Adaptec 2003 Annual Report Download - page 69

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Noncash charges — — (12,241) (12,241)
Cash payments (5,651) (400) — (6,051)
Balance at December 31, 2001 $ 6,784 $ 150,210 $ — $ 156,994
Adjustments (3,465) 3,465 — —
Cash payments (3,319) (24,176) — (27,495)
Balance at December 31, 2002 — 129,499 — 129,499
Reversals — (5,330) (5,330)
Cash payments — (116,790) (116,790)
Balance at December 31, 2003 $ — $ 7,379 $ — $ 7,379
On July 7, 2003, PMC terminated its remaining rental commitment for Mission Towers Two, located in Santa Clara, CA, by
purchasing the facility for $133 million and then immediately
63