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IDEXX Laboratories Announces Second Quarter Results
Date:7/25/2014

span>Financing:Cash Flows from Financing Activities:Borrowings on revolving credit facilities, net107,000

155,500Payment of notes payable(1,394)

(480)Repurchases of common stock(196,626)

(206,335)Debt issue costs(1,156)

-Proceeds from the exercise of stock options and employee stock purchase plans14,707

16,420Tax benefit from share-based compensation arrangements7,960

5,830Net cash used by financing activities(69,509)

(29,065)Net effect of changes in exchange rates on cash1,565

(3,052)Net increase in cash and cash equivalents25,990

27,027Cash and cash equivalents, beginning of period279,058

223,986Cash and cash equivalents, end of period$
305,048

$
251,013
IDEXX Laboratories, Inc. and SubsidiariesFree Cash Flow(1)Amounts in thousands (Unaudited)Six Months EndedJune 30,June 30,2014

2013Free Cash Flow:Net cash provided by operating activities$
5,280

$
2,484
Financing cash flows attributable to tax benefits from share-based compensation arrangements7,960'/>"/>

SOURCE IDEXX Laboratories, Inc.
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