Reconcilation of Free Cash Flow

 

 

Reconciliation of Free Cash Flow Close window

 
Fiscal years ending on October 31,
2002
2003
  
2004
2005
2006
 
Cash provided by operating activities (GAAP)
81.1
102.8
  
124.2
249.1
190.3
 

Less: Capital expenditures
(30.4)
(24.4)
  
(18.7)
(50.8)
(72.3)
 
Free cash flow from operations (Non-GAAP)
50.7
78.4
  
105.5
198.3
118.0
 



* The Company utilizes this non- GAAP financial measure to gauge its quarterly and annual performance considering its short-term investment in working capital and its long-term investment in Plant, Property and Equipment (PP&E).