Begin process: 6/29/2018 9:43:22 AM Line of Reasoning Information Dump FUNDAMENTAL ACCOUNTING CONCEPTS CONTINUITY CROSS CHECKS: XBRL Instance : https://www.sec.gov/Archives/edgar/data/713425/000119312518076290/amswa-20180131.xml XBRL Cloud Viewer : https://edgardashboard.xbrlcloud.com/flex/viewer/XBRLViewer.html#instance=http://www.sec.gov/Archives/edgar/data/713425/000119312518076290/amswa-20180131.xml Base Taxonomy version : http://fasb.org/us-gaap/2017-01-31 DEI Taxonomy version : http://xbrl.sec.gov/dei/2014-01-31 ENTITY and DOCUMENT FACTS (explicitly reported): Entity registrant name : AMERICAN SOFTWARE INC CIK : 0000713425 Entity filer category : Accelerated Filer Trading symbol : AMSWA Company fiscal year end: --04-30 Fiscal period focus : Q3 Document type : 10-Q Balance Sheet Date (document period end date): 2018-01-31 Income Statement Period (YTD, current period, period start date): 2017-05-01 to 2018-01-31 Context ID for document period focus (instants): eol_PE6062----1810-Q0004_STD_0_20180131_0 Context ID for YTD period (durations): eol_PE6062----1810-Q0004_STD_276_20180131_0 BALANCE SHEET information which was logically derived: BS-IMPUTE-101: RedeemableNoncontrollingInterest was NOT REPORTED; however, the details were used to logically derived to be: 0 BS-IMPUTE-102: TemporaryEquity was NOT REPORTED; however, the details related to the parent and noncontrolling interest were used to logically derived to be: 0 BS-IMPUTE-106: Noncurrent Assets was NOT REPORTED; however, Assets was reported and Current Assets was reported; therefore Noncurrent Assets was logically derived to be: 57276000 BS-IMPUTE-109: Equity was NOT REPORTED; however, Equity attributable to parent and Equity attributable to noncontrolling interest was NOT reported; therefore Equity was logically derived to be: 112436000 BS-IMPUTE-113: Noncurrent Liabilities was NOT REPORTED; however, Current Liabilities and Liabilities were reported; therefore Noncurrent Liabilities was logically derived to be: 4512000 BS-IMPUTE-120: Equity attributable to noncontrolling interest was NOT REPORTED; however, Equity was reported and Equity attributable to parent were BOTH reported; therefore Equity attributable to noncontrolling interest was logically derived to be: 0 BALANCE SHEET FACTS (explicitly reported and logically derived): Assets: 163923000 Current Assets: 106647000 Noncurrent Assets: 57276000 LiabilitiesAndEquity: 163923000 Liabilities: 51487000 CurrentLiabilities: 46975000 NoncurrentLiabilities: 4512000 CommitmentsAndContingencies: 0 TemporaryEquity: 0 Equity: 112436000 Equity attributable to parent: 112436000 Equity attributable to noncontrolling interest: 0 BALANCE SHEET consistency checks: BS1: 0 Equity(112436000) = EquityAttributableToParent(112436000) + EquityAttributableToNoncontrollingInterest(0) BS2: 0 Assets(163923000) = LiabilitiesAndEquity(163923000) BS3: 0 Assets(163923000) = CurrentAssets(106647000) + NoncurrentAssets(57276000) BS4: 0 Liabilities(51487000)= CurrentLiabilities(46975000) + NoncurrentLiabilities(4512000) BS5: 0 Liabilities and Equity(163923000)= Liabilities(51487000) + CommitmentsAndContingencies(0)+ Equity(112436000) INCOME STATEMENT information that was logically derived: IS-IMPUTE-101: ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic was NOT EXPLICITLY REPORTED; however, details were reported; therefore ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic was logically derived to be: 0 IS-IMPUTE-102: IncomeLossFromDiscontinuedOperationsNetOfTax was NOT EXPLICITLY REPORTED; however, details were reported; therefore IncomeLossFromDiscontinuedOperationsNetOfTax was logically derived to be: 0 IS-IMPUTE-103: NetIncomeLossAttributableToNoncontrollingInterest was NOT EXPLICITLY REPORTED; however, details were reported; therefore NetIncomeLossAttributableToNoncontrollingInterest was logically derived to be: 0 IS-IMPUTE-106: NetIncomeLossAvailableToCommonStockholdersBasic was NOT EXPLICITLY REPORTED; however, details were reported; therefore NetIncomeLossAvailableToCommonStockholdersBasic was logically derived to be: 10785000 IS-IMPUTE-107: IncomeLossFromContinuingOperationsAfterTax was NOT EXPLICITLY REPORTED; however, IncomeLossFromContinuingOperationsBeforeTax details was reported; therefore IncomeLossFromContinuingOperationsAfterTax was logically derived to be: 10785000 IS-IMPUTE-109: NetIncomeLoss was NOT EXPLICITLY REPORTED; however, IncomeLossFromContinuingOperationsAfterTax was reported; therefore NetIncomeLoss was logically derived to be: 10785000 IS-IMPUTE-116: PreferredStockDividendsAndOtherAdjustments was NOT EXPLICITLY REPORTED; however, NetIncomeLossAttributableToParent AND NetIncomeLossAvailableToCommonStockholdersBasic were BOTH reported; therefore PreferredStockDividendsAndOtherAdjustments was logically derived to be: 0 IS-IMPUTE-121: NonoperatingIncomeLoss was NOT EXPLICITLY REPORTED; however, OperatingIncomeLoss AND IncomeLossFromContinuingOperationsBeforeTax were BOTH reported; therefore NonoperatingIncomeLoss was logically derived to be: 2849000 IS-IMPUTE-206: ComprehensiveIncomeLoss was NOT EXPLICITLY REPORTED; however, neither ComprehensiveIncomeLossAttributableToParent nor ComprehensiveIncomeLossAttributableToNoncontrollingInterest were reported; therefore ComprehensiveIncomeLoss was logically derived to be: 10785000 IS-IMPUTE-207: OtherComprehensiveIncomeLoss was NOT EXPLICITLY REPORTED; however, ComprehensiveIncomeLoss was reported; therefore OtherComprehensiveIncomeLoss was logically derived to be: 0 IS-IMPUTE-208: ComprehensiveIncomeLossAttributableToParent was NOT EXPLICITLY REPORTED; however, ComprehensiveIncomeLoss was reported; therefore ComprehensiveIncomeLossAttributableToParent was logically derived to be: 10785000 IS-IMPUTE-209: ComprehensiveIncomeLossAttributableToNoncontrollingInterest was NOT EXPLICITLY REPORTED; however, ComprehensiveIncomeLoss and ComprehensiveIncomeLossAttributableToParent were BOTH reported; therefore ComprehensiveIncomeLossAttributableToNoncontrollingInterest was logically derived to be: 0 INCOME STATEMENT FACTS (explicitly reported and logically derived): Revenues: 83340000 CostOfRevenues: 37063000 GrossProfit: 46277000 OperatingExpenses: 35209000 OtherOperatingIncome: 0 OperatingIncomeLoss: 11068000 NonoperatingIncomeLoss: 2849000 Income (Loss) from Continuing Operations Before Tax: 13917000 Income Tax Expense (Benefit): 3132000 Income (Loss) from Continuing Operations After Tax: 10785000 Income (Loss) from Discontinued Operations: 0 Net Income (Loss): 10785000 Net Income (Loss) Attributable to Parent: 10785000 Net Income (Loss) Attributable to Noncontrolling Interest: 0 Preferred Stock Dividends and Other Adjustments: 0 Net Income (Loss) Available to Common Stockholders, Basic: 10785000 Other Comprehensive Income: 0 Comprehensive Income: 10785000 Comprehensive Income Attributable to Parent: 10785000 Comprehensive Income Attributable to Noncontrolling Interest: 0 INCOME STATEMENT consistency checks: IS1: 0 GrossProfit(46277000) = Revenues(83340000) - CostOfRevenues(37063000) IS2: 0 OperatingIncomeLoss(11068000) = GrossProfit(46277000) - OperatingExpenses(35209000) + OtherOperatingIncome(0) IS3: 0 (Not used) IS4: 0 IncomeLossFromContinuingOperationsBeforeTax(13917000) = OperatingIncomeLoss(11068000) + NonoperatingIncomeLoss(2849000) IS5: 0 IncomeLossFromContinuingOperationsAfterTax(10785000) = IncomeLossFromContinuingOperationsBeforeTax(13917000) - IncomeTaxExpenseBenefit(3132000) IS6: 0 NetIncomeLoss(10785000) = IncomeLossFromContinuingOperationsAfterTax(10785000) + IncomeLossFromDiscontinuedOperationsNetOfTax(0) IS7: 0 NetIncomeLoss(10785000) = NetIncomeLossAttributableToParent(10785000) + NetIncomeLossAttributableToNoncontrollingInterest(0) IS8: 0 NetIncomeLossAvailableToCommonStockholdersBasic(10785000) = NetIncomeLossAttributableToParent(10785000) - PreferredStockDividendsAndOtherAdjustments(0) IS9: 0 ComprehensiveIncomeLoss(10785000) = ComprehensiveIncomeLossAttributableToParent(10785000) + ComprehensiveIncomeLossAttributableToNoncontrollingInterest(0) IS10: 0 ComprehensiveIncomeLoss(10785000) = NetIncomeLoss(10785000) + OtherComprehensiveIncomeLoss(0) CASH FLOW STATEMENT information that was logically derived: CF-IMPUTE-105: NetCashFlowsOperating was NOT EXPLICITLY REPORTED; however, the continuing and discontinued portions were reported; therefore NetCashFlowsOperating was logically derived to be: 5351000 CF-IMPUTE-106: NetCashFlowsInvesting was NOT EXPLICITLY REPORTED; however, the continuing and discontinued portions were reported; therefore NetCashFlowsInvesting was logically derived to be: -13318000 CF-IMPUTE-107: NetCashFlowsFinancing was NOT EXPLICITLY REPORTED; however, the continuing and discontinued portions were reported; therefore NetCashFlowsFinancing was logically derived to be: -3122000 CF-IMPUTE-108: NetCashFlowsDiscontinued was NOT EXPLICITLY REPORTED; however, the operating, investing, and financing detail items were reported; therefore NetCashFlowsFinancing was logically derived to be: 0 CF-IMPUTE-109: NetCashFlowsContinuing was NOT EXPLICITLY REPORTED; however, NetCashFlow was reported; therefore NetCashFlowsContinuing was logically derived to be: -11089000 CASH FLOW STATEMENT FACTS (explicitly reported and logically derived): Net Cash Flow: -11089000 Net Cash Flow, Operating: 5351000 Net Cash Flow, Investing: -13318000 Net Cash Flow, Financing: -3122000 Net Cash Flow, Operating, Continuing: 5351000 Net Cash Flow, Investing, Continuing: -13318000 Net Cash Flow, Financing, Continuing: -3122000 Net Cash Flow, Operating, Discontinued: 0 Net Cash Flow, Investing, Discontinued: 0 Net Cash Flow, Financing, Discontinued: 0 Net Cash Flow, Continuing: -11089000 Net Cash Flow, Discontinued: 0 Exchange Gains (Losses): 0 CASH FLOW STATEMENT consistency checks: CF1: 0 NetCashFlow(-11089000) = (NetCashFlowsOperating(5351000) + (NetCashFlowsInvesting(-13318000) + (NetCashFlowsFinancing(-3122000) + ExchangeGainsLosses(0) CF2: 0 NetCashFlowsContinuing(-11089000) = NetCashFlowsOperatingContinuing(5351000) + NetCashFlowsInvestingContinuing(-13318000) + NetCashFlowsFinancingContinuing(-3122000) CF3: 0 NetCashFlowsDiscontinued(0) = NetCashFlowsOperatingDiscontinued(0) + NetCashFlowsInvestingDiscontinued(0) + NetCashFlowsFinancingDiscontinued(0) CF4: 0 NetCashFlowsOperating(5351000) = NetCashFlowsOperatingContinuing(5351000) + NetCashFlowsOperatingDiscontinued(0) CF5: 0 NetCashFlowsInvesting(-13318000) = NetCashFlowsInvestingContinuing(-13318000) + NetCashFlowsInvestingDiscontinued(0) CF6: 0 NetCashFlowsFinancing(-3122000) = NetCashFlowsFinancingContinuing(-3122000) + NetCashFlowsFinancingDiscontinued(0) KEY RATIOS: ROA:0.066 ROE:0.096 ROS:0.129 SGR:0.106 Process completed successfully End process: 6/29/2018 9:43:22 AM