| Cash Flow for WD40 Company (WDFC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 08/2007 | 08/2006 | 08/2005 | 08/2004 | 08/2003 | | | Net Income | 31,534 | 28,112 | 27,798 | 25,643 | 28,641 | | Depreciation & Amortization | 3,649 | 3,467 | 3,007 | 2,369 | 1,827 | | Deferred Income Taxes | 2,336 | 1,396 | 3,474 | 4,504 | 4,787 | | Operating Losses | (66) | (38) | 195 | 1,101 | 1,682 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,427) | 1,575 | (3,474) | 2,817 | 2,011 | | Decrease in Inventories | 2,392 | (6,889) | (1,655) | (1,306) | 1,533 | | Decrease in Other Current Assets | - | - | (970) | (750) | (68) | | Increase in Payables | 11,431 | (3,102) | 3,276 | (2,684) | (1,800) | | Increase in Other Current Liabilities | (984) | 147 | (87) | (203) | 1,333 | | Decrease in Other Working Capital | 1,608 | 2,056 | - | - | - | | Other Non-Cash Items | 1,178 | 1,473 | - | - | - | | Net Cash from Continuing Operations | 51,651 | 28,197 | 31,564 | 31,491 | 39,946 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 51,651 | 28,197 | 31,564 | 31,491 | 39,946 | | | | Sale of Property, Plant, Equipment | 319 | 267 | 162 | 169 | 175 | | Sale of Short Term Investments | 224,675 | 31,675 | - | - | - | | | Purchase of Property, Plant, Equipment | (2,561) | (2,947) | (3,101) | (2,358) | (2,058) | | Acquisitions | - | - | - | (11,555) | (48) | | Purchase of Short Term Investments | (224,675) | (31,675) | - | - | - | | Other Investment Changes, Net | 25 | 125 | 50 | 100 | 618 | | Cash from Investing Activities | (2,217) | (2,555) | (2,889) | (13,644) | (1,313) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 9,754 | 7,018 | 2,839 | 7,914 | 5,681 | | | Repayment of Debt | (10,714) | (10,714) | (10,000) | (10,000) | (299) | | Repurchase of Capital Stock | (17,320) | - | - | (15,026) | - | | Payment of Cash Dividends | (16,609) | (14,760) | (13,967) | (13,559) | (13,272) | | Other Financing Charges, Net | 741 | 503 | - | - | - | | Cash from Financing Activities | (34,148) | (17,953) | (21,128) | (30,671) | (7,890) | | | | Effect of Exchange Rate Changes | 586 | 397 | 140 | 286 | 137 | | Net Change in Cash | 15,872 | 8,086 | 7,687 | (12,538) | 30,880 | | | Cash at Beginning of Year | 45,206 | 37,120 | 29,433 | 41,971 | 11,091 | | Cash at End of Period | 61,078 | 45,206 | 37,120 | 29,433 | 41,971 | | | |
