| Cash Flow for Adaptec Inc. (ADPT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Net Income | (9,615) | 30,843 | (114,696) | (145,106) | 62,907 | | Depreciation & Amortization | 8,254 | 17,326 | 24,511 | 50,636 | 51,789 | | Deferred Income Taxes | - | - | - | 50,739 | (24,602) | | Operating Losses | (6,215) | 12,942 | 92,563 | 32,788 | 7,195 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 10,920 | 12,745 | 22,289 | (12,343) | 14,055 | | Decrease in Inventories | 10,104 | (8,622) | 11,529 | (7,963) | (19,311) | | Decrease in Other Current Assets | - | - | - | (40,475) | 9,474 | | Increase in Payables | (15,878) | (11,442) | (21,366) | 21,380 | (3,077) | | Increase in Other Current Liabilities | - | - | - | 37,921 | (21,467) | | Decrease in Other Working Capital | (1,762) | (22,163) | (23,466) | - | - | | Other Non-Cash Items | 16,204 | (36,857) | 1,267 | (239) | - | | Net Cash from Continuing Operations | 18,527 | 13,566 | (12,683) | (10,257) | 95,402 | | Net Cash from Discontinued Operations | 4,267 | 1,242 | 5,573 | - | - | | Cash from Operating Activities | 22,794 | 14,808 | (7,110) | (10,257) | 95,402 | | | | Sale of Property, Plant, Equipment | 19,881 | - | 62,300 | 10,877 | - | | Sale of Short Term Investments | 278,068 | 257,650 | 255,964 | 798,742 | 795,185 | | | Purchase of Property, Plant, Equipment | (1,578) | (3,733) | (7,058) | (14,354) | (8,283) | | Acquisitions | - | - | - | (123,978) | (50,314) | | Purchase of Short Term Investments | (181,295) | (301,524) | (596,866) | (328,167) | (753,004) | | Other Investment Changes, Net | - | (1,507) | - | (2,279) | - | | Cash from Investing Activities | 115,076 | (49,114) | (287,315) | 340,841 | (16,416) | | | Issuance of Debt | - | - | - | - | 218,250 | | Issuance of Capital Stock | 3,179 | 7,438 | 9,388 | 8,503 | 37,912 | | | Repayment of Debt | - | (10,637) | (24,309) | - | (362,694) | | Repurchase of Capital Stock | - | - | - | - | (3,633) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | 3,179 | (3,199) | (14,921) | 8,503 | (110,165) | | | | Effect of Exchange Rate Changes | 2,940 | 2,054 | (869) | 38 | 919 | | Net Change in Cash | 143,989 | (35,451) | (310,215) | 339,125 | (30,260) | | | Cash at Beginning of Year | 95,922 | 131,373 | 441,588 | 102,463 | 149,373 | | Cash at End of Period | 239,911 | 95,922 | 131,373 | 441,588 | 119,113 | | | |
