Avid 1997 Annual Report Download - page 52

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45
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE
Not applicable.
PART III
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
The response to this item is contained in part under the caption "EXECUTIVE OFFICERS OF THE COMPANY" in Part I
hereof, and the remainder is contained in the Company's Proxy Statement for the Annual Meeting of Shareholders to be held
on May 19, 1998 (the "1998 Proxy Statement") under the caption "Election of Directors" and “Section 16(a) Beneficial
Ownership Reporting Compliance” and is incorporated herein by reference.
ITEM 11. EXECUTIVE COMPENSATION
The response to this item is contained in the Company's 1998 Proxy Statement under the captions "Election of Directors -
Directors’ Compensation" and "Executive Compensation" and is incorporated herein by reference.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The response to this item is contained in the Company's 1998 Proxy Statement under the caption "Security Ownership of
Certain Beneficial Owners and Management" and is incorporated herein by reference.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Not applicable.
PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K
(a) 1. Financial Statements
The following consolidated financial statements are included in Item 8:
- Report of Independent Accountants
- Consolidated Statements of Operations for the years ended December 31, 1997, 1996 and 1995
- Consolidated Balance Sheets as of December 31, 1997 and 1996
- Consolidated Statements of Stockholders' Equity for the years ended December 31, 1997,
1996 and 1995
- Consolidated Statements of Cash Flows for the years ended December 31, 1997, 1996 and 1995
- Notes to Consolidated Financial Statements
(a) 2. Financial Statement Schedule
The following consolidated financial statement schedule is included in Item 14(d):
Schedule II - Valuation and Qualifying Accounts
Schedules other than that listed above have been omitted since the required information is not present, or not present in
amounts sufficient to require submission of the schedule, or because the information required is included in the consolidated
financial statements or the notes thereto.