| Cash Flow for QLogic Corp. (QLGC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Net Income | 96,210 | 105,418 | 283,588 | 157,596 | 133,673 | | Depreciation & Amortization | 30,857 | 27,554 | 17,898 | 15,586 | 14,829 | | Deferred Income Taxes | (14,549) | (4,154) | (4,480) | (1,641) | 15,420 | | Operating Losses | 1,328 | 3,924 | 15,854 | 2,718 | 10,233 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (8,503) | (2,275) | (12,825) | 3,739 | (17,211) | | Decrease in Inventories | 11,415 | 2,771 | (16,230) | (8,691) | (1,570) | | Decrease in Other Current Assets | - | - | - | (4,902) | (37) | | Increase in Payables | 7,282 | (7,401) | 11,877 | 1,616 | 3,269 | | Increase in Other Current Liabilities | 4,472 | 8,779 | 2,058 | 15,343 | (2,610) | | Decrease in Other Working Capital | 23,775 | (3,982) | (3,435) | - | - | | Other Non-Cash Items | 42,577 | 47,495 | - | - | - | | Net Cash from Continuing Operations | 211,589 | 191,069 | 294,305 | 181,942 | 157,192 | | Net Cash from Discontinued Operations | - | - | (208,939) | - | - | | Cash from Operating Activities | 211,589 | 191,069 | 85,366 | 181,942 | 157,192 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 425,033 | 366,677 | 1,101,680 | 694,140 | 893,122 | | | Purchase of Property, Plant, Equipment | (30,001) | (31,708) | (28,295) | (25,657) | (22,283) | | Acquisitions | 67 | (142,521) | (35,210) | - | - | | Purchase of Short Term Investments | (185,707) | (298,220) | (946,087) | (672,418) | (974,494) | | Other Investment Changes, Net | - | (11,492) | (12,000) | (4,000) | - | | Cash from Investing Activities | 209,392 | (117,264) | 261,424 | (7,935) | (103,655) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 14,696 | 33,703 | 27,757 | 13,735 | 22,260 | | | Repayment of Debt | - | (1,632) | - | - | - | | Repurchase of Capital Stock | (352,760) | (160,080) | (414,999) | (85,009) | (57,014) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 288 | 5,816 | - | - | - | | Cash from Financing Activities | (337,776) | (122,193) | (387,242) | (71,274) | (34,754) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 83,205 | (48,388) | (40,452) | 102,733 | 18,783 | | | Cash at Beginning of Year | 76,804 | 125,192 | 165,644 | 62,911 | 137,810 | | Cash at End of Period | 160,009 | 76,804 | 125,192 | 165,644 | 156,593 | | | |
