Rendering

Component: (Network and Table)
Network
040000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://abaxis.com/role/ConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]Period [Axis]
2011-04-01 - 2012-03-31
2010-04-01 - 2011-03-31
2009-04-01 - 2010-03-31
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]
 
 
 
Cash flows from operating activities:
 
 
 
Net income
13,091,000  
14,537,000  
13,023,000  
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
5,090,000  
4,562,000  
4,935,000  
Investment premium amortization, net
986,000  
526,000  
211,000  
Net loss on disposals of property and equipment
13,000  
16,000  
104,000  
Net loss (gain) on foreign exchange translation
144,000  
(275,000) 
60,000  
Share-based compensation expense
5,683,000  
4,844,000  
5,337,000  
Excess tax benefits from share-based awards
(862,000) 
(2,260,000) 
(2,096,000) 
Provision for deferred income taxes
673,000  
2,087,000  
1,245,000  
Equity in net loss of unconsolidated affiliate
143,000  
31,000  
 
Changes in assets and liabilities:
 
 
 
Receivables, net
(2,827,000) 
(4,132,000) 
(1,833,000) 
Inventories
(1,236,000) 
(1,846,000) 
(5,068,000) 
Prepaid expenses and other current assets
(1,199,000) 
(156,000) 
(585,000) 
Other assets
44,000  
(55,000) 
(52,000) 
Accounts payable
232,000  
(3,248,000) 
5,436,000  
Accrued payroll and related expenses
208,000  
514,000  
1,917,000  
Accrued taxes
(276,000) 
582,000  
884,000  
Other accrued liabilities
299,000  
336,000  
140,000  
Deferred rent
225,000  
253,000  
26,000  
Deferred revenue
918,000  
174,000  
(58,000) 
Warranty reserve
624,000  
(121,000) 
(954,000) 
Net cash provided by operating activities
21,973,000  
 
16,369,000  
 
22,672,000  
 
Cash flows from investing activities:
 
 
 
Purchases of available-for-sale investments
(8,268,000) 
 
(3,030,000) 
Purchases of held-to-maturity investments
(18,174,000) 
(62,686,000) 
(70,562,000) 
Proceeds from redemptions of available-for-sale investments
 
 
3,000,000  
Proceeds from maturities and redemptions of held-to-maturity investments
42,584,000  
68,604,000  
27,381,000  
Purchases of property and equipment
(7,663,000) 
(6,926,000) 
(3,413,000) 
Cash paid for investment in unconsolidated affiliate
 
(2,800,000) 
 
Net cash provided by (used in) investing activities
8,479,000  
 
(3,808,000) 
 
(46,624,000) 
 
Cash flows from financing activities:
 
 
 
Proceeds from notes payable from municipal agency
147,000  
853,000  
 
Proceeds from the exercise of stock options
615,000  
1,684,000  
915,000  
Tax withholdings related to net share settlements of restricted stock units
(2,211,000) 
(2,013,000) 
(446,000) 
Excess tax benefits from share-based awards
862,000  
2,260,000  
2,096,000  
Repurchases of common stock
(27,328,000) 
 
 
Net cash provided by (used in) financing activities
(27,915,000) 
 
2,784,000  
 
2,565,000  
 
Effect of exchange rate changes on cash and cash equivalents
(165,000) 
269,000  
7,000  
Net increase (decrease) in cash and cash equivalents
2,372,000  
 
15,614,000  
 
(21,380,000) 
 
Cash and cash equivalents at beginning of year
43,471,000  
27,857,000  
49,237,000  
Cash and cash equivalents at end of year
45,843,000  
 
43,471,000  
 
27,857,000  
 
Supplemental disclosure of cash flow information:
 
 
 
Cash paid for income taxes, net of refunds
6,161,000  
6,194,000  
6,349,000  
Supplemental disclosure of non-cash flow information:
 
 
 
Change in unrealized gain on investments, net of tax
25,000  
 
 
Transfers of equipment between inventory and property and equipment, net
1,485,000  
1,112,000  
1,797,000  
Net change in capitalized share-based compensation
32,000  
13,000  
61,000  
Common stock withheld for employee taxes in connection with share-based compensation
2,211,000  
2,013,000  
446,000  
Repayment of notes payable by credits from municipal agency
95,000  
22,000  
 
Warrants issued for intangible assets
388,000  
249,000