-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J9lIe1zN1SjTBfMbWG0FAzTpKbP0JE+4QcuKqTuxnZ5evf1U9qz7Z5EUr7AhsTgZ FA33TW7hH4FTmMAkFwV5PA== 0000902664-06-000195.txt : 20060130 0000902664-06-000195.hdr.sgml : 20060130 20060130165859 ACCESSION NUMBER: 0000902664-06-000195 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060130 DATE AS OF CHANGE: 20060130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARAMARK CORP/DE CENTRAL INDEX KEY: 0001144528 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 233086414 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-62375 FILM NUMBER: 06562659 BUSINESS ADDRESS: STREET 1: ARAMARK TOWER STREET 2: 1101 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19107 BUSINESS PHONE: 2152383000 FORMER COMPANY: FORMER CONFORMED NAME: ARAMARK WORLDWIDE CORP DATE OF NAME CHANGE: 20010711 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EMINENCE CAPITAL LLC CENTRAL INDEX KEY: 0001107310 IRS NUMBER: 134036527 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 65 EAST 55TH STREET STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-418-2100 MAIL ADDRESS: STREET 1: 65 EAST 55TH STREET STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D 1 sc13d.txt ARAMARK CORPORATION SECURITIES & EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------- SCHEDULE 13D* (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) ARAMARK CORPORATION (Name of Issuer) Class B Common Stock (Title of Class of Securities) 038521100 (CUSIP Number) Ricky C. Sandler Eminence Capital LLC, 65 East 55th Street, 25th Floor, New York, NY 10022 (212) 418-2100 (Name, address and telephone number of person authorized to receive notices and communications) January 20, 2006 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 20 Pages) - ---------------- *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 038521100 13D Page 2 of 20 Pages - ----------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Eminence Partners, LP - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) SOURCE OF FUNDS ** WC - ----------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER 2,821,460 OWNED BY -------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING -------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER 2,821,460 - ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,821,460 - ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.4% - ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON ** PN - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 038521100 13D Page 3 of 20 Pages - ----------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Eminence Partners II, LP - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) SOURCE OF FUNDS ** WC - ----------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER 165,753 OWNED BY -------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING -------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER 165,753 - ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 165,753 - ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.1% - ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON ** PN - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 038521100 13D Page 4 of 20 Pages - ----------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Eminence Long Alpha, LP - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) SOURCE OF FUNDS ** WC - ----------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER 319,310 OWNED BY -------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING -------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER 319,310 - ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 319,310 - ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% - ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON ** PN - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 038521100 13D Page 5 of 20 Pages - ----------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Eminence Leveraged Long Alpha, LP - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) SOURCE OF FUNDS ** WC - ----------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER 218,590 OWNED BY -------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING -------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER 218,590 - ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 218,590 - ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON ** PN - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 038521100 13D Page 6 of 20 Pages - ----------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Eminence GP, LLC - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) SOURCE OF FUNDS ** WC - ----------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER 3,525,113 OWNED BY -------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING -------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER 3,525,113 - ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,525,113 - ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.0% - ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON ** OO - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 038521100 13D Page 7 of 20 Pages - ----------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Eminence Capital, LLC - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) SOURCE OF FUNDS ** OO - ----------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER 6,870,000 OWNED BY -------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING -------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER 6,870,000 - ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,870,000 - ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON ** IA - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 038521100 13D Page 8 of 20 Pages - ----------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Ricky C. Sandler - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) SOURCE OF FUNDS ** OO - ----------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER 1,975 SHARES -------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER 6,870,000 OWNED BY -------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER 1,975 REPORTING -------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER 6,870,000 - ----------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,871,975 - ----------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON ** IN - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 038521100 13D Page 9 of 20 Pages Item 1. Security and Issuer. This statement relates to the Class B common stock, par value $0.01 (the "Common Stock") of ARAMARK Corporation. (the "Company"). The Company's principal executive offices are located at ARAMARK Tower, 1101 Market Street, Philadelphia, Pennsylvania 19107. Item 2. Identity and Background. (a) This statement is filed by: (i) Eminence Partners, LP, a New York limited partnership ("Eminence I"), with respect to the shares of Common Stock directly owned by it; (ii) Eminence Partners II, LP, a New York limited partnership ("Eminence II")with respect to the shares of Common Stock directly owned by it; (iii) Eminence Long Alpha, LP, a Delaware limited partnership ("ELA"), with respect to the shares of Common Stock directly owned by it; (iv) Eminence Leveraged Long Alpha, LP, a Delaware limited partnership ("ELLA" and together with Eminence I, Eminence II, and ELA, the "Partnerships"), with respect to the shares of Common Stock directly owned by it; (v) Eminence GP, LLC, a New York limited liability company ("Eminence GP"), with respect to the shares of Common Stock directly owned by the Partnerships and Eminence Long Alpha Master Fund, Ltd. and Eminence Leveraged Long Alpha Master Fund, Ltd., each Cayman Islands Companies to which Eminence GP serves as manager (the "Offshore Master Funds"); (vi) Eminence Capital, LLC, a New York limited liability company (the "Investment Manager"), which serves as the investment manager to the Partnerships and investment manager to Eminence Fund, Ltd., a Cayman Islands company ("Eminence Offshore", and together with the Offshore Master Funds, the "Offshore Funds"), with respect to the shares of Common Stock directly owned by the Partnerships and the Offshore Funds; and (vii) Ricky C. Sandler, with respect to the shares of Common Stock directly owned by the Partnerships, the Offshore Funds and certain other family accounts (the "Family Accounts") over which Mr. Sandler has investment discretion. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. (b) The address of the principal business and principal office of the CUSIP No. 038521100 13D Page 10 of 20 Pages Partnerships, Eminence GP and the Investment Manager is 65 East 55th Street, 25th Floor, New York, NY 10022. The business address of Mr. Sandler is 65 East 55th Street, 25th Floor, New York, NY 10022. (c) The principal business of the Partnerships is serving as private investment limited partnerships. The principal business of Eminence GP is serving as a general partner to the Partnerships and manager to the Offshore Master Funds. The principal business of the Investment Manager is that of an investment manager engaging in the purchase and sale of securities on behalf of clients. Mr. Sandler serves as the Managing Member of Eminence GP and the Investment Manager. (d) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was, or is subject to, a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. (f) Eminence I and Eminence II are limited partnerships organized under the laws of the State of New York. ELA and ELLA are limited partnerships organized under the laws of the State of Delaware. Each of Eminence GP and the Investment Manager is a limited liability company organized under the laws of the State of New York. Mr. Sandler is a United States citizen. Item 3. Source and Amount of Funds and Other Consideration. The net investment cost (including commissions, if any) of the shares of Common Stock directly owned by the Partnerships, the Offshore Funds and certain other accounts is approximately $168,000,000. Mr. Sandler, Eminence GP and the Investment Manager do not directly own any shares of Common Stock. Item 4. Purpose of the Transaction. The purpose of the acquisition of the shares of Common Stock by the Reporting Persons is for investment, and the purchases of the shares of Common Stock by the Reporting Persons were made in the ordinary course of business and were not made for the purpose of acquiring control of the Company. Although the acquisition of the shares of Common Stock by the Reporting Persons is for investment purposes, the Reporting Persons may pursue discussions with management in an effort to maximize long-term value for shareholders. Each of the Reporting Persons may make further purchases of shares of Common Stock from time to time and may dispose of any or all of the shares of Common Stock held by him or it at any time. None of the Reporting Persons has any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (b) through (j), inclusive, CUSIP No. 038521100 13D Page 11 of 20 Pages of Item 4 of the Schedule 13D. Each of the Reporting Persons may, at any time and from time to time, review or reconsider his or its position and formulate plans or proposals with respect thereto, but has no present intention of doing so. Item 5. Interest in Securities of the Issuer. A. Eminence Partners, LP (a) Aggregate number of shares beneficially owned: 2,821,460 Percentage: 2.4% The percentages used herein and in the rest of Item 5 are calculated based upon the 119,302,849 shares of Common Stock issued and outstanding as of December 12, 2005 as reflected in the Company's Form DEF 14A filed on January 5, 2006. (b) 1. Sole power to vote or direct vote: -0- 2. Shared power to vote or direct vote: 2,821,460 3. Sole power to dispose or direct the disposition: -0- 4. Shared power to dispose or direct the disposition: 2,821,460 (c) The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions by Eminence I in the Common Stock within the last sixty days, which were all in the open market, are set forth in Schedule A and are incorporated by reference. (d) Eminence GP, the General Partner of Eminence I, has the power to direct the affairs of Eminence I, including decisions respecting the receipt of dividends from, and the disposition of the proceeds from the sale of, the shares of Common Stock. Mr. Sandler is the Managing Member of Eminence GP and in that capacity directs its operations. (e) Not applicable. B. Eminence Partners II, LP (a) Aggregate number of shares beneficially owned: 165,753 Percentage: 0.1% (b) 1. Sole power to vote or direct vote: -0- 2. Shared power to vote or direct vote: 165,753 3. Sole power to dispose or direct the disposition: -0- 4. Shared power to dispose or direct the disposition: 165,753 (c) The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions by Eminence II in the Common Stock within the last sixty days, which were all in the open market, are set forth in Schedule B and are incorporated by reference. (d) Eminence GP, the General Partner of Eminence II, has the power to direct the affairs of Eminence II, including decisions respecting the receipt of dividends from, and the disposition of the proceeds from the sale of, the shares of Common Stock. Mr. Sandler is the Managing Member of Eminence GP, and in that capacity directs its operations. (e) Not applicable. CUSIP No. 038521100 13D Page 12 of 20 Pages C. Eminence Long Alpha, LP (a) Aggregate number of shares beneficially owned: 319,310 Percentage: 0.3% (b) 1. Sole power to vote or direct vote: -0- 2. Shared power to vote or direct vote: 319,310 3. Sole power to dispose or direct the disposition: -0- 4. Shared power to dispose or direct the disposition: 319,310 (c) The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions by ELA in the Common Stock within the last sixty days, which were all in the open market, are set forth in Schedule C and are incorporated by reference. (d) Eminence GP, the General Partner of ELA, has the power to direct the affairs of ELA, including decisions respecting the receipt of dividends from, and the disposition of the proceeds from the sale of, the shares of Common Stock. Mr. Sandler is the Managing Member of Eminence GP, and in that capacity directs its operations. (e) Not applicable. D. Eminence Leveraged Long Alpha, LP (a) Aggregate number of shares beneficially owned: 218,590 Percentage: 0.2% (b) 1. Sole power to vote or direct vote: -0- 2. Shared power to vote or direct vote: 218,590 3. Sole power to dispose or direct the disposition: -0- 4. Shared power to dispose or direct the disposition: 218,590 (c) The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions by ELLA in the Common Stock within the last sixty days, which were all in the open market, are set forth in Schedule D and are incorporated by reference. (d) Eminence GP, the General Partner of ELLA, has the power to direct the affairs of ELLA, including decisions respecting the receipt of dividends from, and the disposition of the proceeds from the sale of, the shares of Common Stock. Mr. Sandler is the Managing Member of Eminence GP, and in that capacity directs its operations. (e) Not applicable. E. Eminence GP, LLC (a) Aggregate number of shares beneficially owned: 3,525,113 Percentage: 3.0% (b) 1. Sole power to vote or direct vote: -0- 2. Shared power to vote or direct vote: 3,525,113 3. Sole power to dispose or direct the disposition: -0- 4. Shared power to dispose or direct the disposition: 3,525,113 (c) Eminence GP did not enter into any transactions in the Common Stock of the Company within the last sixty days. The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions in the Common Stock within the last sixty days on behalf of Eminence I, Eminence II, ELA, ELLA and the Offshore Master Funds which were all in the open market, are set forth in Schedules A,B,C,D and E respectively, and are incorporated by reference. (d) Not applicable. (e) Not applicable. CUSIP No. 038521100 13D Page 13 of 20 Pages F. Eminence Capital, LLC (a) Aggregate number of shares beneficially owned: 6,870,000 Percentage: 5.8% (b) 1. Sole power to vote or direct vote: -0- 2. Shared power to vote or direct vote: 6,870,000 3. Sole power to dispose or direct the disposition: -0- 4. Shared power to dispose or direct the disposition: 6,870,000 (c) The Investment Manager did not enter into any transactions in the Common Stock of the Company within the last sixty days. The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions in the Common Stock within the last sixty days on behalf of Eminence I, Eminence II, ELA, ELLA, the Offshore Master Funds and Eminence Offshore, which were all in the open market, are set forth in Schedules A, B, C, D, E, and F, respectively, and are incorporated by reference. (d) Each of the clients of the Investment Manager has the power to direct the receipt of dividends from or the proceeds of the sale of such shares. (e) Not applicable. G. Ricky C. Sandler (a) Aggregate number of shares beneficially owned: 6,871,975 Percentage: 5.8% (b) 1. Sole power to vote or direct vote: 1,975 2. Shared power to vote or direct vote: 6,870,000 3. Sole power to dispose or direct the disposition: 1,975 4. Shared power to dispose or direct the disposition: 6,870,000 (c) Mr. Sandler did not enter into any transactions in the Common Stock of the Company for his own behalf or on behalf of any Family Accounts within the last sixty days. The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions in the Common Stock within the last sixty days on behalf of Eminence I, Eminence II, ELA, ELLA, the Offshore Master Funds and Eminence Offshore which were all in the open market, are set forth in Schedules A, B, C, D, E, and F, respectively, and are incorporated by reference. (d) Not applicable. (e) Not applicable. CUSIP No. 038521100 13D Page 14 of 20 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. DATED: January 30, 2006 /s/ Ricky C. Sandler --------------------- Ricky C. Sandler, individually, and as Managing Member of Eminence Capital, LLC, and as Managing Member of Eminence GP, LLC, for itself and as General Partner of Eminence Partners, LP, Eminence Partners II, LP, Eminence Long Alpha, LP and Eminence Leveraged Long Alpha, LP CUSIP No. 038521100 13D Page 15 of 20 Pages Schedule A Eminence Partners, LP Price Per Share Date of Number of Shares (including commissions, Transaction Purchased/(Sold) if any) 01/03/06 (36,920) $27.77 01/03/06 41,900 $26.80 01/04/06 22,600 $27.00 01/05/06 10,720 $26.94 01/06/06 10,170 $27.04 01/09/06 10,770 $26.90 01/10/06 15,890 $26.82 01/20/06 115,360 $26.09 01/23/06 45,750 $26.18 01/24/06 102,690 $26.09 01/25/06 29,690 $26.00 01/27/06 13,150 $26.25 01/30/06 67,700 $26.12 CUSIP No. 038521100 13D Page 16 of 20 Pages Schedule B Eminence Partners II, LP Price Per Share Date of Number of Shares (including commissions, Transaction Purchased/(Sold) if any) 01/03/06 (14,910) $27.77 01/03/06 2,460 $26.80 01/04/06 1,280 $27.00 01/05/06 650 $26.94 01/06/06 610 $27.04 01/09/06 640 $26.90 01/10/06 940 $26.82 01/20/06 6,770 $26.09 01/23/06 2,690 $26.18 01/24/06 6,070 $26.09 01/25/06 1,740 $26.00 01/27/06 760 $26.25 01/30/06 3,990 $26.12 CUSIP No. 038521100 13D Page 17 of 20 Pages Schedule C Eminence Long Alpha, LP Price Per Share Date of Number of Shares (including commissions, Transaction Purchased/(Sold) if any) 01/03/06 (48,510) $27.77 01/03/06 33,730 $26.86 01/04/06 29,660 $27.07 01/05/06 970 $26.94 01/06/06 1,320 $27.04 01/09/06 650 $26.90 01/10/06 2,250 $26.82 01/20/06 14,210 $26.09 01/23/06 5,850 $26.18 01/24/06 11,910 $26.09 01/25/06 3,800 $26.00 01/27/06 1,890 $26.25 01/30/06 7,630 $26.12 CUSIP No. 038521100 13D Page 18 of 20 Pages Schedule D Eminence Leveraged Long Alpha, LP Price Per Share Date of Number of Shares (including commissions, Transaction Purchased/(Sold) if any) 01/03/06 42,670 $27.28 01/04/06 21,110 $27.07 01/05/06 600 $26.94 01/06/06 600 $27.04 01/09/06 820 $26.90 01/10/06 1,940 $26.82 01/20/06 7,690 $26.09 01/23/06 3,440 $26.18 01/24/06 7,770 $26.09 01/25/06 3,090 $26.00 01/27/06 2,030 $26.25 01/30/06 5,320 $26.12 CUSIP No. 038521100 13D Page 19 of 20 Pages Schedule E Client: Eminence Long Alpha Master, Ltd. Price Per Share Date of Number of Shares (including commissions, Transaction Purchased/(Sold) if any) 01/03/06 80,790 $27.35 01/04/06 33,670 $27.07 01/05/06 1,030 $26.94 01/06/06 1,520 $27.04 01/09/06 650 $26.90 01/10/06 2,620 $26.82 01/20/06 16,070 $26.09 01/23/06 6,560 $26.18 01/24/06 13,290 $26.09 01/25/06 4,340 $26.00 01/27/06 2,170 $26.25 01/30/06 8,600 $26.12 Client: Eminence Leveraged Long Alpha Master, Ltd Price Per Share Date of Number of Shares (including commissions, Transaction Purchased/(Sold) if any) 01/03/06 (13,660) $27.77 01/03/06 27,570 $26.86 01/04/06 25,150 $27.07 01/05/06 750 $26.94 01/06/06 690 $27.04 01/09/06 1,040 $26.90 01/10/06 2,280 $26.82 01/20/06 9,150 $26.09 01/23/06 4,120 $26.18 01/24/06 9,330 $26.09 01/25/06 3,670 $26.00 01/27/06 2,360 $26.25 01/30/06 6,370 $26.12 CUSIP No. 038521100 13D Page 20 of 20 Pages Schedule F Client: Eminence Offshore Price Per Share Date of Number of Shares (including commissions, Transaction Purchased/(Sold) if any) 01/03/06 92,280 $27.36 01/04/06 21,930 $27.00 01/05/06 10,280 $26.94 01/06/06 10,090 $27.04 01/09/06 10,430 $26.90 01/10/06 15,380 $26.82 01/20/06 111,150 $26.09 01/23/06 44,090 $26.18 01/24/06 98,940 $26.09 01/25/06 28,670 $26.00 01/27/06 12,740 $26.25 01/30/06 65,290 $26.12 -----END PRIVACY-ENHANCED MESSAGE-----