" with respect to the concept of constructive cancellation of undelivered elements in multiple element arrangements.
As a result of the restatement, some previously recognized revenues have been shifted to earlier or later quarters (resulting in a change to previously reported deferred revenue) and others have been reclassified to deferred revenue at September 30, 2003 and will be recognized in periods subsequent to fiscal 2003 in accordance with SOP 97-2. In addition, certain previously deferred revenues and related deferred costs have been recognized as revenue and expenses in the restatement period. The restatement also gives effect to the recognition of a deferred tax liability and a corresponding increase in goodwill associated with the acquisition of Intellidata, Inc. in...
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