Amdocs Files 6-K for Q4 2023, Confirms 20-F Annual Reporting

TL;DR

**Amdocs just filed a 6-K for Q4 2023, confirming they're a foreign private issuer and will file annual reports on Form 20-F.**

AI Summary

Amdocs Ltd. filed a Form 6-K with the SEC on February 20, 2024, for the quarter ended December 31, 2023. The filing indicates Amdocs, a foreign private issuer, will file annual reports under Form 20-F. The company's principal executive offices are located in Guernsey, with an additional address in Saint Louis, Missouri.

Why It Matters

This filing provides transparency on Amdocs's regulatory compliance and reporting structure as a foreign private issuer, which is important for investors to understand its operational and legal framework.

Risk Assessment

Risk Level: low — This is a routine regulatory filing that does not disclose any new material risks or financial performance data.

Key Players & Entities

• AMDOCS LTD (company) — Filer of the 6-K
• December 31, 2023 (date) — End of the reporting period
• February 20, 2024 (date) — Filing date
• Guernsey (location) — Location of principal executive offices
• Saint Louis, Missouri (location) — Location of additional principal executive offices

FAQ

Key Financial Figures

• $2,825 — 4,785 $ 143,007 (1) Net of tax of $2,825 and $563 for the three months ended Dec
• $563 — 143,007 (1) Net of tax of $2,825 and $563 for the three months ended December 31,
• $0.435 — (158,525 ) Cash dividends declared ($0.435 per ordinary share) — &#x201
• $0.395 — (100,021 ) Cash dividends declared ($0.395 per ordinary share) — &#x201
• $20,650 — erivatives, net of tax, of $(7,469) and $20,650 unrealized loss on short-term interest-
• $11,529 — est-bearing investments, net of tax, of $11,529 and $35,387, and unrealized loss on def
• $35,387 — investments, net of tax, of $11,529 and $35,387, and unrealized loss on defined benefit
• $2,392 — on defined benefit plan, net of tax, of $2,392 and $3,099, respectively. (2) Startin
• $3,099 — benefit plan, net of tax, of $2,392 and $3,099, respectively. (2) Starting fiscal ye
• $75,000 — gate net consideration of approximately $75,000 in cash, and a potential for additional
• $88,845 — alues for Astadia, the Company recorded $88,845 of goodwill, $27,677 of customer relati
• $27,677 — e Company recorded $88,845 of goodwill, $27,677 of customer relationships to be amortiz
• $8,001 — amortized over approximately six years, $8,001 of core technology to be amortized over
• $1,784 — ized over approximately four years, and $1,784 of trademark to be amortized over appro
• $21,752 — (net of allowances for credit losses of $21,752 and $19,801 as of December 31, 2023 and

Filing Documents

• 6k_q1_24.htm (6-K) — 1309KB
• 0000950170-24-017098.txt ( ) — 1310KB

FINANCIAL INFORMATION

PART I FINANCIAL INFORMATION 3

Financial Statements

Item 1. Financial Statements 3 Unaudited Consolidated Financial Statements Consolidated Balance Sheets 3 Consolidated Statements of Income 4 Consolidated Statements of Comprehensive Income 5 Consolidated Statements of Changes in Equity 6 Consolidated Statements of Cash Flows 7 Notes to Unaudited Consolidated Financial Statements 8

Operating and Financial Review and Prospects

Item 2. Operating and Financial Review and Prospects 20

OTHER INFORMATION

PART II OTHER INFORMATION 27

Changes in Securities, Use of Proceeds and Issuer Purchases of Equity Securities

Item 1. Changes in Securities, Use of Proceeds and Issuer Purchases of Equity Securities 27

Reports on Form 6-K

Item 2. Reports on Form 6-K 27

SIGNATURES

SIGNATURES 27 This report on Form 6-K shall be incorporated by reference into any Registration Statement filed by the Registrant that by its terms automatically incorporates the Registrant's filings and submissions with the SEC under Sections 13(a), 13(c) or 15(d) of the Securities Exchange Act of 1934. 2

FINAN CIAL INFORMATION

PART I FINAN CIAL INFORMATION

F inancial Statements

Item 1. F inancial Statements AMDOCS LIMITED CONSOLI DATED BALANCE SHEETS (dollar and share amounts in thousands, except per share data) As of December 31, 2023 September 30, 2023 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 382,885 $ 520,080 Short-term interest-bearing investments 218,043 222,451 Accounts receivable, net 1,029,294 944,477 Prepaid expenses and other current assets 215,914 224,622 Total current assets 1,846,136 1,911,630 Property and equipment, net 776,629 790,923 Lease assets 163,181 160,938 Goodwill 2,836,030 2,749,041 Intangible assets, net 204,562 181,539 Other noncurrent assets 645,128 631,582 Total assets $ 6,471,666 $ 6,425,653 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 278,627 $ 293,344 Accrued expenses and other current liabilities 749,882 634,742 Accrued personnel costs 216,037 214,695 Lease liabilities 41,361 39,960 Deferred revenue 149,826 170,634 Total current liabilities 1,435,733 1,353,375 Deferred income taxes and taxes payable 198,577 252,609 Lease liabilities 117,155 121,654 Long-term debt, net of unamortized debt issuance costs 645,844 645,696 Other noncurrent liabilities 472,004 485,387 Total liabilities 2,869,313 2,858,721 Equity: Amdocs Limited Shareholders' equity: Preferred Shares — Authorized 25,000 shares; 0.01 par value; 0 shares issued and outstanding — — Ordinary Shares — Authorized 700,000 shares; 0.01 par value; 287,379 and 286,330 issued and 116,502 and 117,348 outstanding, respectively 4,584 4,571 Additional paid-in capital 4,294,652 4,244,256 Treasury stock, at cost 170,877 and 168,982 ordinary shares, respectively (7,379,838 ) (7,221,313 ) Accumulated other comprehensive loss (6,452 ) (53,272 ) Retained earnings 6,646,799 6,549,517 Total A

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