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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Cash flows from operating activities    
Net income (loss) $ 2,503 $ (34,420)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 10,963 7,493
Provision for doubtful accounts 4 259
Write downs for excess and obsolete inventory 2,445 1,476
Stock-based compensation expense 45,828 26,765
Accretion of purchase discounts on short-term investments 997 482
Loss/ (gain) on disposal of fixed assets (6) 19
Change in carrying value of contingent rights liability (7,991) 0
Excess tax benefit associated with stock-based compensation (15) 0
Changes in operating assets and liabilities:    
Accounts receivable (23,674) 1,523
Inventory (7,211) (9,123)
Prepaids and other (873) (1,147)
Deferred costs (1,252) (960)
Other assets (426) 107
Accounts payable (1,099) 4,145
Deferred revenue 6,451 6,555
Other current and noncurrent liabilities 8,009 12,493
Income taxes payable 138 (220)
Net cash provided by operating activities 34,791 15,447
Cash flows from investing activities    
Purchases of short-term investments (81,511) (79,766)
Proceeds from sales of short-term investments 19,876 3,001
Proceeds from maturities of short-term investments 51,030 42,965
Purchases of property and equipment (5,776) (3,378)
Proceeds from sale of property and equipment 14 23
Cash paid in purchase acquisitions, net of cash acquired (4,303) 0
Net cash used in investing activities (20,670) (37,155)
Cash flows from financing activities    
Proceeds from issuance of common stock 31,856 9,957
Repurchases of unvested common stock 0 (36)
Excess tax benefit associated with stock-based compensation 15 0
Net cash provided by financing activities 31,871 9,921
Effect of exchange rate changes on cash and cash equivalents (1) (1)
Net increase (decrease) in cash and cash equivalents 45,991 (11,788)
Cash and cash equivalents, beginning of period 31,254 41,298
Cash and cash equivalents, end of period 77,245 29,510
Supplemental disclosure of cash flow information    
Income taxes paid 781 768
Supplemental disclosure of non-cash investing and financing activities    
Common stock issued for purchase acquisition 30,691 0
Contingent rights issued for purchase acquisition $ 9,486 $ 0