| Cash Flow for Quidel Corp. (QDEL) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 13,631 | 21,718 | (8,327) | 1,584 | 19,651 | | Depreciation & Amortization | 9,852 | 9,109 | 5,466 | 6,207 | 6,601 | | Deferred Income Taxes | 5,523 | (6,078) | 2,887 | 441 | (10,863) | | Operating Losses | 126 | (542) | 746 | 64 | 368 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (5,024) | (2,320) | (545) | 8,847 | (6,044) | | Decrease in Inventories | (1,412) | (1,125) | (860) | (1,029) | 1,400 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 769 | (1,302) | 842 | (962) | 2,078 | | Increase in Other Current Liabilities | 692 | (738) | 1,040 | (3,879) | 6,021 | | Decrease in Other Working Capital | - | (145) | - | - | - | | Other Non-Cash Items | 3,084 | 3,287 | - | - | - | | Net Cash from Continuing Operations | 27,342 | 21,528 | 1,401 | 11,386 | 18,822 | | Net Cash from Discontinued Operations | - | (797) | (179) | (1,438) | - | | Cash from Operating Activities | 27,342 | 20,731 | 1,222 | 9,948 | 18,822 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (3,749) | (10,969) | (3,157) | (5,438) | (2,494) | | Acquisitions | - | - | (4,300) | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (21) | 308 | (211) | 137 | 128 | | Cash from Investing Activities | (3,770) | (10,661) | (7,668) | (5,301) | (2,366) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 2,792 | 3,697 | 5,717 | 6,484 | 6,479 | | | Repayment of Debt | (675) | (648) | (590) | (519) | (454) | | Repurchase of Capital Stock | (17,858) | (11,564) | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 1,033 | 111 | - | - | - | | Cash from Financing Activities | (14,708) | (8,404) | 5,127 | 5,965 | 6,025 | | | | Effect of Exchange Rate Changes | - | 29 | (73) | 83 | 236 | | Net Change in Cash | 8,864 | 1,695 | (1,392) | 10,695 | 22,717 | | | Cash at Beginning of Year | 36,625 | 34,930 | 36,322 | 25,627 | 2,910 | | Cash at End of Period | 45,489 | 36,625 | 34,930 | 36,322 | 25,627 | | | |
