XML 35 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 31, 2011
Jan. 01, 2011
Cash flows from operating activities:    
Net income (loss) $ (41,272) $ 143
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Amortization of deferred gain on sale-leaseback (454) (458)
Depreciation and amortization 11,189 8,053
Adjustment in fair value of earnout obligation (2,859)  
Flood-related non-cash losses 7,180  
Stock-based compensation expense 3,258 3,032
Other non-cash adjustments (2,141) (70)
Changes in operating assets and liabilities:    
Accounts receivable, net 20,084 (6,135)
Inventories 11,748 (14,450)
Prepaid expenses and other current assets 265 (238)
Other non-current assets (41) 105
Accounts payable (25,867) 8,033
Accrued expenses and other liabilities (1,772) (5,348)
Net cash used in operating activities (20,682) (7,333)
Cash flows from investing activities:    
Purchases of property and equipment (9,035) (18,681)
Proceeds from sales of property and equipment   69
Proceeds from sales of investments 3,438  
Transfers (to) from restricted cash (52) 3,693
Cash paid for acquisition   (10,482)
Net cash used in investing activities (5,649) (25,401)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net 71 625
Proceeds from borrowings under line of credit 19,500  
Net cash provided by financing activities 19,571 625
Effect of exchange rate on cash and cash equivalents (2,395) 2,212
Net decrease in cash and cash equivalents (9,155) (29,897)
Cash and cash equivalents at beginning of period 62,783 107,176
Cash and cash equivalents at end of period 53,628 77,279
Supplemental disclosures of non-cash transactions:    
Issuance of common stock to settle Xtellus escrow liability 7,000  
Issuance of common stock to settle Mintera earnout liability 2,758  
Incurrence of earnout liability related to the acquisition of Mintera   $ 15,148