UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 30, 2005
i2 Technologies, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 0-28030 | 75-2294945 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
One i2 Place | ||
11701 Luna Road | ||
Dallas, Texas | 75234 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (469) 357-1000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 2.05. Costs Associated with Exit or Disposal Activities.
i2 Technologies, Inc. (the Company) filed a Current Report on Form 8-K (the Report) on April 5, 2005 disclosing the Companys commitment to a resizing (the Resizing) plan. At that time, the Company was unable in good faith to make a determination of an estimate or range of estimates required by paragraphs (b), (c) and (d) of Item 2.05. As permitted by Item 2.05, the Company is now filing an amendment to the Report under Item 2.05 to disclose the required estimate or range of estimates.
In connection with the Resizing, the Company estimates that it will incur (i) between $10 million and $11 million in costs from one-time termination benefits, and (ii) between $1.5 million and $2.5 million in costs from facilities closures, for a total estimated range of between $11.5 million and $13.5 million in costs. Approximately $2 million of the costs in the total estimated range were settled in cash in the quarter ended March 31, 2005. The remainder of the total estimated range of costs is expected to result in cash expenditures in subsequent periods.
SIGNATURES
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.
i2 TECHNOLOGIES, INC. | ||
By: | /s/ Katy Murray | |
Katy Murray | ||
Executive Vice President and Chief Financial Officer |
Dated: April 20, 2005