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This excerpt taken from the DMAN 10-K filed Apr 24, 2009. Investing
Activities
Our primary investing activities have been capital expenditures
on equipment for our data center, net purchases of marketable
securities and payments for an acquisition.
Fiscal 2009 Compared to Fiscal 2008. Net cash
used in investing activities was $25.8 million in fiscal
2009 as compared to $33.7 million in fiscal 2008, primarily
due to purchases and maturities of marketable securities, which
was $6.5 million lower in fiscal 2009 as compared to fiscal
2008, as we invested more in cash and cash equivalents in fiscal
2009 due to uncertainty and volatility in interest rates. In
addition, capital expenditures decreased approximately
$1.0 million in fiscal 2009 compared to fiscal 2008 and we
acquired assortment optimization technology for
$1.5 million in fiscal 2009.
In March 2009, we paid $11.3 million of the approximately
$13.3 million cash purchase consideration in connection
with our February 2009 acquisition of Connect3. The remaining
$2.0 million, less any amounts used to satisfy any claims
for indemnification that we may make for certain breaches of
representations, warranties and covenants, will be distributed
within sixteen months of the consummation of the acquisition.
Fiscal 2008 Compared to Fiscal 2007. Net cash
used in investing activities was $33.7 million in fiscal
2008 as compared to $7.9 million in fiscal 2007, primarily
due to purchases of marketable securities, which was
$26.2 million higher in fiscal 2008 as compared to fiscal
2007 as we invested the proceeds from our IPO in August 2007. In
addition, in fiscal 2008, we purchased $1.8 million more in
property and equipment than in fiscal 2007 as we continued to
expand our data centers to support a larger customer base and
provided more infrastructure to support company growth,
including an enterprise resource planning system. Offsetting
this increase, cash used in the acquisition of TradePoint
decreased $2.3 million compared to fiscal 2007.
This excerpt taken from the DMAN 10-K filed Apr 25, 2008. Investing
Activities
Our primary investing activities have been capital expenditures
on equipment for our data center, net purchases of marketable
securities and payments for an acquisition.
Fiscal 2008 Compared to Fiscal 2007. Net cash
used in investing activities increased to $33.7 million in
fiscal 2008 from $7.9 million in fiscal 2007, primarily due
to an increase in net purchases of marketable securities of
$26.2 million as compared to fiscal 2007 as we invested the
proceeds from our IPO in August 2007. In addition, in fiscal
2008, we purchased $1.8 million more in property and
equipment than in fiscal 2007 as we continued to expand our data
centers to support a larger customer base and provided more
infrastructure to support company growth, including an
enterprise resource planning system. Offsetting this increase,
cash used in the acquisition of TradePoint decreased
$2.3 million compared to fiscal 2007.
Fiscal 2007 Compared to Fiscal 2006. Net cash
used in investing activities increased to $7.9 million in
fiscal 2007 from $4.0 million in fiscal 2006. The increase
was primarily due to the acquisition of TradePoint and increased
capital expenditures.
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