Mentor Graphics Reports Fiscal First Quarter Results and Announces Quarterly Dividend
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MENTOR GRAPHICS CORPORATION
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UNAUDITED CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS AND SUPPLEMENTAL INFORMATION
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(In thousands, except days sales outstanding)
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Three Months Ended April 30,
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2015
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2014
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Operating activities
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Net loss
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$
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(10,503
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)
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$
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(3,025
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)
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Depreciation and amortization
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15,041
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13,737
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Other adjustments to reconcile:
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Operating cash
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8,136
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6,522
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Changes in working capital
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33,277
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(28,195
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)
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Net cash provided by (used in) operating activities
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45,951
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(10,961
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)
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Investing activities
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Net cash used in investing activities
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(11,928
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)
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(47,580
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)
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Financing activities
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Net cash used in financing activities
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(14,778
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)
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(59,293
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)
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Effect of exchange rate changes on cash and cash equivalents
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247
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337
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Net change in cash and cash equivalents
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19,492
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(117,497
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)
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Cash and cash equivalents at beginning of period
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230,281
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293,322
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Cash and cash equivalents at end of period
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$
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249,773
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$
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175,825
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Other data:
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Capital expenditures, net
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$
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4,728
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$
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6,170
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Days sales outstanding
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145
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150
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