Operating activities |
Net income |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
Depreciation and amortization |
Non-cash compensation |
Restructuring charges |
Change in deferred taxes |
Gain on investment in Intcomex, Inc. |
Other non-cash |
Changes in operating assets and liabilities, net of effects from acquisitions and divestitures: |
Accounts receivable |
Inventories |
Other operating assets |
Accounts payable and accrued expenses |
Net cash used in operating activities |
Investing activities |
Capital expenditures |
Acquisitions, net of cash acquired |
Decrease (increase) in other assets |
Net cash used in investing activities |
Financing activities |
Net proceeds from lines of credit |
Repayments on short-term financing |
Deferred financing costs paid |
Purchase of treasury stock |
Excess (deficient) tax benefit from equity based compensation |
Proceeds from common stock issuances under employee stock option plans |
Net cash provided by (used in) financing activities |
Effect of exchange rate changes on cash and cash equivalents |
Net decrease in cash and cash equivalents |
Cash and cash equivalents at beginning of period |
Cash and cash equivalents at end of period |