Adaptec 2009 Annual Report Download - page 31

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Annual Report
Quarterly Data for the Year Ended December 28, 2008
Fourth Third Second First Fourth Third Second First
(in thousands) As reported As restated
Adjustments to reconcile net income (loss)
to net cash provided by operating
activities:
Unrealized foreign exchange (gain) loss,
net ............................ $ (7,853) $ (3,311) $ (2,527) $ (3,605) $ (8,362) $ (3,320) $ (2,267) $ (3,288)
Changes in operating assets and
liabilities:
Prepaid expenses and other current
assets ........................ 6,945 4,972 895 711 6,743 4,914 885 680
Accounts payable and accrued
liabilities ..................... (42,679) (22,069) (6,101) (7,464) (40,240) (21,654) (6,216) (7,144)
Deferred income taxes and income
taxes payable ................. (72,163) (79,718) (82,381) 38,556 (70,491) (78,075) (81,441) 39,555
Accrued restructuring costs ........ (4,973) (3,971) (2,461) (1,218) (4,720) (3,850) (2,352) (1,098)
Net cash provided by operating
activities ................... 78,806 64,216 53,141 18,863 82,459 66,328 54,325 20,588
Effect of exchange rate changes on cash
and cash equivalents ................ $ (658) $ (658) $ (658) $ (971) $ (4,311) $ (2,770) $ (1,842) $ (2,696)
Quarterly Data for the Year Ended December 30, 2007
Fourth Third Second First Fourth Third Second First
(in thousands) As reported As restated
Adjustments to reconcile net income (loss)
to net cash provided by operating
activities:
Unrealized foreign exchange (gain) loss,
net ............................ $18,221 $ 16,075 $ 9,286 $ 979 $ 18,246 $ 15,849 $ 8,849 $ 953
Changes in operating assets and
liabilities:
Prepaid expenses and other current
assets ........................ 1,998 462 478 1,159 2,226 624 546 1,182
Accounts payable and accrued
liabilities ..................... 6,933 5,700 410 (47) 5,027 4,169 (224) (46)
Deferred income taxes and income
taxes payable ................. 13,710 10,277 3,813 (1,615) 12,353 9,152 3,845 (1,577)
Accrued restructuring costs ........ (1,595) 223 2,406 4,357 (2,106) (281) 2,057 4,361
Net cash provided by operating
activities ................... 91,210 60,660 35,946 17,836 87,689 57,436 34,626 17,876
Effect of exchange rate changes on cash
and cash equivalents ................ $ 1,396 $ 1,170 $ — $ — $ 4,917 $ 4,394 $ 1,320 $ (40)
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