Current mood:

groggy

miniaturization worthwhileness Hirsch
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
--------------------- ---------------------
2008 2007 2008 2007
--------------------- ---------------------
Cash flows from
operating activities:
Net cash provided
by operating
activities $5,520 $17,064 $13,871 $46,509
-------- -------- -------- --------
Cash flows from
investing activities:
Purchase of
property and
equipment (1,009) (1,736) (3,827) (5,000)
Cash paid
for acquisitions,
net of cash acquired - (25,269) - (25,269)
Change in
restricted
cash in escrow (6) (323) 1,376 49
Maturity and
sale of short-term
investments,
net of purchases (7,333) 1,070 66,054 11,071
-------- -------- -------- --------
Net cash
provided by
(used in)
investing
activities (8,348) (26,258) 63,603 (19,149)
-------- -------- -------- --------
Cash flows from
financing activities:
Issuance of
common stock under
employee stock
option and purchase
plans 1,473 3,049 5,306 7,184
Repurchase of
common stock (762) (19,715) (79,408) (29,427)
Excess tax
benefits from
share-based
compensation 1,198 - 1,987 -
-------- -------- -------- --------
Net cash
provided by
(used in)
financing
activities 1,909 (16,666) (72,115) (22,243)
-------- -------- -------- --------
Net increase
(decrease) in
cash and cash
equivalents (919) (25,860) 5,359 5,117
Cash and cash
equivalents at
beginning of period 39,602 56,904 33,324 25,927
-------- -------- -------- --------
Cash and cash
equivalents at
end of period $38,683 $31,044 $38,683 $31,044
======== ======== ======== ========. Lindsay Adelaide pointless bluebird INSURANCE Sheila Bair, head of the Federal Deposit Insurance Corp.