| Cash Flow for Cyberonics Inc. (CYBX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 04/2008 | 04/2007 | 04/2006 | 04/2005 | 04/2004 | | | Net Income | (10,335) | (51,180) | (59,069) | (12,218) | 6,760 | | Depreciation & Amortization | 3,064 | 3,709 | 3,351 | 3,275 | 3,978 | | Deferred Income Taxes | (426) | - | - | - | - | | Operating Losses | 186 | (8) | (186) | (34) | 325 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (287) | 2,809 | (4,996) | 748 | (2,566) | | Decrease in Inventories | 4,517 | 91 | (8,767) | (759) | (1,649) | | Decrease in Other Current Assets | 857 | 2,052 | (1,489) | (635) | (1,243) | | Increase in Payables | (4,704) | 1,703 | (251) | 4,679 | (2,949) | | Increase in Other Current Liabilities | - | - | - | - | - | | Decrease in Other Working Capital | 9,274 | (115) | (374) | 264 | - | | Other Non-Cash Items | 11,414 | 19,469 | (233) | - | - | | Net Cash from Continuing Operations | 14,455 | (20,689) | (70,876) | (3,970) | 3,595 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 14,455 | (20,689) | (70,876) | (3,970) | 3,595 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | 22,800 | 2,501 | - | | | Purchase of Property, Plant, Equipment | (817) | (1,425) | (4,299) | (3,714) | (2,601) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | (10,400) | - | | Other Investment Changes, Net | - | - | (1,000) | - | - | | Cash from Investing Activities | (817) | (1,425) | 17,501 | (11,613) | (2,601) | | | Issuance of Debt | - | 5,000 | 120,700 | - | 1,661 | | Issuance of Capital Stock | 6,435 | 9,685 | 35,680 | 18,024 | 12,968 | | | Repayment of Debt | (7,500) | (247) | (39,392) | (7,172) | (132) | | Repurchase of Capital Stock | (6,306) | - | (9,993) | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (59) | (4) | - | - | - | | Cash from Financing Activities | (7,429) | 14,434 | 106,995 | 10,852 | 14,497 | | | | Effect of Exchange Rate Changes | 45 | 130 | 59 | (56) | (704) | | Net Change in Cash | 6,254 | (7,550) | 53,679 | (4,787) | 14,787 | | | Cash at Beginning of Year | 84,805 | 92,355 | 38,676 | 43,463 | 43,576 | | Cash at End of Period | 91,059 | 84,805 | 92,355 | 38,676 | 58,364 | | | |
