Q1 FY04 Balance Sheet / Cash Flow
Conservative balance sheet - $396M cash and marketable secs. - $ 59M total debt - $580M shareholder equity
Spent $35M on stock buy-back and $35M on Zmed acquisition
*DSO 76 days – down 13 days from year-ago qtr.
Strong cash flow - $57M cash flow from operations
- Second 2M share repurchase program (complete)
- Board authorization to repurchase another 3M shares through August 31, 2005.