| Cash Flow for QAD Inc. (QADI) | | | | After Hours: $ 6.47 |  0.01 (+0.15%) | Volume: 200 | 4:00 PM EDT Sep 5, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Net Income | 5,416 | 7,633 | 20,742 | 24,483 | 16,317 | | Depreciation & Amortization | 9,417 | 8,187 | 7,320 | 7,541 | 8,082 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | (558) | (50) | (10,108) | (5,275) | (1,580) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (13,881) | (4,173) | 365 | 2,995 | (5,803) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | 7,310 | (311) | 2,450 | | Increase in Payables | (1,558) | 1,087 | (1,313) | (847) | (681) | | Increase in Other Current Liabilities | 8,943 | (120) | 4,251 | (5,606) | 1,055 | | Decrease in Other Working Capital | 1,357 | (580) | - | - | - | | Other Non-Cash Items | 6,739 | 6,892 | - | - | - | | Net Cash from Continuing Operations | 15,875 | 18,876 | 28,567 | 22,980 | 19,840 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 15,875 | 18,876 | 28,567 | 22,980 | 19,840 | | | | Sale of Property, Plant, Equipment | 104 | 1,110 | 48 | 29 | 3,395 | | Sale of Short Term Investments | - | - | 13,000 | - | - | | | Purchase of Property, Plant, Equipment | (6,593) | (6,141) | (7,225) | (10,577) | (17,785) | | Acquisitions | (4,749) | (8,516) | - | (766) | (445) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | 1,575 | (2,612) | (4,051) | (1,665) | 87 | | Cash from Investing Activities | (9,663) | (16,159) | 1,772 | (12,979) | (14,748) | | | Issuance of Debt | 649 | - | - | 21,713 | 10,468 | | Issuance of Capital Stock | 2,910 | 1,720 | 2,844 | 2,843 | 9,640 | | | Repayment of Debt | (277) | (310) | (9,113) | (15,942) | (2,005) | | Repurchase of Capital Stock | (18,723) | (6,008) | (14,800) | (5,581) | (15,239) | | Payment of Cash Dividends | (3,188) | (3,249) | (3,261) | (5,121) | - | | Other Financing Charges, Net | 216 | 586 | - | - | - | | Cash from Financing Activities | (18,413) | (7,261) | (24,330) | (2,088) | 2,864 | | | | Effect of Exchange Rate Changes | 3,622 | (1,235) | (1,327) | 592 | 1,640 | | Net Change in Cash | (8,579) | (5,779) | 4,682 | 8,505 | 9,596 | | | Cash at Beginning of Year | 54,192 | 59,971 | 55,289 | 46,784 | 50,188 | | Cash at End of Period | 45,613 | 54,192 | 59,971 | 55,289 | 59,784 | | | |
