VRSN » Topics » Net cash provided by financing activities

This excerpt taken from the VRSN 10-Q filed Jul 12, 2007.

Net cash provided by financing activities

Net cash provided by financing activities of approximately $73.6 million for the six months ended June 30, 2006 was primarily related to repurchases of common stock of $135.0 million, offset by proceeds from drawdown of the credit facility of $174.0 million and proceeds from issuance of common stock from option exercises and our employee stock purchase plan of approximately $39.4 million.

Net cash provided by discontinued operations

Net cash provided by operating activities from discontinued operations for the six months ended June 30, 2006 was primarily from net income from discontinued operations of approximately $0.9 million and changes in operating assets and liabilities of $2.4 million. Net cash provided by operating activities from discontinued operations for the six months ended June 30, 2005 was primarily from net income from discontinued operations of approximately $8.4 million and changes in operating assets and liabilities of $2.2 million.

 

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This excerpt taken from the VRSN 10-Q filed Jul 12, 2007.

Net cash provided by financing activities

Net cash provided by financing activities of approximately $111.3 million for the nine months ended September 30, 2006 was primarily related to repurchases of common stock of $135.0 million, offset by net proceeds from the drawdown of the credit facility of $299.0 million, proceeds from issuance of common stock from option exercises and our employee stock purchase plan of approximately $52.7 million and repayment on the credit facility of $102.4 million.

Net cash provided by discontinued operations

Net cash provided by operating activities from discontinued operations for the nine months ended September 30, 2006 was primarily from cash received from PayPal of approximately $5.9 million. Net cash provided by operating activities from discontinued operations for the nine months ended September 30, 2005 was primarily from net income from discontinued operations of approximately $13.3 million less changes in operating assets and liabilities of $0.1 million.

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10-Q
Jul 12, 2007
10-Q
Jul 12, 2007

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