 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
| Fiscal Year ended |
|
|
Oct. 31
1999 |
|
|
Oct. 31
1998 |
|
|
Oct. 31
1997 |
|
|
|
|
|
|
|
|
|
|
|
CASH FLOWS FROM OPERATING ACTIVITIES
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
|
$ |
190,747 |
$ |
101,976 |
$ |
(78,296) |
|
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities
|
|
|
|
|
Depreciation and amortization
|
70,156 |
76,170 |
91,075 |
|
Stock plans' income tax benefits
|
50,657 |
10,261 |
3,927 |
|
(Increase) decrease in receivables
|
(58,618) |
(29,164) |
221,190 |
|
(Increase) decrease in inventories
|
(191) |
7,094 |
6,181 |
|
(Decrease) increase in prepaids
|
15,427 |
(5,480) |
(9,404) |
|
Decrease (increase) in deferred and refundable income taxes
|
38,979 |
43,662 |
(93,082) |
|
(Increase) decrease in other current assets
|
(3,374) |
(2,941) |
(3,221) |
|
Increase (decrease) in other current liabilities, net
|
24,937 |
92,739 |
(42,816) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by operating activities
|
|
|
328,720 |
|
|
294,317 |
|
|
95,554 |
|
|
|
|
|
|
|
|
|
|
|
CASH FLOWS FROM FINANCING ACTIVITIES
|
|
|
|
|
|
|
|
|
|
|
|
Issuance of common stock, net
|
95,215 |
54,650 |
23,114 |
|
Repurchases of common stock
|
(402,582) |
(244,964) |
— |
|
Sale of put warrants
|
— |
— |
2,300 |
|
Settlement of put warrants
|
— |
— |
(20,760) |
|
|
|
|
|
|
|
|
|
|
Net cash (used) provided by financing activities
|
|
|
(307,367) |
|
|
(190,314) |
|
|
4,654 |
|
|
|
|
|
|
|
|
|
|
|
CASH FLOWS FROM INVESTING ACTIVITIES
|
|
|
|
|
|
|
|
|
|
|
|
Expenditures for property, plant and equipment
|
(69,181) |
(57,375) |
(64,796) |
|
Purchases of short-term investments
|
(1,743,695) |
(2,048,391) |
(2,148,664) |
|
Maturities of short-term investments
|
1,346,432 |
1,490,661 |
1,502,451 |
|
Sales of short-term investments
|
689,910 |
535,405 |
664,379 |
|
Increase in restricted cash
|
(91,668) |
(83,107) |
(11,371) |
|
Other
|
(34,375) |
5,754 |
20,815 |
|
|
|
|
|
|
|
|
|
|
Net cash (used) provided by investing activities
|
|
|
97,423 |
|
|
(157,053) |
|
|
(37,186) |
|
|
|
|
|
|
|
|
|
|
|
Total increase (decrease) in cash and cash equivalents
|
|
|
118,776 |
|
|
(53,050) |
|
|
63,022 |
|
|
Cash and cash equivalents — beginning of period
|
155,493 |
208,543 |
145,521 |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents — end of period
|
|
|
274,269 |
|
|
155,493 |
|
|
208,543 |
|
|
Short-term investments — end of period
|
621,135 |
851,674 |
824,930 |
|
|
|
|
|
|
|
|
|
|
Cash and short-term investments — end of period
|
|
|
$ |
895,404 |
|
|
$ |
1,007,167 |
|
|
$ |
1,033,473 |
|
|
|
|
|