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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities:    
Net income (loss) $ 48,143 $ 71,868
Loss from discontinued operations, net of income tax benefit 13,054 9,078
Income from continuing operations 61,197 80,946
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,434 13,649
Defined Benefit Plan Amortization Of Prior Service Cost Credit 400 0
Adjustment to impairment of available-for-sale investments 0 260
Gain on sale of available-for-sale investments, net (27) 750
Share-based compensation expense 16,009 5,057
Deferred income tax benefit (877) 7,099
Tax expense from exercise of stock options and vesting of restricted stock awards 1,864 (269)
Excess tax benefits from share-based payment arrangements (2,872) (320)
Increase Decrease Provision For Sales Discounts And Chargebacks 1,163 1,031
Accretion (amortization) of premium/(discount) on investments 2,604 1,811
Changes in operating assets and liabilities:    
Accounts receivable (36,940) (42,849)
Inventories 4,453 (10,413)
Other current assets (3,995) (3,810)
Accounts payable 4,378 14,972
Reserve for sales returns 17,528 1,131
Income taxes payable (4,628) (13,923)
Other current liabilities (17,338) (2,282)
Other liabilities 128 (1,958)
Accrued consumer rebate and loyalty programs 23,244 17,053
Managed care and Medicaid reserves 1,863 (2,668)
Net cash provided by operating activities from continuing operations 82,588 65,267
Net Cash Used In Operating Activities From Discontinued Operations (9,978) (5,274)
Net cash provided by operating activities 72,610 59,993
Investing Activities:    
Purchase of property and equipment (2,834) (3,922)
Payments for purchase of product rights (12,824) 768
Purchase of available-for-sale investments (474,810) (273,402)
Sale of available-for-sale investments 112,379 41,238
Maturity of available-for-sale investments 188,865 69,515
Net cash provided by (used in) investing activities from continuing operations (189,224) (165,803)
Net cash used in investing activities from discontinued operations 0 (577)
Net cash provided by (used in) investing activities (189,224) (166,380)
Financing Activities    
Payment of dividends (8,535) (5,993)
Excess tax benefits from share based payment arrangements 2,872 320
Proceeds from exercise of stock options 54,049 2,206
Net cash provided by (used in) financing activities 48,386 (3,467)
Effect Of Exchange Rate On Cash And Cash Equivalents 67 (34)
Net increase (decrease) in cash and cash equivalents (68,161) (109,888)
Cash and cash equivalents at beginning of period 218,362 207,941
Cash and cash equivalents at end of period $ 150,201 $ 98,053