Financial Snapshot – Balance Sheet & Cash Flow
$132M Cash & $153M Debt (as of Q205)
Improving DSO and Strong Cash Flow
- 2004 Operating Cash Flow of $168M; Free Cash Flow of $53M
- Q205 Operating / Free Cash Flow - $44M / $9M* (*before purchase of building)
- Q205 DSO 98 Days, down 5 days from Q204
- Improvements driven by strong execution delivering solutions to clients
*FCF = Operating CF less Capital Expenditures and Capitalized Software