AVID-12.31.2011-10K/A


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________
FORM 10-K/A
 
(Mark One)
 
 
 
x
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the fiscal year ended December 31, 2011
 
 
OR
 
 
¨
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the transition period from __________ to __________
 
Commission File Number:  0-21174
__________________
Avid Technology, Inc.
(Exact Name of Registrant as Specified in Its Charter)
 
Delaware
(State or Other Jurisdiction of
Incorporation or Organization)
 
04-2977748
(I.R.S. Employer
Identification No.)
 
75 Network Drive
Burlington, Massachusetts  01803
(Address of Principal Executive Offices, Including Zip Code)

(978) 640-6789
(Registrant’s Telephone Number, Including Area Code)
Securities Registered Pursuant to Section 12(b) of the Act:
 
Title of Each Class
 
Name of Exchange on Which Registered
 
 
Common Stock, $.01 Par Value
 
NASDAQ Global Select Market
 
Securities Registered Pursuant to Section 12(g) of the Act:  None
__________________
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes ¨   No x
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes ¨   No x
Indicate by check mark whether the registrant:  (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.  Yes x   No ¨
Indicate by check mark whether the registrant has submitted and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes x   No ¨
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. x
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
 
Large Accelerated Filer x
Non-accelerated Filer ¨
(Do not check if smaller reporting company)
 
Accelerated Filer ¨
Smaller Reporting Company ¨
 
 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes £   No S
The aggregate market value of the voting stock held by non-affiliates of the registrant was approximately $721,477,000 based on the closing price of the Common Stock on the NASDAQ Global Select Market on June 30, 2011.  The number of shares outstanding of the registrant’s Common Stock as of February 24, 2012 was 38,686,841.
 
DOCUMENTS INCORPORATED BY REFERENCE
 
 
Document Description
 
10-K Part
 
 
Portions of the Registrant’s Proxy Statement for the 2012 Annual Meeting of Stockholders
 
III
 





EXPLANATORY NOTE

This amendment No. 1 to the Annual Report on Form 10-K of Avid Technology, Inc. (the "Company"), amends the Company's Annual Report on Form 10-K for the year ended December 31, 2011 (the "Original Filing"), which was filed with the Securities and Exchange Commission on February 29, 2012. The Company is filing this Amendment No. 1 solely to provide Exhibit 101 that was not included in the Original Filing.

No other changes have been made to the Form 10-K other than those described above. This Amendment No. 1 does not reflect subsequent events occurring after the original filing date of the Form 10-K or modify or update in any way the disclosures made in the Form 10-K.

Exhibit 101 includes information about the Company's Extensible Business Reporting Language, or XBRL, including:
 
•
 
101.INS XBRL Instance Document;
 
•
 
101.SCH XBRL Taxonomy Extension Schema Document;
 
•
 
101.CAL XBRL Taxonomy Extension Calculation Linkbase Document;
 
•
 
101.DEF XBRL Taxonomy Extension Definition Linkbase Document;
 
•
 
101.LAB XBRL Taxonomy Extension Label Linkbase Document; and
 
•
 
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document.



1


PART IV

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

(a) (3) Exhibits

Exhibit Number
 
Description
101.INS*
 
XBRL Instance Document
101.SCH*
 
XBRL Taxonomy Extension Schema Document;
101.CAL*
 
XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*
 
XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*
 
XBRL Taxonomy Extension Label Linkbase Document
101.PRE*
 
XBRL Taxonomy Extension Presentation Linkbase Document
_____________________________________________
* Filed herewith     



2


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.

 
 
AVID TECHNOLOGY, INC.
 
 
 
(Registrant)
 
 
 
 
 
 
 
 
 
 
Date: March 27, 2012
By:
/s/ Ken Sexton                             
 
 
 
 
Ken Sexton
Executive Vice President, Chief Financial Officer and Chief Administrative Officer
 



3



EXHIBIT INDEX


Exhibit Number
 
Description
101.INS*
 
XBRL Instance Document
101.SCH*
 
XBRL Taxonomy Extension Schema Document;
101.CAL*
 
XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*
 
XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*
 
XBRL Taxonomy Extension Label Linkbase Document
101.PRE*
 
XBRL Taxonomy Extension Presentation Linkbase Document
_____________________________________________
* Filed herewith