| Cash Flow for ADTRAN Inc. (ADTN) | | | | After Hours: $ 18.07 | 0.00 (0.00%) | Volume: 10.5 k | 4:23 PM EDT Oct 10, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 76,335 | 78,333 | 101,150 | 75,141 | 61,515 | | Depreciation & Amortization | 10,695 | 10,827 | 13,199 | 15,373 | 15,247 | | Deferred Income Taxes | (2,990) | (4,332) | (1,644) | (769) | 2,812 | | Operating Losses | (433) | (1,306) | 6,694 | 1,256 | 23,796 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (8,056) | 3,764 | 1,046 | 452 | (27,616) | | Decrease in Inventories | 4,571 | (2,185) | (7,950) | (2,341) | (49) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (7,933) | 4,639 | 2,826 | (1,965) | 5,468 | | Increase in Other Current Liabilities | 5,024 | (6,514) | 13,810 | (752) | 3,683 | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 8,974 | 8,748 | - | - | - | | Net Cash from Continuing Operations | 88,877 | 92,141 | 128,983 | 85,823 | 85,354 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 88,877 | 92,141 | 128,983 | 85,823 | 85,354 | | | | Sale of Property, Plant, Equipment | - | - | 2 | 32 | 38 | | Sale of Short Term Investments | 253,339 | 326,348 | 211,288 | 131,330 | 18,738 | | | Purchase of Property, Plant, Equipment | (6,535) | (6,061) | (8,876) | (7,165) | (6,782) | | Acquisitions | - | (400) | - | - | - | | Purchase of Short Term Investments | (217,316) | (293,098) | (242,627) | (146,018) | (10,856) | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | 29,488 | 26,789 | (40,213) | (21,821) | (44,828) | | | Issuance of Debt | - | - | - | - | 55,087 | | Issuance of Capital Stock | 15,288 | 4,441 | 16,938 | 5,557 | - | | | Repayment of Debt | (500) | (500) | - | - | - | | Repurchase of Capital Stock | (138,589) | (170,479) | (24,074) | (80,954) | - | | Payment of Cash Dividends | (24,600) | (26,755) | (25,820) | (25,115) | (88,927) | | Other Financing Charges, Net | 3,249 | 973 | - | - | - | | Cash from Financing Activities | (145,152) | (192,320) | (32,956) | (100,512) | (33,840) | | | | Effect of Exchange Rate Changes | 581 | 743 | (622) | 64 | 294 | | Net Change in Cash | (26,206) | (72,647) | 55,192 | (36,446) | 6,980 | | | Cash at Beginning of Year | 40,147 | 112,794 | 57,602 | 94,048 | 125,092 | | Cash at End of Period | 13,941 | 40,147 | 112,794 | 57,602 | 132,072 | | | |
