Avid 2011 Annual Report Download - page 92

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87
related liquidity covenant.
Subsequent to December 31, 2011 but prior to the issuance of these financial statements, the Company borrowed and repaid $1.0
million under the credit line. We had no outstanding borrowings under the credit facilities as of the date of issuance of these
financial statements. Avid Technology, Inc. or the other eligible borrowers may borrow against the line of credit above the current
outstanding borrowings to cover short-term cash requirements during 2012 as may be required to meet the funding needs of the
business.
T. SUPPLEMENTAL CASH FLOW INFORMATION
The following table reflects supplemental cash flow investing activities related to the acquisitions of Blue Order and Euphonix
during the year ended December 31, 2010 and the acquisition of MaxT during the year ended December 31, 2009. There was no
supplemental cash flow investing activity during the year ended December 31, 2011.
Fair value of:
Assets acquired and goodwill
Liabilities assumed
Total consideration
Less: cash acquired
Less: equity consideration
Net cash paid for acquisitions
2010
$ 48,598
(14,228)
34,370
(1,586)
(5,776)
$ 27,008
2009
$ 7,332
(2,152)
5,180
(767)
—
$ 4,413
Cash paid for interest was $1.8 million, $0.8 million and $0.9 million for the years ended December 31, 2011, 2010 and 2009,
respectively.