Part 1: Adjusting Operating Cash Flows
10/31/2001 7/31/2001 7/31/2000 7/31/1999 7/31/1998 7/31/1997 7/31/1996
shares used in fully diluted EPS 7.307 7.196 7.438 7.062 6.658 6.287 6.008
growth 1.5% -3.3% 5.3% 6.1% 5.9% 4.6%
dilutive effect of stock options 0 0 0.521 0.416 0.346 0.280 0.250
o/s shares 7.307 7.196 6.917 6.646 6.312 6.007 5.758
growth 1.5% 4.0% 4.1% 5.3% 5.1% 4.3%
Operating Cash Flows 1,384 6,392 6,141 4,325 2,865 1,448 1,063
less
provision for doubtful accts 26 268 40 19 43 13 19
provision for inventory (29) 2,775 339 151 161 123 53
tax benefits from employee stock options 43 1,397 2,495 837 422 274 198
restructuring costs 501
Net (gain) loss from investments 971 43 (92) -
Adjusted operating cash flows 373 1,408 3,359 3,318 2,239 1,038 793
AOCF/share 0.05 0.20 0.45 0.47 0.34 0.17 0.13
Sales 4,448 22,293 18,928 12,173 8,489 6,452 4,101
AOCF/Sales 8% 6% 18% 27% 26% 16% 19% |
